By Marin Katusa, Chief Energy Investment Strategist: The world changed: Iran made a deal with the US, Russia, China, the UK, France, and Germany. Forget the nuclear weapons program. There’s only one thing on the minds of these six countries: oil.
Entries in Casey Research (101)
By Doug French, Casey Research: In March, 2009, under pressure from Congress, the Financial Accounting Standards Board, a private-sector organization, motivated banks to become the worst slumlords and neighbors imaginable.
By Doug French, Casey Research: They don't ring bells at the top, but when a company called Fantex Holdings plans to sell shares in professional athletes and possibly actors and musicians, a chill should race up the spine of investors.
By John Mauldin: Far more revealing than Yellen’s testimony on Thursday were two very important papers by the two most senior Federal Reserve staff economists. The thinking that went into them must have been broadly approved by both Bernanke and Yellen.
By Eric Angeli, Investment Executive, Sprott Global Resource Investments: Precious metals miners are the most volatile stocks on earth. They're so volatile that investors often forget that underneath those whipsawing stock prices lie real businesses.
By Dennis Miller: In 2007, US Comptroller General David Walker pointed out on 60 Minutes that the US is suffering from a fiscal cancer. But politicians were unwilling to address it. Wall Street called him "Chicken Little." The national debt was $8.9 trillion. Now, it’s $17 trillion. And the cancer has metastasized to cities and states.
By Dennis Miller: “He lost his leg in a hunting accident; he’d assumed the gun wasn’t loaded,” my dad told me. Today, the old joke, "When you 'assume,' you make an ass out of you and me," isn't funny for folks whose assumptions cripple their retirement plans.
By Doug French, Casey Research: No wonder investors don't, or shouldn't, take economists seriously. After decades of booms and busts, the latest Nobel Prize co-winner, Eugene Fama, founder of the efficient-market hypothesis, claims the don't exist.
By John Mauldin, Mauldin Economics: Sheraz Mian, Director of Research for Zacks Investment Research, gives us an overview of corporate earnings trends for the past several quarters and consensus expectations going forward, and asks, “How realistic are these expectations?” Not very, he says.
By Dennis Miller: We all share a common goal: to grow our nest eggs and make sure they last over the long haul. Our generation was taught to live off the interest and never touch the principal, but interest rates for CDs and Treasuries no longer allow for that. They don’t even keep up with inflation, so we have to invest our money elsewhere if we want it to last.
By Lacy H. Hunt, Ph.D., Economist: The Fed's capabilities to engineer changes in economic growth and inflation are asymmetric. Its tools are well suited to fight rampant inflation. But in an excessively over-indebted economy, when it tries to spur growth by cutting interest rates to zero and buying assets, its tools turn out to be powerless.
By Dennis Miller: My grandfather was a common man. He was an army sergeant in WW II. When the war was over, he ran the family farm. I doubt he ever heard of Keynesian or Austrian economics. His advice and opinions were more of the commonsense variety: Spend less than you make, save the difference, and don't depend on the government.
By Dennis Miller: The holy grail of retirement? Good financial planners use computer programs to help us set retirement savings goals, based on assumptions about how the world works, and out pops a number telling us how much we should save during our working years. Reach it and you're set for life. But that thinking can spell disaster.
By Shannara Johnson, Chief Editor, Casey Research: "After listening to the speakers, I made sure to program the number of the suicide hotline into my cell phone," real estate expert Andy Miller joked at the beginning of his speech. Rick Rule, resource investor and chairman of Sprott Holdings, quipped, "Amazing – I actually get to be the positive guy here."
By Dennis Miller: In sports, you don’t blindly use a strategy without considering your opponent’s next move, strengths, and weaknesses. To win, you have to adapt. While the investment world can seem like the same old game with the same old rules, it’s always changing around the edges. If you don’t adapt, you won’t win this game either.
By Dennis Miller: I am delighted to have Nick Giambruno, the senior editor of International Man, in our hot seat. Nick is an expert on all things international. From international real estate to international government regulation to international business, Nick is the go-to guy. And he explains the critical importance of internationalizing your retirement savings
By Dennis Miller: I pity the poor soul who just retired and put a good chunk of his 401(k) in “safe” utility stocks on May 1, thinking he would have nothing to worry about. Newton's third law – every action has an equal and opposite reaction – is at it again. When the Fed started speaking about tapering, yields soared, and slammed utilities.
By Dennis Miller: So long Larry Summers! It appears that Janet Yellen will be the next Fed chairman. Summers was Wall Street's choice. So good riddance. But Yellen isn't high on my list either: she has never cast a dissenting vote against QE. But seniors and savers have been sacrificed for the benefit of the banking system, and the Fed orchestrated it all.
By Marin Katusa, Chief Energy Investment Strategist: Vladimir Putin is on a roll. Ever since the Russian president-turned-prime-minister-turned-president got into office 13 years ago, he's been deftly maneuvering Russia back into the ranks of global heavyweights. These days, he's averting cruise missiles from Syria before breakfast.
By Dennis Miller: I am concerned about the number of baby boomers and seniors who are financially unprepared for retirement. It's not like the downsides of aging are a secret. As we get older, our bodies wear out, and we slow down. Unless we plan to work until the grim reaper shows up at the door, we need to save and invest quite a bit of money.