All Blog Entries

By Roger Nusbaum, greenfaucet.com

In the last couple of days I have read more than one article extolling the virtues of Canada as an investment destination including this article from Barron’s profiling Bank of Nova Scotia (BNS) which I have owned for clients for several years.

Canada has a lot of similarities to the US in terms of how society functions and obviously its proximity to the US. There are also substantial differences; Canada is of course a commodity based economy, an economy with far fewer moving parts and it is not as bad off as the US. Regardless of what should be WRT to alternative energy the US is going be using a lot of oil for a long time to come and the US gets a lot of its oil from Canada. ...

Seems traders are betting the US stimulus package/rescue plan will juice investor confidence. The dollar is in corrective mode, having broken below its near-term trend line support levels.

Click on the following link to view the latest issue of Black Swan Currency Currents in PDF format.

By David Enke, greenfaucet.com

Insiders at Bank of America (NYSE: BAC) have been taking positions in the stock over the last few weeks. This includes the CEO Ken Lewis, former President John Thain, and various directors. As seen in the chart below, the stock, while still in a steep down trend, has seen an increase in volume over the last month, and has "rallied" off its recent 52-week low of $3.77 (but still down tremendously from its 52-week high of $43.60).

Ken Lewis was recently interviewed on CNBC. When asked if Bank of America will take addition TARP money beyond the $45 billion that has already been provided to the company, Lewis gave a categorical no. Yet it could be argued that BAC is technically ...