Coffee is a commodity… like oil. And, these commodities are mined, if you will, in various places around the world, mainly outside of the US. So, the levers that enable inexpensive importing become vital to our capacity to move ourselves from one place to another and to wake ourselves up.
We are all painfully aware of […]
Who’s afraid of the Big Bad Wolf that will huff and puff your home away?
There is a lot of talk in Washington about how credit swaps wrecked the financial markets and put many innocent Americans out of their homes (and their jobs). It would be interesting to take a walk down memory lane and […]
My previous post bravely announced the achievement of a second recovery milestone - if the first milestone was the recovery of Wall Street, the second milestone would be the beginning of the recovery of Main Street.
Since then, two interesting events occurred. First, the Obama (read Pelosi) health care bill passed in Congress and, second, […]
It has been one year since this blog accurately predicted and announced that the crisis in Finance was over. So what has happened since then?
As recovery slowly made its way through the rest of the economic system, it has done so with the help of government intervention, as would be expected in such a meltdown. […]
Last week, President Obama was on 60 Minutes and sent a message to Wall Street: no big bonuses when Main Street still has not seen its fair share of TARP support and no bonuses until all TARP borrowed is paid back in full.
A few days later, CNBC provides live coverage of the Wells Fargo issue […]
By now, it’s common belief, I daresay common knowledge, on the street that financial companies, those that exploded universally in November of last year, are on the road to recovery and some are even doing well.
Over the past 4 weeks or so, we’ve seen some broad stabilization across the stock market and a Dow number […]
Over the past couple of months, the US economy has been showing signs of stabilization and hope for very modest growth. However, as we enter another earnings reporting season, many market analysts fear that we may experience another drop, effectively erasing the recovery gains we have recently experienced, because they are expecting corporations to announce […]
Humana’s stock got battered today, after President Obama’s statement on the news, last night, about reducing payments to health insurance companies, hospitals, etc.
For those who were eagerly anticipating a supportive gesture towards the ailing healthcare industry in the US, the President’s first statement leaves me perplexed. Perhaps it’s half a statement and the rest […]
Here is a link to some wonderful charts of the Dow Jones Industrial Average since 1895, on which you can find all the major events that shook the world. 1895-1909http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=18951910-1919http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19101920-1929http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19201930-1939http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19301940-1949http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19401950-1959http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19501960-1969http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19601970-1979http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19701980-1989http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19801990-1999http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=19902000-2009http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=2000Â
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I’ve heard that some financial stocks are up and that the price of gold is showing the begging of a stability trend. In addition Sunpower, a leading solar technology maker, posted record breaking earnings, today.
That’s interesting. And I wish I could bet real money on that. I certainly am investing some hope into these observations.
There […]
