Keyword: wallstreet

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  • Capital Market Update; Investment & Finance Thread (Sept. 14 edition)

    09/14/2014 12:55:21 PM PDT · by expat_panama · 30 replies
    Weekly investment & finance thread ^ | Sept. 14, 2014 | Freeper Investors
    Capital Market Update; Investment & Finance Thread (Sept. 14 edition) In a phrase it looks like everything's beginning to bust loose for stocks, metals, bonds --something here for everyone!   Stocks chalked up another distribution day last Friday as the S&P nudges toward the famous 10-week moving aveage that serves as a floor in the good times and a ceiling in the bad.  Traders are also noticing that over the past week or two up volume was slight while down volume was strong.  Like maybe some kind of consensus or something, at least for the short term.  Remember however...
  • States by Economics and Voting (Investment & Finance Thread)

    09/07/2014 12:50:08 PM PDT · by expat_panama · 70 replies
    Weekly investment & finance thread ^ | Sept. 7, 2014 | Freeper Investors
    Day before yesterday we were checking out this BEA map of the U.S. that was colored/labled by GDP and it got us on to the redstate/bluestate divide.   Naturally (as expected) small gov't low tax policies generally flowed with growing economies but what snagged us were the anomalies --Alaska did so poorly yet West Virginia soared.   Seems we can overcome that by ourselves and get all the state numbers for GDP from the BEA along w/ employment states by state from the BLS --and then toss them into online mapping websites (I used iMapBuilder Online). Got to just love this info...
  • Katie Couric: Sen. Warren Criticizes Washington-Wall Street 'Revolving Door'

    09/06/2014 8:44:12 PM PDT · by 2ndDivisionVet · 15 replies
    Yahoo! News ^ | September 6, 2014 | Andrew Romano
    (VIDEO-AT-LINK)In an exclusive interview Wednesday with Yahoo Global News Anchor Katie Couric, Massachusetts Sen. Elizabeth Warren slammed former House Majority Leader Eric Cantor for accepting a multimillion-dollar job with a Wall Street investment bank shortly after leaving Congress. "This is wrong," Warren said in regard to Cantor's new role as vice chairman and managing director at Moelis & Co. "People work in Washington and, man, they hit that revolving door with a speed that would blind you." She went on to claim that banks hire politicians like Cantor "not because they bring great expertise and insight, but because they’re selling...
  • Eric Cantor Just Got A Job At A Wall Street Bank — Here Are The Details Of His $3.4 Million Pay Pack

    09/02/2014 6:55:52 AM PDT · by SeekAndFind · 50 replies
    Business Insider ^ | 09/02/2014 | Joe Weisenthal
    Late Monday night it was reported that former House Majority Leader Eric Cantor would take a job at investment bank Moelis.The news has already prompted the predictable eye-rolling about the "revolving door." And to the Tea Partiers who ousted Cantor in a primary earlier this year, the news that he is going to Wall Street is vindication that he was never a populist like them.But anyway, Moelis has put in a filing with the SEC, detailing his pay package (Via Erik Schatzker).From the filing:Group LP has agreed to pay Mr. Cantor an annual base salary of $400,000. Group LP has...
  • Investment & Finance Thread (Labor Day week edition)

    08/30/2014 3:08:28 PM PDT · by expat_panama · 81 replies
    Weekly investment & finance thread ^ | Aug. 29, 2014 | Freeper Investors
    This morning looking in today's Real Clear MarketsGet I got a real kick out of this link that appeared :  Kick Off Labor Day Weekend With Some Depressing Charts - Quartz.   What the Quartz guys were wetting their pants over was how employee pay % total Gross Domestic Income was falling.  Here's a plot of the numbers they stole from the American Tax Payer supported (Note: Freepers can't post Quartz articles because of an alleged copyright complaint)      Apparently what's really got them upset is that the evil capitalist is exploiting the American Worker and the the share for evil...
  • Is Burger King stock price going to fall?

