May 19, 2016

Executive Summary 1.  Market summary.  The movement of the U.S. dollar will be the key determinant of the direction of U.S. stocks, gold, and oil — and a great deal about the direction of the U.S. currency and market depends on the coming U.S. election.  In our view, the election Read more…

July 24, 2015

“Winner Take All” in E-commerce… and Who’s Protected On June 11, the European Union opened a probe of e-book pricing by Amazon (NASDAQ: AMZN), continuing the rumbles that have surrounded allegedly anti-competitive practices by the online giant. Last year, AMZN and publisher Hachette squared off over similar issues, with prominent Read more…