Category: Finance

Green shoots…. withered

When the financial crisis was just starting to resolve, some economic data points began to look less bad and a few even looked good. Ben Bernanke called these “green shoots”, suggesting new growth. At the time, concern levels were high…

Behavioral biases and investing

The New York Times published a great piece by Nobel prize winner Robert Shiller (economist and professor at Yale). Shiller identifies several behavioral biases that confound making any short term market predictions. As it pertains to the present, the Fed…

Dr. Copper (follow up)

Serendipitously, just after I wrote my last post on copper and commodity prices (see here), I saw an article on the same topic by Ambrose Evans-Pritchard. AEP is the international business editor of The Daily Telegraph. He writes about a…

Dr. Copper

Copper is a ubiquitous industrial metal used in the production of everything from plumbing to construction materials to electrical wiring. As it pertains to equity markets, copper has been referred to by Wall Street as “Dr. Copper.”  The term implies that…

Rising inventories – a potential concern?

Various economic data points catch my eye. One of these is the inventory to sales ratio. The current inventory to sales ratio is potentially concerning. As businesses operate, they anticipate future sales and buy inventory accordingly. High inventories are potentially worrisome for…