Thrilling Thursday Finish: 1,565 Then Bust [View article]
Based on the above would this be a good time jump out and take a small postion as an opportunity to short via the DOG or SDS at these levels and end of quarter window dressing.
Whipsaw Wednesday: Down And Up We Go [View article]
The minting of 16 + 1 Trillion dollar coins to hide the debt looks like a Madoff scheme at best.
What is really required is cuts in government and neither Republicrates have the guts to cut the bloated defense budget, corporate welfare or social welfare programs that are out of hand.
It is not a revenue problem but a spending problem to address.
Also this talk about going back to the Clinton tax rates is fine but lets go back to the Clinton spending levels for 1 year and see what happens. Would have a surplus or close to it.
The nuclear option of $1+Trillion dollar coins will only work if spending is cut to run a surplus even small would be a major step to have this work.
As a coin collector guess this coin will not be in my collection.
Bloomberg reports Pres. Obama will offer a mini-deal to avert some of the effects of the fiscal cliff’s tax and spending changes, including delaying or replacing some automatic spending cuts scheduled to begin Jan. 1. A mini-deal could include a cap on tax increases at $400K in earnings and an alternative minimum tax patch. Stocks remain stuck in the red. [View news story]
Kicking what is this going to accomplish. Taxes raised and spending cuts of any are delayed. What a joke.
Which Way Wednesday: Cliffmas Is Upon Us [View article]
Phillip,
My question on housing is what about the shadow inventory that the banks are holding on house they have not foreclosed on in the past couple of years. Keep hearing about a shadow inventory of foreclosed homes that banks are trying to keep off or slow feed back into the market. Would this level of inventory not have an impact for 2013 for the housing industry.
Nike (NKE) wins a guarantee from legislators in Oregon that the state will compute taxes on the company in the same method for the next 30 years even if state laws change. As part of the arrangement, Nike will invest at least $150M in the state and add 500 new jobs by 2016. In order to maneuver its way, Nike let other states dangle offers in front of it. [View news story]
Great now everybody else has to pay for Nike's share of the tax. Especially the SMB's. Guess this is an example of the problems we face in this country. Big play by different rules and everybody else will suffer.
Thrilling Friday 15,000 Finish [View article]
Thank You
The 9 Levels Of Biotechnology And Who Should Invest: Part 2 [View article]
Thrilling Thursday Finish: 1,565 Then Bust [View article]
Thrilling Thursday: Tweeting Our Way To Oil Profits [View article]
Thank You
14,400 Friday: Finishing Off Another Fabulous Week [View article]
Thank You
MLPs Offer High Yields And Growth, Building Energy Infrastructure [View article]
Another excellent article and work.
Thank You
Friday's Fantastic Finish: Russell All-Time High, S&P Catching Up [View article]
Whipsaw Wednesday: Down And Up We Go [View article]
What is really required is cuts in government and neither Republicrates have the guts to cut the bloated defense budget, corporate welfare or social welfare programs that are out of hand.
It is not a revenue problem but a spending problem to address.
Also this talk about going back to the Clinton tax rates is fine but lets go back to the Clinton spending levels for 1 year and see what happens. Would have a surplus or close to it.
The nuclear option of $1+Trillion dollar coins will only work if spending is cut to run a surplus even small would be a major step to have this work.
As a coin collector guess this coin will not be in my collection.
Bloomberg reports Pres. Obama will offer a mini-deal to avert some of the effects of the fiscal cliff’s tax and spending changes, including delaying or replacing some automatic spending cuts scheduled to begin Jan. 1. A mini-deal could include a cap on tax increases at $400K in earnings and an alternative minimum tax patch. Stocks remain stuck in the red. [View news story]
Which Way Wednesday: Cliffmas Is Upon Us [View article]
My question on housing is what about the shadow inventory that the banks are holding on house they have not foreclosed on in the past couple of years. Keep hearing about a shadow inventory of foreclosed homes that banks are trying to keep off or slow feed back into the market. Would this level of inventory not have an impact for 2013 for the housing industry.
Michael,
Retirement Investing For Patient Investors In Search Of High Returns [View article]
Nike (NKE) wins a guarantee from legislators in Oregon that the state will compute taxes on the company in the same method for the next 30 years even if state laws change. As part of the arrangement, Nike will invest at least $150M in the state and add 500 new jobs by 2016. In order to maneuver its way, Nike let other states dangle offers in front of it. [View news story]
Fiscal Thursday: To Cliff Or Not To Cliff - That Is The Question [View article]
Big Money Betting On Commodity Bear Market [View article]
Poland Rises In World Bank Report [View article]