Keyword: wallstreet

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  • Something weird is going on --Investor Thread March 29, 2015

    03/28/2015 3:17:44 PM PDT · by expat_panama · 25 replies
    Weekly investment & finance thread ^ | Mar. 29, 2015 | Freeper Investors
    (excerpt from) Something weird is going on in the US economy, and it's not good...Despite experiencing a healthy pace of job growth, the US economy has largely disappointed economists' expectations by delivering a series of weaker-than-expected economic reports. The unexpected plunges in retail sales and durable goods orders stand out as they reflect weakness in both consumers and businesses. On Wednesday, Bloomberg LP Chief Economist Michael McDonough tweeted a chart of the unprecedented divergence between job growth and retail sales growth. This is concerning as personal consumption accounts for roughly 70% of US GDP. It's particularly concerning considering all...
  • The Democratic Party has (almost) lost Wall Street [Thanks, Elizabeth Warren]

    03/27/2015 11:24:11 AM PDT · by SeekAndFind · 6 replies
    Hotair ^ | 03/27/2015 | Noah Rothman
    One of the worst kept secrets of President Barack Obama’ first term in office is how closely aligned that administration and the members of the Democratic Party were with the interests of the financial sector, despite party members’ repeated insistence that they wanted nothing more than to curb Wall Street’s excesses. The well-heeled bankers at Goldman Sachs had little to fear from Democrats who professed their appreciation for the promise of the Occupy Wall Street movement while the institution’s members were filling Democratic pockets with campaign contributions. The financial community could rest easy knowing that Democrats were aware of...
  • Broader Market Rallies Right Up a "Wall of Worry"--Weekly Investor Thread March 22, 2015

    03/22/2015 7:24:29 AM PDT · by expat_panama · 44 replies
    Weekly investment & finance thread ^ | Mar 22, 2015 | Freeper Investors
    Prices in both precious metals and stocks are booming again: metals are soaring as if they're looking for higher bases and stock indexes are within a couple percentage points of all time highs. The good news is that this time the experts show no sign of confusion as to what's going on and they've all decided what we need to do. It's all because of the Fed, international tensions, and the NCAA. The bad news is that each expert's saying something different. Here are a few samples: (excerpt from) Stocks are likely to struggle during March Madness ...Because March...
  • Is Apple Cheating On The Dividends?

    03/20/2015 3:45:20 PM PDT · by Swordmaker · 2 replies
    Seeking Alpha ^ | Mar. 19, 2015 9:11 AM ET
    Summary Apple has been paying a dividend since Q3 2012. The current dividend has fallen a percentage of earnings. Calculations are made to estimate what the new dividend will be. . . . Summary While Apple's dividend has remained constant over the last four quarters, it value as a percent of earnings has fallen significantly. If Apple wants to keep the earlier ratios, then it will need to raise the dividends. My estimate is that Apple is likely to raise the per share dividend to between 62 and 65 cents per share from the current 47 cents. On the other...
  • Investments go from Friday 13th to Ides of March-- Thread March 15, 2015

    03/15/2015 7:00:49 AM PDT · by expat_panama · 72 replies
    Weekly investment & finance thread ^ | MARCH 15, 2015 | Freeper Investors
    Seems like there's an awful lot of doom'n'gloom out there: (excerpt from) More Volatility Sends Market Down for a 3rd WeekThe stock market was hit hard on Friday, capping a third week of declines as investors reacted to a steep drop in oil prices and a jump in the value of the dollar. Utilities, major exporters and companies that make basic materials like steel had the biggest declines. The sell-off came at the end of a volatile week, and it sets the stage for a Federal Reserve policy meeting next week. Investors will be watching closely for clues about...
  • Oil Prices Deliver a Crash Course in "Supply and Demand"

    03/13/2015 8:57:56 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | March 13, 2015 | Thomas Miller
    American consumers are still enjoying relatively cheap gasoline as the summer driving season gets closer. AAA reports the national average at $2.44 this week, still below the 50-year inflation-adjusted average of $2.50 per gallon. If you’d like cheaper gas, don’t blame the oil and gas industry. It’s been the United Steelworkers and their strike against Royal Dutch Shell and 11 refineries that ticked gas back up more than anything, although it appears that a settlement has been accepted. Refiners are in their bi-annual season of throttling back production to perform maintenance and retool for the summer blends. So it begs...
  • Obama taps major fundraiser for Sweden ambassador

