Update on recent Iranigans

Loyal readers of the blog know that last fall I was tracking very closely Iran’s nuclear power and weapons ambitions.  I believed very strongly that there was a possibility for a hot war to emerge in the Persian Gulf.  Instead a cold war seemed to be the course...

Acquisitions pace is picking up

As evidence that many of the fears running (like Chicken Little) rampant through the financial markets are overblown, many acquisitions are being announced.  Unlike professional money managers, or individual investors, both of whom are prone to skittishness, these...

Fear of fear is generating fear

Open question to investors: What’re you doing liquidating U.S. stocks and going to cash? Open rebuttal to such thinking: You invest because you want to first, preserve capital, but second and more powerful, you want to make money.  Where else besides the U.S....

Little GDP growth in Eurozone

Good morning everyone! First quarter gross domestic product numbers for the eurozone are out.  By the way, over the last several weeks I have been throwing around the terms European Union and eurozone without discussing the difference.  The eurozone is the collection...

"Take that financial markets!" – the EU & IMF

Very, very early Monday morning in Europe, the EU in conjunction with the IMF announced a massive financial bailout package that is comparable in size to the U.S. TARP funds of the last recession.  Specifically, the components of the EU plan are as follows: 440...