In the current edition of the
Investment U Weekly Update, Investment Analyst and Host of
The Oxford Club's Market Wake-Up Call Steve McDonald runs down the key issues affecting the global economy - and your investments. (Click the image to play.)
This week, you'll find...
- Intel's Poised for Big Gains
- Why Bankers Love Higher Rates
- The "Slap in the Face" Award: A (Comfortable) Roll in the Hay
You can check it out
in this video.
| Summer Gas Prices Set to Climb... Or Will They? It happens every summer. You get ready to go on a road trip or a vacation, and you notice that the price at the pump has skyrocketed.
Not anymore.
In the next few months, six companies will unveil a massive "unified project" that could keep gas prices below $2 for years... perhaps decades.
Even small shareholders in these companies are on course for HUGE payouts. Click here to find out more. |
And in case you missed any of them, here are the other stories that we've featured in
Investment U this week...
This Huge Trend Is No "Sham" Although home prices are rising at the fastest pace in seven years and sales of previously owned homes in April hit their highest level in more than three years, Heidi Moore isn't buying it.
Who is Heidi Moore? That's the perfect question to ask because the woman - who is the U.S. finance and economics editor at
The Guardian - has completely misread the current conditions in the U.S. housing market.
In a recent column, she claimed that what looks like a housing recovery is, in fact, "a trap."
Banks now own a big percentage of available homes for sale - through foreclosures - and she claims they are controlling the supply to artificially increase prices.
Click here to read full story
When Stocks Tank On May 28, 1962 - 51 years ago - Wall Street suffered a mini-crash. The New York Stock Exchange average had its biggest one-day drop in over 35 years. The next day the newspapers reported:
BLACK MONDAY PANIC ON WALL STREET
INVESTORS LOSE BILLIONS AS MARKET BREAKS
NATION FEARS NEW 1929 DEBACLE
A youthful Warren Buffett was asked about the panic selling. We have rare TV footage of his reaction to the mini-crash...
Click here to read full story
Everything You Believe Is Wrong I'm reading a fascinating book called the
Emperor of All Maladies by Siddhartha Mukherjee. It details the history of cancer and cancer treatments.
What I find most interesting is not the chemistry or biology in how new medicines were discovered (the book is not heavy on the science, so don't be scared off). Instead, what makes the book so thought provoking is how sure doctors were of their philosophies toward cancer... and yet were completely wrong.
The absolute trust that patients put in their doctors' opinions often led to agonizing deaths rather than recovery.
Click here to read full story
The Secret Behind 12% of Ohio's Oil Production A
Forbes 2011 cover story described him as "America's Most Reckless Billionaire." Conversely, former Houston mayor Bill White spoke of him as being "at the forefront of those heroes" of America's natural gas exploration companies.
During his tenure, his company bought land in the nation's largest shale gas plays. But this controversial CEO was hot on one shale gas play in particular. When he spoke of it, he compared it to the Eagle Ford in Texas and the Bakken in North Dakota.
"It's the biggest thing to hit [this state] since the plow," he said of the play a couple of years ago...
Click here to read full story
The Worst Is Yet to Come For months, I've forecasted that interest rates would rise and, consequently, bond prices would fall. Now it's happening...
In May, the Barclay's U.S. Aggregate Bond Index - one of the most widely watched benchmarks for the fixed-income market - fell 1.62%. But many investors fared far worse.
For instance, the $292.9 billion Pimco Total Return Fund, the world's largest bond fund, fell 2%. And many leveraged fixed-income funds got hammered.
Take the
Nuveen Insured Municipal Opportunity Fund (NYSE: NIO), for instance. This leveraged tax-free bond fund is an excellent vehicle in a rising bond market. The majority of its holdings are AAA-rated and insured... yet this is the last sort of thing you want to hold in a bond market rout.
Click here to read full story
Be sure to check out some of the other investment stories that we've published this week on our website:
www.InvestmentU.com.