    08/28/2014 6:59:59 AM PDT · by MeneMeneTekelUpharsin · 18 replies
    Stock inavailability | 28 August 2014 | Mene Mene Tekel Upharsin
    Interesting. Tried to short Burger King (BKW) which is doing a buyout of a company and shot up at one point around 19% (which is nuts). No shares available to short. That must mean the big boys have shorted all they can and know what is going to happen next.
  • Margin Debt & Trends

    08/27/2014 5:16:31 AM PDT · by VA Voter · 1 replies ^ | 8/27/2014 | Martin Armstrong
    The debate over the pending crash in the stock market seems endless. Whether or not margin debt as reported by the NYSE has relevance any more is an interesting question in a world in which the retail investor has abandoned investing (decline in liquidity). The real marginal buyers are hedge funds and some banks while the cash buyers remain central banks. The make-up of the market has changed and the interest rates are well below even many dividends. So talking about total margin debt nearing $500 billion cannot be compared just on a nominal basis. Yes, we may yet see...
  • Investment & Finance Thread (week Aug. 24 - Aug. 30 edition)

    08/24/2014 2:36:41 PM PDT · by expat_panama · 106 replies
    Daily investment & finance thread ^ | Aug. 24, 2014 | Freeper Investors
    Happy weekend investors!!This week's thread will have to settle for a lame blog at the top due to a severe case of writer's block.  Topics considered were a weekly recap but here's the week in stocks and here's the week in metals.  Another idea was chat about the Fed meeting at Jackson Hole but they're just wrapping it up and the Fed website isn't quite updated.  Another idea is a resume of all the good news & bad news about today's econ condx, but that either keeps changing or it's already been rehashed on these threads by better brains than...
  • EU exit could force Wall Street banks to desert Britain

    08/22/2014 1:51:28 PM PDT · by Berlin_Freeper · 11 replies ^ | 18 Aug 2014 | Bill Gardner
    Wall Street banks could desert Britain if the country decides to leave the European Union, senior figures in the industry have reportedly said. Some major institutions are believed to be already drawing up plans to move activities abroad amid concerns that the UK is drifting further away from the EU. Most US and Asian banks currently run their main European operations from the UK, which gives them a passport to provide services across the EU. But if the UK left the European Union, it is believed to be unlikely foreign banks based in London would carry on receiving the same...
  • Investment & Finance Thread (week Aug. 17 - Aug. 23 edition)

    08/17/2014 1:35:32 PM PDT · by expat_panama · 105 replies
    Weekly investment & finance thread ^ | Aug. 17, 2014 | Freeper Investors
    Alternate Title:  UPTREND SPECIAL EDITION!   That's right, last Thursday IBD announced that NASDAQ had its "follow-through-day"  so investors in the driver's seat just saw the light turn green.  That said, we also know that nobody walks across a one-way street without looking both ways, and even though the signs say 'buy' here's what they've been saying so far this year-- --and this is the problem we got driving down the road while only being able to look out the back window.Remember these market designations are not arbitrary, they're signals proven with decades of research.   That said, we're still looking at a...
  • Investment & Finance Thread (week Aug. 10 - Aug. 16 edition)

    08/10/2014 9:08:03 AM PDT · by expat_panama · 69 replies
    Weekly investment & finance thread ^ | Aug. 10, 2014 | Freeper Investors
    No matter how you look at it this is truly an amazing world we live in if everyone has more information than any time in recorded history and the only thing that's for sure is (like Sam Goldwyn said): "nobody knows nothing!"  What we got is that 2014 started out great for gold and the blahs for stocks, then the other way around w/ stocks powering up, and now we're back w/ metals out-shining stocks again.   In fact, right now the Russell 2000 (favoring small stocks) even shows the infamous 'death cross' w/ the 50 day moving average punching down...
  • Investment & Finance Thread (week Aug. 3 - Aug. 9 edition)

    08/03/2014 2:06:47 PM PDT · by expat_panama · 102 replies
    Weekly investment & finance thread ^ | Aug. 3, 2014 | Freeper Investors
    Yo!   What we got this past week is the economy's officially in terrific shape and both stocks and metals are tanking.  Now, while it's never good to be too convinced about what we think is going to happen next in the future, I personally am having a hard time trying to decide what I think is happening right now.  Somehow the more I know about what's going on the less I know about what's going on.Oh yeah, IBD says stocks are still in an 'up-trend'.   This is the thread where folks swap ideas on savings and investment --here's a...
  • Investment & Finance Thread (week July 27 - August 2 edition)

    07/27/2014 10:28:41 AM PDT · by expat_panama · 101 replies
    Weekly investment & finance thread ^ | July 27, 2014 | Freeper Investors
    While this past week may have been pretty much nothing in the way of general asset growth (metals flat off --stocks flat in market under pressure), it's been a great week for geek number thingees, in fact we updated the link list to include Business Insider's Chart page (hat tip to Wyatt's Torch) and we've been into the income shifts that have turned the Great Recession into the gift that keeps giving.  Chgogal gave us the headsup to the  NYTimes piece "The Typical Household, Now Worth a Third Less" and Wash. Post Chart study Median household incomes have collapsed since...
  • Has President Obama Had Any Impact on the Stock Market’s Success?