    10/23/2014 4:43:09 PM PDT · by Olog-hai · 8 replies
    Associated Press ^ | Oct 23, 2014 7:24 PM EDT
    President Barack Obama is nominating a major fundraiser for his presidential campaign to be the next U.S. ambassador to Sweden. The White House says Azita Raji is Obamas pick for the job. Shes a former investment banker who served as national vice-chair of finance for Obamas 2012 campaign. She helped raise more than $500,000 for Obamas campaign as a bundler in 2012.
  • Metals and Stocks Sell-off on Good News --Investor Thread March 8, 2015

    03/08/2015 10:12:24 AM PDT · by expat_panama · 77 replies
    Weekly investment & finance thread ^ | Mar 8, 2015 | Freeper Investors
    excerpt from: Stock Indexes Take Hard Hits; Market Uptrend Under PressureStocks ratcheted lower Friday in fast trade, with the indexes suffering their biggest percentage losses since late January. The Nasdaq and the S&P 500 skidded 1.1% and 1.4%, respectively. [snip] What they're saying is stocks plunged in higher volume and the S&P 500 smacked down into the danger warning ten-week moving average.  It's supposed to be a bad sign, a sell signal, a harbinger bad moon rising.  Only thing is that the last two times this kind of signal popped up-- ←  they ended up turning into fabulous buying opportunities. However...
  • Apple Inc to join Dow industrials index this month, replacing AT&T Inc

    03/06/2015 6:59:17 AM PST · by SeekAndFind · 108 replies
    Apple Inc. will join the Dow Jones Industrial Average on March 18, replacing AT&T Inc., in the first reshuffling since September 2013. Apple holds a market capitalization of about US$736 billion, making it the largest publicly traded company in the world. AT&T, by contrast, has a market value of US$176.5 billion. Shares of Apple were higher in early trading, gaining 1.3% to US$128.02, while AT&Ts shares fell 1.3% to US$33.55. The changes will push the number of technology-related companies in the 30-member gauge to six and boost their influence even more as the tech giant joins Microsoft Corp., Intel Corp.,...
  • White House looking to creep into 401(k)s

    03/01/2015 7:22:49 AM PST · by Enlightened1 · 39 replies
    NY Post ^ | 2/28/15 | Jonathon M. Trugman February 28, 2015 | 11:21pm
    Under the false pretense of calling for new and tougher so-called fiduciary standards for financial brokers, advisers and retirement plan representatives, the White House once again horned in on Wall Streets compensation formulas. However, what the president surely knows is that a vast majority of retirement plans IRAs and 401(k)s are in simple fee-based products like mutual funds. The commission-based accounts are for those who prefer to direct their brokers in certain purchases inside some of their retirement products. The key to the White Houses interference is in its nuanced language. Currently, a broker may make a recommendation...
  • Stock Run-up 3 Weeks Old, Experts Confused-- Investor Thread March 1, 2015

    03/01/2015 5:34:21 AM PST · by expat_panama · 85 replies
    Weekly investment & finance thread ^ | Mar. 1, 2015 | Freeper Investors
    [excerpt from Stock-market crash of 2016: The countdown begins]Dow will drop 50% as market replays 2008, 2000 and 1929. That will translate into the DJIA crashing from todays 18,117 down 50% to about 9,000. Ouch, the Dow crashing all the way below 10,000. Unimaginable. Bulls will hate it. No wonder our brains tune out, turn off. Instead, we prefer the happy talk that will just keep coming out of Wall Street and Washington till the 2016 collapse. Well just keep denying reality ... till its too late, and we suffer another $10 trillion loss is on the books. Deja...
  • How an Undocumented Immigrant From Mexico Became a Star at Goldman Sachs

    02/25/2015 11:34:54 PM PST · by 2ndDivisionVet · 5 replies
    Bloomberg Business | February 25, 2015 | Max Abelson
    Link only due to copyright issues: http://www.bloomberg.com/news/articles/2015-02-25/how-an-undocumented-immigrant-from-mexico-became-a-star-at-goldman-sachs
  • Stock Rally Adds Another Percent while Metals Fade: Week Ahead Worries-- Investor Thread Feb. 22

