Archive - May 18, 2010 - Blog entry
Futures charts; May 19th
Submitted by Cheeky Bastard on 05/18/2010 23:10 -0500Futures charts + open thread
Calpers Dreaming of Dow 28,000,000?
Submitted by Leo Kolivakis on 05/18/2010 21:11 -0500OPA! Californians are going to suffer a major Greek hangover and they can thank former Governor Gray Davis and rosy investment projections from Calpers that back in 19999 projected the Dow Jones would reach roughly 25,000 by 2009 and 28,000,000 by 2099. That's not a typo...Dow 28,000,000!
Solution to the Budget Crisis – Do Nothing!
Submitted by Bruce Krasting on 05/18/2010 17:09 -0500Higher taxes are coming. Which ones? Will it work?
What Can Gulf Communities Do To Protect Their Beaches from the Oil Spill?
Submitted by George Washington on 05/18/2010 13:02 -0500I could try to justify this as on-topic for investment, business or the economy. But I'm honestly just posting this as a public service to those who live in Gulf coastal communities.
Gold Bubble?: A Brief Look at Historical Bubbles
Submitted by Expected Returns on 05/18/2010 12:06 -0500As gold climbs to new highs, you will get a real-time lesson in why most people make very little if any money investing. Gold is the most obvious bull market of our generation and the public still refuses to participate in force because of nominal prices. This is baffling, but I'm not complaining since this widespread inability to pull the trigger on gold has allowed me to accumulate at relatively cheap prices.
Where to Buy on this Dip
Submitted by madhedgefundtrader on 05/18/2010 08:57 -0500There is a new war underway between two forms of capitalism. Western style multinationals are currently on the defensive. Look what happened to Google. An in depth interview on Hedge Fund Radio with Ian Bremmer, president of the Eurasia Group, one of the top independent political research and analytics firms in the world. A tour de force of the global investment landscape. Buy China, avoid the US, and kiss Europe and the euro goodbye. (GOOG), (SPX), (EZU), (FXI), (FXE), (EWA), (EWC), (EWY), (EWT), (THD), (IDX), (EWS), (EWZ), (ECH), (EWW), (RSX)
