This week the U.S. Labor Department issued new regulations that mandate your financial advisor to conform to a “fiduciary standard” when recommending investment products for retirement plans.Unlike the previous standard of “suitability”, which only required that a recommended product not be inappropriate for a client, a fiduciary level of… Read More

Oil and gas producers are doing what it takes to endure the downturn. Read More

While the U.S. economy generally appears robust – hiring is up, unemployment is down and wages are rising – corporate profits have been in a drought for two quarters now. So much so that some analysts are saying that we’re in a profit recession. According to data from the Commerce… Read More

With oil and gas prices unsustainably low, the midstream MLPs have seldom been so cheap.   Read More

The fracking wastewater disposal specialist has held up better than the driller MLPs and looks like a less risky bet. Read More

The Fed is getting smarter, cars are getting smarter, and we're getting smarter (and richer!) right along with them. Read More

The sector has had a great run so far this year, despite lackluster fourth-quarter earnings. Read More

Economists could hardly contain their delight upon seeing January’s GDP. Read More

A pivotal scene in “The Big Short” has a skeptic scoffing at a quirky money manager who wants to short the housing market. The manager, Dr. Michael Burry (played by Christian Bale), has found portfolios of mortgages rotten with toxic subprime paper.The U.S. economy is sitting on a massive housing… Read More

For several years the Federal Reserve and other financial titans such as the World Bank and the IMF have been singing, “The Sun Will Come Out Tomorrow,” and then reversing their forecasts when tomorrow arrives. Now when they trot out that tune smart investors hear another song from the musical… Read More