    07/26/2014 8:29:09 AM PDT · by Kaslin · 39 replies ^ | July 26, 2014 | Mark Skousen
    I received a note the other day from a social Democrat, who wrote: “When Obama came to power the Dow Jones Industrial Average was 7,900, today it is over 17,000. When he came to power, the Federal Budget deficit was 11% of gross domestic product (GDP), today it is 2.8%. When he came to power, the economy was in a free fall and losing 8 million jobs, today it is growing and all the lost jobs have been recovered. We are poised today to become the greatest energy producer in the world and North America will produce more oil and...
  • Investment & Finance Thread (week July 20 - July 26 edition)

    07/20/2014 4:02:51 PM PDT · by expat_panama · 72 replies
    Weekly investment & finance thread ^ | July 20, 2014 | Freeper Investors
    Year-to-date wrap-up time.   General markets varied a lot but right now they're all together at 5-10% up so far.  Actually that's pretty good as it represents a 5-year doubling time.    click to enlarge  A closer look at stock indexes so far this year are showing roughly the same track but my dim eyes are somehow seeing us having a plateau for the past 3 weeks.  That's usually a good sign; witness the run-up after the mid-April basing. click to enlarge .As Torch says, "Discuss".  This is the thread where folks swap ideas on savings and investment --here's a list of popular...
  • Eric Cantor parties in Hamptons, campaigning for Wall Street job: report

    07/16/2014 1:16:08 PM PDT · by cotton1706 · 6 replies ^ | 7/16/14 | Terrence Cullen
    Pick a job, any job. Outgoing House Majority Leader Eric Cantor’s career in Congress might be over, but he’s got plenty of suitors on Wall Street and in the National Republican Committee. Cantor was recently spotted at an exclusive Hamptons party, rubbing elbows with Goldman Sachs chief Lloyd Blankfien and billionaire investor Carl Icahn, according to Politico, and seemed to be pining for a finance job in New York. The seven-term congressman from Virginia lost his primary last month to Tea Party favorite Dave Brat. Cantor will step down from his leadership role at the end of July, but will...
  • Investment & Finance Thread (week July 13 - July 19 edition)

    07/13/2014 4:06:02 PM PDT · by expat_panama · 72 replies
    Weekly investment & finance thread ^ | July 13, 2014 | Freeper Investors
     Condensed version:  this past week's metals 'n stock indexes saw a (imho) a flat decision making base --not sure how metals volume went but stocks had high volume for the dips & low for the rebounds --bearish, a situation IBD calls 'uptrend under pressure'.   fwiw, their distribution day count is running at 6 for the S&P and 4 for the NASDAQ.Fortunately I can now say what the upcoming week's going to be; it'll be "interesting".    This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here...
  • 2,000 days of Obama: How have stocks done?

    07/11/2014 12:39:17 PM PDT · by illiac · 30 replies
    MarketWatch ^ | 7/11/14 | Russ Britt
    LOS ANGELES (MarketWatch) — It’s been almost 2,000 days since President Barack Obama entered the Oval Office, and MarketWatch felt it would be fitting to measure the stock market’s performance during the president’s tenure to this point with its performance through the 2,000-day mark of other recent presidential administrations. Obama was sworn in amid extreme financial turmoil in January 2009, roughly six weeks before the stock markets hit bottom in the depths of the Great Recession. Pretty much the only direction for stocks to go was up. How far up, though? More important, how do gains under Obama compare with...
  • DOW at 17,000 -- But You're Not Invited

    07/10/2014 9:29:58 AM PDT · by Kaslin · 42 replies ^ | July 10, 2014 | Larry Elder
    The stock market reached a record high last week, closing over 17,000 for the first time. Good news, of course. As President John F. Kennedy famously said, "A rising tide lifts all boats." But it sure helps if you own a boat. In this case, the "boat" would be the dynamic American stock market. But investors in the stock market disproportionately come from the top 1 percent, and they hold about 35 percent of all stocks and mutual funds. The next-richest 9 percent control about 45 percent. The remaining 90 percent have less than 20 percent. While nearly half of...
  • Investment & Finance Thread (week July 6 - July 12 edition) [my title: The Economy Looks Great!]

