ISA operates under the theory the stock market continues in a secular bear market which began in 2000. Strangely, the Dow has only had one negative year (’08 down 35%) the past 10 years. The Dow was down a rare three years in a row from 2000-02. At some point we expect a third and final downdraft, perhaps just not yet.
Rail Traffic Won’t Fall at Value Plays.
A Surprisingly Positive Final 2012 Update On Jobless Claims from Capital Speculator.
A pathetic list: The 5 Best Commodities of 2012 at Minyanville.
Sorry, Folks, We Don’t Just Have ‘A Spending Problem’ at Business Insider.
2012: The Year in Graphs: Washington Post.
Random charts tell interesting stories by Scott Grannis.
The Six Biggest Investing Lessons of 2012 by Josh Brown.
Brent Oil’s Third Year Over $100 Looms on Supply Risk (Bloomberg). Yet Cushing stocks are at an all-time high (Platts). I don’t agree with Bakken oil boom in question (Mining). Bill O’Reilly is Misinforming Americans About Oil Supplies (Oil Drum).
Uranium: “The new government in Japan has announced it will review the planned nuclear power phase-out proposed by the previous administration.” BBC Blowing Up: The Transfer Of French Nuclear Technology To China at Testosterone Pit.
Off topic on raising children: A Nation of Wimps (Psychology Today).
Coming Wednesday: “Hello 2013”.