OPEC meeting, Saudi Aramco and the State of Commodities

Because of the diminished long-terms returns-on-invested-capital and the inability for many commodity companies to build what Mr. Buffett and Morningstar call the “sustainable moat”, clients have never owned substantial positions in commodity companies for longer periods of time. Yes, Alcoa … Continued

Could 2018 See 3.9% Unemployment for the First Time Since 1960’s?

https://data.bls.gov/timeseries/LNU04000000?periods=Annual+Data&periods_option=specific_periods&years_option=all_years The above link is a data set from the BLS for post World War II unemployment rates, and with the US economy currently sitting at 4.1% unemployment the night before the December ’17 non-farm payroll and unemployment data are … Continued