Professor Elam
Accounting & Investing Info for San Antonio A & M
about
Category: Economy
-
Elizabeth Warren explains the TARP fiasco on the Daily Show.
-
Cupertino, CA Apple Computer announced the highest profit and gross revenue in its history. It is now a $50 billion sales company. Steve Jobs at the much anticipated Apple iPad Announcement Conventional wisdom has it that earnings drive stock prices, so Apple stock went up on these announcements, right? As a matter of fact Apple…
-
Thursday January 28 2010 While Mr. Friedman and I do not come to all the same conclusions he draws in this column, his comments about Goldman and situational ethics are spot on. Yesterday in Ethics class we discussed the idea that an ethical person does not change his or her position based on the situation.…
-
Thursday Jan 28 2010 TLT is a closed end fund of bonds averaging 25 years in maturity. The market has been descending in price and increasing in yield since the top last October. It should now be falling in a fifth wave for this formation. The action after that daily fifth wave bottom will…
-
Ben Bernake Fed Chair is up for re appointment. Here is an excellent article that frames the question. The article points out that the FED has not produced al the documents about saving AIG which of course saved Goldman. Recall that Lehman was not saved. I have assigned several articles for the intermediate and ethics…
-
Tuesday Jan 26, 2010 Mish and the WSJ hold forth in the Bernake appointment as FED Chair. After reading this article. put it together with the last post. Jim Rogers says that one of the two bubbles in the world is the American debt, ie, we cannot keep borrowing without producing. And re appointing Bernake…
-
Tues Jan 26, 2010 Students may not be aware that one of the premier International Analyst Groups in the world is in Austin, Texas, Strategic Forecasts STRATFOR. It was actually started by an ex Texas State Professor. Here are their predictions for the next decade.
-
Tuesday Jan 26, 2010 Here is a Bloomberg interview with Jim Rogers. go to Amazon.com, enter Jim Rogers, and scan the books he has written. We used to read his tour of the world book in cost accounting. Rogers sold his townhouse in NYC before real estate fell apart and moved to Singapore, the future…
-
Monday Jan 25, 2010 Wal Mart thru Sams Club will lay off 11,200 promotional workers. But what caught my eye was the corporate speak used to justify it. "We look at this as an investment in the in-club experience," Cornell said in an interview. "This is not a cost-cutting move for us in the short…
-
Sat Jan 23, 2010 We brought you the story on Museo Alameda November 23, 2009. This is a Latin themed Museum in the Market Square. Market Square is an area the local govt has tried to promote, albeit unsuccessfully. Now the lead editorial in today's Express News is expressing understandable concern about the project. it…
Professor Elam 