Mark Skousen
Mark Skousen’s “Investing in One Lesson” Glossary
American Depository Receipt (ADR)- A negotiable certificate issued by a U.S. bank representing a specific number of shares of a foreign stock traded on a U.S. stock exchange. ADRs make it easier for Americans to invest in foreign companies. “Auction fever”– A situation where bidders get emotionally caught in the auctioning of certain items and pay […]
Conditions in the United States and Europe are Bad News for Investors
The latest negative market conditions for investors include slowing gross domestic product (GDP) growth and poor employment reports in the United States, as well as bad news in Europe. GDP growth in the United States edged down to just an annual rate of 2.2% during the first quarter of 2012, compared to 3% at the […]
We Are Headed off of a Fiscal Cliff — Milken Conference Report
I spent this week in Beverly Hills attending the famous Milken Institute Global Conference, hosted by Michael Milken, and the watch word I heard repeatedly about the U.S. economy was “fiscal cliff.” The huge debt load the United States is facing on top of the trillions in unfunded liabilities is cause for alarm. A crisis […]
The Road to Morocco Leads to Investing Ideas for the Emerging Markets
I just returned from a trip to Morocco for the first time where I met fellow economists and I tried to procure investing ideas to share with you about emerging markets. The visit marked the 72nd country that I have set foot upon in my well-traveled career. As you may recall from my e-letter last […]
World Economic Issues Could Imperil Savings of U.S. Investors
The world seems to be closely intertwined these days. The economies around the globe meld together and can affect U.S. investors dramatically. The interconnectedness is one reason why I travel internationally to scout out new investment opportunities. I like to talk to people in other countries and to see first hand how economies around the […]
George W. Bush, The Comeback Kid
Yesterday, I went to the New York Historical Society in downtown New York, where Amity Shlaes organized the “The 4% Growth Project” via the George W. Bush Center. It was quite the star-studded show. I met President Bush again, plus Karl Rove; Steve Forbes and Rich Karlgaard from Forbes magazine; Rupert Murdoch (!), John Stossel […]