by Robert Huebscher, Advisor Perspectives Vitaliy Katsenelson, CFA, is chief investment officer at Investment Management Associates, Inc., a Denver-based money management firm.  Vitaliy is also the author of the highly acclaimed books The Little Book… more »

by Jeff Miller The investing community goes back to work on Tuesday for a short week that could see plenty of action. Everyone is doing a review of 2011, so I tried to do something really different -- The Year that Wasn't! Please take a look at what… more »

Europe, Japan and the U.S. face moribund growth of the sort that has plagued the Japanese economy for two decades. On the flip side are China, Brazil, and India, where the combination of fiscal and monetary stimulus succeeded too well, and has led to a bout of real inflation. China, Brazil, and India comprise 15% of world GDP. While each of these countries will continue to enjoy above average growth relative to the developed economies, they are now confronting rising inflation with tighter monetary policy. This will surely lead to a slowdown in their economies in the second half of 2011. Since monetary policy is conducted by looking in the rear view mirror of economic statistics, there is the risk that each central bank may tighten a bit too much, resulting in a deeper slowdown than desired. more »

    by Jeff Miller Will the next month bring an important market inflection point? Many seem to think so, raising a good question:  When many market participants expect something, does that make it more or less likely to happen? Nearly everyone is… more »

The author maintains that forward earnings estimates, especially for one year, are valuable information for investors and should not be ignored. more »