Managing the asset markets Part III
We’ve discussed on two previous occasions (which you can find here, and here) how the business cycle has been flattened due to higher productivity growth, snazzy technology, and a shift […]
Natural gas is cheap in relation to oil
We’ve found a couple of interesting articles today on the oil and natural gas markets. Since we advise a position in InterOil, which despite it’s name is a natural gas, […]
Is the worst behind us?
Some people who carry some cloud seem to think so. Notwithstanding a raft of bad figures from the housing market and mortgage suppliers, Treasury Secretary Hank Paulson and Merrill’s John […]
Managing the asset markets? Part II
Last week we discussed forces that were supposed to flatten the business cycle. However, they set in motion other forces that actually increased the business cycle. This is hardly a […]
Spring is in the air
Leaves return on trees, plants start to blossom, skirts shorten, people relax, Federer gets his ass kicked by a Spanish concentration of testosteron (style over brute force), it’s good to […]
Some strange market logic
Sometimes, markets do not work as one is inclined to expect. For instance, when the housing and credit crisis started to really scare the markets early this year, and increasingly […]
Perception is the new reality
The situation of the US economy Is pretty bad, and today’s figures add to the gloom, but the markets seem to take it all in their stride. Very curious. Why […]
Managing the asset markets? Part I
One of the pillars of the ‘new economy’ thesis, popular at the beginning of this decade, was that the traditional business cycle would be flattened and the economy could grow […]
Looking for cheap stocks in an expensive market III
Here is something we wrote yesterday: Banks don’t trust one another because risk has been put in a blender and distributed as confetti to all of them, making a proper […]
Looking for cheap stocks in an expensive market II. TSL update
We ran some comments about an article by Motley Fool about the housing crisis and the general state of the market this morning. Today, the market seems to be in […]