Seems like the 1970s all over again. OPEC ministers meeting in Algiers cut a deal to limit production starting in November. The last time OPEC showed this kind of discipline, Jimmy Carter was president and Donald Trump was still partying at Studio 54. Crude oil prices rallied nearly 4%… Read More

We’ve already hit paydirt twice this year by using history to time our buys; could we go 3-for-3? Read More

We know a lot more about investing than we did 30 years ago.   I’m not talking about supercomputers, sophisticated algorithms or breaking down “big data.” No, the calculations that we’ve learned more about happen inside each investor’s mind.   Neuroscience and psychology have taught us that human beings aren’t… Read More

Tonight’s presidential debate is expected to garner a Super Bowl-sized television audience – as it should. Our economy remains fragile, and we’re all hoping some new leadership will kick start our economy – and our investments.But sadly, tonight’s show will not only rival a major sports event in viewership, it’s… Read More

Various initiatives are underway to revive the nuclear power industry, which could make some electric utilities excellent long-term investments. Read More

Despite recent turmoil in the space, consumers continue to spend. Read More

Have you ever been to a movie that’s been hyped for months … and then it’s a dud? I have. That’s what this week felt like for U.S. stocks. The buildup to the Federal Reserve’s announcement (and several other key economic and earnings reports*) turned out to be much… Read More

When a major fuel line sprang a leak some pumps in the South ran out of gas and prices jumped. We can’t get by without this vital infrastructure. Read More

I’ll give this to the Federal Reserve, it is independent. The Fed turned a deaf ear to a growing chorus of economists and Wall Street analysts saying that the economy can withstand a modest uptick in short-term interest rates, and it didn’t feel compelled to raise rates this week.  Instead… Read More

Bravo, Fed.It was a clever bit of acting this week by Federal Reserve Chair Janet Yellen and her troupe of governors that would convince us a return to normal, higher rates is almost at hand.But by now income investors should recognize that backstage the Fed is clinging to low rates as the… Read More