Barrick Gold And Harmony Gold Can Inflate Your Portfolio [View article]
Hey Phil, what about Gartman on cnbc fast money saying the miners are way worse than owning gold and to get out-I don't think much of his opinions but I would love your take-thanks
"Irrational exuberance" is the last term Alan Greenspan says he would use to describe today's market, but he believes stocks are "significantly undervalued" by historical standards. On banks and the concept of too big to fail, the former Fed head says it's the most important regulatory issue of the time; the problem is "getting worse, not better," but he does not favor a big-bank breakup. [View news story]
Don't be fooled by the glowing jobs report today, says CNBC's Larry Kudlow. Yes, payrolls rose by 163K in July, but the devil's in the details. For one, the small-business household survey dropped 195,000. That’s what drove the unemployment rate up to 8.3%. Add the labor force shrinking by 150K, the participation rate slipping to 63.7% and the overall U-6 discouraged-workers unemployment rate increasing to 15%, and that pretty much cancels out any better-than-expected rise. [View news story]
Larry Kudlow is an economist-stop, I am getting stomach cramps! How did he lose his job at Bear Stearns-how does he keep a show on cnbc that nobody watches? Who would care what his opinion is!
Which Way Wednesday: Beige Book Boogie [View article]
I think it is fair that the Walton family has the same wealth as the bottom 40%-that is fair-I am sure they earned it the old fashion way-oh yeah they inherited it-Whatever, please don't tax them-keep up the good work Phil-I like it when you get these right wing idiots riled up!!!
Since the Court upheld Obamacare, small business owners have gone from denial to outright anger. Many entrepreneurs are focusing on figuring out what moves they can make to gum up the works and prove healthcare reform was a bad idea and offer a case study on why it will fail. Some of the top threats: Firing workers instead of hiring, stop providing health insurance altogether and pay the $2K penalty, or even going so far as to shutter their businesses. [View news story]
Don't look for businesses to go on any hiring binge if Obamacare gets rejected, says CNBC's Larry Kudlow. The "uncertainty premium" of the policy is far too high. It's been a deterrent to job creation for some time now, and will continue to be long after the election regardless of how the Supreme Court votes on the issue. Why? Because no one has the first clue what the healthcare system will look like if it passes, nor, worse yet, what Congress will actually propose if the bill is struck down. [View news story]
Kudlow is nothing but a shill-single payer for all!
Doug Kass isn't totally leaving the Warren Buffett admiration society, but he is exiting Berkshire Hathaway (BRK.A), thinking the stock’s best days are behind it. "Yesterday’s $10B investment in IBM is... a reflection that larger deals are needed to move the needle, and that more ordinary and plain vanilla investments will be the feature of Berkshire’s portfolio strategy in the future." [View news story]
Barrick Gold And Harmony Gold Can Inflate Your Portfolio [View article]
"Irrational exuberance" is the last term Alan Greenspan says he would use to describe today's market, but he believes stocks are "significantly undervalued" by historical standards. On banks and the concept of too big to fail, the former Fed head says it's the most important regulatory issue of the time; the problem is "getting worse, not better," but he does not favor a big-bank breakup. [View news story]
Merry Monday: The True Meaning Of Christmas [View article]
Thursday's Fed Folly - Time For Bernanke To Put Up Or Shut Up [View article]
Will We Hold It Wednesday: Euro $1.25 Edition [View article]
Don't be fooled by the glowing jobs report today, says CNBC's Larry Kudlow. Yes, payrolls rose by 163K in July, but the devil's in the details. For one, the small-business household survey dropped 195,000. That’s what drove the unemployment rate up to 8.3%. Add the labor force shrinking by 150K, the participation rate slipping to 63.7% and the overall U-6 discouraged-workers unemployment rate increasing to 15%, and that pretty much cancels out any better-than-expected rise. [View news story]
Tut Tut Tuesday: Still No Rain [View article]
Monday Market Meltdown: Spain Again? [View article]
Friday's Fabulous Rally Finish: All Downhill From Here? [View article]
Which Way Wednesday: Beige Book Boogie [View article]
Which Way Wednesday: Beige Book Boogie [View article]
Since the Court upheld Obamacare, small business owners have gone from denial to outright anger. Many entrepreneurs are focusing on figuring out what moves they can make to gum up the works and prove healthcare reform was a bad idea and offer a case study on why it will fail. Some of the top threats: Firing workers instead of hiring, stop providing health insurance altogether and pay the $2K penalty, or even going so far as to shutter their businesses. [View news story]
Don't look for businesses to go on any hiring binge if Obamacare gets rejected, says CNBC's Larry Kudlow. The "uncertainty premium" of the policy is far too high. It's been a deterrent to job creation for some time now, and will continue to be long after the election regardless of how the Supreme Court votes on the issue. Why? Because no one has the first clue what the healthcare system will look like if it passes, nor, worse yet, what Congress will actually propose if the bill is struck down. [View news story]
Super Tuesday – America Wakes Up To Sophie’s Choice [View instapost]
Doug Kass isn't totally leaving the Warren Buffett admiration society, but he is exiting Berkshire Hathaway (BRK.A), thinking the stock’s best days are behind it. "Yesterday’s $10B investment in IBM is... a reflection that larger deals are needed to move the needle, and that more ordinary and plain vanilla investments will be the feature of Berkshire’s portfolio strategy in the future." [View news story]