After a relatively frustrating 4th quarter for energy equipment companies, we’ll see if they now get their time in the limelight.
Kidz Korner is a feature here on The Reformed Broker where I explain complex financial issues to kids from the neighborhood in a simple, straightforward way.
The Bespoke Investment Group just posted a killer 2010 Roundtable, including the views of some of the best financial bloggers out there. I was honored to be included along with Eddy Elfenbein, Paul Kedrosky, Bill Luby, Michael Panzner, Mebane Faber, Charles Kirk and all the rest.
Click to Embiggen! Source: The World’s Most Profitable Companies (BillShrink.com)
Here is Bloomberg’s Chart of the Day, it’s the returns over the last decade for six asset classes. “Paper” lost to everything, especially the “Hard” stuff.
Is this the gameplan, then? “Dollar Bulls, you guys get to win Tuesdays and Thursdays, we will announce something nasty out of the Eurozone before the NY markets open on those days. Dollar Bears and Investors, y’all need to be patient and wait for Mondays, Wednesdays and alternating Fridays. On those days, we’ll throw you…
Rex Tillerson, CEO of Exxon Mobil, just slapped the global oil industry upside the head with his $41 billion deal to buy nat gas giant XTO.
Remember when the producers of Diff’rent Strokes decided that Arnold wasn’t cute enough anymore so they brought on the quintessential red-headed stepchild, Sam, to ratchet up the adorable factor? Gary Coleman probably felt a lot like Crude Oil feels now that Gold has replaced it as the commodity speculators’ darling. Anyway, let’s take a look…
Are our artificially low interest rates fueling bubbles elsewhere?
I’m not looking to host a debate about whether or not the US should do more to encourage drilling here in America. On one side, we have the oilmen, who would look to drill enough holes to turn the entire continent into a block of Jarlsberg cheese. On the other side, there are the treehuggers who are so wrapped up in…