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taharqa11

taharqa11
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  • Futures point to opening gains on GOP victory; gold dives [View news story]
    I've also done extremely well in the past 6 years, not quite your level but closer to 4 times what it was. I'm glad I didn't get out of the stock market in 2009 because I was afraid of Obama's 'leftist policies', as many others evidently did.
    Nov 5, 2014. 02:31 PM | 1 Like Like |Link to Comment
  • Futures point to opening gains on GOP victory; gold dives [View news story]
    This will be the most Republican congress since.....1929!
    Nov 5, 2014. 08:51 AM | 1 Like Like |Link to Comment
  • Investors Should Pay Attention To Ebola - It Is Getting Worse [View article]
    Artful Dodger, I agree. I also want to say "follow the money". There are a lot of organizations saying they need money, and there are some pretty large figures being tossed around. Some organizations will take the money and put it to good work; other organizations I have real questions about what they do with money, especially in poor countries where there is little accountability.
    Oct 27, 2014. 06:06 AM | Likes Like |Link to Comment
  • Investors Should Pay Attention To Ebola - It Is Getting Worse [View article]
    Curiously, the epicenter of the disease, in the border region of Liberia, Guinea, and SL, has seen a drop-off in the number of cases. Guinea as a whole is not seeing many new cases. I think with the arrival of the dry season there, the health care workers will find it easier to access and treat people. The disease is clearly not easy to catch.

    By the way I'm on the ground in Senegal, watching closely but not very worried about catching Ebola. To borrow a quote, 'The only thing I have to fear is fear itself.'
    Oct 27, 2014. 04:06 AM | 2 Likes Like |Link to Comment
  • Ebola Threatens Global Stock Market [View article]
    That's it. During the rainy season, everything is hot and wet and takes forever to dry. The sun rarely appears. People stay inside their homes and these homes are small and people often have large families. During the dry season people are outside and the lack of humidity dries out moisture very quickly, which would inhibit the survival of the Ebola virus on any surface touched by infected people.
    However, it remains to be seen what will happen. The Ebola virus popped up in December and kept a low profile until about May, about the same time as the rainy season began in earnest, then it spread rapidly. Coincidence? I don't know.
    Oct 10, 2014. 11:13 AM | 1 Like Like |Link to Comment
  • Ebola Threatens Global Stock Market [View article]
    I'm actually living in West Africa right now in a country neighboring Guinea. I've been to Sierra Leone a couple of times way out in the bush, though not during the outbreak. I do think the western media is overblowing this and some of the aid organizations may see this as a way to get more money as well which is why they are throwing such huge money figures around.

