In 2008, I was living in a tiny, dirty efficiency apartment in the worst part of my town. I couldn’t even afford cable. I ate a chicken breast every night for dinner, and most of the time, skipped breakfast and
November 30, 2014
In the latest Stock World Weekly, we discuss oil prices, OPEC, econo-politics and more; and Phil provides several trade ideas including one with USO. (Read the newsletter by clicking here and trying PSW free.) Excerpt: Reasons for the continuous drop in oil prices
Yesterday it was the French, with record high unemployment and record low bond yields. Today, it is the turn of the Italians as the unemployment rate rose to 13.2% – the highest since records began – as bond yields continue to plumb
The correlation between gold and the national debt was clear for 13 years. It made perfect sense in a free market. You can’t print more gold. It is a relatively scarce metal that has represented wealth for centuries. Fiat currency can be
A quick “glance under the hood” shows us which sectors have been hot in 2014, which have not and which could be leaders for 2015. The nine SPDR Sector ETFs have been telling us about the advances and declines of
The world is awash in oil, I’m hearing. The problem is, it’s fairly expensive oil. Take for example Canada. The country has managed to increase its production of oil by a million barrels a day over the last decade. But
There was much hope for America’s struggling brick-and-mortar retail outlets that was aided by plunging gasoline prices, Americans would come out in droves to chase Black Friday (and increasingly Thanksgiving) blockbuster deals on the ground across America’s increasingly troubled shopping
With nearly nearly 33% of exhibitors coming from France in the CES Eureka Park, the EU member state will be sending over 100 startups to the event while the U.S. will be sitting at around 20. With the advent of
Colgate-Palmolive (CL) is one of the largest publicly traded personal products companies. The company has a market cap of $63 billion which is large for the personal products industry; larger than Kleenex maker Kimberly-Clark’s (KMB) $43 billion market cap, but significantly smaller
Throughout the last few months, we have identified three forces that are shaping the investment climate: the economic and monetary divergence that favors the U.S., the decline in commodity prices, and a slowing of China. These forces remain very