    07/06/2014 10:24:34 AM PDT · by expat_panama · 72 replies
    Weekly investment & finance thread ^ | July 6, 2014 | Freeper Investors
      Huh.  While coming into the second half of 2014 we just had the GDP and employment rpts, and what happened is we got what seemed to be contradictory -2.7% and +6.3 bombshells.    On the other hand (Truman hated economists saying that) a look at the year over year GDP return along with the employment/population ratio puts the two together.[click to enlarge]The reason GDP growth looks solid is because that -2.7% was just one Qtr to the next, so last week's rpt tells us more about how good Q4 was than it does about how bad Q1 turned out. ...
  • Clintons raised $2-3 billion in two decades

    07/02/2014 6:38:23 AM PDT · by Cincinatus' Wife · 20 replies
    The Hill ^ | July 2, 2014 | Alexandra Jaffe
    Bill and Hillary Clinton raised from $2-3 billion in the two decades they’ve been prominent on the national stage, according to the Wall Street Journal. The Journal tallied the Clintons’ speaking fees, fundraising for their foundation and the sums raised for Bill Clinton’s two presidential campaigns, for the Democratic National Committee while he was in office and for Hillary Clinton’s Senate and presidential campaigns. Between $1.3-2 billion came from U.S. companies and industry sources, making up at least 75 percent of the sum — more than the 60 percent industry sources contributed to the two Bushes’ political operations. The Journal...
  • Investment & Finance Thread (week June 29 - July 3 edition)

    06/29/2014 2:17:00 PM PDT · by expat_panama · 87 replies
    Weekly investment & finance thread ^ | June 29, 2014 | Freeper Investors
    Yesterday was the 100th anniversary of the assassination of Archduke Franz Ferdinand in Sarajevo which sparked the war and the NYSE decided to close for the duration (more here).  This week we begin the new quarter --and the second half of 2014.  We'll see if the GDP for Q2 shows any improvement (1st report coming out in three weeks).  Imho we're in an economy where we can still make money but it's just going to take more effort. Review of last week here, reports/consensus coming out this week here. This is the thread where folks swap ideas on savings and...
  • 'Too big to jail' [Why Obama's DOJ won't REALLY go after Wall Street]

    06/26/2014 7:45:09 AM PDT · by SoFloFreeper · 11 replies
    World Magazine ^ | 6/14/14 | Warren Cole Smith
    .... Assistant Attorney General Lanny Breuer seemed to hit hard in December 2012 when he announced that global banking giant HSBC would pay the government a fine of $1.9 billion.... In March 2013 Breuer’s boss, Attorney General Eric Holder, went before the Senate Finance Committee to explain why HSBC wasn’t indicted for these crimes. He said some banks may be too large to prosecute without wrecking the economy. Holder’s “too big to jail” comments caused an immediate uproar. Sen. Charles Grassley, R-Iowa, the ranking Republican member of the Senate Judiciary Committee, said “big bankers know that if they commit financial...
  • WAR ON WALL STREET: Obama Appoints Anti-Business Activist Head of DOJ Division

    06/26/2014 4:40:17 AM PDT · by PreciousLiberty · 19 replies
    New York Observer ^ | 6/25/2014 | Sidney Powell
    Banks should brace for assault as Arthur Andersen annihilator now controls world’s largest criminal conviction machine Meet Leslie Caldwell. President Obama has installed Ms. Caldwell, known as a “terror of a prosecutor,” as head of the Criminal Division of the Department of Justice. It has been over a decade since Ms. Caldwell destroyed Arthur Anderson, and with it, 85,000 jobs—only to be reversed by the Supreme Court nine to nothing (well after she went into private practice). Now the president has brought her back—with a big promotion—and the vengeance of DOJ already aimed at Credit Suisse, BNP Paribas and others....
  • Investment & Finance Thread (week June 22 - 28 edition)

