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It’s not like the Romans were light eaters, the Egyptians thrifty or the Germans warm and cuddly in their times.
Fear and Greed have always driven bubbles, crashes, empires and the business cycle.
The end of this cycle has the same bullshit, just bigger and badder. More layoffs and bigger fines on the heels of deeper corruption.
You can cry about it or you can dust yourself off and make a small difference. You know where I stand.
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18 Abril, 2008| Economy |
Comments (0) @ 23:14
It always pains me to see photos of myself which is why I rarely post them. When I saw this latest one, I could only think of the mass acreage of forehead between Mike , Jeff and I. We are smiling as if being pitched a cure .
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18 Abril, 2008| Economy |
Comments (0) @ 22:52
I normally disregard these "Are you better off now than you were X years/months/minutes/seconds ago"? surveys. They are usually selective, small sample, tough to generalize, etc. But that said, this Pew summary of 40 years of such surveys among the middle-class in America is remarkable: …
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18 Abril, 2008| Economy |
Comments (0) @ 21:22
How much has the U.S. IPO market improved? One issue expected to be floated next week might answer that question.
The most highly anticipated deal next week might be for Intrepid Potash, a Denver based producer of potash and langbeinite (both used as fertilizer), as the agricultural sector has been all the rage of late….
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18 Abril, 2008| Economy |
Comments (0) @ 18:50
Word On The StreetWORD VIDEO HERETechnology TradeSome big tech names like Yahoo! (YHOO), Amazon.com (AMZN), Apple Computer (AAPL) and Microsoft (MSFT) are set to report earnings next. What is the trade? Finerman disclosed she has been selling YHOO, but her hedge fund is net long the stock and MSFT. Macke said he’s long MSFT and he thinks AMZN will report ok numbers. Adami said he thinks AAPL will crush earnings, but his favorite tech name is Western Digital (WDC). Najarian said watch EMC (EMC) ahead of earnings for next week….
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18 Abril, 2008| Economy |
Comments (0) @ 17:16
Technology TradeSome big tech names like Yahoo! (YHOO), Amazon.com (AMZN), Apple Computer (AAPL) and Microsoft (MSFT) are set to report earnings next. What is the trade? Finerman disclosed she has been selling YHOO, but her hedge fund is net long the stock and MSFT. Macke said he’s long MSFT and he thinks AMZN will report ok numbers. Adami said he thinks AAPL will crush earnings, but his favorite tech name is Western Digital (WDC). Najarian said watch EMC (EMC) ahead of earnings for next week.P…
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18 Abril, 2008| Economy |
Comments (0) @ 17:06
Quicker Than the TickerRecently, Adami said buy Intel (INTC) ahead of the chip giant’s earnings report. He nailed the call and INTC traded up 6%. Finerman advised investors to consider BJ Services (BJS). She was right and the stock surged 13% since her call. On April 1 Najarian told investors to keep an eye on Walter Industries (WLT). He was dead right and the stock jumped 6% since his call. On April 14 Macke said to start building positions in financial stocks like Citigroup (C). Macke was on the money and C shares flew 11% from his call.F…
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18 Abril, 2008| Economy |
Comments (0) @ 16:38
Oh, whatever. (Oil, one year)
Today was a day for the market to laugh in the face of, well, everything. The Dow industrials were supported by a number of names, particularly C…
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18 Abril, 2008| Economy |
Comments (0) @ 16:38
Emails poured into my in-box in response to my column on franchise brokers. It asserted that these brokers ? who interview prospective franchisees and match them with franchises ? may have conflicts of interest that buyers don’t always realize.
18 Abril, 2008| Economy |
Comments (0) @ 15:50
addslashes(The Real Story Wrap: April 18
18 Abril, 2008| Economy |
Comments (0) @ 15:25
addslashes(The Real Story Wrap: April 18
18 Abril, 2008| Economy |
Comments (0) @ 15:19
addslashes(Top Ten Most Searched Stocks on TheStreet.com
18 Abril, 2008| Economy |
Comments (0) @ 15:11
addslashes(Top Ten Most Searched Stocks on TheStreet.com
18 Abril, 2008| Economy |
Comments (0) @ 14:51
What’s Next for Cyber Banks
18 Abril, 2008| Economy |
Comments (0) @ 14:45
Investors hoping to ride China’s stock market run into the summer Olympics in Beijing have found themselves gasping for oxygen. The most dismaying part is that despite a 50% decline in the country’s major stock index, it may still be overvalued.
The benchmark Shanghai Composite Index ended Friday’s trading down 4%, a…
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18 Abril, 2008| Economy |
Comments (0) @ 14:43
Fascinating data out from iSuppli on iPhone usage compared to the average phone for typical tasks. Some eye-opening differences: The big differences? Internet use — no surprise — and music use, where iPhone is used much more often than other devices. On the other side, wonder if people aren’t noticing that the iPhone, is you know, a phone.
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18 Abril, 2008| Economy |
Comments (0) @ 14:33
Couple more things worth reading: Frontiers of real-time data analysis (FRB of Philadelphia) Resolving the U.S. trade balance via the U.S. dollar (NBER/Feldstein)
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18 Abril, 2008| Economy |
Comments (0) @ 14:20
I have a question for the bearish readers of Accrued Interest. I’ve corresponded with many of you and have heard many well-reasoned arguments for a bearish future. And here I’m not talking about those who think the recent stock rally has gone a bit too far and are looking for a 2% pullback. No. I’m talking about those who think that stocks will be lower over the next 2 years, or even longer.So here is food for discussion in the comment section. If you are this kind of bear, what would convince you that you are wrong? In other words, what evidence could reasonably appear which would convince you that your bearish stance won’t work out?…
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18 Abril, 2008| Economy |
Comments (0) @ 14:06
addslashes($$$ First year analyst seeks good looking lady who “shudders at the idea of human interaction.” [craigslist]
$$$ TheStreet.com’s Factually Inaccurate Pump And Dump [TS]
$$$ XM/Sirius Merger [WallStrip]
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18 Abril, 2008| Economy |
Comments (0) @ 14:00
Illinois artist Conrad Bakker, whose art has a habit of raising uncomfortable questions about price and value in the art world, popped round this afternoon on a visit to New York. Conrad makes all his own work - he doesn’t outsource anything or have assistants - and he’s pretty much in charge of selling it, too: while he does exhibit in galleries, he doesn’t have a gallery, and once a show is over he’s back on his own. If you buy one of Conrad’s works, then, there’s a good chance you’ll buy it directly from him, and you’ll know that it was very much he who made it.
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18 Abril, 2008| Economy |
Comments (0) @ 13:59
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