A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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What brought Facebook’s prospects down – at least, on its first day of trading – was the simple fact that the relationship between a company’s stock price and its true value has always been an uneasy one. It is more so for this strange breed of social media leaders – Facebook, LinkedIn, Groupon, Zynga...
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Matt Zames, the executive tapped to take over management of JPMorgan Chase(JPM_)’s chief investment office (CIO), has a controversial resume… Zames allegedly told a colleague about suspicions regarding Bernie Madoff some 18 months before his Ponzi scheme was revealed to the public. He also worked at Long Term Capital Management, the now-infamous hedge fund...
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Charting gasoline prices against income and GDP provides some interesting results.
Since rapidly rising gasoline prices are in the news, let's look at some charts of gasoline and the economy, courtesy of frequent contributor B.C. These depi...
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The number of Americans living in slums increased 33% in the past decade.
This scary trend was identified by a report out this morning from Brookings. Slums (our term) refer to areas of concentrated poverty where at least 40 percent of individuals ...
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Suddenly BB&T is pushing 3.49% home equity loans? This is troubling on several levels.
1. I thought banks were under orders to reduce their real estate exposure. 2. Anyone who currently has actual equity in their "home" must have a)bought in the 199...
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Saturday, September 03, 2011
It's *Not* Regulatory and Tax Uncertainty
Gary Burtless explains why the complaint from conservatives that regulatory and tax uncertainty is holding back the economy doesn't make sense (via email):
A couple of hours after...
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Might be a reason for that what the f@#$ rally from hell Lime Juice 2 opined in the post below.
DUD110526.pdf (140.37K)
: 5
QuoteForeign-sourced earnings have pushed developed-market profits to above-average levels. Part of this reflects the ...
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No Easy Way Out Of The Dilemma
It seems incredible that the Fed is creating the third bubble within 11 years, but that is what is underway. In the late 1990s the Fed kept the pedal on the gas and helped engender the dot-com bubble that collapsed wi...
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From The Daily Reckoning...
There are many mistakes people make that ensure they won’t get rich investing. In 2011, I think one in particular mistake will hurt more than others. I can sum it up by citing the phrase, “Generals fighting the last ...
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It looks like the average indebted law student has about $100,000 in debt these days. And about 85% of students have debt.
This is average, of course. Back in 2000, my roomate ended up with $185,000 or so with all of his loans.
US News
This actual...
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Pimco Makes $8.1 Billion Bet Against `Lost Decade' of Deflation
http://www.bloomberg.com/news/2010-09-15/pimco-makes-8-1-billion-bet-against-lost-
decade-of-deflation.html
QuoteBill Gross’s Pacific Investment Management Co. made an $8.1 billion wag...
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Total employment, purchase mortgage applications, and median household incomes are at the levels of the late 1990s. What does that say about housing prices? Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information...
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Bloomberg did a hit piece on Roubini today by one Whitney Kisling. The article also praised Laszlo Birinyi for getting the 1990s right, and quoted one money manager as saying we should only listen to money managers, and not analysts. As if those money managers aren’t publicly talking their book, using the media as...
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