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 […]
JP Morgan has a history of bailing out the American economy. And it did so again in 2008. In concert with the Fed, they judiciously planned a way to prop up Wall Street as it disintegrated before everyone’s eyes. JP Morgan acquired Chase, as the Fed let Leehman fail and propped up Citi and others. […]
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 […]
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 […]
I refer to the $700 billion of cash that The Street has been begging for. If it doesn’t act as quickly as it has compelled the American People to act in granting this money, Americans may feel that they are being had. Notwithstanding, The Street has quite the problem to sort through. It’s truly a […]
Are you familiar with the game of “Chicken?” This is a game that we would play with our bicycles, as children. Starting at opposite ends of a street, two kids would head towards each other until they crash, head-on. The first kid to swerve out of the way, to avoid the inevitable accident, is the […]
Here’s a follow-up on my previous post. I just plunked a few dollars in the GLD ETF, on Monday morning, and it popped up, during the day, thanks to all the Wall Street turmoil. Also, I ran the technicals and, according to fast Stochastic and RSI, it looks like this ETF wants to experience a […]
The Lehman rescue failed and BofA bought Merril. The US stock markets closed low, last week. CBS Marketwatch has negative headlines. The mood is low. It’s 10:30pm on the US West Coast, this Sunday evening, as I write this. How do I think the market will open, tomorrow morning?
At times like this, I wonder […]
The Infamous Current Events/Comedy hour, on Comedy Central, The Daily Show with Jon Stewart, received Ted Koppel for the sixth time. And Ted had a mouthful to say. He was recently in China and brought back a few meaty sentences regarding progress of the middle class, in the world’s most populated country… and its projected […]
In a Financial Times article, dated April 16, 2008, it has been claimed that half of fund managers polled believe that the US Dollar is undervalued, at the present time. See the full article here: http://www.ft.com/cms/s/0/e6f0b82a-0bec-11dd-9840-0000779fd2ac.html
I believe that the dollar is certainly low, relative to other currencies, and compared to the last couple of years. However, in […]
