Tuesday, June 11, 2019

Briefings for the Boardroom: Getting Nabbed for ‘Purpose Washing’

By SIMON CONSTABLE
On paper, nearly every company has a stated purpose, spelled out in a mission statement that used to be generally ignored. Until now. Read more here.
Photo by Erik Witsoe on Unsplash

TheStreet: Elizabeth Warren's Misguided Currency Plan Would Cause Gold Prices to Rally

By SIMON CONSTABLE

Gold investors should love presidential hopeful Elizabeth Warren. 

Her plan to lower the value of the dollar will likely cause inflation, capital flight, and a currency war -- any of which have the potential to boost gold prices. And if all happen together, then bullion will do even better. Read more here.

Monday, June 10, 2019

Featured in Sioux City Journal

Comment from Constable included in an editorial from the Sioux City Journal discussing tariffs on Mexico:
A weaker economy (with slower growth and potentially rising unemployment) will serve to increase the incentives for Mexicans to attempt entering the U.S. in search of work. Or put bluntly, the number of illegal immigrants coming to the U.S. via the open Mexican border will almost certainly increase [...]
Read the original Forbes story on the futility of the U.S. tariff plan for Mexico here.

Mexico City

Forbes: Detroit's Headache -- Car Buyers Don't Seem To Care About Fuel Efficiency

By SIMON CONSTABLE

Do consumers care about fuel-efficiency when buying cars? Probably not, at least when it comes to their pocketbook. 

Car buyers substantially underestimate the savings from reduced fuel costs when making car purchase decisions, according to new research.  As a result, they are willing to pay up far less for the added fuel efficiency than the savings are worth. Read more here.

Forbes: How Elizabeth Warren's Weak-Dollar Plan Will Crash The Stock Market

By SIMON CONSTABLE

Presidential hopeful Elizabeth Warren has a plan for the U.S. currency that will likely kill the stock market.

The problem is that what she proposed, which effectively involves devaluing the greenback, won't be beneficial for investors, an analysis of history shows. Read more here.

Elizabeth Warren
United States Senate, Public domain, 
via Wikimedia Commons

WSJ: What Does It Mean When Investors Say, ‘Sell the Profit’?

By SIMON CONSTABLE

Wall Street is inventive when it comes to terminology. Consider, for example, “sell the profit.” At first read, it may not be clear what the phrase means.

The term refers to selling stocks in the anticipation that annualized growth in corporate profits will slow down. That’s relevant now because investors anticipate weaker company earnings over the next few months, which could have a significant impact on share prices. Read more here.

WSJ: Where Emerging-Markets Investments Are Going

By SIMON CONSTABLE

Exchange-traded funds specializing in emerging markets have been drawing tens of billions of dollars in new investment lately. But not all countries are getting equal love from investors. Read more here.