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 […]
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 […]
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 […]
Yesterday, President Obama announced that the US’s top problem is energy independence and has started the process of improving the country’s commitment to reducing pollution and to start developing alternative energy sources in tandem with building automobiles that are more energy efficient. And, all this would culminate in developing a new energy landcape in the […]
I found the following Forbes.com article on Yahoo Finance: Where You Won’t Shop in 2009.
It’s a pretty scary statement on the future of retailing. Anyone considering a job or investment in retail to ride out the recession, please take notice. It will take a keen student of human behavior, sociology, and anthropology to imagine consumer-facing […]
On CNBC, today, there was a discussion about financial support for the auto industry and that Michigan is now pointing to other countries that support their car makers, including Canada that has supported the US car industry with $3 billion.
And this got me thinking, again. What happens if all car making countries that are, not […]
In a somewhat surprising turn, consensus of the US government fell to the side of not bailing out the Big 3 auto makers in Detroit. And stock markets took a pounding. Based on positive signs in said markets, through last week and early this week, there was a clear sense that the multi-billion dollar bailout […]
