Archives for September 2015

The Fed’s Alice In Wonderland Economy – What’s Next?

By Nick Giambruno After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve. Ask almost anyone on the street for the name of the U.S. president, and you’ll get a quick … [Read more...]

Bloodbath in the Oil Patch

On September 10th the U.S. Energy Information Administration ( EIA) reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimated global … [Read more...]

Why Investors Cling to Hope Amid Stock Market Turmoil

History shows that many investors will hold stocks all the way down By Elliott Wave International I was watching financial television as the Dow Industrials fell 400-plus points on Sept. 1. Two market professionals were interviewed: Both said … [Read more...]

Improving Your Investments with Decision Theory

By Jared Dillian If you’ve ever taken a decision theory class (I have, and it was awesome), this is the first thing you learn. Decision Theory You have a 50/50 chance of winning $10,000. You have P = 0.5 of getting $10,000 and P = 0.5 of … [Read more...]

OPEC Self-Destruction Thanks To Saudi Oil Strategy?

"If you are the world's leading energy economy, you produce energy, that's what you do." "A government can stay irrational longer than it can stay solvent." "Even in the short term, you're dead, if you commit suicide." The first quote modifies … [Read more...]