Economy Blog

Last week General Electric (GE) released good results which met expectations. Infrastructure business unit grew its profit by 26% in forth quarter. This segment makes up 40% of GE total earnings.More than 50 percent of GE revenues now coming from outside the U.S.Still strong global demand and weak USD are major factors which are helping US companies with international focus. The question is if this is already reflected in stock prices. But investment to exporters and multinationals is still smart play….
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Someone sent me a few of these videos of Pizza Hut employees dancing in the Pizza Hut store. Little known to the sender is that the Pizza Huts in India are owned by a franchisee and not controlled by Pizza Hut Corporate USA (they were wondering if the employees were breaking any cororate rules). Besides, the dancing and music are great!

Video is below:

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For our weekend light business coverage, I managed to find these statistics relative to India. An interesting look at diversity of family food intake by country. It’s amazing how different we eat based on where we live. The cost varies widely as well. Germany: The Melander family of Bargteheide Food expenditure for one week: 375.39 Euros or $500.07 …
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By Vipin Agnihotri In my opinion, the appreciation of the rupee against the dollar has severely eroded the profit margins of Indian exporters, forcing them to contemplate drastic measures such as minimizing workforce. Most of the Indian exporters are losing orders because of the increase in the rupee value. N…
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Write-downs for high-risk, high-yield corporate debt, known as ‘junk,’ could dwarf losses in the mortgage mess. And that’s when this financial crisis will finally hit bottom….
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The gong has not yet rung. The hammer is not yet cocked. We find this a bit surprising, but that is why one follows a disciplined system….
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Cramer got CRUSHED on this bet. Bolling’s the man, too bad he left Fast Money….
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Fox timed the launch of their new business channel perfectly!…
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how does emotional intelligence show up in trading practice? Below I offer pairs of behaviors contrasting emotionally intelligent and unintelligent trading….
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