http://accrongroup.com/wordpress1 Where thinking investors share ideas & information about the economy & the market Mon, 16 Aug 2010 20:04:34 +0000 http://backend.userland.com/rss092 en 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 ... http://accrongroup.com/wordpress1/?p=109 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 ... http://accrongroup.com/wordpress1/?p=108 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 ... http://accrongroup.com/wordpress1/?p=107 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 ... http://accrongroup.com/wordpress1/?p=106 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 ... http://accrongroup.com/wordpress1/?p=104 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 ... http://accrongroup.com/wordpress1/?p=103 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 ... http://accrongroup.com/wordpress1/?p=102 It's now a few days into my JPM prediction and you may be wondering why, with the stock clearly below my $20 floor, I'm still optimistic? Nothing will happen in a day or two. Technicals showed that the price of this stock needed to ease up a little. That said, today's ... http://accrongroup.com/wordpress1/?p=100 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 ... http://accrongroup.com/wordpress1/?p=98 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 ... http://accrongroup.com/wordpress1/?p=97