Don Coxe’s final Basic Points. Everyone should read this; I recommend printing it…
With usual wit, Jim Grant survey’s the monetary environment and takes a good look at Google and General Motors too. Grant’s Pub
For the more serious economic student: WEALTH EFFECTS REVISITED 1978-2009 at Yale.
David Kelly commentary laden with long term charts at JP Morgan. (Not the most user friendly presentation.)
Bill Gross’ monthly Investment Outlook Money for Nothin’ Writing Checks for Free at Pimco.
“Another week, another missed target for natural gas storage.” Haynesville Play
“The weekly chart for the coal sector is most intriguing with its strong push this week out of the diamond bottom formation. The pattern spanned over six months and I would expect a huge measured move higher if confirmed.” (Chess) Additionally, note the reference is to KOL, an ETF which is largely made of foreign and Asian coal companies (with little US exposure). It’s a derivative of China. Chinese Coal Miner Up Big As ‘Cliff’ Averted by Emerging Money.
Copper Soars on Demand Outlook at the WSJ.
Iron ore: Rio’s Walsh rains on everybody’s parade at Mining.