Archive for July, 2008

The “Bad Habit” Asian Firms Just Can’t Seem to Shake

As investors, we can rejoice in the work ethic of Asian companies, as well as their inventive technology and presence in some of the world’s greatest growth markets. But there’s one “bad habit” that Asian management just can’t seem to…

31Jul2008 | Money Morning | 0 comments | Continued

IPOs Dry Up in Developed World but Emerging Markets Show Promise

Initial public offerings ground to a halt this year in most of the developed world, as a credit crunch and bear market forced private companies to either postpone offerings, or cancel them all together.

But emerging market IPOs have flourished,…

31Jul2008 | Money Morning | 0 comments | Continued

Buying Bank Stocks: Good Bet or Big Gamble?

If you have followed the market over the past year, you know what’s been happening if you’ve been thinking about buying bank stocks.

A good proxy for the group is KBW Bank ETF (AMEX: KBE), an exchange-traded fund that holds all…

31Jul2008 | Investment U | 0 comments | Continued

I.O.U.S.A. — What George Bush signed behind closed doors…

What George Bush signed behind closed doors…

I understand this topic isn’t something we normally cover here at Energy and Oil — but nontheless it should be a priority topic for investors and U.S. tax payers…

Hidden in today’s headlines was a…

31Jul2008 | Energy and Oil | 0 comments | Continued

WHAT MAKES THE WHEELS ON THE BUS GO ‘ROUND AND ‘ROUND?

Imagine a municipal bus that’s powered by an electric motor, crawling along the crowded streets of Beijing. What does this bus have in common with the Ronald Reagan Presidential Library, in Simi Valley, California?

Or imagine offshore oil production platforms in the…

31Jul2008 | Daily Reckoning | 0 comments | Continued

Every Party Has a Pooper…

Last week, a headline in Canada’s Globe and Mail spoke of a miracle.

“Record crude prices force US oil company into Chapter 11.” We read the headline twice. It was no mistake. Even with the sunniest skies in the oil industry…

31Jul2008 | Daily Reckoning | 0 comments | Continued

The Five Best Ways to Invest in Gold Today

When times are tough, gold soars.

And frankly, the economy has been tough: $4 gasoline, the housing crisis, rampant inflation, plummeting stocks…

But all the while, gold prices vaulted a cool 43.25% in the past year.

Missing out on gold…

30Jul2008 | Money Morning | 0 comments | Continued

Why French Investments Are Worth Another Look

French investments might have seemed like a bad idea for the first nine months of French President Nicolas Sarkozy’s term. After his election in May 2007, Sarkozy looked like a huge disappointment - unless you REALLY enjoy tabloid stories. He…

30Jul2008 | Money Morning | 0 comments | Continued

Global Investing Roundups

Another Coal Merger; Pickens Denounces Yahoo; Possible UK/Spain Airline Merger; Alcatel-Lucent Ousts Top Brass; Consumer Confidence Climbs from 10-Year Low; Home Prices Continue Collapse; Northrop Grumman Sees Second Quarter Profit Soar; U.S. Steel’s Ironclad Earnings

-Teck Cominco Ltd. (TCK) yesterday (Tuesday) announced…

30Jul2008 | Money Morning | 0 comments | Continued

Financial Independence: How to Make It… How to Spend It

Investment U

At FreedomFest in Las Vegas two weeks ago, conference promoter Mark Skousen invited me to join a panel discussion on financial independence called “Libertarian Millionaires: How to Make It, How to Spend It, How to Give It Away.”

My fellow panelists…

30Jul2008 | Investment U | 0 comments | Continued

How Much Is The Price Of Gas Affecting You?

Check out the map below, it shows estimated monthly fuel costs as a percentage of household income:

United States map gas prices
Source: Oil price Information Service/Wright Express, USA TODAY

For the most part a map is a map is a map. But the reason that this…

30Jul2008 | Energy and Oil | 0 comments | Continued

Investing in Gold

Waiting for Gold’s Next Rally

Last week we saw a bounce in the stock market that threatened to send the price of gold down to the $920 mark. After a lightening advance celebrating the approval of the quasi-nationalization of America’s too-big-to-fail…

30Jul2008 | Whiskey and Gunpowder | 0 comments | Continued

Market Cycles Never Cease

It’s 3 a.m. Aymer Vinoy Laughner, son of an oil baron and savvy businessman, entertains various well-to-do friends and celebrities at his St. Petersburg, Fla., home. Among them is Walter Hagan, the celebrated golf pro of the 1920s, and Gene…

30Jul2008 | Daily Reckoning | 0 comments | Continued

Global Investing Roundups

Verizon Helped by Wireless Sales; Kraft Produces Profit; Raytheon Teams with NASA; Ryanair Crashes and Burns; Dow Dives 240 points; Oil Rallies on Political Tension; White House Lowers Growth Estimate; Amgen Profit Slides

-Verizon Communications Inc. (VZ) reported strong quarterly profit boosted…

29Jul2008 | Money Morning | 0 comments | Continued

LBO Pioneer KKR Goes Public

Private-equity firm Kohlberg Kravis Roberts & Co. plans to go public by year-end as part of its plan to bail out the company’s struggling Euronext-listed investment fund.

KKR Private Equity Investors (PINK: KPEQF), which has lost 40% of its value year-to-date…

29Jul2008 | Money Morning | 0 comments | Continued

Congress Mortgages the Economy’s Future to Save Fannie Mae and Freddie Mac

With President Bush no longer threatening a veto, the subprime mortgage and Fannie Mae (FNM) and Freddie Mac (FRE) “bailout” bill sailed through Congress. In anticipation of its enactment, Congress had the foresight to raise the national debt limit to $10.6 trillion.…

29Jul2008 | Money Morning | 0 comments | Continued

Obama and McCain Shift Focus to U.S. Economy

Now that presidential hopeful Barack Obama has returned from a tour of the Middle East and Europe, he and his Republican rival, John McCain, are squaring off on the status of the U.S. economy, which has become the most pervasive domestic…

29Jul2008 | Money Morning | 0 comments | Continued

Why Doing Nothing is the Right Investment Strategy

Nobody likes watching the stock price of a great company in their portfolio sink into the sunset. But with the market’s ongoing case of indigestion, that’s exactly what’s happening.

So what can you do?

Well, the other night - as my family…

29Jul2008 | Investment U | 0 comments | Continued

The One Small-Cap Transportation Stock Worth Looking Into

A Key Player In The Future of Public Transportation

As oil prices continue to rise worldwide, cities and communities have to take another look at how citizens are getting where they need to go. One point has become abundantly clear: public…

29Jul2008 | The Penny Sleuth | 0 comments | Continued