Lost in the wake of last week’s market excitement was this article in the Wall Street Journal [$] detailing the REIT industry’s effort to persuade investors to allocate more real estate investment dollars in the public market via REITs. REIT supporters lament the possibility of losing capital to private equity firms under false assumptions that [...]
This week, Barron’s interviews Ian Bremmer [$] of the Eurasia Group, with the main theme being the fundamental incompatibility between (pseudo) market capitalism (U.S.) and state capitalism (China) and the possible fall-out due to friction between the two models. Bremmer’s musings continue a seeming trend in which economists and historians, most notably, Niall Ferguson, see [...]
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 [...]
The Dogs of the Dow strategy seems to be a popular topic as Barron’s ran a feature article on the 2010 batch a few days after I ran this screen for premium members. Readers can find some useful background and historical results information from the Barron’s site [$]. The Dogs of the Dow is a [...]
The folks at Legg Mason must have some pull as Bill Miller features are making the rounds this week: Bloomberg: Legg Mason’s Miller Helps Win Clients as Returns Rise Barron’s: It’s Miller Time The Barron’s article, in particular, seemed embarrassingly gushy for a manager who ranks in the 99th percentile for fund managers over 3 [...]
Today’s Wall Street Journal has no less than three articles spotlighting gold’s brief ascent to the $1,000 level. More accurately, the three articles explicitly and implicitly suggest investors stay away from the yellow metal: Taking Down the Golden Barrickades [$] Gold Loses Barrick Benefit — After a Buying Spree, Firm Ends Its Hedging Program [$] Technically [...]
