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  • Blowout jobs number [View news story]
    As reported by Seeking Alpha today:

    "The broader U-6 unemployment rate falls to 12.3% from 12.7%. One year ago, it was 13.9%."

    Decreased from 12.7% to 12.3%. Certainly seems to be heading in the right direction!
    May 2, 2014. 10:19 AM | 1 Like Like |Link to Comment
  • Face-Off On Greece: An Interim Update [View article]

    I think John Mauldin has some editing friends at SA. The text on your bulleted items is so large that they are difficult to read. And the last sentence of your article ends suddenly without being completed.
    Apr 9, 2014. 08:44 AM | 3 Likes Like |Link to Comment
  • Huge earthquake hits off the coast of Chile [View news story]
    I guess the SA editor's perspective should be expected since this is an investment blog. But somehow, the fact that at least 5 were killed but "mining operations in the region appear to be relatively unaffected" seems a bit crass.

    Reminds me of the scene in Blazing Saddles where they almost lost another railroad hand cart.
    Apr 2, 2014. 10:59 AM | 1 Like Like |Link to Comment
  • These Charts Speak Louder Than Words [View article]
    The Pew Research Center estimates that between 2011 and 2030, roughly 10,000 people will reach the age of 65 every day in this country. One of the graphs in The Financial Lexicon's article above indicates that almost 24% of people aged 65 and over are still working. This means about 76% of that age group is retired. So even if the participation rate for that age group were to continue increasing slightly, the absolute number of people retiring is growing ever larger.
    Feb 15, 2014. 09:35 AM | 4 Likes Like |Link to Comment
  • These Charts Speak Louder Than Words [View article]
    Based on research conducted by Shigeru Fujita of the Federal Reserve Bank of Philadelphia:

    Per Mr. Fujita: "Almost all of the decline (80 percent) in the participation rate since the first quarter of 2012 is accounted for by the increase in nonparticipation due to retirement. This implies that the decline in the unemployment rate since 2012 is not due to more discouraged workers dropping out of the labor force."
    Feb 15, 2014. 09:22 AM | 5 Likes Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    The info provided by Shareholders Unite indicates they are retired professors from Amsterdam. Last I checked, Amsterdam was still in Europe.
    Jan 2, 2014. 05:25 PM | 3 Likes Like |Link to Comment
  • The Biggest New ETPs Of 2013: Something Old, Something New [View article]
    I believe Cambria Shareholder Yield (SYLD) should have made the list since it had more than $170M in assets as of Dec 20.
    Dec 31, 2013. 12:17 PM | Likes Like |Link to Comment
  • American Capital Mortgage Investment Corp: Here's Why I'm Staying A Bit Bullish [View article]

    MTGE initiated a share buyback program in the 4th quarter 2012 and, according to the link below, had purchased approx. 6.4 million shares through the 3rd quarter 2013.
    Dec 3, 2013. 08:15 PM | Likes Like |Link to Comment
  • How Would Milton Friedman Solve The Crisis? [View article]
    SU, thank you for another excellent article.

    By the way, I believe your reference to Keynes' comparison should be "pushing on a string", not pulling.
    Nov 8, 2013. 09:34 AM | 1 Like Like |Link to Comment
  • Cramer's Mad Money - Great Companies Don't Make Excuses (10/17/13) [View article]
    Whew! I was wondering whether to sell AGNC. But now that Cramer says it is a sell, I definitely know I will continue to hold the stock.
    Oct 18, 2013. 08:30 AM | 10 Likes Like |Link to Comment
  • Jobless Claims at 308K [View news story]
    It says initial claims are up 1K and continuing claims are up 1.4K, which is insignificant compared to the total of 2.92M, given the level of accuracy of the evaluations.
    Oct 3, 2013. 10:27 AM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Expect Volatility, Not Clarity [View article]

    Your fellow Seeking Alpha contributor Joseph Stuber posted a compelling argument today for a "dramatic" market sell off and wonders if maybe the time for such a sell off is now upon us.

    I was wondering if you might have read his article and, if so, what your thoughts were?
    Sep 1, 2013. 06:46 PM | 2 Likes Like |Link to Comment
  • How About A Wage Hike? [View article]
    "Nowadays many Americans are actually paid too much for what they bring to businesses, yet here you are advocating a wage hike."

    The premise is that wage hikes would be tied to increases in productivity and other measurable metrics. So those that are already paid too much for what they contribute to the business, would ostensibly not share in the gains.

    As someone who initially worked blue collar jobs to survive and had to pull myself up by my bootstraps to get where I am today, I understand and agree with their premise.
    Aug 25, 2013. 11:42 AM | 1 Like Like |Link to Comment
  • The Shiller CAPE Isn't the Only Metric Showing A Severely Overvalued Market ... [View article]
    Scott Grannis has an interesting evaluation today on SA:
    Aug 21, 2013. 08:49 AM | Likes Like |Link to Comment
  • State Street (STT) looks to take on iShares' (BLK) dominant small cap ETF (IWM) with the Tuesday launch of the SPDR Russell 2000 ETF (TWOK). IWM currently has $23.3B in AUM and an expense ratio of 0.24%. This compares to other far smaller competitors like Schwab's SCHA at 0.08% and Vanguard's VB at 0.10%. Previous: Small cap stocks outpace the S&P 500. Other reasonably popular ETFs: IJS, IJR.
      [View news story]
    SPDR website indicates gross expense ratio = 0.18%
    Jul 25, 2013. 09:31 AM | Likes Like |Link to Comment