The French Wildcard: Francois Hollande [View article]
Interestingly enough Credit, a recent article on Zero Hedge followed up Hollande's "millionaire tax pledge" noting an interesting turn of events. Hollande already has substantially backtracked on this tax pledge after the French citizenry became aware that many of their favorite soccer players would likely be adversely effected. Apparently success in the World Cup trumps budgetary and so-called social justice issues.
The French Wildcard: Francois Hollande [View article]
I agree that the election of Hollande would add further instability to an increasingly unstable situation. My cynicism to the political process in general and to politicians specifically lead me to suspect that Hollande's rhetoric should not be viewed as anything other than a possible initial bargaining position which will almost certainly moderate from his current position. As w/ any politician, his goal is winning an election, first and simple.
Greece may need a 3rd bailout of €50B as soon as 2015 according to a draft of the recent Troika report on the country, reports Der Spiegel. This unpleasantry was left out of the final report under pressure from the German government. [View news story]
I pose this as a serious question bbro but outside of hope itself, is there anything that you see pertaining to the Greek situation leading you to expect that this latest proposed bailout will be the last Greece needs? I see this exercise as nothing more than a delaying action at best.
Here's an interesting twist on the employment picture: Dentists across the country are noticing an increase in new patients coming through the door. Why? More people with health insurance as a result of getting full-time jobs. [View news story]
I know what you mean Terry! The year before Obama was elected I came down w/ the flu. Since Obama's election, no flu. This can only reasonably be attributable to Obamacare. Proof it works!
Alcatel Lucent Still Has Vast Upside Potential [View article]
Can a company w/ 80K employees really be "a dedicated streamlined organization"? The network infrastructure business is a difficult business to make money in and while I believe ALU has a good chance of being one of the survivors, I am more sanguine on the status as an investment vehicle.
Tesla Battery Fiasco Shows 'It's Never The Event, It's The Cover-Up' [View article]
Fair enough point Dave M, but your argument, misses what I believe will be the more likely response by consumers familiar w/ the situation. The American public, for better or worse, has increasingly outsourced everything, including application of common sense, to others. In this case, keeping a battery charged seems a reasonable requirement up and until one learns that failure to do so will cost an owner up to $40K to fix a seemingly simple problem.
I rather suspect many will view this scenario as too draconian and therefore unjust.
If the plan stands, this would likely provide incentive to app developers economize provision of their service, something app developers rarely if ever consider. This could be abused of course but if implemented appropriately, may help force app developers and proprietors to streamline and preserve spectrum resources. For the record, I do not own AT&T stock although I have positions in other wireless carriers.
"The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP). [View news story]
Good news Tclark, $5ish oil will indeed "destroy" demand although not as quickly or perhaps as much as we would like.
Berkshire (BRK.A, BRK.B) decides on an eventual successor for 81-year old Warren Buffett, but refuses to disclose his or her identity. Buffett, who has no plans to step down, expects a "seamless" transition. It remains to be seen whether an anonymous heir apparent will suffice to appease shareholders' concerns about a post-Buffett Berkshire. [View news story]
"The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP). [View news story]
Interesting Lake! What your comment about SPR suggests is that more supply will lower costs. So we do agree on general market principles. Given this, I wish the Administration would accept reality instead of trying to reinvent it, something in which they or anyone else will fail to do.
Supply can and eventually will place a damper on these things. Unfortunately, this Administration only relies on proven principles when it absolutely and positively has to - release of SPR is a perfect example. The problem is that this move is unequivocally not strategic, and its use for this purpose absolutely undermines it's nominal purpose.
Berkshire (BRK.A, BRK.B) decides on an eventual successor for 81-year old Warren Buffett, but refuses to disclose his or her identity. Buffett, who has no plans to step down, expects a "seamless" transition. It remains to be seen whether an anonymous heir apparent will suffice to appease shareholders' concerns about a post-Buffett Berkshire. [View news story]
After all the talk about her, I half way expect them to name Warren Buffett's secretary as successor. Who else w/out oodles of campaign cash can successfully influence government policy or direction?
The End Of Ordinary Commodity Cycles: ETFs To Play This Emerging Trend [View article]
Sorry to quibble but analysis of the solar system does suggest other planets and some moons as well, evidence many geological processes similar to the Earth's. While I can't specifically recall if plate tectonics is one of them, I wouldn't doubt that it was.
Geneva Motor Show Highlights - The Revenge of the Internal Combustion Engine [View article]
The French Wildcard: Francois Hollande [View article]
The French Wildcard: Francois Hollande [View article]
Greece may need a 3rd bailout of €50B as soon as 2015 according to a draft of the recent Troika report on the country, reports Der Spiegel. This unpleasantry was left out of the final report under pressure from the German government. [View news story]
Here's an interesting twist on the employment picture: Dentists across the country are noticing an increase in new patients coming through the door. Why? More people with health insurance as a result of getting full-time jobs. [View news story]
Alcatel Lucent Still Has Vast Upside Potential [View article]
Tesla Battery Fiasco Shows 'It's Never The Event, It's The Cover-Up' [View article]
I rather suspect many will view this scenario as too draconian and therefore unjust.
Economic Data, Greek Progress Keep Bears in Check [View article]
AT&T (T) says it will allow mobile app makers to pay it for any data traffic generated by its apps, thereby allowing users to avoid metered data charges. The offer comes as mobile data traffic continues to skyrocket, and AT&T witnesses a backlash to its efforts to throttle download speeds for heavy users. [View news story]
mREITs: Golden Era Or Dark Age? [View article]
"The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP). [View news story]
Berkshire (BRK.A, BRK.B) decides on an eventual successor for 81-year old Warren Buffett, but refuses to disclose his or her identity. Buffett, who has no plans to step down, expects a "seamless" transition. It remains to be seen whether an anonymous heir apparent will suffice to appease shareholders' concerns about a post-Buffett Berkshire. [View news story]
"The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP). [View news story]
Supply can and eventually will place a damper on these things. Unfortunately, this Administration only relies on proven principles when it absolutely and positively has to - release of SPR is a
perfect example. The problem is that this move is unequivocally not strategic, and its use for this purpose absolutely undermines it's nominal purpose.
Berkshire (BRK.A, BRK.B) decides on an eventual successor for 81-year old Warren Buffett, but refuses to disclose his or her identity. Buffett, who has no plans to step down, expects a "seamless" transition. It remains to be seen whether an anonymous heir apparent will suffice to appease shareholders' concerns about a post-Buffett Berkshire. [View news story]
The End Of Ordinary Commodity Cycles: ETFs To Play This Emerging Trend [View article]