Archive for August, 2009

  • The Energy Bubble
    , August 31st, 2009 at 9:09 am

    George Trefgarne says we’re about to enter an age of cheap energy. For example, the U.S.’s supply of natural gas has effectively doubled thanks to [...]

  • Economists Predict They'll Be Disappointed
    , August 31st, 2009 at 8:32 am

    From a poll of economists: Three-quarters said they would like to see the government cut spending over the next two years, while only 28 percent [...]

  • Economists Predict They’ll Be Disappointed
    , August 31st, 2009 at 8:32 am

    From a poll of economists: Three-quarters said they would like to see the government cut spending over the next two years, while only 28 percent [...]

  • Canada to issue up to $3B in U.S. dollar bonds
    , August 31st, 2009 at 8:29 am

    Here’s an interesting story. The Canadian government is issuing bonds dominated in U.S. dollars. I didn’t know the Canadian government had done this before. The [...]

  • Nation's Unemployment Outlook Improves Drastically After Fifth Beer
    , August 28th, 2009 at 11:37 am

    From The Onion: WASHINGTON—Despite ongoing economic woes and a jobless rate that has been approaching 10 percent, U.S. unemployment projections drastically improved Monday after the [...]

  • Nation’s Unemployment Outlook Improves Drastically After Fifth Beer
    , August 28th, 2009 at 11:37 am

    From The Onion: WASHINGTON—Despite ongoing economic woes and a jobless rate that has been approaching 10 percent, U.S. unemployment projections drastically improved Monday after the [...]

  • Scary Sentence of the Day
    , August 27th, 2009 at 11:25 am

    This doesn’t look good: Bank of America, Citigroup, Fannie Mae and Freddie Mac have accounted for more than 40pc of all trading on the New [...]

  • Bernanke Victim of Identity Theft
    , August 27th, 2009 at 11:09 am

    If you’re going to take someone’s ID, targeting one of the most powerful men in the world might not be a good idea: Last summer, [...]

  • GDP Unchanged
    , August 27th, 2009 at 9:29 am

    The government revised its estimate for second-quarter GDP growth, and the revised number was the same as the initial report — -1.0%. Wall Street was [...]

  • Stocks Vs. Bonds—Another Look
    , August 26th, 2009 at 1:24 pm

    Here’s an interesting chart. I divided the total return of two index funds, the Vanguard 500 Index Investor (VFINX) by Vanguard Long-Term Investment-Grade (VWESX). The [...]

  • JoS. A. Bank to accelerate expansion
    , August 25th, 2009 at 1:17 pm

    This is good news for JoS. A. Bank Clothiers (JOSB): JoS. A. Bank Clothiers Inc. said Tuesday that it will open more stores in fiscal [...]

  • Medtronic's Earnings
    , August 25th, 2009 at 12:18 pm

    Medtronic (MDT) reported adjusted earnings of 79 cents a share which matched estimates. Revenues rose 6.1% to $3.93 billion. The market seems mildly displeased as [...]

  • Medtronic’s Earnings
    , August 25th, 2009 at 12:18 pm

    Medtronic (MDT) reported adjusted earnings of 79 cents a share which matched estimates. Revenues rose 6.1% to $3.93 billion. The market seems mildly displeased as [...]

  • Hussein Reappoints Shalom
    , August 25th, 2009 at 11:00 am

    Congratulations to Ben Bernanke for being renominated by President Obama. This is a good move on Obama’s part and I continue to believe that Bernanke [...]

  • Preview of Medtronic's Earnings
    , August 24th, 2009 at 1:25 pm

    Medtronic (MDT) is due to report its earnings tomorrow. The consensus on Wall Street is for earnings of 78 cents a share compared with 72 [...]

  • Preview of Medtronic’s Earnings
    , August 24th, 2009 at 1:25 pm

    Medtronic (MDT) is due to report its earnings tomorrow. The consensus on Wall Street is for earnings of 78 cents a share compared with 72 [...]

  • An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)
    , August 24th, 2009 at 10:55 am

    The Daily Mail: Many Lloyds TSB customers are being hit with charges of up to £200 a month if they go into the red – [...]

  • An overdraft? That’ll be £200 at Lloyds TSB (but only £15 if you’re a Muslim)
    , August 24th, 2009 at 10:55 am

    The Daily Mail: Many Lloyds TSB customers are being hit with charges of up to £200 a month if they go into the red – [...]

  • The New Gold Rush
    , August 24th, 2009 at 10:44 am

    The Washington Post reports that with the economy in rough shape and gold prices still near $1,000, folks are out there paning for gold. Literally. [...]

  • Nicholas Financial (NICK), a $12 Stock
    , August 24th, 2009 at 10:32 am

    Alex Bossert is an 18-year-old financial blogger in Minnesota. Check out his take on Nicholas Financial (NICK). The economic indicator that best correlates to Nicholas’s [...]