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Industrial Profit Growth Keeps Falling In China: Chart

Industrial Profit Growth Keeps Falling In China: Chart

Industrial profits dive in December Excess capacity and the deflationary forces associated with plunging crude oil prices devastated manufacturers’ profits last month. Overcapacity, deflation hit factories; fortunes of State enterprises, private sector diverge Excess capacity and the deflationary forces associated […]

GoodHaven Fund 2014 Letter To Shareholders

GoodHaven Fund 2014 Letter To Shareholders

GoodHaven Fund summary prospectus and annual shareholder letter. GoodHaven Fund: Investment Objective The GoodHaven Fund (the “Fund”) seeks to achieve long-term growth of capital. GoodHaven Fund: Fees and Expenses of the Fund The following table describes the fees and expenses […]

Goldman Says ECB Move Bullish For U.S. Stocks

Goldman Says ECB Move Bullish For U.S. Stocks

ECB stimulus should be supportive of low U.S. interest rates and stocks, but watch for European issues to outshine The European Central Bank’s €1.1 trillion quantitative easing program, announced this week, will cause “displacement” and motivate fund managers to focus […]