Stock Screen: Analyst Darlings

By this time, readers should be well-acquainted with my utter disdain for mainstream chatter and the pundits who peddle it. Yet it is also important not to let inherent biases blind us to opportunities. Even as I despise Wall Street and their endless, self-serving babble, analysts can be useful. This week’s screen is based on [...]

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Inflation Is Dead. Long Live Inflation. Or Deflation

Last week’s inflation numbers sparked a series of posts and articles commenting on the matter with the proclamation that inflation is nowhere in sight: Buying [Treasuries] on the Death of Inflation (WSJ) Inflation Issuance Hits Record $200 Billion; Predictably Wrong Hyperinflation Calls; Ducks in a Row (Mish’s blog) While these two articles seem to share [...]

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All Things, Including Duopolies, Must Pass

Yesterday’s Wall Street Journal carried a piece detailing the possible threat to the aerospace duopoly of Boeing (BA) and its fierce European rival, Airbus. While a Detroit/Big-3 type fall is hardly the immediate fate for these two companies, companies like Bombardier and others are successfully moving into the market for smaller aircraft. The current dynamics [...]

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Oil Majors Scraping For Barrels At the Bottom of The Ocean

Following up on the last post regarding peak oil and the demise of easy oil, today’s Wall Street Journal has several articles spotlighting the plight of oil majors: BP Taps Deep Water To Grow BP Sambas Up with Devon Deal Exxon Output Gains Pose Risks to Margin While the details differ, the general theme remains [...]

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Peak Oil = No More Easy Barrels

Many people have a misconception behind the basic premise of peak oil — they think it postulates that the world is running out of oil. Of course, the peak oil theory does not postulate that the world will soon have no oil. The world will always have oil. Peak oil relates specifically to our ability [...]

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When Old Stand-Bys Fail

Yesterday’s Wall Street Journal carried a good article questioning the status of the Baltic Dry Index (BDI) as a barometer of global economic health. The theory goes that dry bulk shipping rates are a good indicator of demand for materials. As the article points out, shipping rates can also be affected by a supply glut [...]

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