The S&P 500's (SPY) in Q1 run was the 13th double-digit gain since 1928, according to Bespoke. In 11 of those instances, the index posted gains for the remainder of the year. The two losing years, however, were doozies, with the S&P falling 15.3% and 39% through the remainders respectively of 1987 and 1930. [View news story]
The stock market is shrinking. The number of companies that individual investors can buy shares in is in a major decline, a fall that’s been years in the making but accelerating this year with its record-breaking start to takeovers, mergers and buyouts. The average investor has steadily fewer choices, both broadly and within specific industries, when it comes to picking individual stocks. [View news story]
You would think IPO's would become more popular. They probably would be if they were handled equitably.
February Nonfarm Payrolls:+236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
Good points. Workforce will definitely shrink, but you can count on us baby-boomers working a bit longer than the norm. Can't wait to work part time for Home Depot, though I'll probably owe them at the end of the week after buying more cool tools.
3 Ways To Avoid The 'Rigged' Stock Market [View article]
Totally agree - I only get burnt when I try to play with the big boys. Start in your 20's buying well established companies, don't be greedy but be patient. You'll do well.
The "Fed put" stocks have enjoyed for the past four years will fade in H2 and send the S&P 500 below 1,400 by year's end, Wells Fargo's Gina Martin Adams believes. If the economy improves, expect the Fed to be more hard pressed in justifying near-zero interest rates and easing efforts; mere chatter about an unwind in 2014 will be enough to weigh on stocks. [View news story]
The Fed won't pull the tablecloth out from underneath the place settings expecting nothing to happen. They are very well aware of the consequences of their actions.
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
That's why Cro Magnon survived and Neanderthal didn't.
The IMF will slash its forecast for U.S. economic growth in its next World Economic Outlook report, according to Reuters and Italian news agency ANSA. Investors should expect the U.S. economy to grow at just 1.7% in 2013, well below the historical average and 0.3% less than previously forecast. On the bright side, the IMF said last month it could cut its outlook by as much as 0.5% so, in theory, it could have been worse.[View news story]
We pay about the least in taxes - not even counting VAT. Ask many retirees - we do not have cradle to grave. Medical costs are number one reason for bankruptcies.
I pay less in taxes now than the 80's. Where have you been?
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B.[View news story]
Come on - US rich paying the least in the western world. Printing money is the privilege of those who have independent currencies. Print too much, your currency is devalued. Having one of the biggest markets in the world, no one wants our currency devalued.
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
Unfortunately, many of our atrocities are committed by individuals put into situations created by our "democracy".
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B.[View news story]
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B.[View news story]
I had to chuckle also - after two trillion dollar wars and economic collapse - we are still 63rd in tax rate for western nations.
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B.[View news story]
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
Ha! You know very well that we do not live in a perfect world! Far from it!
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
No way. Germany's politicians only want markets it can sell to so its workers are content and will re-elect said politicians.
The S&P 500's (SPY) in Q1 run was the 13th double-digit gain since 1928, according to Bespoke. In 11 of those instances, the index posted gains for the remainder of the year. The two losing years, however, were doozies, with the S&P falling 15.3% and 39% through the remainders respectively of 1987 and 1930. [View news story]
The stock market is shrinking. The number of companies that individual investors can buy shares in is in a major decline, a fall that’s been years in the making but accelerating this year with its record-breaking start to takeovers, mergers and buyouts. The average investor has steadily fewer choices, both broadly and within specific industries, when it comes to picking individual stocks. [View news story]
February Nonfarm Payrolls: +236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
3 Ways To Avoid The 'Rigged' Stock Market [View article]
3 Ways To Avoid The 'Rigged' Stock Market [View article]
The "Fed put" stocks have enjoyed for the past four years will fade in H2 and send the S&P 500 below 1,400 by year's end, Wells Fargo's Gina Martin Adams believes. If the economy improves, expect the Fed to be more hard pressed in justifying near-zero interest rates and easing efforts; mere chatter about an unwind in 2014 will be enough to weigh on stocks. [View news story]
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
The IMF will slash its forecast for U.S. economic growth in its next World Economic Outlook report, according to Reuters and Italian news agency ANSA. Investors should expect the U.S. economy to grow at just 1.7% in 2013, well below the historical average and 0.3% less than previously forecast. On the bright side, the IMF said last month it could cut its outlook by as much as 0.5% so, in theory, it could have been worse. [View news story]
I pay less in taxes now than the 80's. Where have you been?
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B. [View news story]
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B. [View news story]
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B. [View news story]
Cyprus and top EU officials strike a preliminary deal regarding the terms of a rescue package. Deposits below €100K will be transferred from Cyprus Popular Bank (the "bad bank") to the Bank of Cyprus (the "good bank"). Furthermore, deposits above €100K at Cyprus Popular will be taxed and the bank will be shut down. The Bank of Cyprus will reportedly take on all of Cyprus Popular's ELA obligations to the ECB which total ~ €9B. [View news story]
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]
Facing a Monday deadline to craft an acceptable deal, the Cypriot parliament granted the government authority to impose capital controls and voted to nationalize some pension funds as part of an asset pooling plan that may ultimately back an ad hoc bond issue. The country may also adopt a good bank/ bad bank model under which Cyprus Popular Bank will be wound down. Parliament will vote over the weekend on a new iteration of the deposit tax and EU officials will convene in Brussels Sunday. Without a resolution, the country faces an all but certain bank run Tuesday morning. [View news story]