Posts

Greece, to Everyone: “I Can’t Live….With or Without EU”

This article was originally published on RealMoney.com on July 1st at 2:30pm EDT It’s become increasingly apparent this week that Greece’s recently-elected Prime Minister, Alexis Tsipras, is not afraid to bite the hand that feeds him. In fact, that appears to be his primary modus operandi. Despite demonstrating an apparent willingness to accede to some of their creditors’ demands in the past…

Continue Reading

Posts

Fed Rate Raising Talk Raising False Fears

This article was originally published on RealMoney.com on June 10th at 1:30pm EDT Everyone seems pretty concerned about when the Fed is going to “raise rates,” and what that will mean for the stock and bond markets. Determining what the stock and bond markets will do seems to be skipping a step—how about first figuring out what impact a Fed rate hike…

Continue Reading

Posts

Buy Low, …. And Buy Higher?

This article was originally published on RealMoney.com on May 27th at 11:00am EDT One of the oldest adages in the money management business is, “Buy low, sell high.” It also happens to be far more difficult than it sounds—partly because low prices (the best times to “buy,” according to the adage) generally coincide with the lousiest news. But the second part, “Sell…

Continue Reading

Posts

A Day Late, And A Dollar….Short?

This article was originally published on RealMoney.com on April 27th at 10:00am EDT Have we all been wrong about the US Dollar’s role in oil weakness—and, in fact, has the influence been the other way around? Is oil actually the primary driver of how much a dollar is worth globally? Two widely held beliefs regarding US dollar strength over the past eight…

Continue Reading

Posts

Time For U.S. CEOs To Take A European Vacation

This article was originally published on RealMoney.com on April 10th at 10:00am EDT Back in October of last year, we pointed to some counterintuitive positive catalysts for European stocks — at the time, the only headlines concerning Europe were ominous, and it looked like a case of “cheap, but not cheap enough.” The points we made were: 1. Favorable foreign exchange conditions…

Continue Reading

Posts

Contango & Cash

This article was originally published on RealMoney.com on March 24th at 5:00pm EDT I think most of us have heard enough about oil in the last six months for a lifetime. Whether we like it or not, oil is a pretty important topic, and its price and volatility impact just about every other asset class. There seems to be some confusion about…

Continue Reading

Posts

The “Versus Cash” Sniff Test

This article was originally published on RealMoney.com on March 10th at 6:00pm EDT Something that can be helpful on days like today, if only psychologically, is to consider how you would invest a portfolio if you were “starting from scratch.” It’s so easy to get caught up with the emotions—both positive and negative—assigned to each of your existing holdings that it can…

Continue Reading

Posts

13F Filings… A Day Late & A Dollar Short?

This article was originally published on RealMoney.com on February 18th at 4:00pm EDT Now that hedge funds and large investors are publicly reporting their quarter-end holdings in SEC Form 13F filings, we are hearing a great deal of conjecture about the importance of said reports. Of course, investors want to see what they can learn from the best and biggest. What did they…

Continue Reading

Posts

Greece To Germany: “It’s Not EU, It’s Me”

This article was originally published on RealMoney.com on February 11th at 10:00am EDT “The only things worth worrying about are the things nobody is worrying about.” – Unknown A good deal of ink has been spilled in the last two weeks concerning the potential exit of Greece from the eurozone and the train wreck that is bound to ensue shortly thereafter. Is…

Continue Reading

Posts

The Real Reason Cheap Oil is Bad for the US

This article was originally published on RealMoney.com on February 2nd at 4:00pm EDT Lower oil gives our foreign competition permission to devalue their currencies. With earnings season midway through, the predominant theme is that US-based multinationals are having a hard time compensating for strength in the US Dollar versus currencies of foreign trade partners, despite strong top line growth. In other words,…

Continue Reading