Monthly Archives: October 2018

After Nine Year Bull Market Pensions are Still Underfunded

A nine year stock bull market doesn’t seem to be enough to encourage CEOs to bring pension funds up to breakeven points. Instead they’ve poured record amounts into stock buybacks. — Read on www.marketwatch.com/story/5-companies-that-spent-lavishly-on-stock-buybacks-while-pension-funding-lagged-2018-10-20

Wall Street Fears 50% Stock Drop Could Reach Scary “Fair Value” Level

This October is bringing with it a lot of scary stuff, and Halloween isn’t even here yet. Wall Street is starting to issue dire warnings that a significant stock market correction of 50% could reduce equity values back down to…get this… historic “fair value” averages. Because of this, we may have a real “Trick-or-Treat” market […]

Emerging Markets’ Oil Shock is Here

Brent crude recently hit $85 a barrel on its way higher, possibly towards $100, a level some analysts expect by the end of the year. Although it is still a long way from the 2008 record of $147.50, prices in emerging market currencies, which have strongly devalued against the US dollar, are already exceeding the […]