    06/22/2014 11:28:08 AM PDT · by expat_panama · 30 replies
    Daily investment & finance thread ^ | June 22, 2014 | Freeper Investors
      While this past week many have reported how gold bumped up 3.4%, we should also note that silver leapt 6.7%.   Here they are w/ the DJIA and the S&P500 (from here)----but those two indexes really weren't the best performing indexes this week.  In fact a look at a spread of indexes (from there) shows that say, utilities did even better than gold.   Individual stock leaders did well ("the week, the IBD 50 rose 3.4%" (read more @IBD) and that's a bullish sign assuming that those leaders continue to lead.   As usual, the pundits are all up, down,-- New Market Highs...
  • Goldman Sachs Trader sues over skimpy $8.25 million bonus

    06/21/2014 4:51:04 PM PDT · by Wolfie · 20 replies
    CBS News ^ | June 20, 2014
    Goldman Sachs Trader sues over skimpy $8.25 million bonus A former Goldman Sachs (GS) trader, still furious at getting only an $8.25 million bonus in 2010, has taken the giant investment bank to court to get paid millions more. Deeb Salem says he helped Goldman earn more than $7 billion and that a little more money in his pocket would only be fair considering all his contributions. He wants about $5 million in additional pay from Goldman. In his petition filed last week in New York's State Supreme Court, Salem said things at Goldman started to unravel when he got...
  • A Development That Should Have Wall Street Terrified

    06/15/2014 10:32:22 AM PDT · by PoloSec · 26 replies
    Business Insider ^ | June 15 2014 | Joe Weisenthal
    Wall Street lost a close friend this week. As BI's Linette Lopez explained on Wednesday, the defeat of Eric Cantor, to primary opponent Dave Brat, meant that one of Wall Street's most reliable allies within the GOP was gone. And not just gone, but replaced by a candidate who specifically made being anti-Wall Street part of his campaign. The New Yorker's Ryan Lizza went as far as to describe Dave Brat the Elizabeth Warren of the right. On the trail, Bratt lamented the fact that no Wall Street bankers went to jail for the crisis of 2008. But the story...
  • Investment & Finance Thread (Father's Day edition)

    06/15/2014 7:10:42 AM PDT · by expat_panama · 44 replies
    Daily investment & finance thread ^ | June 15, 2014 | Freeper Investors
    Happy Father's Day!  Seems there's no shortage of ideas out there on fathers and investing, there's an entire series of books (Rich Dad’s Rich Kid Smart Kid, etc.) but (imho) the ideas can be boiled down into a short list (from here): Children all have different learning styles and parents need to understand what that child’s unique style is an help them harness it so they can form a successful life plan Trying to force a child into a style they will not be successful in leads to frustration and substandard results. Formal schooling under serves non academic learning styles...
  • Eric Cantor’s loss a blow to Wall Street

    06/12/2014 6:51:59 AM PDT · by Oldeconomybuyer · 14 replies
    Market Watch ^ | June 12, 2014 | By Brody Mullins
    Wall Street has many friends in Washington, but House Majority Leader Eric Cantor was a well-placed one who understood how the industry worked and was not afraid to help the financial-services sector, even when he had to take on other members of his own party. Cantor’s loss in Tuesday’s Republican primary puts a big hole in Wall Street’s Washington Rolodex. Since he was first elected to Congress, Cantor, a Virginia Republican, has been Wall Street’s go-to guy on issues big and small. His first committee assignment was on Financial Services Committee where he became steeped in policy matters that affected...
  • Investment & Finance Thread (June 8 edition)

    06/08/2014 11:38:26 AM PDT · by expat_panama · 60 replies
    Daily investment & finance thread ^ | June 8, 2014 | Freeper Investors
    Winding down the end of the first half of 2014 (dang, --already??)  we can say we're looking (from here) at six months of getting no where, or we can also say we've built a solid base for long term growth.In terms of sectors (from here) this year's been generally showing these same slow but steady gains throughout:Funny how we were just talking the other day about how nice a bit more boredom would be, although with negative interest rates, negative gdp, and mid-term elections five months ahead that may not be on...  This is the thread where folks swap ideas...
  • Investment & Finance Thread (June 1 edition)