    02/22/2015 8:34:45 AM PST · by expat_panama · 92 replies
    Weekly investment & finance thread ^ | February 22, 2015 | Freeper Investors
    [excerpt from Yahoo Finance: What to watch next week: TGT, HD, M, HPQ, GDP and Greece] Next week will be a busy week on Wall Street with a raft of big earnings reports including Target (TGT), Macys (M), Home Depot (HD) and Hewlett-Packard (HPQ) to name just a few. Investors will also have a lot of economic data and geopolitics to digest this coming week and in the weeks that follow. The Commerce Department will release the latest reading on third quarter Gross Domestic Product. Yahoo Finances Rick Newman thinks investors will be watching that report closely, as well...
  • All the lies of Wall Street

    02/21/2015 5:24:49 AM PST · by MeneMeneTekelUpharsin · 14 replies
    Thought and History | 21 February 2015 | Mene Mene Tekel Upharsin
    Interesting how the really bad weather NOW makes the stock market go up instead of down? Seems that some years ago, I noticed the indexes would fall after a bad storm and the media would immediately report that the economy was affected by the weather. Also, some military action in some other part of the world affected stocks here. I mean, it almost to the point of where if Obama farts, the market goes up (or down). Our sources of information have all been co-opted by the Devil. The general public has no clue to what degree the media has...
  • Fed fight heats up

    02/20/2015 5:34:48 AM PST · by Cincinatus' Wife · 12 replies
    The Hill ^ | February 20, 2015 | Kevin Cirilli
    The Federal Reserve is pushing back against mounting criticism of the central bank, even as those pushing for reforms ratchet up their attacks. Fed officials have in recent weeks met in private with staffers from both parties, focusing primarily on the Senate, according to sources familiar with the meetings. Meanwhile, Chairwoman Janet Yellen and other Fed officials have publicly sounded off against a proposal championed by Sen. Rand Paul (R-K.Y.) that would give Congress more sway over the bank. The uptick in outreach from the independent agency signals an effort to quell calls for significant changes at the Fed and...
  • The Unending High-Frequency Rip-Off

    02/17/2015 7:31:08 AM PST · by alexmark1917 · 19 replies
    This is an update to article written a few years ago. Everybody knows that retail and institutional investors are usually late to a trade. When they decide to buy, the wise guys are distributing or selling their shares to them and locking in their gains. When they sell, the wise guys are accumulating or buying their shares from them, again locking in their gains. How do the wise guys pull it off? The answer lies in the combination of reflexive human behavior and the use of high frequency, algorithmic (HFA) trading. With the advance of computer trading on a massive...
  • At record high, U.S. stocks look to extend breakout --Weekly Thread Feb. 16

    02/15/2015 9:51:16 AM PST · by expat_panama · 65 replies
    Weekly investment & finance thread ^ | February 15, 2015 | Freeper Investors
    [excerpt from Yahoo Finance] NEW YORK (Reuters) - U.S. stocks are poised for more upward momentum even as uncertainty over oil prices and Greek debt negotiations keeps the market on tenterhooks, analysts say.Strong fourth-quarter U.S. company earnings and signs of an overall improving economy, alongside what appears to be the start of a bottoming in crude oil prices, have given equities support.After starting 2015 with its sharpest monthly drop in a year and a spike in volatility, the benchmark S&P 500 (.SPX) hit an intraday record on Friday while the Dow Jones Industrial Average (.DJI) reached its highest point...
  • The Week's Investment Markets --Weekly Thread Feb. 8 - 14

    02/08/2015 10:42:35 AM PST · by expat_panama · 48 replies
    Weekly investment & finance thread ^ | February 8, 2015 | Freeper Investors
    [excerpt from NASDAQ Weekly Market Wrap: February 6, 2015 ] The fifth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all lower in afternoon trading on Friday. Most actively traded stocks include Bank of America (BAC) up 3.5%, Twitter (TWTR) higher by 15.9%, Frontier Communications (FTR) up 3%, and Sirius XM Holdings up 1.1%. The Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite are all significantly higher in the last five days of trading. Crude oil futures are higher this week, trading at $51.83 per barrel on...
  • A Darkening Market Sky [Maybe; Investment & Finance Thread Feb. 1]

    02/01/2015 10:49:28 AM PST · by expat_panama · 54 replies
    Weekly investment & finance thread ^ | January 30, 2015 | Freeper Investors
    On the left is the excerpt --from the expert linked inReal Clear Markets:A Darkening Market Sky- Anthony Mirhaydari, The Fiscal Times ByAnthony Mirhaydari, The Fiscal Times January 30, 2015 With the first month of the new year coming to a close, it's clear that 2015 is shaping up to be quite different from the smooth, easy climb investors enjoyed in 2013 and 2014.As recently as late December, the market optimism seemed indefatigable as stocks powered to new record highs on hopes for new stimulus from the European Central Bank, solid U.S. economic data and a strengthening tailwind to consumer spending...
  • Russian spy cell in New York ... Men tried to crash high-frequency radio messages used for trading

