It isn’t too late to learn important lessons from the surprising resurgence of American oil and gas. It is also not too late to profit from it.
Author Archive
The Outsiders Who Saw Our Economic Future
The experts keep getting it wrong. And the oddballs keep getting it right. Over the past five years of business history, two events have shocked and transformed the nation. In 2007 and 2008, the housing market crumbled and the financial system collapsed, causing trillions of dollars of losses. Around the same time, a few little-known […]
How to Profit From the Energy Boom
March 4, 2014 The U.S. is experiencing a remarkable energy revolution, and exchange-traded funds that focus on energy stocks may seem an obvious way to benefit. But selecting the right ETFs to tap a gusher of profits isn’t as simple as it seems. U.S. oil and natural-gas production have surged. More than eight million barrels […]
Web Pioneer Keeps Faith, and Cash, in Bitcoin
Marc Andreessen Is Betting on Wide Adoption of Digital Currency Bitcoin March 21, 2014 Internet pioneer Marc Andreessen is doubling down on bitcoin amid turbulence in the virtual-currency world, in a bet that widespread adoption of the currency will fuel the growth of new businesses and technologies. Venture-capital firm Andreessen Horowitz, where Mr. Andreessen is […]
Inside the Showdown Atop The World’s Biggest Bond Firm
Feb. 24, 2014 NEWPORT BEACH, Calif.—Tension increased at Pacific Investment Management Co.’s headquarters here last summer. The bond market was under pressure, losses grew and clients pulled billions of dollars from the firm. Bill Gross, who co-founded Pimco in 1971 and is largely responsible for building it into a behemoth overseeing almost $2 trillion in […]
Worried About a Bear Market In Bonds? Here’s What You Can Do
Q: Are there ways to protect a portfolio from a bear market in bonds? A: There’s growing concern in bond land. The stock market is firming, some investors are shifting cash from bonds to equities, and interest rates, still near all-time lows, likely will move higher over the next few years if the economy keeps […]
Stocks Testing Records—But There’s Still Room to Run
By GREGORY ZUCKERMAN The market is surmounting a wall of worries to approach all-time highs. The best news: There are reasons to think the good times will continue.
‘London Whale’ Sounded an Alarm on Risky Bets
By DAN FITZPATRICK, GREGORY ZUCKERMAN and SCOTT PATTERSON The J.P. Morgan Chase JPM +0.79%& Co. trader known as the “London whale” tried to alert others at the bank to mounting risks months before his bets ballooned into more than $6 billion in losses, according to people familiar with emails reviewed by J.P. Morgan and a […]
Paulson Holds on to Gold Bet as Others Dump Yellow Metal
By GREGORY ZUCKERMAN John Paulson still believes in gold. That has been a painful stance lately. But Monday finally brought some good news for the well-known hedge-fund manager and other gold bulls.
The hottest trade on Wall Street–Betting against the Japanese Yen
By GREGORY ZUCKERMAN Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan’s determination to weaken its currency and boost its economy. Wagering against the yen has emerged as the hottest trade on Wall Street over the past three months. George Soros, who made a fortune shorting the British […]
