Tom Petruno on Muck Rack

Tom Petruno Verified

Los Angeles
Freelance Journalist
As seen in:  LA Times, Tulsa World

I'm a former financial columnist for the Los Angeles Times (1990-2011), now an independent investor, writer and consultant. Love LA -- esp. when it rains.

Deflation fears rock markets again but consumers see windfall-for now — For the fourth time in 12 years, the world is facing a deflation scare. And as with any good horror movie, no one is sure what lurks in the shadows. Since summer, slowing growth in China and severe weakness in Europe and Japan have deepened fears that the global economy could tip into deflation - a sustained period of falling prices for goods and services.

How key investments could fare if deflation fears worsen — If deflation takes hold, with a sustained decline in prices for goods and services, the rules of the investing game change. A slow-paced deflation similar to Japan's since the late 1990s might not trigger sudden market crashes, but could change the relative appeal of investments.

U.S. bull market rolled on in 2014, but investors got pickier — Investment success in 2014 was mostly about keeping it simple. That may not be a bad way to go in 2015, either. Well-known U.S. blue chip shares handily beat obscure smaller stocks and most foreign markets over the last 12 months. High-quality bonds trounced lower-quality issues. Gold lost 1.6%, falling with most other commodities.

For U.S. stock and bond markets, a year of welcome surprises — The global economy and markets always are good for some major surprises, but 2014 is going down as a year when the best bet was to expect the unexpected. And for the U.S. the shocks this time around were mostly welcome: stock prices way up, interest rates still way down, gasoline the cheapest since 2009 and the domestic economy showing amazing resilience.

How to invest with a social conscience: Some popular options — If you want to invest for the social good - or at least, how some professional money managers define the social good - there are plenty of options. But the No.1 rule of socially responsible investing is the same as for any investing: Do your homework.

Beyond profits: Millennials embrace investing for social good — Once she gets her MBA degree from UC Berkeley in May, Leigh Madeira's dream is to help find funding for young companies devoted to improving the lives of the world's poor. That isn't quite what her family had in mind. When she told her 90-year-old grandfather about her plans, "He gave me this look," she says, laughing.

7 Best Dividend Stocks of the Dow — Prev Next After last year's spectacular stock market rally, many investors have relearned this year that share price gains aren't guaranteed. That should foster a new appreciation for cash dividends-particularly among older investors, who will need rising income in retirement.

Investing Quarterly: Where to invest for growth? — When Internet stock analysts at brokerage Morgan Stanley wrote their 2001 investment outlook in December 2000, they laid out glowing assessments of the future for Yahoo Inc. and rival America Online. There would be "a few huge winners" in the long run among Internet names, and Yahoo and AOL fit the bill, Morgan Stanley said.

Big-name stocks have lagged the bull market run the last 3 years — When investors think of "growth" stocks, some classic American names usually come to mind: Coca-Cola Co., Wal-Mart Stores Inc., McDonald's Corp., Procter & Gamble Co. But many of those classics have taken a back seat in the bull market's advance over the last three years.

Investing: great growth stocks - Tulsa World: Money Power — Buying shares of a growth company early in its run to greatness is the holy grail of stock picking. But after the market's phenomenal five-year bull run, finding undiscovered gems today is no easy feat. So we hunted for companies that could keep flying high but whose share prices relative to expected earnings are still reasonable for a long-term investor.
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Mar 04, 2015

Spouse invited me to watch a bit of ABC's #Revenge. One observation: Suffolk County NY has nation's most incompetent police + coroner depts

Mar 04, 2015

Hey, check this: A charity sent me FREE ADDRESS LABELS in their pitch for money. Labels WITH MY OWN ADDRESS ON THEM! Who thought this up??

Mar 04, 2015

Canadians are awesome! They are "Spocking" their currency in tribute to Leonard Nimoy.… via @JohnWaggoner

Mar 04, 2015

@herbgreenberg @hblodget @drake_baer But he only feels bad "sometimes." So more like the ol' "mixed feelings" than serious regret. Drink up!

Mar 04, 2015

Europe getting ever cheaper for U.S. tourists. Cost of one euro on verge of falling below $1.10.…

Mar 04, 2015

Remarkable how consistent the chart has been in $EEM emerging mkts ETF last 3.5 years. Buy near $38, sell at $44.…

Mar 04, 2015

The old line about LA being the "capital of the Third World" is BS. Because in the Third World people actually vote.…

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