    01/28/2015 7:06:08 AM PST · by Whenifhow · 17 replies
    DAILY MAIL ^ | Jan 27 2015 | Daniel Bates
    Russian spies operating a cell in New York were trying to find ways to cause an economic meltdown, according to court documents. The three men allegedly wanted to destabilise high frequency trading systems, which were blamed for the Wall St Flash Crash of 2010. snip The FBI began investigating the men in 2010 after ten Russian spies living in the US were arrested, including red-haired femme fatale Anna Chapman. Last night the exposure of the latest spy ring threatened to turn into a diplomatic row as Russia said there was no evidence against the trio. Prosecutors in New York named...
  • What Experts Say about This Past Week--Investment & Finance Thread Jan. 25

    01/25/2015 10:11:11 AM PST · by expat_panama · 107 replies
    Weekly investment & finance thread ^ | Jan. 25, 2015 | Freeper Investors
    Considering the top headlines were about soft footballs this has to have been an easy no-brainer week for investments. Maybe; here's what he experts are telling us: [excerpt from Investors Business Daily At Davos, Hypocrites Tell Rest Of Us To Lower Expectations]Former Vice President Al Gore listens to singer Pharrell Williams... [snip]...talking, of course, about the annual confab at Davos, Switzerland, ...[snip] "The purpose," said former vice president and climate-change entrepreneur Al Gore, standing with hip-hop star Pharrell Williams, "is to have a billion voices with one message, to demand climate action now." OK, so how about you flying commercial,...
  • The United States Is Imploding, On The Eve Of Destruction.

    01/24/2015 6:04:06 AM PST · by alexmark1917 · 45 replies
    The United States is gradually, but unrelentingly, destroying part of itself. The facts to support this are well-documented, told in many ways from past to present. The most egregious example of Americide is our country's treatment of African-Americans. Almost everyone agrees about the evils of slavery, once dismissed simply as a Peculiar Institution. But a debate goes on about reparations, with passionate arguments on both sides, ranging from a demand for a Reparations Superfund for jobs and education, to a claim that blacks actually benefited from slavery because of the years of 'reparations' received through poverty programs. Reparations opponents insist...
  • 50,000 Wall Street jobs cut [Theres blood on the Street]

    01/19/2015 6:15:07 AM PST · by SeekAndFind · 31 replies
    New York Post ^ | 01/19/2015 | By John Aidan Byrne
    Theres blood on the Street. In a wild swing of the ax that has shocked many pundits, Wall Streets biggest banks have slashed nearly 50,000 jobs, and bonuses and expense money are being cut as profit opportunities dry up. And theres no easy way out, analysts say, because the Feds quantitative easing that once rescued the financial system with trillions of cheap dollars is at least for now history. But while some analysts were unnerved by the carnage announced by banks last week during their earnings calls, the warning signs were there before from lower trading and...
  • Learning to Love Market Chaos --Investment & Finance Thread Jan. 18

    01/18/2015 10:51:35 AM PST · by expat_panama · 70 replies
    Weekly investment & finance thread ^ | Jan. 18, 2015 | Freeper Investors
                          The main reason we try to predict markets is so afterward we can gloat saying we knew it all along.  Easy-peasy -- all we do is predict doom'n'gloom and eventually asset prices will sag.  Sure, most of the time prices go up, things grow and wealth is created, but the only time folks cry WHY!!?? is during the rough times. Then again, the other reason we figure out expected market trends is so we can make money.  That's not that hard either because over time most investments do better than say, cramming...
  • Average US Household Wealth Plunges to Only $656,039!! Details: Jan. 11 Investment & Finance Thread

    01/11/2015 10:06:38 AM PST · by expat_panama · 125 replies
    Weekly investment & finance thread ^ | Jan. 11, 2015 | Freeper Investors
              Average U.S.      Household Wealth             Real Estate $186,702     Durables $44,374     Deposits $81,497     Stocks/Business $422,126     Bonds $27,139     Misc. $7,598       ____________     Total Assets $769,435             Debts -$113,397       _____________     Net Worth $656,039           Something that snuck by me (and most people) last month was the Fed's quarterly Flow of Funds Report --their bigass number-dump that says where all America's money has...
  • U.S. stocks sell off; S&P 500 below 2,000

