Archive - May 29, 2013 - Blog entry
Are We There Yet?
Submitted by Vitaliy Katsenelson on 05/29/2013 13:35 -0500- AIG
- Apple
- Australia
- Bank of America
- Bank of America
- Bear Market
- Berkshire Hathaway
- Brazil
- Charlie Munger
- China
- Citigroup
- Commercial Real Estate
- Corruption
- Eurozone
- France
- Global Economy
- headlines
- Japan
- Jeremy Grantham
- Kool-Aid
- Las Vegas
- Market Timing
- Norway
- Real estate
- Recession
- Value Investing
- Volatility
- Warren Buffett
- Yen
One of the problems with QE is that the Fed is forcing people to buy riskier investments than they otherwise would have. The immorality of their actions aside, they create a significant psychological mismatch between assets and their holders. Stocks are in weak hands, insuring one great stampede for the chairs when the music stops.
Housing Bubble II: Euphoria And Other Shenanigans
Submitted by testosteronepit on 05/29/2013 11:31 -0500The good old days are back, those of the last housing bubble when money grew on trees.
Tax Burden in EU
Submitted by Pivotfarm on 05/29/2013 11:28 -0500Algirdas Šemeta, the European Commissioner responsible for Taxation and Customs Union, Audit and Anti-Fraud has announced in a speech that there are ten nations in the EU that need to cut the tax burden on labor if they are going to aid the growth of the European Union. They are hindering investment and holding back output of firms across the EU, although he admits that it is not reducing the tax burden alone that will solve the problems of the economic crisis.
Shanghai Gold Volumes Surge 55% As Singapore and Indian Brokers Sold Out
Submitted by GoldCore on 05/29/2013 10:35 -0500
Gold edged higher today supported by strong physical demand internationally and especially in Asia.
Demand in the physical market continued to hold prices near $1,400/oz as the recent drops in the spot market encourage buyers internationally to accumulate bullion.
EURO GHouLS: THeY SuCKeD THe YouTH oF EuRoPe DRy To SaVe THeiR ZoMBiE BaNKS...
Submitted by williambanzai7 on 05/29/2013 10:21 -0500Now they are here to help: Prepare for intensive Mandarin lessons for retail, hotel and hospitality trainees and fast track privatization interns.
Did Stocks Just Pose a False Breakout?
Submitted by Phoenix Capital Research on 05/29/2013 09:18 -0500A false breakout occurs when the market breaks out of a technical formation in one direction then fails to follow through on the move. Looking at the rising wedge pattern in the S&P 500 this appears to be happening now.
Blackberries, Apples & Fruit Borne Successitis - The Problem With Excess Profits Is Hubristic Management Tends To Take Eyes Off
Submitted by Reggie Middleton on 05/29/2013 08:46 -0500Tim Cook was in the media yesterday saying that market share doesn't matter, profits do. Ahem, maybe you should listen more closely to your ex-boss, Steve Jobs!
Walmart Fined $82 million for Waste Disposal
Submitted by Pivotfarm on 05/29/2013 04:23 -0500Walmart has just been landed with a hefty $81.6-million fine for dumping waste in both California and Missouri.
The investigation has been on-going now for almost ten years. Walmart has admitted that they dumped pollutants into drains in California and Missouri, as well as throwing toxic waste into trash bins rather than paying to have it treated and dealt with properly.
