About 30 years ago, I was in charge of a billion dollar business that was largely involved with a commodity, plastic. We were the world’s leading producer of this plastic, making over two billion pounds a year. In order to cut costs, the business was integrated back to its basic raw materials that came right [...]
Click image to enlarge You have probably heard the story about the guy who was called in by the IRS to have his tax return audited. When he showed up at the IRS’s office, he carried two large shopping bags of check stubs, receipts and stuff and dumped them on the auditor’s desk. [...]
Last week, I introduced you to the "The Truth Chart." This chart provides an array of the eight possible combinations of earnings, inflation and interest rates which may exist in Bull and Bear markets. We used it last week to chronicle the rise and fall of the market from January 1995 to the present time. [...]
Geopolitical concerns have dominated investor's attention for the last few months, causing stock prices to wither and, more recently, soar on expectations of a quick victory in Iraq. The primary benefit of an easy win over Iraq is that it would eliminate a major factor inflicting pain on the market. Unfortunately, it will not solve [...]
