Diapers.com just got bought out by AMZN using the same formula that zappos.com used: they built a fully automated fulfillment system using robots from kiva systems so they could deliver products fast at low cost. Diapers.com had an annual revenue of $1…
This was the last purchase under QL 1.5. QE2 amounts to be announced Wednesday should be around $26 billion a week for this month. Look out above.
Stay up to date with the machinations of the Fed, Treasury, and foreign central banks in the US market,…
Hussman
http://www.hussmanfunds.com/wmc/wmc101108.htm
“Given that interest rates are already quite depressed, Bernanke seems to be grasping at straws in justifying QE2 on the basis further slight reductions in yields. As for Bernanke’s case for c…
According to Wikipedia, the Kennedy Expressway and the Dan Ryan Expressway are the busiest state maintained routes in the City of Chicago and its suburbs. I recall reading somewhere that the Dan Ryan ranked in the top ten busiest expressways in the co…
http://mauibear.maui.net/
source: http://www.nma.tv/
Microsoft CEO Steve Ballmer sold $1.3 billion worth of shares in the company, cutting his stake by about 12 percent, but said his first stock sale in seven years should not be taken as a lack of confidence in the world’s largest software firm.
Accordi…
Excerpts:
the Fed has lost much of its capacity to inflate household net worth and spending. The robust inflationary biases – and fledgling Bubbles – are now in global markets and economies. The “Core to Periphery” financial flow dynamic has …
“We need QE2 because the Fed has been too tight for two years.”
Don Luskin, Kudlow Report
