Commodity Debate

Posted by Joseph Y. Calhoun, III

The latest issue of Forbes has an interesting article highlighting the debate about the future course of commodity prices between Jim Rogers and Stephen Roach:
While the Dow Jones booms, commodities like oil and gas swoon. Jim Rogers, the man who called the raw materials rise years ago, is upping his bets. Economist Stephen Roach thinks [...]

They Couldn’t Hang Him

Posted by Joseph Y. Calhoun, III

Jeffrey Skilling, former Enron CEO was sentenced today:
HOUSTON (AP) — Former Enron Chief Executive Officer Jeffrey Skilling, the most vilified figure from the financial scandal of the decade, was sentenced Monday to 24 years and four months in the harshest sentence yet in the case that arose from the energy trading giant’s collapse.
I don’t think [...]

Barron’s on the Election

Posted by Joseph Y. Calhoun, III

This past weekend’s Barron’s cover article makes the prediction that the Republican’s will hold their majority in the House and the Senate:
JUBILANT DEMOCRATS SHOULD RECONSIDER their order for confetti and noisemakers. The Democrats, as widely reported, are expecting GOP-weary voters to flock to the polls in two weeks and hand them control of the House [...]

Divided Government

Posted by Joseph Y. Calhoun, III

MSN Money has an article today called “An investment Guide to the MidTerm Elections” which addresses my comment from a recent post that investors were probably hoping for a Democratic takeover of Congress because they perceive divided government as good for the market:
Forget politics. Before you cast your ballot in November, think how it will [...]