Ross Roggensack

44 Flips | 3 Magazines | 4 Following | @rossrogg | We are Oak City Consulting, an investment advisory firm specializing in assisting Christian foundations.

This animation shows how populations around the world will change by 2060

<i>"I think ageing demographics is a bigger issue in China than people think. And the problems it creates should be become evident as early as 2016."</i> - Stan Druckenmiller, a 2013 quote<p>Over the last year, we've been very skeptical of the near-term potential for robust global economic growth.<p>The media …

What lifting Iran sanctions means for world markets

<b>The untangling of the world's most complex regime of sanctions starts now.</b><p>The European Union terminates all its nuclear-related economic sanctions including an embargo on buying Iranian crude oil, but more importantly, ends restrictions on Iranian trade, shipping and insurance.<p>"This is a day we …

Self-Driving Cars Are Coming, But Are We Ready For Them?

Our cars are getting smarter and smarter: They may help you park or switch lanes, dictate directions if you need them, link up with your phone to play your calls and music or make sure you stop before it's too late.<p>As NPR's Sonari Glinton has reported, an average car already has millions of lines …

Predictably Unpredictable: Why We Don't Act Like We Should

We don't always act like we're supposed to. We don't save enough for retirement. We order dessert when we're supposed to be dieting. We use the tickets we bought to a concert even though we're sick. In other words: We misbehave.<p>That's the title of Richard Thaler's new book: Misbehaving: The Making …

Episode 677: The Experiment Experiment

A few years back, a famous psychologist published a series of studies that found people could predict the future — not all the time, but more often than if they were guessing by chance alone.<p>The paper left psychologists with two options.<p>"Either we have to conclude that ESP is true," says Brian …

Most U.S. Egg Producers Are Now Choosing Cage-Free Houses

From McDonald's to Costco, Big Food has been declaring a shift to buying only cage-free eggs. Three more companies took the step this month: Denny's, sandwich chain Quizno's and Mondelez International, maker of Ritz crackers and Chips Ahoy cookies.<p>Here at The Salt, we've been wondering how egg …

Agriculture

Luxury And Self-Driving Cars Dominate Auto Show Talk

NPR's Sonari Glinton tells Michel Martin about week one of the North American International Auto Show in Detroit.<p>Transcript<p>MICHEL MARTIN, HOST:<p>The North American International Auto Show opened to the public today in Detroit. It's one of the biggest auto shows in America.<p>(SOUNDBITE OF ARCHIVED …

There's a bullish type of fear that could cause investors to storm back into the stock market

Stocks are establishing ugly records, and the S&P 500 just touched its lowest level since October 2014.<p>Despite the bloodbath, David Kelly, chief global strategist for JP Morgan Funds, isn't worried yet.<p>"There are two types of fear in the market," Kelly told Business Insider. "The fear of the …

Gold settles 1.6% higher, but still posts a weekly loss

Gold futures settled higher on Friday as the yellow metal drew haven bids amid a broad rout in global markets, including a plunge in U.S. stocks and …

Stock Markets

Goldman’s Jeff Currie sees the ‘makings’ of a commodity bull market

T<p>The commodities market are starting to show signs of buckling under the pressure of historically low prices and may soon see a fundamental shift—a …

Stock Markets

The US economy is nowhere near a recession

After the worst 10-day start to a year ever, investors are anxious about not just the prospects for financial markets but the US economy as a whole.<p>And now, people are talking about recession.<p>In an email on Friday, Torsten Sløk, chief international economist at Deutsche Bank, wrote, "Over the past …

The Week Ahead: Is Bullishness Low Enough Now?

Investors had a ray of hope last Thursday as stocks had the best day since early September. The calm was quickly shattered before the US open on Friday as crude oil and Chinese stocks resumed their plunge. In early trading crude was down over 5% while the S&P 500 was down over 2% again.<p>One …

Why The Stock Market Is Volatile, Why Volatility Hurts, And What To Do About It

Unless you made a resolution not to read, listen to or watch the news in 2016, you’ve likely noticed that “the market” is off to a stumbling start. Indeed, one glance at the headlines, at least the ones that don’t involve the presidential election, quickly reveals that the market is having one of …

I have $600 a month to invest for the next 20 years. What should I do?

