Getting up Off the Mat   Will the Rocky Balboa of the Permian Basin (energy prices) get off the mat?  Or as  Trainer  Burgess Meredith quipped, is he hurt Poimanent!  The answer is that prices are showing bottoming signs though a genuine rally across the energy complex has not begun.  We need all four components…

While surveying the magazine rack at the airport, this article in Wired Magazine caught my eye.  Okay I have not digested it all myself yet but looks interesting, seems David Li came up with a formula for risk that did not quite take every possibility into account. And then the markets melted…..

The Apple Mac that is One author says Apple had best abandon its platinum pricing policy not seeing enough innovation at slightly lower prices to move inventory out the door.  Dell stock has dropped below $9 to $8.88. Apple is about ten times that…..

India is worried. The new administration in the US is making it more difficult for companies to hire workers with certain foreign visas. And now Obama is making it harder to send work overseas, for the Kelly Girl of the Far East, this is bad news.   Just yesterday BRIC was Brazil Russia India China,…

Business Week says it is the worst hiring climate since 2002, the last time the Dow dropped to 7,000. Indeed it is much worse than that because the Dow is still dropping. We have taken out the half way point from the 1932 low of 41, virtually zero to 14,000. NO one knows where the…

Click here to take yourself to the latest tea party.  I mentioned Rick Santelli's rant on CNBC when he asked Chicago traders at the CBOT if they wanted to pay for their neighbor's mortgages. Now folks are saying why work more to pay higher tax rates so my money will be given to people that…

DIVERSITY IN THE CONSTRUCTION OF CITYCENTER CityCenter is a cutting-edge destination, with an urban core that will blend world-class residential, hospitality, retail, gaming and entertainment elements into a synergistic hub of distinctive character.  The $8 billion CityCenter – the largest single privately funded development in U.S. history – will catapult Las Vegas to new status…

And the winner is okay not us but perhaps Business Week was not aware of this diamond in the rough, College Station came in about number 30, my alma mater UT number 10, with their present day massive class size I would not agree quite frankly….

  tell  JIm Rogers  tells Mario Bartiromo where the government is going wrong on its economic fix basically every thing they do. He makes the point that if Long Term Capital Management LTCM had gone bust instead of being rescued by Greenspan, Lehman et al would have lost money and slowed down, instead they speeded up having…

Most introductory economic textbooks note that sole proprietorships tend to die with the owner. The reason si that the proporietor is usually too stubborn to find a suitable replacement, groom the successor, and then step aside. Alas, this is the end of may a great franchise. To wit, here are some examples. Paul Harvey, who…