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“Given the continued sluggishness of the economy, high unemployment rate and large amounts of excess oil production capacity around the world, analysts said a sudden upward spike was still unlikely, while others are predicting an immanent correction down below $70. However, if you take a closer look, it is evident that the current crude oil market is almost entirely detached from fundamentals,” argues energy expert Dian Chu in this guest contribution. [...] More on this topic (What's this?) 2012 Oil Price Outlook: How to Profit From $150 Oil (Money Morning, 1/6/12) The Five Factors Moving Oil Prices This Year (Investment U, 1/10/12) All You Need to Know About Iran, $200 Oil, and $6.00 Gas (Money Morning, 1/16/12)
This week on WealthTrack, Consuelo Mack calls into question the long-dominant efficient market theory and explores what models should be used by investors to navigate the markets. She discusses this with two top fund managers, Jerry Senser, lead portfolio manager for all of ICAP, and noted contrarian Robert Kleinschmidt, who manages the top-rated Tocqueville Fund. Also joining the conversation is Justin Fox, Time magazine’s economics columnist and author of “The Myth of the Rational Market”. As always with WealthTrack this is excellent viewing material. [...] More on this topic (What's this?) WealthTrack: Is the efficient market theory still valid? (GreenLightAdvisor Views, 10/19/09) Your Money's All Gone... (Wealth Daily, 12/19/11) New ETF Filing: FlexSharesSM Morningstar Developed ex-US Markets Factor Tilt Index Fund (Wall Street Sector Selector, 1/19/12)
Risky assets remained in favor during the past week, generally helped along by fairly robust economic data and better-than-expected corporate earnings reports. A number of bourses, crude oil, inflation-linked bonds and high-yielding corporate bonds and currencies recorded fresh highs for the year, whereas gold hit an all-time high of $1,070.20 per ounce. [...]
This post provides links to a number of thought-provoking articles I have read over the past few days that you may also find of interest. Please also add the links to any other worthwhile articles you would like to share to the comments section. [...] More on this topic (What's this?) Must Reads Friday, July 17, 2009 (Contrarian Profits, 7/17/09) 'Occupy Wall Street' Protests Wear On for 10th Day (Money Morning, 9/27/11) Must Reads Wednesday, June 17, 2009 (Contrarian Profits, 6/17/09)
This post features Charlie Rose interviewing John Micklethwait, editor-in-chief of the prestigious Economist magazine. [...] | ||||||||||||||||||||||||||||||||||||||||
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