    06/01/2014 5:53:52 PM PDT · by expat_panama · 92 replies
    Investment & Finance Thread ^ | 06/1/2014 | Freeper Investors
      Big news this week: stock prices are officially in an IBD 'uptrend' as of last Tuesday night!   We can see it on the plot to the left (click on it to enlarge).OK, so we all can see that if we'd have sold on the 'uptrend' announcements and bought on the 'corrections' this year we'd be better off, but imho that only proves we're in a goofy backwards market.  That's good; first, because now we know it's goofy, and second because we all need more entertainment in our daily lives.In the meantime let's all memorize the eleven cognitive bias's posted...
  • White House unveils regulatory agenda

    05/26/2014 3:59:38 PM PDT · by george76 · 12 replies
    The Hill ^ | 05/23/14 | Benjamin Goad
    The White House unveiled its semiannual regulatory agenda Friday, detailing its plans for thousands of rules in the pipeline at agencies across the federal government. The release is the fourth consecutive time that the Obama administration has issued its regulatory roadmap on the eve of a major federal holiday, as many Americans depart for long weekends and there is typically less media coverage. ... the June deadline for the Environmental Protection Agency’s proposal of regulations limiting greenhouse gas emissions remains in place... as well as a host of unfinished regulations stemming from the Dodd-Frank Wall Street reform act.
  • Investment & Finance Thread (May 26 edition)

    05/26/2014 3:43:48 PM PDT · by expat_panama · 61 replies
    Investment & Finance Thread ^ | 05/26/2014 | Freeper Investors
    Last week we were going on about the fact that since stock indexes have been flat for so long that we needed to focus on sectors --here are the top ytd sectors (from here) --   Year-To-Date Sectors Change   Name YTD Change Mining - Silver 43.08 Mining - Gold 40.2 ETFS - Precious Metals 23.1 ETFS - Metals 19.79 ETFS - Agriculture 19.51 ETFS - Commodities 18.28 ETFS - Commodities General 15.63 Satellite Communication 15.1 Mining - Misc 13.54 REIT - Equity Trust Resident 13.37    -- and (hat tip to Lurkina.n.Learnin) this link shows a daily 'heat map'...
  • Iran Hangs Crooked Banker and Billionaire

    05/25/2014 2:05:28 PM PDT · by apoliticalone · 18 replies
    AP - Fox News ^ | 05-24-2014 | AP
    TEHRAN, Iran – A billionaire businessman at the heart of a $2.6 billion state bank scam, the largest fraud case since the country's 1979 Islamic Revolution, was executed Saturday, state television reported. Authorities put Mahafarid Amir Khosravi, also known as Amir Mansour Aria, to death at Evin prison, just north of the capital, Tehran, the station reported. The report said the execution came after Iran's Supreme Court upheld his death sentence. Khosravi's lawyer, Gholam Ali Riahi, was quoted by news website as saying that his client was put to death without any notice.
  • Investment & Finance Thread (May 18 edition)

    05/18/2014 5:35:14 PM PDT · by expat_panama · 45 replies
    Investment & Finance Thread ^ | 05/18/2014 | Freeper Investors
       My thinking was that if the current stock correction's now six weeks old, how old would that be if I could prove I was a cocker spaniel? fwiw, we're still inside both these trendlines and these too.   This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our-- Open invitation continues always for idea-input for the thread, this being a joint effort works well.   Keywords: financial, WallStreet, stockmarket.
  • How to make sure we never, ever, ever bail out Wall Street again: Let the banks fail!

    05/18/2014 6:43:28 AM PDT · by SeekAndFind · 29 replies
    The Week ^ | 05/18/2014 | James Pethokoukis
    It's easy: Let the banks fail and give the money to American taxpayers instead Are you still angry that Washington forced Main Street to bail out Wall Street during the Great Recession? Timothy Geithner can live with that. In his new book, Stress Test: Reflections on Financial Crises, the former Obama Treasury secretary insists government needed to stop the panic by whatever means necessary. During a five-alarm inferno, the thinking goes, it's smarter to focus on extinguishing the blaze than punishing the arsonists. And to Geithner, dissenters are misguided purveyors of "Old Testament vengeance" and "moral hazard fundamentalists." Geithner is...
  • Investment & Finance Thread (May 10 edition)

