Stop taking investment “advice” from the TV… A retired finance professor “invested” (paper trades) in CNBC host Jim Cramer’s “49 Stocks to Buy Right Now” list. Cramer made the list in April 2015. He said it comprised “stocks that are clearly marked as winners no matter what.” One year later, the results are in… Thirty-three […]
The next U.S. recession just got closer… Zero Hedge reports J.P. Morgan’s chief equity strategist sees U.S. companies’ profit margins contracting across the board. All four profit subcategories are affected: domestic, foreign, financial, and non-financial. As we noted last week, corporate profits as a portion of U.S. gross domestic product (GDP) have been trending down […]
Editor’s Note: Last week PBRG friend—and Agora Inc. founder—Bill Bonner told me his investment publishing empire ran a recent “performance audit.” Out of hundreds of investment analysts, the man with the best-performing track record is Chris Mayer. Over a 10-year span, Chris’ recommendations beat the S&P 500 3-to-1… Today we’re pleased to publish an interview […]
Yesterday longtime PBRG friend (and brilliant stock picker) Chris Mayer explained how to invest in a deflationary environment. Today he shares how to invest in the inflationary world that will follow… From Chris Mayer, chief analyst, Bonner & Partners: The late Barton Biggs—author, hedge fund manager, and former Morgan Stanley analyst—described inflation and deflation as […]
“Helicopter Ben” Bernanke is embracing his nickname… The former Federal Reserve chair just advocated “helicopter money” on his blog. It’s a radical stimulus approach. Central banks print billions of new dollars then “drop” them on an economy. Right now the Fed’s new money must go through the banking system. But if bank lending is weak, […]
For more insight on how to stay safe and profitable in a deflationary “chill,” we turn to longtime PBRG friend Chris Mayer…
A radical test of the cashless future is coming to Japan this summer… The Japan News reports foreign tourists will use their fingerprints to buy goods and check in to hotels in Japan. Three hundred entities in the country’s favorite tourist destinations—including shops, restaurants, and hotels—will participate. If successful, the government hopes to roll out […]