    01/06/2015 10:53:32 AM PST · by John W · 5 replies
    marketwatch.com ^ | January 6, 2015 | Carla Mozee
    NEW YORK (MarketWatch) Selling pressure on Wall Street intensified on Tuesday, sending the S&P 500 below the 2,000 level, as slumping oil prices and weaker-than-expected economic reports sent investors running for cover. Tuesdays selling action comes on the heels of a brutal sell-off on Monday, which saw the closely watched Dow Jones Industrial Average shed 331 points. Investors were scouring for safe industries such as utilities as well as U.S. Treasurys, pushing yields to the lowest levels since the Oct.15 mini-flash crash.
  • Obama Admin Requires Companies to Disclose Paycheck Inequality

    01/06/2015 11:54:49 AM PST · by Kaslin · 58 replies
    Townhall.com ^ | January 6, 2015 | Michael Schaus
    Waging class warfare can get pretty tiresome for some Democrats… Which kinda explains why they have decided to make companies wage it on themselves. As part of the regulation requirements in Dodd-Frank, publicly traded companies will soon have to spend millions of dollars, and hundreds of thousands of man-hours, to officially report how rich their CEO is compared to rank and file employees. According to the Washington Free Beacon:The provision is backed by labor unions like the AFL-CIO, which seeks to “shame companies into lowering CEO pay.” The price tag of the regulation is expected to be “substantial,” costing more than...
  • Elizabeth Warrens surprising compliment: Why comparisons to Ted Cruz are good

    01/05/2015 3:36:13 PM PST · by 2ndDivisionVet · 16 replies
    Salon ^ | January 5, 2015 | Heather Digby Parton
    It's reasonable to recoil when DC gasbags compare Elizabeth Warren to Ted Cruz. But here's its less-obvious upside. In one of the more memorable Senate speeches in recent memory, Senator Elizabeth Warren threw down the gauntlet to Wall Street in words that you dont often hear in that august body: she named names. Responding Citigroups complaints about financial reform, let me say this to anyone who is listening at Citi[group]. I agree with you Dodd-Frank isnt perfect. It should have broken you into pieces! Thats unusual. The millionaires club also known as the Senate is an unlikely place to hear...
  • "January Effect" an omen for 2015? --Investment & Finance Thread - Jan. 4

    01/04/2015 9:26:15 AM PST · by expat_panama · 117 replies
    Weekly investment & finance thread ^ | Jan. 4, 2015 | Freeper Investors
    A good January for stocks promises big gains for the year --or so goes the story goes (from Down January for stocks is bad omen for 2014 - USA Today) "How stocks fare in January often sets the tone for the full year". A lot of work's been done on this, and TradingSim reports that When the S&P500 has a net positive gain in the first five trading days of the year, there is about an 86% chance that the stock market will rise for the year, it has worked in 31 out of the last 36 years (as of...
  • Here's What 13 Top Wall Street Pros Are Predicting For Stocks In 2015

    01/03/2015 10:21:26 AM PST · by SeekAndFind · 8 replies
    Business Insider ^ | 01/03/2015 | Myles Udland
    In 2014, Wall Street's stock market forecasts proved too conservative. The S&P 500 closed the year at 2,058, above the year-end forecast of all but one strategist FundStrat's Tom Lee. For 2015, Wall Street sees stocks gaining some ground, but few strategists are calling for the fourth straight year of double-digit gains from stocks. The average year-end target on the S&P 500 is 2,225 on earnings of $125.35, with the median forecast for the S&P 500 to rise to 2,213 on earnings of $126. Tom Lee is a big bull again, as is Oppenheimer's John Stoltzfus and RBC's Jonathan...
  • US CHAMBER OF COMMERCE THREATENS GOP ON IMMIGRATION, SPENDING

    12/29/2014 8:22:15 AM PST · by Bratch · 39 replies
    Breitbart's Big Government ^ | December 27, 2014 | Dan Riehl
    Not only does the U.S. Chamber of Commerce think it is the only reason the GOP won in November, it is now threatening Republicans with opposition next go round if they dont lay down and give the Chamber precisely what it wants, including on immigration, increased spending on transportation, and economic deals that sweeten the pot for big business.Naturally,theWall Street Journalis there to carry the Chambers water: The U.S. Chamber of Commerce flexed its muscle in the midterm election, winning 14 of 15 Republican primaries in which it was involved and helping the GOP recapture the Senate. Now it wants...
  • 2015 Predictions; Investment & Finance Thread - Dec. 28

