sticktoitiveness

Ahead of Black Friday: Has Consumer Confidence Been Restored?

"leaving overworked and underpaid analysts awash in data as they desperately"

Oh yes, those poor underpaid analysts.

Black friday will probably be good. Value is the order of the day, and even vultures like me will have competition for deals. It is the high margin cool toy or electronic that is in trouble, not the 18 dollar microwave.

The Truth Behind China's Currency Peg

And just who decides what the universal minimum wage would be? The UN. What a joke.


On Nov 22 12:01 PM User 499426 wrote:

> I complement this article. However, I wonder how in a global economy
> without a universal minimum wage, where in 2008 the average Chinese
> worker made roughly $3,400 and the average American worker $28,000,
> how will American manufacturing regain much traction, even in a de-pegged
> environment? It will still be Chinese quasi slave labor against
> a much more generous American pay scale. Or should Americans accept
> the Chinese pay scale? There are two answers to that question: 'no'
> and 'no way'.
>
> The global economy should be transparent with a minimum wage and
> no trade barriers whatsoever so that politics, trade manipulation
> and exploitation are replaced by fair and humane business competition.
>
>
> But the global economy slave trade that has made America into a non-manufacturing
> nation is strong. The only thing that seems to throw a monkey wrench
> in it is when fuel prices rise to levels that make shipping goods
> from exploiter to exploitee too expensive, like when oil goes north
> of $120, which it will again. Then America will have to manufacturer
> its own goods out of necessity. But we shouldn't wait passively
> for that time, but instead should be manufacturing and inventing
> now, especially in alternative energy.
>
> The best way to correct currency disparities is to correct the business/trading
> environment, which will benefit the majority of the people on the
> planet. That is not to counter Mr. Schiff's observation that there
> will be a great quantity of pain comingwhen de-pegging occurs, but
> that this is the correct, hard-medicine route that we need to take,
> removing a great market manipulation from the system.

The Truth Behind China's Currency Peg

Isn't it amazing that t-bills can have a negative yield with our debt and obligations?

"endless flow of debt financing from China. These purchases are the means by which China maintains the relative value of its currency against the dollar."

So we can't force china to pay depeg unless we stop issuing debt. But we won't learn fiscal responsability until we depeg. Catch 22.

More Interest in Smallcaps, Now that Largecaps Viewed as Riskier?

"You might buy 10 small caps in the hope that one will make it big"

If you are that sort of speculator, good luck. We are fortunate enough right now to have stocks trading at or below the liquidation value. Add that some still pay nice dividends and can easily be bought out. What you can have in some cases is low risk takeover candidates that pay you to wait.

The SEC Surrenders to the Oil Industry

"Didn't they have any English teachers at Cambridge or Harvard?"

Salmon is a graduate of the University of Glasgow.

The SEC Surrenders to the Oil Industry

Mark to market. No wait Reprice to reserves. Has a nice ring to it, don't you think?

10 Reasons to Believe That We're in a Depression

"Baby boomers who’ve lost jobs in this period realize their chances of finding one last job before retirement, at their last income level, are extremely low."

Come on, be a little more upbeat. When your baby boomer is 80, and has to decide if she should eat today or turn the heat on, she can warm herself with the thought that because she doesn't work there is less completion for the young people.

KSW Will Soon Be Back to Business as Usual

I bought ksw at 2.05. The backlog is strong (more than the market cap), but I just think it's a hold at these prices. They lowered the annual dividend, which was a big reason to own it. And that huge cash cushion I loved, doesn't cover the stock price any longer.

Timber! The Best Way to Play a Change in Housing Sentiment

Madhedge

What about (f) they are refraining from harvesting lumber until they can get a good price. The trees just keep growing when they aren't harvested. PCL is on my watchlist and they have done just that.

13 British ADRs Increasing Dividend Payments

Ya man their government lost it's AAA rating 6 months ago and they just don't have the natural and political resources the US has.

Time for the U.S. Economy to Reindustrialize

Long flight, I wonder if they deliver.

Time for the U.S. Economy to Reindustrialize

What are you smoking, and where can I get some?

U.S. Job Losses Demystified

Yep optiongirl, just look at transocean.

Banco Santander: Back Door into Brazil

"STD is currently yielding around 5%"

That has to be one of the worst ticker symbols of all time. I guess Palmaris Capital already took PMS.

Excitement Could Fade Again After Another Toll Brothers Earnings Surprise

I don't know where that quarter came from, but they hit the ball out of the park. The big money could be leaving toll on any strength. The thesis behind owning toll was that they could use their horde of cash to buy up land on the cheap, thereby lowering their raw costs for years to come. Toll has already said they just couldn't get the land they wanted at the price they wanted.