    05/10/2014 10:39:26 AM PDT · by expat_panama · 45 replies
    Investment & Finance Thread ^ | 05/10/2014 | Freeper Investors
    imho this past week is what I'd call a 'head-scratcher', but here are some other people's ho's: (click on pic to enlarge) Gold Seeker Weekly Wrap-Up Gold climbed $5.04 to $1294.24 by a little before 8AM EST before it dropped back to $1285.54 in the next four and a half hours of trade, but it then bounced back higher into the close and ended with a loss of just 0.04%. Silver slipped to as low as $19.052 and ended with loss of 0.1%.  Next week’s economic highlights include the Treasury Budget on Monday, Retail Sales, Export and Import Prices,...
  • Investment & Finance Thread (May 4 edition)

    05/04/2014 6:21:54 PM PDT · by expat_panama · 55 replies
    Investment & Finance Thread ^ | May 4, 2014 | Freeper Investors
    Investment & Finance Thread (May 4 edition)Something different we got while we begin this week is that we're also beginning a new month.  Now, lot's of folks say May's are always a good time to sell (while I crunch that to see if it's true, everyone's welcome to check out "How to Use This Shockingly Simple Method to Immediately Improve Your Investment Returns"), what different this time is that if we look a the past couple hundred months----we're seeing that it's been as long since the '07 peak that was the same seven years after the dot-com peak.  Coincidence?   This...
  • Report: Wall Street Republicans Prefer Hillary over Ted Cruz, Rand Paul

    04/28/2014 5:34:24 PM PDT · by 2ndDivisionVet · 64 replies
    Breitbart's Big Government ^ | April 28, 2014 | Tony Lee
    The permanent political class and their donors think a Jeb Bush vs. Hillary Clinton battle in 2016 would be a win-win scenario, and many Republican Wall Street donors would rather have Clinton in the White House than Sen. Ted Cruz (R-TX) or Sen. Rand Paul (R-KY). According to a Politico report, "the darkest secret in the big money world of the Republican coastal elite is that the most palatable alternative to a nominee such as Sen. Ted Cruz of Texas or Sen. Rand Paul of Kentucky would be Clinton." “If it turns out to be Jeb versus Hillary we would...
  • Wall Street Republicans' dark secret: Hillary Clinton 2016

    04/28/2014 9:39:19 AM PDT · by PaulCruz2016 · 28 replies
    Politico ^ | 04-28-2014 | Ben White
    NEW YORK — The biggest parlor game on Wall Street and in corporate boardrooms these days is guessing whether former Florida Gov. Jeb Bush will run for president and save the GOP’s old establishment base from its rising populist wing. The second most popular game is guessing what happens if Jeb says no. Two dozen interviews about the 2016 race with unaligned GOP donors, financial executives and their Washington lobbyists turned up a consistent — and unusual — consolation candidate if Bush demurs, New Jersey Gov. Chris Christie doesn’t recover politically and no other establishment favorite gets nominated: Hillary Clinton....
  • Investment & Finance Thread (Apr. 27 edition)

    04/27/2014 4:06:29 PM PDT · by expat_panama · 115 replies
    Daily investment & finance thread ^ | 04/27/2014 | Freeper Investors
    While we've all been asking 'which way' for the past few weeks all we've been getting is 'nowhere in particular'.  OK, so in the past 3 months we've seen everything leap up but then they all flop back to next to nothing just sitting there for a few weeks.  Seems IBD called it right by saying the correction began 3 weeks ago with no 'uptrend' so far.  Major indexes have given us new lows and descending highs --with volume on the bearish side.We got all kinds of pundits predicting all kinds of directions, but imho the "usually reliable" signs say...
  • Investment & Finance Thread (Apr. 20 edition)

    04/20/2014 1:14:39 PM PDT · by expat_panama · 71 replies
    Daily investment & finance thread ^ | 04/20/2014 | Freeper Investors
    This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our-- Open invitation continues always for idea-input for the thread, this being a joint effort works well.   Keywords: financial, WallStreet, stockmarket. Here's what others are saying about what's going on-- Gold / Silver / Copper futures - weekly outlook: April 21 - 25 - Gold prices ended the week sharply lower on Thursday, falling below the $1,300 level as indications that the U.S. economic recovery is progressing dampened...
  • IRS audits less than 1 percent of big partnerships

    04/17/2014 6:06:25 PM PDT · by Olog-hai · 2 replies
    Associated Press ^ | Apr 17, 2014 6:24 PM EDT | Stephen Ohlemacher
    The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday. That means some of Wall Street’s largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen. Carl Levin, D-Mich. The Government Accountability Office says the number of large businesses organized as partnerships has more than tripled since 2002, yet hardly any get audited. In 2012, only 0.8 percent were subjected to field exams in which agents do a thorough review of books and records. …
  • Trial of Occupy activist struggles to find jurors impartial to protest movement

