Tag Archives: margins

Cyclicals Surprise Attack?

Earlier in the month, Alcoa was featured as the ‘second worse performing Dow stock in 2011.’ It was almost universally (in research reports by analysts and the press) expected that the financial results would be terrible, as evidenced by this … Continue reading

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Oil, inflation, the dollar and stock markets

The headline you see here is from 2005.  It appeared at the height of the last frenzy in energy markets, and  I fear we are at that stage again.  Here is a headline (Bloomberg) from today: “Oil increased for the fourth … Continue reading

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