19 hours agoColombia Elects Its First Leftist President, Which Is Bad News For Oil And GasLatin America tilted further left last week as Colombian voters elected to send Gustavo Petro to the country’s presidential palace. Come August, the former Bogotá mayor and former member of the violent M-19 guerrilla organization will join the region’s growing list of leftist leaders in a political shift some are…Colombia6 min read
6 days agoGold Has Held Up Nicely Against A Strong Dollar And Surging Bond YieldsWe’re almost halfway through 2022, and so far gold has been the big winner after oil, coal and other commodities. The yellow metal has managed to stay positive since the start of the year, skirting pressure from surging yields and a strong U.S. dollar. …Gold3 min read
Jun 16Everything You Wanted To Know About Bear MarketsLeo Tolstoy’s Anna Karenina opens with one of the most famous lines in world literature: “All happy families are alike, but every unhappy family is unhappy in its own way.” Similarly, we can say that all bull markets are alike, but every bear market has its own unique quirks. As…Bear Market4 min read
Jun 13If A Recession Is Imminent, Consider Gold And BitcoinThere’s no way of knowing for certain whether a recession is imminent, but for many Americans, it’s sure starting to feel that way. According to Google, more people in the U.S. searched for the term “recession” than at any other time in the past two years.Inflation4 min read
Jun 8Global Luxury Sales Expected To Recover As Shanghai Ends LockdownShanghai, the Chinese commercial hub with 26 million residents, ended its two-month citywide pandemic lockdown last week, a sign that the world’s second largest economy may be ready to return to business-as-usual. …China4 min read
Jun 6High Fuel Costs Are A Cautionary Tale Against Extreme Climate PoliciesGas prices continued to hit fresh record highs in the U.S. last week, just ahead of the busy summer travel season. Higher fuel costs make an impact on every part of the economy, from commuters to families planning their summer road trip to companies shipping goods. It’s not all doom…Oil4 min read
May 31With Summer Upon Us, These Are My Top 3 Airline Stock PicksSummer is upon us, and traditionally that’s when families pack their bags and get away for a well-deserved vacation. …Airlines5 min read
May 26Texas Is Now Home To More Fortune 500 Companies Than Any Other State, And I’m Not SurprisedTexas now leads the nation in the number of Fortune 500 companies that are headquartered in the state, it was revealed this week. As many as 53 highly profitable businesses — from Exxon Mobil to AT&T to the recently relocated Tesla and Hewlett Packard Enterprise — choose to hang their…Texas4 min read
May 23Worried About Inflation? Here’s What Investments Worked In The 1970sInflation continues to hover above an annual rate of 8%, with prices for gasoline, natural gas, food and used vehicles rising the most. …Inflations5 min read
May 16Bitcoin Is Marked Down As Crypto Winter Wipes Out Billions In Market ValueSome of you may remember the “crypto winter” of 2018. Bitcoin crashed 25% in January of that year, while Ether saw three straight months of double-digit losses. Even though we’re entering the summer months, we may remember last week as another great crypto winter. The entire digital ecosystem fell under…Bitcoin5 min read