The increased production of natural gas liquids such as ethane, propane and butane has lowered the input costs for the chemical industry.
Fear has trumped fundamentals. There are still value stocks in this market.
With our long term horizon, we’re staying overweight industrials in our Growth Portfolio.
We had hoped that Asia might have enough economic strength to support itself and avoid recession. No more.
Oversold markets are like a tight rubber band. As fear subsides, the market will snap back.
High gas prices and economic instability in Europe will crimp U.S. economic growth in the months ahead.
The biggest impact to the model has been the fear over global growth and especially China
Major technological advances in the oil & gas industry have caused the U. S. to have an increase in oil production for the first time in over twenty years.
The Opportunistic Arbitrage model gained a solid 21.4% in February versus 4.1% for the benchmark S&P 500.
After the huge amount of volatility for most of 2011, January and February have been much calmer. Volatility has been down substantially.
Underlying investor mood is not overly bullish yet, which points to potentially higher prices ahead.
The economy should slog ahead in 2012, slow but gaining slightly.