    12/28/2014 8:22:56 AM PST · by expat_panama · 121 replies
    Weekly investment & finance thread ^ | Dec. 28, 2014 | Freeper Investors
    [click to enlarge] Weird, all our doom'n'gloomers have disappeared! Usually the pundits are warning about the big upcoming market crash but look at what the latest "expert" predictions are for 2015 stock market returns: Outlook 2015: Year Ahead Reports & AnalysisOur 2015 year-end target for the S&P 500 is 2200, putting returns on a more-normal pace of 6%.Barron's CoverOutlook 2015: Stick With the Bull Wall Streets top strategists expect the S&P 500 to rally 10% Markets Wall Street bull: Market will rise another 14% in 2015 Add to this the fact that we're still overdue for ourlonger term...
  • Dow tops 18,000 as market reaches new highs

    12/23/2014 11:55:32 AM PST · by SeekAndFind · 10 replies
    Examiner ^ | 12/23/2014
    Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time. Traders have been encouraged by signs of strength in the U.S. economy and reassurances that the Federal Reserve won't interest rates soon. There was more encouraging news early Tuesday as the U.S. government reported that the economy powered ahead at a 5 percent annual rate in the third quarter. That was the fastest pace in more than a decade. The Dow Jones industrial average rose 43 points, or 0.2 percent, to 18,003 as of 9:35 a.m. Easter. The Standard &...
  • Hillary Clintons Wall Street Allies CRUSH Elizabeth Warren in the First Battle of the Dem Primary

    12/22/2014 2:29:43 AM PST · by 2ndDivisionVet · 12 replies
    The Washington Free Beacon's The Editor's Blog ^ | December 12, 2014 | Andrew Stiles
    Liberals powerless to stop the Clinton-Wall Street gravy train.Despite her best efforts and most passionate gesticulations, Senator Elizabeth Warren (D., Mass.) failed to shut down the government on Thursday, thus proving her political clout is vastly inferior to that of GOP colleague Ted Cruz. Warren had urged House Democrats to block a controversial spending package, which included a provision to roll back a portion of the Dodd-Frank financial reform bill known as the swaps pushout rule. Warren, for the record, does not like Wall Street. It is time for all of us to stand up and fight, she said on...
  • 2014 Recap --Looking Back; Investment & Finance Thread - Dec. 14

    12/21/2014 8:49:52 AM PST · by expat_panama · 51 replies
    Weekly investment & finance thread ^ | Dec. 21, 2014 | Freeper Investors
    2014 Recap --Looking Back; Investment & Finance Thread - Dec. 14 [click for link to list] Merry Christmas! We get to open some goodies a few days early here, first with the list of this past year's thread links (left) for a nostalgic walk down Memory Lane while we go over this past market strategies. Then we can number-plot check out how general markets fared. Stocks: Looking over the past year (as of Dec. 19) we're seeing the S&P 500 up 12.0% and the NASDAQ up 14.1% --above average! OK we've done better but I personally can live w/...
  • Boehners Head Fake

    12/18/2014 8:52:30 AM PST · by Oldpuppymax · 15 replies
    Coach is Right ^ | 12/18/14 | Suzanne Eovaldi
    So what did we just see happen in our Republican US House? Did John Boehner just do a head fake or what? His quid pro quo with the Democrats gets him and them amnesty along with a Christmas Wish List for Wall Street. In fact, wasnt benefiting Wall Street the real lynchpin of the massive Omnibus bill, not executive amnesty? Think about it. Boehner now becomes the Wall-Streeter in Chief, not President Obama, whom the Speaker actually used to pass his legislation! Wasnt the wished for defeat of executive amnesty just so much political theatre, what with the media screaming...
  • What Elizabeth Warren Missed in Her Big Bank Tirade

    12/16/2014 4:37:46 AM PST · by IBD editorial writer · 16 replies
    Investor's Business Daily ^ | 12/15/2014 | IBD Staff
    Crony Capitalism: Sen. Elizabeth Warren delivered a stemwinder speech last Friday on the need for government to rein in Wall Street influence. But it's big government that created the monster in the first place. Warren, D-Mass., was attacking a "dangerous provision" in the so-called cromnibus spending bill that, she said, stripped a part of Dodd-Frank that big banks, particularly Citigroup, don't like. Her speech had the left slobbering over itself. Michael Tomasky, writing for the Daily Beast, said Warren's "weekend heroics" made her the "most powerful Democrat in America." The Huffington Post ran a column calling it "the speech that...
  • Were Number Two