    04/13/2014 4:32:01 PM PDT · by 2ndDivisionVet · 5 replies
    The Manchester Guardian ^ | April 10, 2014 | Jon Swaine
    It is the most important question being asked of dozens of New Yorkers lined up as potential jurors for the trial of Cecily McMillan, an Occupy Wall Street activist accused of assaulting a police officer: what do you think of her protest movement? Unfortunately for those keen on the swift procession of justice, a series of Manhattan residents who presented themselves at the criminal courthouse this week declared that they strongly disagreed with it – and could not promise to be impartial about one of its members. “I’m involved in Wall Street things. I’m on the Wall Street side, not...
  • Investment & Finance Thread (Apr. 13 edition)

    04/13/2014 3:35:12 PM PDT · by expat_panama · 72 replies
    Daily investment & finance thread ^ | April 13, 2014 | Freeper Investors
    Investment & Finance Thread (Apr. 13 edition) This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our-- Open invitation continues always for idea-input for the thread, this being a joint effort works well.   Keywords: financial, WallStreet, stockmarket.======================   OK, so if April began with "a heck of a week", then it's moving along with another one that's even more so; we're seeing gold'n'silver maintain a rebound and stocks hammering down new lows (from here).  (click to enlarge)There're many opinions...
  • Investment & Finance Thread (Apr. 6 edition)

    04/06/2014 11:34:34 AM PDT · by expat_panama · 84 replies
    Daily investment & finance thread ^ | April 6, 2014 | Freeper Investors
    This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our--Open invitation continues always for idea-input for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket. ====================== A heck of a week, gold'n'silver lept back up and stocks plunged back down --10 year performance:(click pic to enlarge) Of course, while that's all well and good for what's been happening til now (telling us what we shudda done) but the plan we need now is for what...
  • Investment & Finance Thread (Mar. 30 edition)

    03/30/2014 5:37:23 PM PDT · by expat_panama · 93 replies
    Daily investment & finance thread ^ | Mar. 30, 2014 | Freeper Investors
    This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow we'll go on with our--.  Open invitation continues always for input on ideas for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket. ======================Year to date trends with stocks'n'metals--  --along with 'end-week' articles: Week Ahead: Jobs Boost Could Calm Stocks Amid Tech Wobble Amid signs that many technology and biotech stocks may have peaked -- the Nasdaq fell 3 percent last week -- markets will look to this coming Friday’s...
  • What’s behind epidemic of financial industry suicides?

    03/24/2014 6:31:13 AM PDT · by SeekAndFind · 17 replies
    New York Post ^ | 03/24/2014 | Michael Gray
    A rash of eight financial-industry suicides so far in 2014 has mental-health professionals trying to understand what’s behind it. In late winter many people suffer from depression, but for bankers this is usually offset by finding out how large their bonuses will be. However, compensation across the entire financial sector is down from years past as large firms deal with new rules pinching their bottom lines. The other, more pressing matter for mental health pros is: Why are such a large proportion of these self- murders public affairs? While there are no definitive theories on suicide location, many in the...
  • Investment & Finance Thread (Mar. 23 edition)

    03/23/2014 4:10:35 PM PDT · by expat_panama · 63 replies
    Daily investment & finance thread ^ | Mar. 23, 2014 | Freeper Investors
    Investment & Finance Thread (Mar. 23 edition)This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here.  We usually see this showing up on Monday mornings w/ a ping to freeper investors, but it seems the write up is being done on Sunday night anyway so starting now it's being shared as it comes out.     Open invitation continues always for input on ideas for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket. Tomorrow morning of course we'll still have our --and the...
  • New York City’s rich get blasted for doing good

    03/19/2014 2:12:34 PM PDT · by SeekAndFind · 12 replies
    New York Post ^ | 03/19/2014 | Charles Gasparino
    <p>Consider what passes for a scandal in New York City these days: The rich, conservative Koch family funding a wing of a city hospital. Wall Street types financing charter schools for poor kids in the South Bronx and Harlem. Non-union Walmart trying to open a store in a low-income neighborhood, which would deliver both cheaper goods and jobs to the locals.</p>