ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
This is an excerpt from an article I originally published on Seeking Alpha on December 28, 2011. Click here to read the entire piece.) The Federal Reserve’s second phase of quantitative easing (QE2) is slowly becoming a distant memory…{snip} The stark contrast between winning and losing stocks (S&P 500 index versus many commodity stocks) leaves … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) In Tuesday’s statement on monetary policy, the Federal Reserve decided to reassure markets that interest rates are likely to stay at “exceptionally low levels” at least through the middle of 2013…{snip}…This dramatic change in the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) In July, I used ideas from Jeremy Grantham to lay out a case for taking advantage of a coming “commodities crash” to invest in and prepare for a future resource-constrained world: “Preparing for Profits in … Read more
The massive and historic floods in Australia have driven coal prices up. This is particularly important for steel since Australia exports 2/3 of the world’s coal used for making steel (coking coal). Steelmakers have already been struggling with increasing input costs, so the Australian floods are sure to pinch profits further. At the close of … Read more