This has become a regular theme in the 2016 political cycle. And it was a famous line uttered by fictional network news anchorman, Howard Beale (the late Peter Finch) in the 1976 motion picture, Network. This is not only a theme with the electorate, but it also seems to be working its way into the…
Month: April 2016
“What is at risk if Doha oil freeze deal fails?”
I’d say, ‘not much’. Of course, that depends on who you are rooting for: the oil producing countries (many of whom are not our best friends), or the small segment of the S&P 500 (only about 6.8% of the year-end, index market capitalization) engaged in energy production and exploration, or the 93.2% of the S&P…
Beware of Pundits Bearing Wet Blankets, or …
How to take a silk purse and turn it into a sow’s ear in one easy lesson. I give the prize to CNBC … more specifically Bob Pisani and Art Cashin (with runner-up honors going to Barron’s Magazine). This exercise might be especially instructive for kortsession followers with short attention spans. You may have forgotten…