    I can't predict the future, but I will be interested to see what happens when the rainy season finally ends here towards the end of November and things dry out. Sierra Leone, Guinea, and Liberia are heavily forested and quite moist when it rains. Ebola really likes moisture and they've had it in a big way since May, but it will be bone dry soon enough, and people will not be stuck inside anymore. Just something to think about.
    Oct 9, 2014. 12:03 PM | 4 Likes Like |Link to Comment
  • Paul Ryan: Ideas for reducing poverty [View news story]
    deercreekvols, I am also at a loss as to what to tell my high school students this morning. I guess I'll just let them take control of their own education and let them surf the web--after all we can trust them to make the right choices. And those essays I spent Sunday afternoon grading can just go into the trash--or maybe Google will grade them. At least it frees up part of my Sundays now.
    Jan 27, 2014. 01:58 AM | 1 Like Like |Link to Comment
  • Kenya, Ivory Coast, Nigeria, And Ghana: The African KINGs [View article]
    I've been living in West Africa for the past 7 years (on a work contract). With the exception of a position in Barclays Bank (BCS), my stock portfolio has no exposure to Africa. I really like living here and expect to be here a few more years, but there is almost no transparency in any activity and the rule of law in terms of contracts and regulations is just a rumor. With that said, I did read the whole article and appreciate the research. Maybe things will change sooner rather than later.
    Jan 20, 2014. 10:49 AM | 6 Likes Like |Link to Comment
  • Annaly Capital Management: Shocking Price Action [View article]
    I'm curious about the plunge in the mREIT preferred shares as a whole....unless these mREITs are going bankrupt I don't see a real reason for such a selloff. Inflation and interest rate increases don't seem like they are enough of a threat to seriously hurt the value of the preferred.
    Dec 10, 2013. 03:10 AM | 2 Likes Like |Link to Comment
  • Paulson buys Greece (Klarman too) [View news story]
    My IRA is up 30% this year alone excluding contributions, and I was only invested 50--60% in equities. Invested almost exclusively Europe since the beginning of the year (SAN, NBG, RBS, IRE, GREK, ALU, NOK). If I don't get stupid (a distinct possibility) it's one less year I have to work in the future. Hooray for the PIIGS!!!
    Oct 7, 2013. 04:09 PM | 2 Likes Like |Link to Comment
  • "Coca-Cola Pops the Top on First Burma Bottling Operation in 60 Years," is the headline on the Irrawaddy Web site as the company becomes the most high-profile multinational to set up business in the country following its re-entry into the international community. Coca-Cola (KO) intends to invest over $200M in Myanmar in the next five years, directly employ 2,500 people and create 22,000 jobs along its supply chain. [View news story]
    Last year I visited a part of Sierra Leone only accessible by motorcycle down 70 miles of dirt trails, only to find....Coca-Cola in the village at the end of the road. Amazing.
    Jun 4, 2013. 06:25 AM | 2 Likes Like |Link to Comment
  • The week's ETF movers - Gainers: TAN +9.6%. XLF +3.7%. UNG +3.4%. GAZ +3.2%. EWJ +3.0%.
    ETF Losers: GDXJ -14.2%. GDX -11.5%. PSLV -7.3%. SLV -6.9%. SIVR -6.7%[View news story]
    GREK is up about 20% this week....
    May 17, 2013. 04:51 PM | Likes Like |Link to Comment
  • Spanish unemployment rose to a fresh record of 27.2% in Q1 from 26% in the previous quarter and topped consensus of 26.5%, with 6.2M people out of work. Youth unemployment increased to 57.2%. The figures "highlight the serious situation of the Spanish economy as well as the shocking decoupling between the real and the financial economy," says Citi strategist Jose Luis Martinez. Ibex -1.1%. (PR[View news story]
    But you have to wonder how many of those people are now working informally and pretending to be unemployed....
    Apr 25, 2013. 05:57 AM | Likes Like |Link to Comment
  • The EU is preparing to take the apparent non-template that is the Cyprus bailout and incorporate some elements of it into a new law that would force haircuts on large deposits in banks that fail, economic affairs chief Olli Rehn has said. Bundesbank Jens Weidmann says that the Cyprus crisis shows that banks can be wound up. Along with Rehn's comments, it also shows that depositors' money is no longer safe in Europe. [View news story]
    Unsure Now:

    West Africa isn't really terribly dangerous but I do enjoy backpacking around the region by myself, which does carry some risk. Alaska would appeal to me if it weren't so cold.

    In terms of my comment about risk and mental stability, people are different. Some people do not like risk, and so they are more comfortable in places where things are predictable and safe. Others find that kind of life suffocating and they may lash out in illogical and self-destructive ways. I was in no way making a blanket statement about behavior or peoples' motivations in developed countries.
    Apr 7, 2013. 05:18 PM | 3 Likes Like |Link to Comment
  • The EU is preparing to take the apparent non-template that is the Cyprus bailout and incorporate some elements of it into a new law that would force haircuts on large deposits in banks that fail, economic affairs chief Olli Rehn has said. Bundesbank Jens Weidmann says that the Cyprus crisis shows that banks can be wound up. Along with Rehn's comments, it also shows that depositors' money is no longer safe in Europe. [View news story]
    WMARKW: That depends. If her small investment portfolio is small because you invested it in Enron, Worldcom, Fannie and Freddie, and MF Global then I'll bet she isn't too pleased.
    Apr 7, 2013. 02:51 PM | 3 Likes Like |Link to Comment
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