November 8, 2011 - Quote of the Day
?The bond markets are telling the truth about the financial markets right now. It?s not being told by the equity markets,? said Constance Hunter, chief economist at Aladdin Capital Management of bond house.
Entries by DougD
What?s up with BYD?
When I first bought shares in the Chinese electric car manufacturer, BYD (BYDDF) (or Build Your Dreams) in 2009 on the heels of Warren Buffet?s 10% investment, it looked like a total home run. The stock soared from $1.50 to $11, given me a paper return of 730%. Undercover, I Totally Blend Last year, the
European Style Homeland Security
The English are feeling the pinch in relation to recent events in Libya, and have therefore raised their security level from "Miffed" to "Peeved." Soon, though, security levels may be raised yet again to "Irritated" or even "A Bit Cross." The English have not been "A Bit Cross" since the blitz in 1940, when tea
November 8, 2011 - Quote of the day
?There are more beauty parlors than there are beauties,? said the late CBS commentator, Andy Rooney. The same can be said about stock brokers. He also said ?I just wish insignificance had more stature.?
November 7, 2011: Quote of the Day
?I?m not a dove or a hawk on monetary policy, I?m an owl,? said Richard Fisher, president of the Federal Reserve Bank of Dallas.
Testimonial
A full double on my FXE puts means?a dancing girl for you. You deserve it! Raising a glass to the Greek Prime Minister as I type this. Thanks John. You rock!! CK
Goodbye Steve Jobs, Hello Dividend?
Analysts continue to be stunned by the rate at which cash is rolling into Apple (AAPL). At current cash flows, the company?s hoard is expected to grow from $81 billion to $120 billion by next June, an increase of nearly $200 million a day! So far, the company has resisted every entreaty to part with
October Nonfarm Payroll Surprise Points to Market Upside
The October nonfarm payroll came in at a pedestrian 80,000, compared to 158,000 in September, a rate that is somewhat less than what matches population growth. But it is the numbers behind the numbers that will deliver the big market impact. The headline unemployment rate came in at a nosebleed 9.0%. August and September were
Report From Australia
SPECIAL AUSTRALIAN ASSET CLASS REVIEW I am writing this report on the ferry boat from Sydney to Manley, where I will attend a gathering of Australia based hedge fund managers to absorb their collective wisdom. I have deliberately taken the slow boat,? so I have the time to give this report the depth
November 3, 2011 - Quote of the Day
?Economics is extremely useful as a form of employment for economists?, said noted Harvard economics professor, John Kenneth Galbraith.