Friday, July 20th, 2018 MST

Category: Stock Market

All is well

If you watch the financial news networks, especially Fox, you are told that “All is well,” that the economy will grow this year somewhere near 3% and that stocks are still good buys.  However, there are indicators of strains on the economy that are not often mentioned on Fox.

No reflation?

David Stockman issues one of the most thought-provoking newsletters I’ve read in years.   He combines his experience in the Reagan administration as Budget Director with his more than 30 years in the investment world, much of it with some of the best-known firms on Wall Street, to present views rarely found elsewhere. Stockman has constantly

Hedge funds close, blame computer trading

Anthony Ward, famed London commodities trader, closed shop after nearly forty years of trading.  His reason: he couldn’t keep up with computer trading. According to Reuters, Ward blamed the rise of computer-driven funds and high-frequency trading.  Other well-known commodities investors also threw in the towel.  They are now looking for opportunities where machines can’t make