Category Archives: Investing

Labor Saving Technologies and the Demise of the Working Class

Introduction The US economy is growing at a healthy pace and unemployment is low. But behind these healthy signs, a large portion of the working class is not doing well. These problems are highlighted in a new study co-authored by … Continue reading

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The Growing Global Threat of Labor-Saving Automation

Background There is a sense, perpetrated by the American President and others, that US job losses are primarily the result of Chinese currency manipulations and its low-cost labor. Certainly some US jobs were lost that way. But as I and … Continue reading

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US Equities Are Very Expensive: Is It Time to Consider Other Countries?

Introduction US stock markets have been increasing rapidly for some time. And with the S&P 500 price/earnings ratio now over 21, it is worth asking if there are other equity markets to consider for investments. As I have noted, trying … Continue reading

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Speculation on Trump and the Future of the Democratic Party

Introduction As I have noted, the election was a real wakeup call for the Democratic Party: its message to the working class, their traditional support base, did not sell. To address what the party should do going forward, I have … Continue reading

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Selling Wine and Investment Advice: The Same Methods Are Used

Introduction In writing on wine and finance, I notice a lot of similarities. Most people cannot tell the difference between expensive and inexpensive wines, but the retailers use “descriptors” to convince them to buy. And while there are no investments … Continue reading

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Investing 101 – Learning The Hard Way

Introduction I used to indulge myself by thinking I could pick stocks that would outperform the market. And sure, I did pick a few winners. Winners?? How quickly we forget the losers…. I then read Paul Samuelson and Burton Malkiel … Continue reading

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Recent News From Xinyuan Real Estate Not Good, BUT….

Introduction Xinyuan (XIN) announced its third quarter results last week and they were not good. Following the announcement, some continue to support the company while others do not. To get a balanced and current view of the company, I read … Continue reading

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Burgeoning Global Capital Flows Mean Traditional Stock Market and Currency Norms No Longer Apply

Introduction The law of supply and demand ultimately determines the prices of goods/services. And this holds for stock markets “prices” and currencies. Foreign demand for both US equities and dollars continues to grow. This growing demand has implications for commonly … Continue reading

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Norman Rockwell Made a Fortune: But He Could Have Made More

The following was saved the old Morss Global Finance website, just in case anyone was looking for it (with the help of archive.org): Introduction From very early on, Norman Rockwell wanted to be an artist. At 14, he took classes … Continue reading

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Picking Stocks – Validea Offers a Refreshingly Different Approach

Introduction It is well documented that picking individual stocks is not a good bet.[1] Market prices do a pretty good job at reflecting all available information, and when new information becomes available, you are not likely to be able to … Continue reading

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