Don’t get fleeced with the rest of them
Some stories just have to be repeated. Like the one from Sweden that tells of a collapsing floor during a Weight Watchers weigh-in. As twenty or so dieters filled the room to measure the fruits of their effort, the floor beneath them rumbled then failed.
Priceless irony.
It proves Americans, especially us East Coasters, aren’t the only ones with size-management issues.
As the markets sink under their own weight today, I cannot help but think much the same is taking place on Wall Street. The equities market can only hold so much fat before it gives up support and comes crashing down.
I rarely use technical analysis as a primary analytical tool, but I will use the help of charts and lines to…
The Real Story Behind Solar Energy in 2010
David Fessler, contributing writer for Money Morning, analyzes the ongoing trends and mid-term future for solar energy companies.
Put your hand under the cash waterfall
By Andrew Snyder, TodaysFinancialNews.com
Baltimore — (TFN): We all have a friend like him. For me it’s a guy named Greg. He has some great ideas and his entrepreneurial spirit runs deep, but for some reason, his plans never seem to make it to fruition. Somewhere from the drawing board to the production line, he runs into a debilitating snag.
Most of the time, it’s money.
He’s got great ideas but nary a penny to his name. That’s why I told him to ring up old Uncle Sam… collect. Washington’s handing out all sorts of dollars these days. He might as well put his hand under the waterfall.
According to the Wall Street Journal, the Department of Energy is handing out some $40 billion…
The vote that pushed me over the edge
By Andrew Snyder, TodaysFinancialNews.com
Baltimore — (TFN): Somebody get a bucket because I’m about to puke. I am having an impossible time trying to digest what I’m reading and hearing this week.
How could things have gotten this bad?
My sister is one of those liberal teacher types with an ideology that so many of us like to pick apart. It’s sort of a sport of mine, but she understands and takes it like any sister should take a sibling rivalry. She drops her kids off at my house with little to no notice.
With our divergent political beliefs, you should have no problem guessing my reaction when she recently told me she was applying for dual citizenship in France.
“I just want my kids…
I hate to give you the news
Baltimore — (TFN): Thank goodness for Obama. Less than 24 hours after his “jobs summit,” the national unemployment figure takes a surprising dip in a positive direction.
Boy, that guy works fast.
All you gold bugs must be blowing bubbles in your Wheaties today. That precious metal so many investors rely on for long-term safety lost $55 worth of its value today. And, worse yet, its value will keep declining.
Can’t say I didn’t warn you.
But don’t blame me. Blame those jobs figures. Thanks to the nation’s businesses firing just 11,000 more people than they hired, the nation’s unemployment now stands at an even 10%. Of course, the liberal media is quick to say it’s the best report in nearly seven years. But…
My first prediction for 2010
Baltimore — (TFN): Do you think Rupert Murdoch and his multi-billion-dollar buggy whip factory is getting nervous? Unless the prince of print media single-handedly transforms an industry, his empire will come crashing down.
This story goes well beyond Murdoch’s decision to start charging for his company’s online news content. It is a debate about monopolies and the government’s role in protecting or destroying them.
In case you missed it, there is a great editorial in today’s Wall Street Journal by the CEO of Google, Eric Schmidt (scroll down for link). In the piece, the doctor doesn’t necessarily lash out at Murdoch and his recent attacks aimed at Google, but the desire to call Murdoch a crybaby is obvious.
Schmidt makes it clear that…
Goldman Sachs – Defending the biggest kid on the block
Resident voice of reason at The Daily Reckoning, Bill Bonner takes a hard look at Goldman Sachs and replaces jealousy with admiration.
“We pick up sword and shield, ready to fight for Goldman, after reading the Financial Times. The FT has devoted a whole page to Goldman bashing. It’s time someone stood up to say a kind word for the firm.”
Crash Alert: The Future and Failure of the U.S. Dollar
Bill Bonner (The Daily Reckoning)
In the short run, it might have enough life in it to bite investors on the derrière
London , England
We got back from South America on Friday… ready for a rest. So, we spent the weekend reading… and occasionally, thinking.
What we’ve been thinking is that the dollar is dead meat in the long run. But in the short run, it might have enough life in it to bite investors on the derrière.
The US stock market rose 73 points on Friday, to bring the Dow just 30 points south of the 10,300 mark. Why is this level important? It’s not really. But it reminds us that this is still just in “bounce range.” Big drops…
The Gold Bubble – Is it big enough to burst?
Brian Hunt (The Right Side):
In the past three months, there’s been a very popular – and very wrong – thing to say about owning gold.
I hear it a lot from inexperienced Wall Street analysts, bloggers, and money managers who spend little time living in the “real world”.
Here’s what they’re saying: “Gold is way too popular now… It’s near the end of its bull market.” The recommended “action to take” is to cash in your gold profits and move on to something different.
I can tell you that taking this advice is a big mistake. Anyone who believes gold is too popular with the mainstream public simply doesn’t know who the mainstream public is… and they don’t understand how bull…
The end of efficient markets
Baltimore — (TFN): How efficient are the markets? It is like asking how smart is the human race We all know the answer, but few of us are willing to suck in our pride and admit there are a few dim bulbs among us.
Judging by the sudden rise in fame of Levi Johnson or Balloon Boy’s antics, the human brain is far feebler than we give credit.
And so are the markets.
If you have taken a basic finance class anytime between 1965 and the present, you have likely studied Eugene Fama and his efficient market hypothesis.
Essentially, the University of Chicago professor created a cult-like following of investors and academicians that believe markets entirely reflect all known information and instantly react to…
Welcome to Notes Version 2.0
Baltimore (TFN): Welcome to Notes version 2.0. As Will moves on to his next successful endeavor at the family office, I could not be more pleased and nervous to be at the helm. After all, he set the bar high.
What a time to be part of such a popular, well-regarded newsletter. From what I’ve heard and read, Notes subscribers are some of the most-informed, thought-provoking readers anywhere. I sincerely look forward to opening a dialogue with all of you.
As you know, there has never been a more pivotal time in this country’s financial future than right now.
The dollar is weak.
The word “jobs” has become an atrocious four-letter symbol for economic despair.
The government owns Detroit, Wall…
Top Stocks has moved
MSN Money’s Top Stocks blog has moved to a new address: http://articles.moneycentral.msn.com/Investing/top-stocks
You’ll find it’s well worth the click. We have the same great list of contributing financial journalists, stock analysts and money pros; t…
Dole IPO busts out of the gate
Perhaps the little guy is finally catching on to the games that Wall Street loves to play.Last Thursday, Dole Foods (DOLE) priced its IPO at $12.50 per share, well below an expected range of $13-$15 a share. Based on that, you might have expected…