prudent investor newsletters

The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Friday, July 28, 2017

Construction Boom? Cemex 2Q and 1H Earnings Collapses!!!!

Cemex hasn’t published its quarterly report (17Q) yet. But it issued a press release which was picked up by media. First, a rewind bac...

Wednesday, July 26, 2017

Construction Boom? HLCM’s 2Q and 1H Sales and EPS Growth Crashed! Frenzied Bids on Property Issues Sends the Phisix to 8,037

Last weekend, I pointed out that the government’s measure of construction material prices - retail (CMRPI) and wholesale (CMWPI) – reve...

Monday, July 24, 2017

Construction BOOM? The Government’s Construction Material Prices Have Been On a Swoon, Why???

As a communication network, the market price system coordinates integrates and harmonizes the value judgments of the consumers, which repre...

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