    12/14/2014 10:51:14 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 12/14/14 | Alan Caruba
    The fact remains that Main Street is in trouble. The nation requires an economy in which new businesses are created and existing ones can afford to expand. That is not happening The U.S. was the worlds number one economy prior to World War II, but it took off bigtime after the war and there has not been a day of my long life in which we were not number oneuntil now. The International Monetary Fund recently released its calculations regarding the worlds economy and concluded that China is the number one economy, producing $17.6 trillion in terms of goods and...
  • What Oil Shock and Repub. Cave Mean to Stocks and GDP; Investment & Finance Thread - Dec. 14

    12/14/2014 7:43:31 AM PST · by expat_panama · 158 replies
    Weekly investment & finance thread ^ | Dec. 14, 2014 | Freeper Investors
    So while nobody knows the future we still need to know what to expect from the week's two big headlines, even though our view can easily (and will probably) be muddied w/ other factors. So we deal with an unknown future by checking the historical record for clues on at what the news means to our future investment returns. What oil bargains do: namely, what's it doing to the economy and to investments; here's what tanking oil's done in the past (ya gotta LOVE the fed's data site) and how real oil prices (2014$ per barrel) track real GDP-- [click...
  • Is Elizabeth Warren the lefts Ted Cruz? Its not that simple.

    12/11/2014 1:02:08 PM PST · by 2ndDivisionVet · 16 replies
    The Washington Post's Post Politics ^ | December 11, 2014 | Sean Sullivan
    Have you heard the story of the first-term senator who is a hero to the party base and the subject of intense 2016 speculation -- the one who's willing to buck leaders on big bills, and has even lobbied House members to stand against a funding measure to keep the government running? It's the story of Sen. Ted Cruz (R-Tex.). This week, it's also the story of Sen. Elizabeth Warren (D-Mass.). Warren has emerged as the torchbearer of the liberal resistance on Capitol Hill to a $1.01 trillion bill to fund the government, which is facing the threat of a...
  • This Week --December 11 Budget Decision; Investment & Finance Thread

    12/07/2014 8:02:25 AM PST · by expat_panama · 81 replies
    Weekly investment & finance thread ^ | Dec. 7, 2014 | Freeper Investors
    Soap box time. Even as we speak the hired help in Washington are working out how to deal with the fact that the current budget continuing resolution expires this Thursday. We got rumors galore on what they're coming up with but let's face it-- this is just not their strong point. We're in a situation where the hired help is going to need our intensive supervision. I know it's a lot of work to keep 'em in line but it's what we do.We can google here to find your congress contact info and I found this site good for senators...
  • Obama Sues Companies for Complying with Obamacare

    12/05/2014 9:55:26 AM PST · by Kaslin · 35 replies
    Townhall.com ^ | December 5, 2014 | Michael Schaus
    What’s the easiest way to avoid getting sued by the Obama Administration? Well… If you come up with an answer, let the rest of us know. A company that has supported the President and his Affordable Care Act, is currently being sued by Obama for following the law. (Wait… “Affordable” Care Act? Can we sue Democrats for false advertising yet?)Welcome to Obama’s America. Where you can literally get sued for trying to comply with the law. (Boy… That’ll teach you.)Honeywell International Inc., and two smaller firms, are being sued for taking advantage of a specific provision in the ACA that...
  • Democrats assail Wall Street ties in Obama administration

    12/01/2014 5:00:31 AM PST · by Mozilla · 12 replies
    The Hill ^ | 12/1/14 | Peter Schroeder
    President Obamas nomination of Antonio Weiss to serve as the Treasury Departments top domestic finance official is drawing fire from an unusual sector: his fellow Democrats. Liberal lawmakers like Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) have been quick to oppose Weiss, a major investment banker with Lazard. Among their grievances is the fact that Lazards work is primarily in international finance and he is nominated for a domestic position. Theyre also critical of his role in structuring several tax inversion deals, which have drawn criticism from the president himself. But an underlying thread to the Democratic opposition is...
  • December/year-end Markets; Investment & Finance Thread

