SKARBECK: Global economy extends beyond usual suspects
the global economy extends to many regions and countries that, while smaller in economic stature, are often overlooked.
Investing Column
Articles
SKARBECK: Getting out of a hole requires digging by all
We live in a fantasy world if everyone thinks we need to cut back on spending unless it affects them.
SKARBECK: Businessws with ‘moats’ more likely to succeed
In economic terms, consider a business that has a “sustainable competitive advantage” that serves as a moat against the competition. A business that can stave off the competition is likely to produce attractive profits.
SKARBECK: Lackluster market forecast favors large U.S. stocks
One thing that does stand out is that, on balance, these returns are not exactly going to get investors to sit up and get excited.
SKARBECK: Finding a bright spot in dismal housing news
One analyst even declared that, relative to disposable income, housing is more undervalued than at any time in the last 35 years. So it is an attractive time to buy a house if you plan to be a long-term owner.
SKARBECK: Debt-ceiling issue has no easy solutions
The public must understand that the arguing in Washington over raising of the debt ceiling is just political posturing.
SKARBECK: Microsoft stuck in 1990s when acquiring companies
Microsoft Corp.’s acquisition of Skype for $8.5 billion, announced May 10, continues a long history of a lack of price discipline in Silicon Valley.
SKARBECK: Getting a banker’s thoughts on financial reform efforts
Dimon believes boards and regulators “are more attentive to risk” now—a duty that was sadly trumped by greed and indifference in the years leading up to the credit crisis.
SKARBECK: Inflation a growing concern beyond the United States
when it comes to global inflation, all eyes are on China, where a rapid rise in prices is causing concern.
SKARBECK: Look beyond gold for inflation hedges
gold has been in a 10-year bull market, so today’s investors aren’t exactly discovering the metal at cheap prices.
SKARBECK: Inflation worries growing, and for good reasons
As much as Federal Reserve Chairman Ben Bernanke would like to think he can pull in the reins at the right moment, the beast of inflation is difficult to control.
SKARBECK: Fed’s monetary policies drag down bond returns
Inflation is a sinister sort of tax that confiscates wealth. Bonds will lose value in an inflationary environment as interest rates rise.
HAUKE: When others panic, think about investing
It is at times like this that it pays to have a little historical perspective, a touch of experience and a steady demeanor.
SKARBECK: Japan’s rebuilding effort offers bargain opportunities
Economically, the next couple of quarters will be tough for Japanese citizens. But we wouldn’t bet against their resolve to rebuild their country.
HAUKE: Oil prices a problem that could burst bubble
We know that, combined with all the other factors, a 25-percent jump in energy prices is something to be at least a little concerned about.
SKARBECK: Reaching too far for yields may have consequences
Investors eager to capture return are frequently attracted to investments that offer high yields. But before leaping into them, they should remember the useful idiom: “There is no free lunch.”
HAUKE: Unrest around the world has roots in one thing
Just about every country in the world, with the exception of Australia, is strapped for cash.
HAUKE: Now may not be best time for emerging markets
Emerging market stocks have underperformed U.S.-based stocks for almost 18 months now, and the signs don’t look that good going forward.
SKARBECK: If consultants take over, ownership is relinquished
Unfortunately, there are numerous examples of mishap when the investment decision-making process is farmed out.
HAUKE: Long-term market outlook stronger than short term
I have been right about this general bull market since July 2009 and I was right when I told people to stay invested last spring. Today, however, I am at a bit of a crossroads.