only been to Portugal once, but it was very memorable: 1) only place in the world that I've been to where the food is even more unhealthy than in the US 2) The people are simply amazing. Friendly and love to practice their English. 3) beer and wine are cheap
Florida isn't really as competitive as the poster makes it out to be. I remember seeing somewhere that the labor productivity in Florida is way lower than states such as MA, CA, NJ, or TX. BTW, the weather in Florida is crappy and way overrated, and the only reason that they are doing better than Spain is because of massive fiscal transfers from Washington to Florida.
The Impending Implosion Of StoneMor Partners [View article]
the revenue stream from a cemetery lot is non-recurring. You only get buried once! However, the maintenance cost goes on forever. 3X EBITDA is a number that can be pulled out of thin air by underfunding the trusts which are required to maintain the tomb in perpetuity.
with even a small possibility of Germany converting to the d-mark, I'd expect German yields to go negative for those issues which would be repaid in d-marks.
anyone with recommendations on going long the german housing market? The trends that helped create the rising housing market (capital inflows, interest rates too low for Germany, devaluing Euro) are still in place, and will be in place for at least 5 more years.
The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%. [View news story]
honestly, a reasonable compromise would be to do both the Rep and Dem ideas. They are both a step in the right direction.
The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%. [View news story]
They should do both! Or even better cut the corporate tax rate to zero and set all dividend and cap gains rates to ones regular income tax rate
Why Buffett Is Not Wrong Regarding Gold [View article]
If you look at very long-term charts of the value of gold, you see that it doesn't even do a good job at preserving purchasing power. Plus its purchasing power is very volatile.
doesn't seem weird to me, but just consistent behavior. But I know nothing about the company, except that they throw stem cells on an artificial windpipe. I'm not really qualified to comment :)
A Simple Insight Into Market Direction [View article]
I'd argue that bad news and the possibility of worse news is not really priced in at all. I never try to predict the market in the short-term, but the long term value indicators (e.g., Shiller PE, Tobin Q) all say that the market is expensive by historical standards.
Once plagued by budget delays, California is set to pass the new FY program on time for the second year in a row after a deal yesterday between Governor Jerry Brown and legislators. The $92B agreement, a mix of spending cuts and a tax hike, plugs a $16B deficit and should improve California's reputation amongst muni-bond investors. [View news story]
lol.. right, a budget gap that was less than 1% of California GDP... frightening!! meanwhile unemployment in Spain is > 20%.
As usual, a lot of handshaking but not all that much action from the G-20, where leaders urged European nations to integrate their banking systems and calm financial markets but deferred concrete decisions to future meetings amid worries of another crisis. [View news story]
"we certainly are not coming here to receive lessons from nobody" which would have been encouraging, if the speaker meant what was literally said.
Florida Might Be Like Spain! [View article]
1) only place in the world that I've been to where the food is even more unhealthy than in the US
2) The people are simply amazing. Friendly and love to practice their English.
3) beer and wine are cheap
Florida Might Be Like Spain! [View article]
BTW, the weather in Florida is crappy and way overrated, and the only reason that they are doing better than Spain is because of massive fiscal transfers from Washington to Florida.
The Impending Implosion Of StoneMor Partners [View article]
Time To Bet Against Germany? [View article]
Time To Bet Against Germany? [View article]
The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%. [View news story]
The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%. [View news story]
Why Buffett Is Not Wrong Regarding Gold [View article]
Why Buffett Is Not Wrong Regarding Gold [View article]
Harvard Bioscience: Developments Appear Extraordinary [View article]
Harvard Bioscience: Developments Appear Extraordinary [View article]
A Simple Insight Into Market Direction [View article]
Solar Innovation Marches On [View article]
Once plagued by budget delays, California is set to pass the new FY program on time for the second year in a row after a deal yesterday between Governor Jerry Brown and legislators. The $92B agreement, a mix of spending cuts and a tax hike, plugs a $16B deficit and should improve California's reputation amongst muni-bond investors. [View news story]
As usual, a lot of handshaking but not all that much action from the G-20, where leaders urged European nations to integrate their banking systems and calm financial markets but deferred concrete decisions to future meetings amid worries of another crisis. [View news story]
which would have been encouraging, if the speaker meant what was literally said.