Category: Economy

  • Friday March 4, 2011 Tom Friedman offers some insight on the Tipping httphttp://en.wikipedia.org/wiki/Trabant//en.wikipedia.org/wiki/Trabant for the revolts in the mid east. It gets down to the comment Marshal McLuhan made when I was in college, the media is the message. As desperately poor people in the mid east can see how others in the world are living…

  • Thursday March 3 2011 It's men I strip and flip, not companies Lynn Tilton   Well there's a Reality Show that might have some merit!  Lynn Tilton who has gained fame and success turning around companies will or now has her own 'reality' show on the Sundance Channel. Click to take a look. 

  • Thursday March 3, 2011 Here is a presntation from Sony's Annual Shareholder Meeting.  While it goes on and on about how many e mail and cell phone messages are whirling around the world, I would point out that 85% of mine consist of my wife reminding me what I have not done lately, moral, same old…

  • Tuesday march 1, 2011 I checked out Charlie Gasparino's book Bought and Paid for on how Wall Street owns this administration, as well as the last two others. Here Charlie explains why no one has gone to jail. As I have remarked in class, they all thought the government would bail them out as it had for…

  • Monday Feb 21, 2011 Here is an interesting look at the expanding social media and gadget business. Do you Facebook ( like google or xerox, is the word facebook a verb now?)   Sound off I would like to hear how you use social media.

  • Monday Feb 21, 2011 Jeff Gundlach was interviewed in Barrons this weekend. Here is a slide show on how his firm sees the economy. Not good. This is why it will be necessary to arm your self with all the things Bruce Howard discussed. Bruce's recommendations are on a previous post.  And it will be necessary to…

  • Sunday Jan 31, 2011 The Correction Gets a Foothold We titled last weekend’s update ‘Correction Under Way.’  We showed that five waves appeared to be complete from our buy signal at the July lows. We also showed that the Summation Index for the New York Stock Exchange was decidedly lower indicating reduced market participation in…

  • Friday Jan 28 2011 Breakdown President Barack Obama privately pressed Mubarak in a telephone call last week to embrace democratic changes, said the official, who requested anonymity. Secretary of State Hillary Clinton yesterday said Mubarak, in power since 1981, has an “important opportunity” to enact economic, political and social reforms. It’s a little too late…

  • Thursday Jan 27 2011 Rand Paul suggests eliminating Housing, Energy and Most of the Dept of Education, exactly what I proposed in my State of the Union address a few posts back. Paul is the son of libertarian Ron Paul of Texas.  This is real TEA Party stuff, we aren't kidding, overhauls not cutbacks.  

  • Wd Jan 26 2011 I have several links on this blog that you should be reading, here is a good example. Mish Shedlock considers a report on the crisis, agrees, but notes that none of this was the real problem. In his conclusion he notes that most of the real developing problems are being ignored.  Accounting as…