The Austrian School of Investment Thought
financial markets
Economic Shutdown and the Cost to Save a Single Life
America is facing a dilemma. Amid the greatest crisis since World War II, and four weeks into an effective shut down of the U.S. economy as a response to the COVID-19 Pandemic, public debate is turning towards the question of how long the shutdown should continue. Last week President Trump released federal guidelines for “re-opening” … Continue reading
Top Ten Investment Books for Austrian School Economics
The following are books that have had the most significant impact on my investment philosophy. Though that philosophy is heavily influenced by a belief in Austrian School Economics, only two of these books deal with Austrian Economics specifically. What they do provide, however, is education and wisdom on how real-world markets work, which has allowed … Continue reading
Q&A: The Collapse of Oil Prices
By Ted Barnhart The recent plunge in oil prices, poses a number of questions. The Austrian School of Investment Thought Blog answers a few of them here. Q: Is the price of oil dropping because of deflationary forces i.e. an anticipated economic slowdown. A: No, but a couple of side bar discussions should go along … Continue reading
Market Recap and a Look Ahead (week ended 7/20)
The S&P 500 finished the week at 1,362 up 0.43% for the week. The index had been higher on the week, but sold off about 1% on Friday, on the heels of a sell off across Europe including new lows on the Euro itself. Friday’s European stock markets saw declines in Italy of 4.3%, Germany … Continue reading
Market Recap and a Look Ahead (week ended 7/13)
The S&P 500 finished the week at 1,356 up 0.16% for the week. The Ten Year Treasury Yield closed at 1.49% down from 1.54% the previous week and just above the June 1st low of 1.45%. Next Week’s Potential Market Moving Events: Tuesday: Fed Chariman Bernanke testifies before the Senate Banking committee. … Continue reading
Market Recap and a Look Ahead (week ended 6/22)
The stock market encountered a roller coaster ride this week, rallying early based on positive news in the Greek Elections and in anticipation of a potential QE3 announcement from the Fed on Wednesday. When the Fed only delivered on Operation Twist, stocks sold off. The S&P 500 finished the week at 1,335, down 0.6% for … Continue reading
Market Recap and a Look Ahead (week ended 6/15)
A nervous stock market managed to post a modest gain for the week as the financial world awaits the results of Sunday’s election in Greece. The S&P 500 Index closed at 1,342 up 1.3% for the week. Randall Forsyth of Barron’s noted that “stocks took off Thursday afternoon in the U.S. in reaction to various … Continue reading
Market Recap and a Look Ahead (week ended 6/8)
The S&P 500 posted its biggest gain of the year with 3.6% rebound in the aftermath of a tough month of May. Yields on the benchmark Ten Year Treasury rose to 1.63% after finishing the previous week below 1.5%. SPY data by YCharts
