Oil stocks have been infamously bad for a long time, but nothing on the scale of what has happened lately. Oil is simply too important to be kept down this low for all that long. Our economy has run into a brick wall lately, which has a lot of investors scurrying around for opportunities. Among […]

Inflation eats away at all assets, where it gets deducted off the top from our assets. Inflation going up is a concern to many, but the best way to beat it is to just beat it. Inflation risk in principle applies to all investors, although it is more of a concern to those who shoot […]

We are being told that governments are doing everything they can to save us from doom. If we are going to be facing real doom, it is the treatment, not the cure that will bring it on. With each passing day, the hyperbole surrounding our response to COVID-19 just keeps growing, like a cancer. In […]

Whether or not there is an actual emergency in the United States right now, President Donald Trump has declared one, to provide him access to up to $50 million by his own pen. Looking back on how COVID-19 has played out around the world so far, it shouldn’t surprise us too much that this has […]

Jim Stewart writes a regular column for the New York Times called “Common Sense.” He’s got the common part down pat, but the sense part needs some real work. The common view of investing has so many champions that it’s near impossible to single out anyone as its spokesperson, but if we had to pick […]

Many people love to bash corporations, but for the wrong reasons. If we are looking to do this and want to make more sense, we need to attack their actual weakness. It’s not even that clear why so many people hate big public corporations, as opposed to smaller ones or even the actual small businesses. […]

Once the darling of the market, producing consistent gains twice that of stocks for 30 years, managed futures funds have fallen upon hard times. They still might have their place. Managed futures funds seem like such a great idea on paper. The potential return with futures trading dwarfs what anyone could make with stocks, and […]

It’s always interesting to hear from the bear camp during a bull run. Morgan Stanley strategist Andrew Sheets thinks the stock “cycle” is nearing an end, and tells us why. There’s no shortage of pretzel logic in the investment world, and sadly, this is actually the standard fare in these professions. It takes quite a […]

Jeremy Grantham is as passionate about climate change as they come in the industry, enough to allow him to think that climate change will trample our portfolios somehow. There are countless folks who want to tell us all about how bad climate change will be at a time where both they and many of us […]

What does the left-wing branch of corporate and antitrust law look like? Wayne State law professor Sanjukta Paul gives us a glimpse, and it’s a pretty strange world indeed. You would think that capitalism and socialism would make strange bedfellows. Capitalism is based upon the combination of property rights and free exchange, where the law […]