Inflation Stays Tame in November
Today’s update on consumer prices for November provides no cover for analysts expecting higher inflation to burst out any day now. Consumer inflation rose a mere... Read »
Knowledge Capital Writedown: Wind Turbines
On the front page of the NYT this morning, Keith Bradsher gives a perfect example of a knowledge capital writedown, in his story about wind turbine technology... Read »
Accumulating Foreign Reserves: Private or Public?
The global imbalances that we have witnessed over the last years have led to significant changes in the net investment position of some countries. Those with persistent... Read »
Joy Global: Solid Results, Good Outlook
With Bucyrus (BUCY) off the market, Joy Global (JOYG) is the last man standing among the major mining equipment makers. Joy Global Inc. is a worldwide leader in... Read »
Fed Watch: Turning Tide
For the past three years, it has paid to bet on the pessimistic side of the outlook. For the past few months, I have privately fretted that this bet would soon... Read »
Growth & Income: IDEX Corporation
IDEX Corporation (IEX) recently delivered its sixth consecutive positive earnings surprise on strong sales growth and an expanding operating margin. The company... Read »
Value Play: Genesco (GCO)
Consumers continue to look for easy ways to update their wardrobes and one of those ways is through accessories. Genesco Inc. (GCO), a specialty shoe and hat retailer,... Read »
Bear of the Day: Manitowoc, Inc. (MTW)
Manitowoc Inc.’s (MTW) crane segment, which forms the backbone of its entire business, has been delivering poor results since 2009, due to lower demands in... Read »
Bull of the Day: CACI International (CACI)
CACI International (CACI) provides critical IT infrastructure for the Department of Defense and the Department of Homeland Security. Earnings estimates for fiscal... Read »
The Tech Boom is Showing Up in the Nasdaq
I have been writing about the tech boom that is emerging in Silicon Valley. Beyond the anecdotes, the boom is showing up in indexes of private company valuations... Read »






