You feel shame, you know. And then you get free
- San Diego, California, USA
- September 05
- Bagheera Media
- Practicing random acts of factually based thinking.
MY RECENT POSTS
- Meet Fellow Diabetic Cat
December 02, 2013 12:03PM
- Learn About an Extra Special
December 01, 2013 12:59PM
- Humans Have Questions for a
November 30, 2013 12:41PM
- Keep the Feline out of the
November 29, 2013 01:52PM
- Happy Thanksgiving From a
November 28, 2013 03:03PM
MY RECENT COMMENTS
- “I think it got through
since they started crying.
they will never
November 15, 2013 03:53PM
- “Cats can be incredibly
affectionate. Bagheera likes
to hop up
on the bed a few
November 14, 2013 07:21PM
- “Marley is doing much
better. She will walk around
cage, and she will
October 23, 2013 02:59PM
- “Bagheera definitely
enjoys dictating these stories
to me. You
may think I'm
October 07, 2013 03:50PM
- “He's doing much better.
The dog that attacked him and
owners are no longer
September 23, 2013 06:32PM
Tony Wang's Links
- MY LINKS
I am not kidding. Let's think it through.
Karl Marx is quoted as saying "from each according to his ability, to each according to his need."If you have and use insurance, you are a communist.
Insurance companies only collect premiums from those who have the ability to pay them. If someone… Read full post »
Adding to concerns that the latest run up in stocks has taken
them to a level that's not warranted was data from a number of
retailers and technology giant Hewlett Packard.
Retailers from all parts of the provided investors with ominous forecasts. From the discounter end of… Read full post »
Ever wonder how the credit card companies make a lot of money?
First of all, there's how they work the game. Remember the old three, six, three rule? That was the joke about bankers. Take it in a six percent, lend it out at six percent, and be on the golf… Read full post »
As you know, Wall Street brokerages make recommendations to
their clients on what to buy, what to sell, and what to hold. And
many investors take their advice. How would investors have done if
they listened to these pundits?
Well, if they listened to the pundits starting this spring, when many of… Read full post »
First, housing starts declined in July by one percent. Economists had expected a 2.7 percent increase, so the decline was a big surprise. And the year over year figures were not positive,…
Today on NPR's Morning Edition, they played a clip of Chuck Grassley's comment about Ted Kennedy's brain tumor and Britain's health care system.
Last week, we had Germany and France reporting growth in their GDP. And in another sign that the global economy is coming out of recession, Japan's GDP swung to growth. Japan's GDP grew at an annualized rate of 3.7 percent, ending the longest recession in… Read full post »
As you may know, Typhoon Morakot slammed into Taiwan on August 11. The storm. which packed winds of 90 mph, dumped tremendous amounts of rain on the island. It wasn't the winds that were the problem. It was the rain. The storm lingered for much longer than expected, and that c… Read full post »
If you listened to the hearings for the confirmation of Justice Sonia Sotomayor, you would have been excused for thinking that the Supreme Court was going to hear a case on the constitutionality of the phrase "wise Latina." Or that they'd decide a case related to… Read full post »
For the first time in five weeks, the markets showed a weekly decline. The S&P 500, while holding above the psychologically important 1,000 mark, dropped to 1,004, a drop of 0.6 percent. The Dow also dropped, falling to 9,321, a loss of 0.5 percent.… Read full post »
It's been a busy week for economic data. We've had data on productivity, the Fed's release of minutes from its latest meeting, retail sales, and jobless numbers so far. And the data will continue to flow, as today we get the CPI, consumer sentiment, capacity… Read full post »
In the United States,
retail sales, unemployment, and foreclosure numbers threw a little
cold water on optimistic predictions by economists and the Fed.
However, in Europe, the situation was different.
The German and French economies had growth of 0.3 percent in the second quarter, far outperfor… Read full post »
Lately, we've been seeing economic data that shows the economy is turning. Yesterday, we had the Fed say in its statement that the economy has started to flatten out. We also saw much more optimism from professionals surveyed by Bloomberg. This, combined with additional… Read full post »
The Fed said that while economic conditions will remain weak, economic activity is leveling out. The…
According to respondents throughout the world surveyed by Bloomberg, the global economy is starting recover. That drove the Bloomberg Professional Confidence Index to 58.1, a huge jump from the 39.1 recorded in July. Values of over 50 on the index show optimism and those below… Read full post »
If ever there was a program which shouldn't have the name
clunker in its name, it's the Cash for Clunkers program. Officially
known as the Car Allowance Rebate
add 0.5 percent to GDP according to an economist at General
Now researchers from the… Read full post »
Twelve comments. A count of 154 people who read the post. Some happiness at being chosen as a post worthy of being tagged an editor's pick. An interesting discussion with people who have different viewpoints.
That is the amount of revenue that I generated with the pick I… Read full post »
As previously noted,
one of the biggest market movers this week will be the Fed
announcement on interest rates, which will be released on
Wednesday at 2:15 PM Eastern.
In the meantime, based on the results from yesterday's trading and trading so far today, it looks like… Read full post »
At a conference on renewable energy in Las Vegas, Bloomberg's
Lizzie O'Leary got T. Boone Pickens to give an interview on a wide
range of energy topics.
You can see the video here.
One of the first things that Pickens said is that we will have climate… Read full post »
Remember the doom and gloom predictions in mid-March from many
analysts? They were saying there was a case to be made for the
plunge to 5,000 and the S&P 500 to drop to 500.
So some skepticism is in order when looking at the… Read full post »
Lately, you've heard a lot of politicians railing against the
health insurance companies. Speaker of the House Nancy Pelosi went
so far as to call insurance companies
"immoral" and "villains."
One of the selling points of the public option is that since it won't have to… Read full post »
There is an old investment adage, sell in May and go
away. It's one of those phrases that nobody knows the origins
of, but which has been passed down through the years.
But as the chart below shows, if you listened to that advice, you'd end… Read full post »
This morning, the Labor
Department released July jobs data. The data came in much
better than expected, and will likely cause the markets to pop.
July payrolls shrunk by 247,000 after a revised 443,000 drop in June. The consensus estimate by economists was for a drop… Read full post »