jigglylizard

Intel Blinks in GPU Battle vs. Nvidia

I'm curious. Why is Nvidia leading? Their Gt200 series are EOL and are unavailable to customers, as Nvidia refuses to sell them at a loss. ATI released their new 5000-series that is DX11-capable and low TDP. They are unavailable (especially higher-end models) in most places due to ovewhelming demand and low yields which meant low supply.

ATI was even able to increase the price after release of their 5850 and 5870 due to the demand and lack of supply. Nvidia doesn't have Fermi out yet and no news in the immediate-term to release....

Edit: Fermi delayed till 1st quarter 2010
www.legitreviews.com/
news/6773/

Royal Bank of Scotland's (RBS) board retracts its threat to resign over the U.K. Treasury's oversight of its pay packages. Insiders say payouts in its investment banking division will be "at the low, low end of the scale," even if that means losing experienced staff to competitors.

I don't get how you do terribly and expect a good pay, when you are evaluated based on performance...

Americans' savings rate has been steadily climbing and could surpass 8% for the first time since 1992 - which will hurt spending and weigh down any recovery, says Pimco's Richard Clarida. "I’m in the glass is half empty camp."

I don't understand how this is bad. Over-consumption is being reduced, and savings made to help through the troubled times.

It seems positive to me...

As some luxury hotels try to lure customers by offering more amenities, others are selling bare-bones recession specials. For $19, you can have a room at one upscale resort with no bed, toilet paper, towels or AC. $39 will get you a bed with no sheet.

It say s$19 fora room with no bed

It's not a question of whether to own gold, but how to own gold, Jim Cramer says. His favorite play on the yellow metal: Agnico-Eagle Mines (AEM).

Is the P/E (based on SA link) actually 115 times earnings? And he's recommending it?

Ben Bernanke single-handedly prevents the world from destruction and what does he get? Only 30% of Americans think he's doing a good job, the lowest of nine agencies ranked in a recent Gallup poll. Michael Diamond, for one, hopes he continues to displease.

I still disagree with the government's infusion of funds, regardless of what happens. Besides, we haven't exactly seen the ong-term effects just yet.

A possible side-effect is inflation, which could still come and would hurt immensely.

Two years after the credit market collapse, banks have quietly begun turning downgraded 'structured debts' into new AAA-rated securities, so they can be bought by institutional investors. "You’re manufacturing AAA out of not AAA, therefore allowing those people who have AAA written on their forehead to buy."

I figured that it would take longer. Memories and attention spans of birds or what?

Choppy waters ahead as approval rating for how President Obama is handling the economy drops to 51%, from 55% in April. 24% say the deficit is America's most pressing issue (vs. only 11% for healthcare), but only 6% see the Obama administration as most responsible for the deficit; nealy half blame Bush.

This can be traced all the way back to Clinton and Greenspan, at least in part, for lack of regulation that caused the fiasco we have today.

No one person is to blame, though Obama's deficit is pretty scary to me.

If oil prices keep climbing, expect a reawakening of the 'speculators are evil' witch-hunt. "If the screaming gets loud enough, you could see some pretty draconian measures."

So what you're saying is, no cash-settlement of derivatives or futures? only physical delivery?


On Jun 17 03:35 PM tunaman4u2 wrote:

> If you're not able to take physical delivery of the the oil, have
> no intention to do so... shouldn't be buying it.
> Hows that?

There Is More to Why Canada's Banks Are Better

The credit standards are more strict. Even for something like credit cards, a Canadian bank refused me for a $500 credit card (ridiculous considering my credit score and income). Then I got approved by MBNA (1 week later) for $5,500. Perhaps a bit TOO strict sometimes...

On Jun 16 11:58 AM RJMoran wrote:

> While there is a painful Canadian trait I call "Pat ourselves on
> the back-itis", the fact is that borrowing there is extremely difficult
> and VERY costly! The 'spread' and their conservative, restrictive
> banking habits may be good for their bottom line but it chokes off
> commerce, growth, etc! "...Difficult for small borrowers" is being
> overly polite.

The end of used cars? From Obama's GM bankruptcy speech yesterday: "And that's why I'm calling on Congress to pass fleet modernization legislation that can provide a credit to consumers who turn in old cars and purchase cleaner, more fuel-efficient cars."

Does tell people what they want to hear. People don't analyze in too great of detail.

"Wow cleaner cars! That's great news President Obama!"

Chain store sales fell 0.3% in the first four weeks of May vs. last month, Redbook says, worse than the -0.1% expected. Weekly sales were down 0.6% vs. last week, ICSC says, but "the year-over-year pace remains positive which may indicate some rebounding of sales."

So we'll see less GDP growth than if that money had been spent. However, paying down debt might be better for the long-term prospect as that would reduce overall interest paid. I can see increased savings being a good thing in this situation.

On Jun 02 09:16 AM CautiousInvestor wrote:

> The markets left our galaxy yesterday because, in part, of higher
> than expected consumer incomes owing to increased transfer payments
> and lower taxes.
>
> Buried in the data, though, is the fact that consumers are now saving
> more with the most recent rate increasing from 4.5% to 5.7%. Instead
> of buying sweaters, consumers will be buying Treasuries and retiring
> debt.

Loonie tunes: Canada dollar heads for biggest monthly gain in almost 60 years. Canada’s currency headed for the biggest monthly gain since the Korean War as commodities surged, global stocks rallied and the U.S. dollar tumbled.

Strongly linked to oil (big here, especially in Alberta). Oil rallied, so our dollar rallied.

Also, the US printing money adds to its devaluation.