Season’s Greetings!

Thank you very much for reading My Money Blog this year. It’s now been over 10 years… where has the time gone! I still look forward to learning and sharing something new every day. Here’s hoping that you are happy, healthy, and moving ever closer toward your goals. Remember…

Late Day Sellers Spoil Rally

An afternoon bout of selling dampened the day as gains were wiped out by the close.  A quiet session as stocks rose slowly for much of the day.  It wasn’t until the close to where we saw a big seller whack the market lower.  Crude prices fell on the session …

Saudi Arabia Ready For $20, $30, $40 Oil

Brent crude and West Texas Intermediate (WTI) fell 2 and 3.3 percent respectively to start the week and Saudi Arabia is prepared to go much lower in a bid to trim the fat. Oil Minister Ali al-Naimi said as much in an interview with the Middle East Economic Survey on Monday. …

Piketty’s (unintended) advice for investors

In macroeconomics, this has indisputably been the year of Thomas Piketty. Rarely, if ever, has a single book so profoundly influenced the public discourse on a central topic, the inequality of wealth and income in the developed economies over many centuries. In an age of tweets and sound bites, the …

GBP/JPY Ascending Triangle Trade

The pair has been consolidating over the past 6 weeks while forming a chart pattern that looks to break to the downside in a continuation with the long term trend. Following the sharp deprecation in the price of the pair during the month of May, the GBP/JPY has consolidated its…

2 Stocks With The Wind At Their Back

Morris Mark: We run two interrelated investment disciplines: a group of investment partnerships that we started about 29 years ago and an investment management, long-only separate account business. While the partnerships have more flexibility and can do some shorting, both of them have a core investment approach, which is to …

In search of lost time: Why is everyone so busy?

UK Only Article: standard article Issue: Past and future tense Fly Title: In search of lost time Rubric: Time poverty is a problem partly of perception and partly of distribution Main image: 20141220_TAP001_0.jpg THE predictions sounded like promises: in the future, working hours would be short and vacations …

Russia, Oil, China and the Dollar

By Marc Chandler As the year winds down, a Gordian knot tying Russia, oil prices and China together is receiving a great deal of attention.  Let’s see if we can unravel some of the confusing twists and turns. We turn first to China’s offer of assistance to Russia.  …