The feedback of failure, loss and defeat is our most helpful teacher.
I want to praise horrendously costly lessons, as those are the only ones we really learn from. We hype the value of “book learning” and give lip-service to “learning fr…
As the U.S. dollar strengthens against other currencies, the phantom corporate profits generated by a devaluing dollar will vanish.
One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it ar…
Aug. 16, 2011, 12:06 p.m. EDT
Corporate profit outlooks will worsen: survey
But 42% of investors think global recession won’t happen this year
By Dawn Lim, MarketWatch
NEW YORK (MarketWatch) –– Investor sentiment has taken a sharp turn in the …
A shocking figure came out last week. In the US, fewer new houses were sold last month than in any month since they started keeping records in 1963.
How is it possible? Simple. The houses that would have been sold to today’s able buyers were bui…
Bloomberg link
Excerpt:
China’s manufacturing grew at a faster pace for a fourth straight month in November, indicating the economy can withstand higher interest rates as price pressures escalate.
The Purchasing Managers’ Index rose to 55.2 fro…
