Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Economy
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Thursday July 9, 2015 A one hundred bolivar bill in Venezuela is worth less than 17 US cents. Venezuela, Argentina, and Greece as Maggie Thatcher observed have indeed run out of other people's money.
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Monday Feb 16, 2015 Well here we are again with if not an oil field bust, a huge downturn with lots of jobs eliminated. In the past I have thought it would have been a good idea during these times, i.e., the aftermath, to develop some alternate paths of endeavor for the Permian Basin or…
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Monday Jan 19 2015 Here is a 50 minute interview with Tom Sowell His fifth edition of Basic Economics is the subject of the discussion. It is rare to find an interview with Dr. Sowell as he distrusts most post editing done by somene else. This is a lecuture worth hearing.
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Monday Nov 10 2014 Doug Short analyzes the employment trends. Full time employment is no where near what it was before the 2009 recession. The chart has flipped with more people wokring part time than full time.
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Friday Sept 26 2014 IN a previous post this week and in class I asked if anyone knew who Bill Gross or PIMCO was the firm he founded? No one did but I was spot on as to the big event of the week. The previous hyper link details Bill's bad year. The WSJ and CNBC say Gross…
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Thursday Sept 4 2014 CVS will cease selling cigarettes. Why would a company forgo $2 Billion in annual sales? As this article says, there is more money in health care than in retail. CVS is transitioning to become a health care company rather than a pharmacy convenience store. Thsi as Professor Love would say, is a…
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Thursday Sept 4 2014 Tesla will apparently pick Nevada for its battery factory. This is logical as the article states, the close location to Fremont, the potential for solar energy of which there is plenty in NV, and the business friendly climate of NV versus CA. I am still a bit skeptical that such a…
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Wednesday August 20, 2014 OIl in the Permian Basin is going for $71, and falling to the low 90s in Cushing Ok, the delivery point for the New York Mercantile Oil Contract. Crude oil dropped over 2% yesterday. I have ben wondering for some time why oil prices are so hgih when the world is…
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Weekend May 18, 2014 The Big Picture We have been expecting a transitional top similar to 1973-74. That was a similar period of stagnation as 1966-1984 began and ended with the Dow at or below 1,000, never managing to break out for 18 years. This time some indexes have done that. But the situation from…
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Weekend Sept 14 2013 Another all too common theme is how organizations lose their way. Here is a story on anothe three that lost their way. Sears Holding was a short term darling whe Eddie Lampert added it after buying K Mart out of bankruptcy. But Lampert is a hedge fund manager not a retailer.…
Professor Elam 