Author Archive

  • State Favorability Ratings
    , February 22nd, 2012 at 12:35 pm

    Below are the results of Public Policy Polling’s poll of state’s favorability ratings. They asked voters across the country what their impressions were of each [...]

  • Britain’s New 50% Top Tax Is Failing to Boost Revenue
    , February 22nd, 2012 at 12:08 pm

    The UK Telegraph reports: The Treasury received £10.35 billion in income tax payments from those paying by self-assessment last month, a drop of £509 million [...]

  • Does the Stock Market Love Inflation?
    , February 22nd, 2012 at 10:13 am

    It appears so. Here’s a graph of the S&P 500 versus the 10-year inflation premium (the 10-year T-bond yield minus the 10-year TIPs yield). Since [...]

  • Obama Wants 28% Corporate Tax Rate
    , February 22nd, 2012 at 9:20 am

    From the AP: President Barack Obama is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower [...]

  • Walmart’s Trading Range Lives
    , February 22nd, 2012 at 9:08 am

    A few weeks ago, I noted that Walmart ($WMT) has been trapped in the “Mother of All Trading Ranges” for the last 12 years. Not [...]

  • Bloomberg: Stocks Cheapest in 50 Years
    , February 22nd, 2012 at 8:09 am

    According to an article at Bloomberg, U.S. stocks are near the cheapest level relative to bonds in 50 years. Here’s how it works: If we [...]

  • Morning News: February 22, 2012
    , February 22nd, 2012 at 5:49 am

    Greek Bailout Wins Two Cheers From Wary Investors Greek Crisis Raises New Fears Over Credit-Default Swaps New Bailout Is a Reprieve for Greece, but Doubts [...]

  • After Market Updates
    , February 21st, 2012 at 9:54 pm

    Ultimately, the stock market gave back some of its gains this afternoon. The S&P 500 closed at 1,362.21 which was just shy of the post-crash [...]

  • Sign-Up for My Free E-Letter
    , February 21st, 2012 at 2:19 pm

    Sign up today to receive my free e-letter CWS Market Review. In each issue, I’ll cover the news and information that you need to know [...]

  • Here Comes Dow 13,000
    , February 21st, 2012 at 11:16 am

    The stock market is up this morning and the Dow Jones Industrial Average is a mere 10 points from cracking 13,000. I hope this will [...]

  • Medtronic’s Earnings Disappoint
    , February 21st, 2012 at 10:50 am

    Medtronic ($MDT) just reported fiscal third-quarter earnings of 88 cents per share. That’s a decent number. It’s four cents more than Wall Street was expecting. [...]

  • Morning News: February 21, 2012
    , February 21st, 2012 at 6:18 am

    Greece Wins Second Bailout as Europe Picks Aid Over Default Draghi Stays Silent on ECB Role in Greek Bailout Nordic Currencies Stung in Debt Crisis [...]

  • 50 Years Ago Today
    , February 20th, 2012 at 1:06 pm

  • The Stock Market is Closed for Washington’s Birthday
    , February 20th, 2012 at 11:11 am

    The New York Stock Exchange is closed today in honor of George Washington’s birthday. That’s right — on the NYSE, it’s not President’s Day. My [...]

  • Morning News: February 20, 2012
    , February 20th, 2012 at 6:46 am

    Iron Lady Merkel Bucks German Street on Greek Aid Greek Rescue Close as Ministers Meet to Resolve Disputes Greece Eyes Bailout Deal Pressure, Chinese and [...]

  • “How Your Cat Is Making You Crazy”
    , February 18th, 2012 at 3:58 pm

    I don’t know much about this subject matter but I found Kathleen McAuliffe’s article in The Atlantic to be spellbinding. It’s long, but I highly [...]

  • $6 Trillion in Phony Treasuries Found
    , February 17th, 2012 at 1:08 pm

    Scary story from Italy: Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half [...]

  • The Lizard People Are Coming
    , February 17th, 2012 at 12:45 pm

    I don’t think people realize how much garbage advertising is on CNBC. But in the field of wretchedness, one commercial manages to stand out. If [...]

  • CWS Market Review – February 17, 2012
    , February 17th, 2012 at 9:41 am

    Despite repeated death notices, the most-hated stock market rally in history continues to march on. On Thursday, the S&P 500 closed at 1,358.05 which is [...]

  • Coke Raises Dividend for 50th Straight Year
    , February 17th, 2012 at 9:33 am

    Congratulations to Coca-Cola ($KO). The soft drink company just raised its dividend for the 50th year in a row. Coke bumped up its quarterly dividend [...]

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