Teak railings known as ‘bright-work’ on large yachts and cruise ships, at periodic points lose their sheen; so require a new coat of lacquer. Applying that varnish is a tedious process of sanding and preparation. So it is for the
October 23, 2018
As markets plunge around the world this week, we should not lose big picture perspective on how relatively little they have mean reverted to date. And also on how much further stocks are likely to fall before they complete their
It’s been a wild few days in the natural gas market, with prices selling off then reversing higher Friday, only to then set new lows yesterday on warmer long-range weather models before strong physical prices and more mixed long-range weather
Netflix Prices $2BN Junk Bond Offering, Forced To Offer Higher Yield As Some Investors Get Cold Feet
When we reported yesterday that Netflix is looking to prefund two more quarters of cash burn – which hit $860BN in Q3 – by issuing another $2 billion in junk bonds, just six months after the company issued an upsized $1.9 billion
Stocks were weak overnight, dropping on both the Asian and the European openings. But they were reeling on the open of the US futures markets, led even lower by the results from real economy stocks like CAT, who are not
Before jumping right into housing affordability, it is necessary to consider the affordability of common stocks, investor interest and initial public offerings in the early 1980s through today. Back in 1982, stocks were the most affordable of my lifetime. I
Alpha’s not easy to come by. Nor should it be. Once the exclusive purview of mutual funds, alpha is nowadays sought by exchange traded funds as well. Not too many, mind you. Of more than 2,200 ETFs, only 273 are
Markets for beer, wine, and spirits can offer patterns of broad cultural interest–and for the college teacher, may serve to attract the attention of students as well. Kym Anderson, Giulia Meloni, and Johan Swinnen discuss “Global Alcohol Markets: Evolving Consumption
Running length 00:12:43
As the seasons change so to do the habits and actions of all things from the smallest critter all the way up to the Wall Street trader. We see seasonal tendencies in price movement across a number of different assets, but
