Minding Miners' Beta and Leverage
Even though U.S. politicos appear ready to reach an agreement on the debt-ceiling front, the fiercely polarized debate has introduced uncertainty into what was previously thought to be an obligation…
Data Reinforce Economic Malaise
Americans saved more and cut their spending by the most in nearly two years in June, a broad retrenchment that is both the cause of and a reaction to the slowing economic recovery. Consumer…
Congress averts default, downgrade fears haunt
WASHINGTON (Reuters) - Congress buried the specter of a debt default by finally passing a deficit-cutting package on Tuesday, but the shadow lingered of a possible painful downgrade of the top-notch…
I hope I can get a way with reposting this good stuff from Barrons
Barron's(8/1) Stumbling To The Halfway Mark (From BARRON'S) By Vito J. Racanelli The Standard & Poor's 500 Index managed a respectable 6% total return in the six months ended June 30, but that…
10 reasons why stocks should go up
The news is pretty depressing. The economy is slowing, the country is bitterly partisan, and the market has been down several days in a row. The VIX reflects…
‘Magic Trip’ Reconstructs Footage From Ken Kesey’s Bus Trip - NYTimes.com
Maybe I've drunk the Kool-Aid but I found a lot of things to buy today. We went from about 10% invested to 100% invested today and short gold. Our historic average hold time is about 7 days but…
1923 Leica…
Sea Change in Map of Global Risk
With Crises Shaking Confidence in U.S. and Europe, Investors Turn to Debt of Emerging Lands The black-and-white borders of the bond market are graying. As the pristine credit rating of the U.S.…
Lawmakers to vote on last-minute debt deal
(Reuters) - Congressional leaders rushed to line up Republican and Democratic votes on Monday for a White House-backed dealto raise the U.S. borrowing limit and avert an unprecedented debt default.…