Josh Young: Forget Commodity Prices; Invest in Undervalued Companies

Oil and gas prices may go up or down, but that doesn’t bother Josh Young, portfolio manager and founder of Young Capital Management. In this exclusive interview with The Energy Report, he tells us why his key to finding potential winners in the oil and gas (O&G) business is based on finding stocks . . . → Read More: Josh Young: Forget Commodity Prices; Invest in Undervalued Companies

Five More Days

With the doomsday clock showing that America is five days away from the Economic Apocalypse™, I can’t help but wish that Boehner finally grows a pair and stands up against any proposed increases in the federal debt ceiling. I’ve noted multiple times before how an increase in federal debt is a horrible, horrible idea, . . . → Read More: Five More Days

When good policy is defunded

Oh man, this is bad. I mean, really bad. Like one of the worst ideas to flow out of Harrisburg in a long long time.   For those who follow these things, it remains true that Pennsylvania has fared at least relatively well (or how about ‘less bad’) in the vast foreclosure crisis that hit most everywhere in . . . → Read More: When good policy is defunded

Economic Events on July 29, 2011

At 8:30 AM EDT, the advance GDP report for the second quarter of 2011 will be announced.  The consensus is an increase of 1.9% in real GDP and an increase of 2.0% in the GDP price index.  The real GDP estimate is the same as the final value for the first quarter of 2011, and the . . . → Read More: Economic Events on July 29, 2011

11 Intelligent Ways To Save on Textbooks Without The Bookstore

Textbook prices tend to rise at four times the rate of inflation for an average of $900 per year. It doesn’t take a college education to figure out there are alternatives to traditional outlets, but incoming freshmen don’t always know the ropes. Here are 11 ways to save this fall — none of which . . . → Read More: 11 Intelligent Ways To Save on Textbooks Without The Bookstore

John Williams: Debt Limit Debate Sign of Deeper Dysfunction

ShadowStats Editor John Williams advises legislators to stop fooling around with the country’s credit rating. Regardless of the deal reached, he predicts that the Treasury and Fed will continue to print money to meet obligations and add liquidity to the economy. In this exclusive interview with The Gold Report, he explains how that . . . → Read More: John Williams: Debt Limit Debate Sign of Deeper Dysfunction

The Hmm Economy

Remember, the June news on jobs is relatively bleak for Pennsylvania, as it is for most other states, and even for the nation as a whole.  What is up locally?  Here is the net change in jobs between May and June in each of the last 21 years:

So if you look at the . . . → Read More: The Hmm Economy

Economic Events on July 28, 2011

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 425,000 new jobless claims last week, which would would be 7,000 more than the previous week.

Also at 9:45 AM EDT, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on . . . → Read More: Economic Events on July 28, 2011

Luisa Moreno: Top REE Stock Picks

As uncommon as they may be, rare earth elements are all around you—in your laptop, your cell phone and your flat-screen television. But despite their frequency in our everyday lives, investors still have a lot of false preconceptions about these 16 elements. In this exclusive interview with The Critical Metals Report, Luisa Moreno, . . . → Read More: Luisa Moreno: Top REE Stock Picks

Basis Points

The city of Pittsburgh is refinancing some bonds. Blah, blah.  Fitch has rated the bonds that will hit the market today or tomorrow.   Given low interest rates, it is the type of thing they should at least be considering so no big deal in itself.  Still, Infy seems to be casting some aspersions . . . → Read More: Basis Points