Quote of the Day
"The ongoing European crisis presents the biggest risk to our economy," Treasury Secretary Timothy Geithner said in congressional testimony Wednesday. "The economic recession in Europe is hurting…
For Cities, Default Becomes More Attractive - WSJ.com
Muni Blues Worry InvestorsGrowing Fear That Cities Will Default—Not Out of Necessity but as a StrategyArticleComments 56MORE IN BUSINESS »smallerLargerBy MICHAEL CORKERYSome cash-strapped U.S. cities…
Quote of the Day
A “meaningful deleveraging for an extended period of time” is now priced into the market, Bridgewater said. With this pricing at a “midpoint of discounted expectations,” individual markets have an…
Investors head for ‘big cap’ America - FT.com
We've been saying for some time now how undervalued some NOT all big blue chip stocks are based on ultra-low interest rate assumptions. Investors head for ‘big cap’ America By Michael Mackenzie and…
Buy Dividend-Machine BlackRock at a Discount - Barrons.com
This is currently one of the strategies our Fund is deploying. We actually have a very small position like this in BlackRock so we thought this article might be usefull for our readers. …
Israelis Killed in Bulgaria Blast as Netanyahu Blames Iran - Bloomberg
Israelis Killed In Bulgaria Blast As Netanyahu Blames IranBy Elizabeth Konstantinova and Calev Ben-David - Jul 18, 2012 1:43 PM MTFacebook ShareLinkedInGoogle +15 COMMENTSPrintQUEUEQSix people were…
Attorney Generals, hey, you can't have it both ways
It's hard to argue that major banks charged more interests to the consumers by under LIBOR reporting rates. JPM not knowing what their risk was and losing $5 Billion or more was egregious. I doubt…
Is the market overvalued? Are we heading into a recession?
These are two questions I hear a lot and I hear myself asking these two questions. Conventional wisdom is that if we are heading into a recession, you don't want to own stocks. I've never found…
Population growth will drive commodity demand
BOUT DOT EARTH By 2050 or so, the human population is expected to reach nine billion, essentially adding two Chinas to the number of people alive today. Those billions will be seeking food, water and…
Short Sales on NYSE Top 2011 Peak as September Bets Lost 21% - Yahoo! Finance
Short Sales on NYSE Top 2011 Peak as September Bets Lost 21%By Whitney Kisling | Bloomberg – 2 hours 8 minutes sales on the New York Stock Exchange have climbed above last Septembers peak, a level…