Newsweek: Layoff the Layoffs - Our Overreliance on Downsizing is Killing Workers & the Economy
An interesting story in Newsweek, if for nothing else it is the antithesis of almost all precepts of 'dog eat dog' American capitalism corporation socialism. I suppose we can paint this as the war of 'human capital' (now nearly completely disposable) versus 'capital capital'; a pretty interesting opening salvo specific to the airline industry. How this relates to America's "short termism" (make all decisions for the very near term, when most executives and political leaders get the... Continue Reading
Submitted ByTim Iacono
L. Randall Wray looks at the differences between the federal budget and household budgets in this piece at New Deal 2.0 and comes away wondering what all the deficit fuss is about.Whenever a demagogue wants to whip up hysteria about federal budget deficits, he or she invariably begins with an...
Submitted ByTrent Hamm
A long time ago, after posting several articles about using a crock pot to save money and still produce great, quick meals, readers asked me to post ten of my favorite crock pot recipes. Since digging through my recipes and typing them out again in an comprehensible format takes a while, I started...
Submitted ByTim Iacono
Renae Merle at the Washington Post throws cold water on the idea that the "nascent" economic recovery (is anyone still calling it that?) will continue much longer in this story about a subject that seems to slip further and further from the top of everyone's list of concerns - the growing backlog...
Submitted ByDavid Templeton
For the period between the March low in 2009 and year end 2009, low quality stocks drove the market's move higher last year. The better return that was achieved in the lower quality equity assets in 2009 versus 2208 also occurred in other asset classes as detailed below...
Submitted ByTushar Mathur
This book, You vs. Wall Street: Grow What You've Got and Get Back What You've Lost, brings in a fresh insight into how to manage money and bring back what has been lost. The author uses her unique personal experiences to explain this further. The book is a must read “financial bible” and...
Submitted ByMark McQueen
As the Yale and Havard Endowments yank back on their private equity exposure, Canada’s CPP Investment Board has a full 25% of its $123.9 billion in assets exposed to the sector.
Here’s the skinny:
Paid in Capital: $16.509 billion
Reported Value plus Distributions: $17.956 billion
Capital Calls...
Submitted ByForex Trading Blog
Today, Fed Chairman Ben Bernanke will begin 2 days of testimony on Capitol Hill regarding monetary policy. On the heels of one of the worst Consumer Confidence numbers in recent memory it will be somewhat difficult to weed through all of the political wrangling and double-talk that is bound to...
Submitted ByDavid Templeton
One thing that seems almost certain is the next move in interest rates will be a move higher. What will a move higher in interest rates mean for stock and bond investors?
It should be noted longer term market rates have already been trending higher over the past twelve months. The 30-year U.S...
Submitted ByRichard Wilson
Hedge Funds February 2010Preliminary Hedge Fund Data for February 2010Global hedge funds managed to post modest gains in February 2010. A large trend, as reported last week, was betting against the Euro while largely avoiding stocks. Early data for last month shows that the average...
Submitted ByMark McQueen
Hallelujah! Hallelujah! Hallelujah!
Hallelujah! Hallelujah!
For the Lord God Omnipotent reigneth.
Hallelujah! Hallelujah! Hallelujah! Hallelujah!
– Hallelujah Chorus Hymn, Handel’s Messiah
The excitement about the changes to Section 116, as disclosed in Minister Flaherty’s budget, is...
Submitted ByTrader Mark
China tightened (slightly) their fiscal policy overnight, along with relatively weak Eurozone GDP growth are the excuses for today's weakness. This continues to be a listless market that right now is only good for daytraders. It has no memory from day to day and you cannot build...
Submitted ByTrader Mark
Since blog inception summer 2007 I had often made reference to "the supercomputers" and their growing effect on what I was seeing in day to day trading. Ironically August 2007 - the month I began the website - was the first time their footprints really rocked the markets, even as stocks went...
Submitted ByTrader Mark
Judging from what we hear from current Federal Reserve members versus previous members, it appears one is only allowed to whisper about reality once you exit the body. Below we have a 5 minute video from former Fed Governor Robert Heller who opines about many of the same issues discussed on...
Submitted ByTrader Mark
Not surprisingly the never ending melt up is taking away some short exposure... as noted yesterday the advantage in shorting Vulcan Materials (VMC) was it was just below a very close by stop out point, in this case $46.00. I gave it an extra 10 cents to provide me some leeway, and that kept...
Submitted ByTrader Mark
While I exited out of what was left of the position a few weeks ago, Priceline.com (PCLN) continues to impress; another stellar earnings report last night and the stock was up another 5-7% in after hours. This appears to be a very well run company, in the right niche, with a global footprint...
Submitted ByTrader Mark
March 2010 pledge update below; as mentioned in previous posts we are on track for a summer 2010 launch. .
Past month was a strong month with just over $900,000 of pledges from about 45 new investors; this takes the total amount to 114% of the initial goal of $7M. The...
Submitted ByTrader Mark
We've touched on cloud computing in a few posts the last year or so (invested in a few related names along the way), and Barron's had a good sized feature piece in the past month on the subject - although I think their choice of "winners" from the trend was a bit too "one size fits all". [in...
Submitted ByTrader Mark
If I had more long exposure, I'd probably just grab a dart, pick 5 of the names below and toss 2% allocations into a basket of stocks since they all have quite similar set ups and very nice entry points with obvious stop loss areas that in many cases are only 1-2% higher. But with so...
Submitted ByTrader Mark
Existing home sales were just released and they were not good. This number is FAR more important than new home sales released earlier in the week, since 90% of transactions in the US are for existing sales. Now to be fair, just as I derided the mainstream media (financial and otherwise)...
Submitted ByGary Tanashian
You know, I am sorry I do not call these things for blog readers in advance and I realize to some it can look like touting after the fact. Hell, I implore NFTRH subscribers not to trade with me but what I do do is let them see my trades to evaluate how I am marrying the analysis to my own...