Ellis Weiner kills it with this piece in the New Yorker. Picture writing a book for a publisher only to be informed of a digital marketing plan like this: To start: Do you blog? If not, get in touch with Kris and Christopher from our online department, although at this point I think only Christopher…
Joshua M Brown
Forbes: Exxon's Nat Gas Acquisition Points the Way
Rex Tillerson, CEO of Exxon Mobil, just slapped the global oil industry upside the head with his $41 billion deal to buy nat gas giant XTO.
Anticlimactic.
Let me get this straight… Citigroup Raising Tens of Billions To Pay Back TARP! The Abu Dhabi Cavalry Rides to the Rescue to Bailout Dubai! Exxon Mobil Announces $41 Billion Buyout of Nat Gas Giant XTO Energy! and the S&P 500 is up (drumroll)….. 7 points. Dow up 32. Wake me up in January, the…
Decoding Fund Brochures
Fund Brochure Says: Balanced.
What it Really Means: “We Will Underperform Both the Stock market AND The Bond Market. You’re Welcome.
Hot Links: Peregrines Back on Top
Stuff I’m Reading this Morning… Abu Dhabi steps in with a $10 bil Dubai bailout, stocks rally around the world. (Bloomberg) The latest from Tall Paul Volcker, who’s come out of his shell finally. (TBP) Roubini sees the next bubble in the “barbarous metal” that is gold. (Clusterstock) and (LOLFed) 10 Investment Themes for 2010. …
about those lagging indicators…
By Tom Toles
Mint's Return Of Retail (Holiday Season 2009)
Did the consumer come back during the 2009 holiday shopping season? Here’s an infographic from Mint.com that says yes.
Hot Links: Berlusconi Punched, S&P Rejiggered, Drug Loot Bailed Out Banks
Stuff I’m Reading on Sunday Afternoon… Frank Rich: The George Clooney layoff movie (Up In The Air) is the perfect coda for a dark year. (NYT) Italian PM Berlusconi punched in the face like ten seconds ago by a protester. (Guardian) Big money in old skool kicks. The ’85 Air Jordans are worth thousands. (Forbes)…
Dear Class of 2010, Here Are Your Job Options
To those of you who will be graduating next spring, use these five industries as your starting point for locating job opportunities. The upside for those engaged in bankruptcy, union labor, regulation, lobbying and big government will be nothing short of staggering.
Paul Wilmott on Britain's Windfall Banker Tax
They actually did it in Great Britain… From the New York Times: In Britain the first shots have just been fired by Alistair Darling, the chancellor of the Exchequer, our very own, very unlikely Wyatt Earp. On Wednesday he introduced a windfall tax of 50 percent to be paid by banks on discretionary bonuses above…
