Tag: Oil

Drilling for Oil on Wall Street

As long-duration common stock owners and investors, we focus on our bottoms-up stock picking and seek to analyze the micro-economics of each industry involved. However, the importance of oil prices to the economy of the U.S. and its effect on inflation helps determine the intrinsic value of our companies. While we currently own no energy companies in our portfolio, we would like to pause and see what the rhymes of history can tell us about the circumstances of today.

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Bloomberg Asia: Cole Smead discusses U.S. Markets and Oil

There Are Very Good Opportunities in the Markets: Smead First Up hosted by Angie Lau For a link to the video go to www.bloomberg.com.   The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice.

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CNBC: Bill Smead discusses oil and U.S. economic growth

  Oil’s plunge negative long-term: Pro Closing Bell hosted Kelly Evans and Bill Griffeth   The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results. The securities

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Where Did The New Middle Class Citizens Go?

The “well known fact” with regards to oil over the last decade read like this: because of huge GDP growth in emerging markets like China, there were going to be 400 million new middle class citizens born of uninterrupted prosperity; they were going to want all the autos, consumer goods, $10,000 watches and food that Americans have. The demand for commodities was going to be endless because capitalism practiced under authoritarian control was going to be better than the “invisible hand” of the free market. No recessions or depressions required.

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CNBC Asia: Bill Smead discuss lower oil prices and the economy

Investment strategies going into year-end Squawk Box hosted by Bernie Lo   The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results. The securities identified and

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Could a China Recession Cause $50/barrel Crude Oil?

Globalization has created an interconnection between major world economies and commodity prices. China, as the world’s most populous country, rearranged the commodity landscape by growing their economy at double-digit compounded rates from 2000-2010. By doubling their use of oil, copper and other major commodities, China created a golden era for commodity investors and everyone involved in oil exploration and production.

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