The Cap-Ex Picture Looks A Lot Like Late Cycle Behavior

2019-06-16

Investors would benefit from following companies and doing as corporations do: increase spending (buying stocks) when corporations do so, reduce spending (buying stocks) when corporations do so. In this article, I’ll show why it pays to be cautious as companies are spending less and less on their own growth becauseRead More →

Why Bond Yields Are Likely Going (A Lot) Lower

2019-05-29

Bad news, bond bears. If you’re still hoping/wishing/praying that U.S. Treasury yields fly north of 4% (like many process-less Old Wall pundits were predicting last summer) we wish you well. It is unlikely investors will see these levels anytime soon, so long as global sovereign yields continue to sink. HedgeyeRead More →

So Why Is The U.S. Suddenly Buying A Lot More Saudi Oil?

2018-09-12

OPEC Boosting Oil Production For some months now, OPEC has been boosting production to help relieve concerns about high oil prices amid expected supply losses from Venezuela and Iran. The cartel’s largest producer and exporter, Saudi Arabia, has been specifically targeting a growth in crude oil exports to their mostRead More →