The Obama administration and the US Congress are laying the foundations for high inflation when the economy eventually recovers from the recession. US equity investors should be ready for the effect that a rapidly devaluating currency may have on earnings-per-shares and price-earnings ratios. How inflation increases corporate taxes Companies with fixed assets […]

An important lesson of the current economic crisis should be that it is not always wise to depend on rating agencies and commercial providers of financial data to do investment research for you. Standard & Poor’s, Moodys, Bloomberg, Fitch, Thompson, and Morningstar: That’s pretty much the list of companies that deliver financial information […]

The fourth quarter of 2008 is known for the international banking crisis which will lead to dramatic changes in financial regulation and to massive de-leveraging of institutions. Generally overlooked in the current analyses, however, are indications that the stock buyback era that began in the early 1980s, has finally come to a sudden and […]