A little breathing room for home owners on the equity they hold in their houses is helping motivate them to jump into more serious home improvement projects, according to an academic study. Spending could climb 20% this year (Sept. to Sept.) despite credit conditions which are still tight. Home Depot (HD -0.8%) and Lowe's (LOW -1.3%) would be pleased to see more kitchen remodels and wine cellars than simple paint jobs and tiling. [View news story]
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Problem is Tack, the low point of the dip will be 10% above the point they started blubbering.
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Irrelevant to the US.
Why some of us will be making money by the end of the week.
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Really. That being said, this market has been waiting for an excuse to have a correction. What is so cool is that on a Sunday night we know it will occur for a non-reason. Know what equities you wanted to buy on a dip?
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
Hmmm...this may be all about the Russian oligarchs.
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
Oh, gad, here we go again.There are so many guns in this country (most owned by my mother's side of the family), that no law ever passed will make a dent in private firepower. No law is proposed, or will be proposed, to take guns away. Many more cops are killed in this country trying to protect your family than tax scofflaws.
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Hmmm...........been waiting for a faux crisis to do some buying.
Yeah, this was back in the '60's. I don't recall prices doubling like that. But then, I was at the age where housing prices were not upfront interests.
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]
Yes, just a difference of degree. The government sets one bar to insure that safe product is put on the shelves. In a perfect world, yes, everyone already is smart enough what that bar is and complies. There are operators who are not smart enough or who don't comply. Without oversight, they will do what ever they can to put out product at a cheap price. They are human and greed can be a strong driver. People are dying now because a compound pharmnacy (which are not regulated by the FDA) cut corners and produced serum with mold in it. Yes, the place closed down, but the principles sold over 5 million in stock when the first patients started dying.
He walked away with more money than he was loaned. That being said, Mitt's father had every right to give his kid a break (including the $60K in stock for the 4 years he and Ann went to school) Mitt's dad earned that money and he has every right to spend any way he wants.
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]
Actually, the industry has its own programs for compliance that are far stricter than the governments. We always pass the FDA and Ag and Markets inspections with flying colors. As long as we follow good manufacturing practices, we have no "problems" with the feds. There are some certifications we can not meet, because of the age of our building. We pay nothing for a government inspection, but some certifications can cost $5K or more for the inspection, whether we pass or not. And the $5K is just the beginning, to comply we would have to spend thousands more. The government is there to catch the producers who could give a hoot whether or not they follow any type of good manufacturing practices.
Market recap: Stocks continued their inexplicable march higher, with the Dow posting its first 10-day winning streak since 1996 and the S&P closing within two points of its 2007 high, as a rally in natural gas prices buoyed energy firms and weekly jobless claims unexpectedly fell. But as stocks extend gains, volume is thinning: Average trading volume this month is down ~12% Y/Y. [View news story]
Market recap: Stocks continued their inexplicable march higher, with the Dow posting its first 10-day winning streak since 1996 and the S&P closing within two points of its 2007 high, as a rally in natural gas prices buoyed energy firms and weekly jobless claims unexpectedly fell. But as stocks extend gains, volume is thinning: Average trading volume this month is down ~12% Y/Y. [View news story]
Ann Romney 1994: "Remember, we'd been paying $ 62 a month rent, but here, rents were $ 400, and for a dump. This is when we took the now-famous loan that Mitt talks about from his father and bought a $42,000 home in Belmont, and you know? The mortgage payment was less than rent. Mitt saw that the Boston market was behind Chicago, LA and New York. We stayed there seven years and sold it for $90,000, so we not only stayed for free, we made money. As I said, Mitt's very bright.
A little breathing room for home owners on the equity they hold in their houses is helping motivate them to jump into more serious home improvement projects, according to an academic study. Spending could climb 20% this year (Sept. to Sept.) despite credit conditions which are still tight. Home Depot (HD -0.8%) and Lowe's (LOW -1.3%) would be pleased to see more kitchen remodels and wine cellars than simple paint jobs and tiling. [View news story]
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Why some of us will be making money by the end of the week.
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
Crisis on. S&P 500 futures -1% and the euro -1.2% as Brussels "faced with a drowning member state, instead of throwing the Cypriot people a lifebuoy, (throws) a millstone around its neck." EU leaders risk triggering bank runs in Cyprus (and elsewhere?) by going after bank depositors to fund the country's bank bailout. [View news story]
Will Your Retirement Savings Last? [View article]
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]
Will Your Retirement Savings Last? [View article]
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]
Market recap: Stocks continued their inexplicable march higher, with the Dow posting its first 10-day winning streak since 1996 and the S&P closing within two points of its 2007 high, as a rally in natural gas prices buoyed energy firms and weekly jobless claims unexpectedly fell. But as stocks extend gains, volume is thinning: Average trading volume this month is down ~12% Y/Y. [View news story]
Market recap: Stocks continued their inexplicable march higher, with the Dow posting its first 10-day winning streak since 1996 and the S&P closing within two points of its 2007 high, as a rally in natural gas prices buoyed energy firms and weekly jobless claims unexpectedly fell. But as stocks extend gains, volume is thinning: Average trading volume this month is down ~12% Y/Y. [View news story]
Will Your Retirement Savings Last? [View article]