Platform Advisors Founder Adam Michael searches the globe for oil and gas discovery stories with established cash flows that support share value in reasonably secure political environments. In this exclusive interview with The Energy Report, Adam reveals some names from his own portfolio holdings that he believes could generate considerable upside production growth . . . → Read More: Adam Michael: Base Stock Evaluation on $90 Oil
Tom Clougherty, on the Independent Commission on Banking’s recent proposals:
I hope this isn’t the case, but if it is, it probably suggests a far more radical regulatory approach than the Independent Commission on Banking has considered. It might even point in the direction of ‘narrow’ or ‘limited purpose’ banking, which would involve imposing . . . → Read More: Worst of Both Worlds
At 8:30 AM EDT, the preliminary GDP report for the first quarter of 2011 will be announced. The consensus is an increase of 2.1% in real GDP and an increase of 1.9% in the GDP price index. The real GDP estimate is 0.3% higher than the advance value for the first quarter of 2011, and the . . . → Read More: Economic Events on May 26, 2011
Economic cycles, like weather, run in seasons. Longwave Group Founder Ian Gordon explains why he believes the world economy is in the “winter” portion of an approximate 80-year cycle and how the financial excesses of the past 60 years are now being wrung out of the system. Ian also explains how investors can . . . → Read More: Ian Gordon: Gold Stocks Offer Protection from Financial Storm
Sam Bowman proposes some IP reform:
What would evidence-driven copyright law look like? (I won’t discuss patents here, although this argument should roughly apply to patents as well as copyright.) The length should be determined by looking at earnings distributions for things like music and books, and cut the copyright protection period to only . . . → Read More: A Decent Half-Measure
The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 1.5% in the Purchase Index and a week to week increase of 0.9% in the Refinance Index.
At 8:30 AM EDT, the Durable Goods Orders report for April will be released. The consensus . . . → Read More: Economic Events on May 25, 2011
It’s time to liquidate some assets:
“The United States may have run up a huge debt, but it is not a poor country…,” the Washington Post announced on Monday as Our Rulers hit their credit-limit. “The federal government owns roughly 650 million acres of land, close to a third of the nation’s total land . . . → Read More: Why Not?
One of the reasons that I have always had a problem with Goldman Sachs’ infamous notion of the BRIC economies was not the fact that it excluded other important economies such as e.g Chile or Indonesia, but rather that Brazil, India, Russia and China never belonged in the same group. The reason . . . → Read More: Russian Demographics – Something Stirring in the East?
Global Resource Investments Founder Rick Rule likes to look for unpopular investments because that usually means the prices are cheap. Today, that means oil, natural gas, uranium and geothermal. In this Energy Report exclusive excerpt from his talk at the Casey Research Conference in Baton Rouge, Rule explains the global forces that will . . . → Read More: Rick Rule: Oil Will Be Major Economic Driver
At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.
At 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.
At 10:00 AM EDT, the New Home Sales . . . → Read More: Economic Events on May 24, 2011