Tag: Investment

FedEx, Transports, Flash Bright Yellow to the Markets

Commentary FedEx, the global delivery and logistics company, withdrew its forward guidance after the market closed on Sept 15.  The share price collapsed by more than 16 percent in after-hours trading.  On Sept. 16, FedEx (FDX) shares opened sharply lower and closed down 21.4 percent by the time the market closed. To give you a…


ESG Is Simply a Socialist Plot by a Group of ‘Corporate Elites,’ Disguised as Free Market: Andy Puzder

Many leftist progressive groups are pushing forward environmental, social, and governance (ESG) standards on companies and investments, claiming that such standards will benefit society. Andy Puzder, a visiting fellow at The Heritage Foundation and author of “The Capitalist Comeback,” warns that ESG is simply socialist ideologies being falsely presented as the free market. In an…


Debt—and Why the Fed Is Trapped

Commentary  The massive debt levels provide the single most significant risk and challenge to the Federal Reserve. It is also why the Fed is desperate to return inflation to low levels, even if it means weaker economic growth. Such was a point previously made by Jerome Powell: “We need to act now, forthrightly, strongly as…



Biden’s Spending Policies Result From ‘Lack of Understanding,’ Maybe Beginning of ‘Inflationary Regime’: Portfolio Manager

Tavi Costa, portfolio manager at Crescat Capital, has criticized the Biden administration’s spending measures, warning that Americans’ inflation woes might have only just begun. During the recent White House celebration of the passage of the “Inflation Reduction Act,” the president defended his government’s massive spending by saying that “we spend, but we pay.” Biden said…


Lithium Prices Surge to Record High, Threatening to Push Up Expensive EV Costs Even Higher

The price of lithium carbonate, the key material used to make electric car batteries, has continued to skyrocket, tripling in the past year. The valuable mineral is mainly processed in communist China, which has a monopoly on the battery market. Lithium carbonate prices in China hit $71,315 a ton on Sept. 16, according to data from…



‘Magic Money’ Is Your Money

If you read no further than this first paragraph, in which I ask the rhetorical question, “Who pays?”—that is to say, who pays for the various Biden administration programs, whether it be student debt forgiveness, the Green New Deal, inflation, aid to Ukraine, or pandemic relief payments?—the answer is always the same: you do. If…


What Are Stocks Worth? A Review After Seven Months

Commentary  Earlier this year, my Epoch Times article of Feb. 5 attempted to estimate the underlying value of stocks and determine the extent to which stocks were over- or undervalued and by how much. In February, the S&P 500 Index was at 4,500. With the corporate bond rate of 3 percent, my analysis showed the fundamental value of the…


What Are Stocks Worth? A Review After 7 Months

Commentary  Earlier this year, my Epoch Times article of Feb. 5 attempted to estimate the underlying value of stocks and determine the extent to which stocks were over- or undervalued and by how much. In February, the S&P 500 Index was at 4,500. With the corporate bond rate of 3 percent, my analysis showed the fundamental value of the…