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  • Wall Street Breakfast: Must-Know News [View article]
    Andrew

    Yeah right. All those 50 million on food stamps really are seeing a dramatic improvement in their day to day life.

    The people on food stamps have not benefited from QU because they don't own stocks in the first place.

    "Perception" doesn't help at the grocery store check out line or with paying for a tank of gas.
    Mar 28, 2013. 11:17 AM | 3 Likes Like |Link to Comment
  • The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next month, giving conditional approval and then proceeding to examine Japanese companies and their shale gas projects on a case-by-case basis. Japan's LNG imports have been rising since the 2011 Fukushima nuclear plant disaster, and U.S. LNG prices have been falling due to the sharp rise in shale gas output. [View news story]
    And, just why was there an embargo in the first place?
    Mar 28, 2013. 11:14 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bluesky....

    I am thinking the same thing.

    And, if one of those "customers" delivering a package gets into an accident? I'll bet that by "hiring" out their vehicle they broke the terms of their car insurance and the insurance company will not pay any claim.

    Whole idea sounds pretty stupid, IMO.

    Perhaps WMT should pay more attention to their empty shelves and stop with the stupid ideas.
    Mar 28, 2013. 11:12 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    chudzikb
    My thoughts exactly. I laugh at the criticism of them. What were they supposed to do, sit back and wait for their money to be confiscated by the EU?

    People are forgetting that the problem arose not because the Russians put money in a Cypriot bank, but with what the bank did with the money once it was deposited. They bought Greek debt, that was really smart. Why didn't the EU stop the banks from buying the debt? Because they encouraged it.
    Mar 28, 2013. 11:07 AM | 4 Likes Like |Link to Comment
  • Given his soft outlook for employment and inflation, the Fed needs to be more accommodative, says Minneapolis Fed chief (and former hawk) Kocherlakota. He suggests lowering the unemployment threshold for tightening to 5.5% from 6.5% as his models tell him those magic 100 basis points will increase spending, and drive up employment and prices. [View news story]
    Since we'll never (least not in the foreseeable future) hit UE of 5.5% it means QE forever.
    Mar 27, 2013. 04:46 PM | Likes Like |Link to Comment
  • Russia and South Africa, which together hold ~80% of the world’s platinum-group metal reserves, reportedly plan to create an OPEC-type cartel to coordinate exports. Like OPEC, the two countries would want to be able to create a floor under platinum prices, which would help their important domestic mining industries in terms of profitability and allow them to pay poor and increasingly militant miners better wages. [View news story]
    When does the USA join OPEC?
    Mar 27, 2013. 02:26 PM | 1 Like Like |Link to Comment
  • J.C. Penney's (JCP -1.1%) new "mark-up to mark-down" tactic may be straight from Retail 101 but it's a tough row to hoe for a company suffering +20% drops in sales, according to analysts. Is JCP making the transition smoothly? Eyes in the street note that items in stores are "awkwardly" displaying stickers over the older prices in an effort to cover them up. [View news story]
    What an insult to the customer. One can only hope the customers aren't that stupid.
    Mar 27, 2013. 10:50 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Well, well, well, It seems that most of the 1%ers that held money in the Cypriot banks' did in fact get their money out while the 99%ers were held at bay because they could only use on ATM machine.
    What a shocking development. Reminds me of JCP getting all their money out of MF Global before they rest could.
    Mar 27, 2013. 10:21 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    wmarkw
    Thanks for that. Now if the honorable jon were only at bat in an orange jump suit.
    Mar 27, 2013. 09:38 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    deercreeks
    At least your governator is an equal opportunity screwer. Not only does the citizen get screwed but the local municipality gets it also. What a loverly place.
    Mar 27, 2013. 09:36 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    perplex...
    Nope.
    Mar 27, 2013. 09:31 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    kwm3
    Your key words are "almost always"; one can always hold out hope that "this time will be different". As for "expanded liabilities", that is precisely my point.
    Mar 27, 2013. 09:28 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    deercreek
    Watch your speed while driving. I read that your wonderful governator now wants a state surcharge added to speeding fines.
    Mar 27, 2013. 08:11 AM | 2 Likes Like |Link to Comment
  • Starbucks (SBUX) is in line for a nice little margin kicker with Arabica coffee bean prices down 50% while the company's store and bagged coffee prices remain level. OptionMonster’s Jon Najarian thinks the market is undervaluing just how big of a profit boost the company might see this year from the environment of lower wholesale coffee prices. [View news story]
    When will the sheeple ever learn just how bad they are being screwed by this company?
    Mar 27, 2013. 07:58 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The Feds are finally investigating JPM? Better late than never. Lets hope the true story comes out and there isn't the usual "fine paid but the bankers don't admit to doing anything wrong".
    Mar 27, 2013. 07:46 AM | 6 Likes Like |Link to Comment
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