    11/30/2014 1:24:35 PM PST · by expat_panama · 99 replies
    Weekly investment & finance thread ^ | Nov. 30, 2014 | Freeper Investors
    Once again we can say we're looking at a great time for investing! OK, so it means we wince over last Friday's metals prices, but like who does metals anyway dude, like it's soooo 2013 even. That and the general feeling we get reading stuff like Gold mining industry mostly under water Gold Fields CEO (h/t Chgogal). Hey, I'm talking stock market year end "window dressing" January effect --check out the averages over the past 30 years for the Dow, S&P500, and the NASDAQ, they typically go up 3.4%, 3.6% and 4.8% respectively. On top of that...
  • Investment & Finance Thread November Rally Progress Report

    11/23/2014 12:48:39 PM PST · by expat_panama · 46 replies
    Weekly investment & finance thread ^ | Nov. 23, 2014 | Freeper Investors
    Investment & Finance Thread November Rally Progress Report Great time for investing! Gold & silver have been recovering for a couple weeks now and a stock index rally is already in it's sixth week. What's next --can it last? Pundits (as usual) are covering all sides, so anyone wanting to indulge their confirmation bias need only pick their favorite flavor op-ed: Downside Upside not de-sided Falling inflation a worry for Europe but also the world Cramer Remix: Warning about Friday's rally Global Economy Weekahead - Falling inflation a worry for Europe but also the world (h/t Chgogal)...
  • Investment & Finance Week Ending Nov. 16, 2014 --NOTHING HAPPENED!!

    11/16/2014 10:11:33 AM PST · by expat_panama · 43 replies
    Weekly investment & finance thread ^ | Nov. 16, 2014 | Freeper Investors
    Investment & Finance Week Ending Nov. 16, 2014 --NOTHING HAPPENED!! Investor's Business Daily said it well with their headline: "Stocks Wrap Up Do-Nothing Week With More Small Gains". For both S&P and NASDAQ this week's been tepid gains w/ falling volume Key question is whether we're looking at a top or not, and that's where analysts cite "quite volume" and "the distribution count remains low" (re "How To Tell An Uptrend In Stocks Is All But Over"). On the other hand (as they used to tell Truman) if we look at where we were a couple weeks into the...
  • How far off is a Detroit style collapse of New York City?

    11/14/2014 8:55:42 AM PST · by Oldpuppymax · 27 replies
    Coach is Right ^ | 11/14/14 | Kevin "Coach" Collins
    In 1950 Americas richest city was Detroit. Now it is nip and tuck with Cleveland as the nations poorest city. Today, in order to get into the sixth wealthiest spot on the list, the once wealthy and powerful New York City must be lumped in with Northern New Jersey and Long Island. By comparison Detroit was clearly better off 65 years ago than New York City is today. In 1950 Detroit relied on the auto manufacturing industry to fuel its economy and See the USA in your Chevrolet to keep the cars rolling off the assembly line. Sixty five years...
  • Stock Rally Stalls with Republican Win; Investment & Finance Thread Nov. 9, 2014

    11/09/2014 9:53:35 AM PST · by expat_panama · 48 replies
    Weekly investment & finance thread ^ | Nov. 9, 2014 | Freeper Investors
    Stock Rally Stalls with Republican Win; Investment & Finance Thread Nov. 9, 2014Whoa, the past week was decisive in more ways than one! A week ago we took inventory of then-current trends and considered which scenarios would lead where. All we knew for sure was that either things would stay their courses or we'd change direction. What happened is we dumped 'business as usual' --as far as trend-lines went-- and we now got signals pointing at "something new". That 'something new' might even be a basing/stage prep for a continued price surge (Stock Indexes In Pause Mode, But That...
  • The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare (Fake Story)

    11/08/2014 9:50:08 AM PST · by Bigun · 14 replies
    Rolling Stone ^ | November 6, 2014 | Matt Taibbi
    Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking By Matt Taibbi | November 6, 2014 "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'" Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported more on that later) to keep the public from hearing. Back in 2006, as a...
  • Investment & Finance Thread Market Rally Progress Report

    11/02/2014 9:30:08 AM PST · by expat_panama · 60 replies
    Weekly investment & finance thread ^ | Nov. 2, 2014 | Freeper Investors
    Investment & Finance Thread Market Rally Progress ReportStocks are up and metals are down. Details: major stock indexes have been showing a run up for the past three weeks --enough time to look at trading patterns. The past two uptrends (w/ both the NASDAQ and the S&P500) seemed to come in two parts, a 3-4 week burst followed by a month & a half stalling before the drop off. OK, so there's no law that says the current run-up has to follow suit but what we know is that for the next week prices within the trendlines are "business...