<i>Dear Nancy Woods,</i><p><i>What would you say is the best 20-year investment? If I have $600 a month to invest for 20 years, what do you suggest I do with the $600 a month, and what do you think it could be worth? I know that in this public forum you cannot give me stock specific advice. What I am looking</i> …

Bill Ackman thought Valeant was the next Berkshire Hathaway

A lot of investors have been comparing Valeant Pharmaceuticals to a lot of other companies lately. There was Citron Research, which last week issued …

Pirates' Andrew McCutchen wins Clemente Award

NEW YORK (AP) — Andrew McCutchen cut off his signature dreadlocks during spring training to benefit Pirates Charities.<p>"It's kind of crazy to think …

Daylight saving time: The myths and the truths

<b>(CNN) —</b> Loved by some, loathed by many, daylight saving time has wide-ranging and often surprising implications.<p>From energy use to our very health, here's a look at some of the mythology and facts surrounding DST.<p>MYTH: It saves energy<p>One of the most commonly offered rationales for daylight saving …

Time Management

Where have all the salmon gone?

69 percent<p>That's the percentage of shoppers who say they plan on "webrooming" this holiday season, according to a new Deloitte study. What's "webrooming," you ask? It's the practice of browsing online for products, but going to an actual store to purchase.<p>1 child<p>Couples in China have been limited …

Research

It's not really Black Friday anymore

'Tis about to be the season. In stores across the land, first shall come the plastic pumpkins, and then the expressive Turkeys, and then the Santas and the icicles.<p>Holiday sales are expected to grow about 4 percent this year — some predict increases of up to 5.6 percent, and the big kickoff, we are …

For Visually Impaired Runners, the Marathon Isn’t Just a Race

Disabled athletes will run New York City Marathon, with support right by their side<p>One of Asim Baig’s strategies for getting through 26.2 miles is conversation.<p>While hours of talking might seem taxing for most exhausted marathon runners, the dialogue is a welcome distraction for Mr. Baig, who is …

New York City

Marco Rubio Moves to Seize the Moment

GOP presidential hopeful tries to extend the momentum from his debate performance<p>SIOUX CITY, Iowa—The days of Florida Sen. Marco Rubio flying under the radar may be coming to an end.<p>For months, the Republican White House hopeful was content to keep a low profile while he built his campaign and his …

Marco Rubio

Saudi Arabia to run out of cash in less than 5 years

Not even the mighty Middle East can survive cheap oil forever.<p>If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leader Saudi Arabia as well as Oman and …

Oil

Opinion: This famous investor showed that slow and steady really does win

Chapel Hill, N.C. (MarketWatch) — Charles Allmon, one of the most successful investment newsletter editors of the 1960s, 1970s and 1980s, died …

Investing

Fed keeps rate at record low after slowdown in job growth

A statement the Fed issued Wednesday said it would monitor job growth and inflation to determine "whether it will be appropriate to raise the target range" for its benchmark rate at its next meeting.<p>It marked the first time in seven years of record-low rates that the central bank has explicitly …

Q-Ratio At The Highest Level Since December 2000

The Q-ratio, which is simply the equity market value of nonfarm, nonfinancial businesses divided by the net worth of those businesses, is at it's …

Phil Mickelson zings European team

GLENEAGLES, Scotland -- Few in golf can give the needle like Phil Mickelson, and Lefty delivered on Wednesday at Gleneagles.<p>Asked about the perceived …

Golf

Real signs of real growth

Here is a collection of charts that feature real, physical measures of the growth of the economy. They are all consistent with an economy that …

Why Are You on the Earth?

George Herbert’s poem called “Praise” contains a verse that has been taped to my computer monitor since I first read it years ago.<p>Of all the …

Theology

What Water’s Worth | by Asit K. Biswas & Ahmet C. Bozer

SINGAPORE/ATLANTA – In the early nineteenth century, Lord Byron wrote in <i>Don Juan</i> that “Till taught by pain, men really know not what good water’s …

The Finer Points Of Hedging… Or Not

Barry Ritholtz asks the right question—Why hedge?–in the wake of last week’s announcement that California Public Employees’ Retirement System …