Stuff I’m Reading this Morning… READ THIS FIRST: Marla Singer submitted this op-ed to the New York Times, which they probably will never run. (ZeroHedge) Americans are no longer the big spenders in this world. (SmartMoney) Fellow inmates say Bernie Madoff is dying of cancer in prison. (NYP) Steve Forbes has a new book out…
Joshua M Brown
What Your Favorite Blogs Said at the Bottom
The S&P 500 and Dow Jones Industrial Average bottomed out at around 666 and 6500 respectively on Friday, March 6th of 2009. Just for fun, and because it’s been too hot to go outdoors, I thought I’d take a look back at what my favorite financial bloggers were talking about as we stared into the…
More Hot Links: Tightwad, Missouri
More Hot Links for Weekend Reading… Plan B: Starting your own business if job offers don’t come your way. Very informative article. (NYT) John Hancock launches a mutual fund based on technical analysis. (Bloomberg) What the hell is going on with Porsche? CEO’s house raided? That VW thing not over yet. (ZeroHedge) The ridiculousness of…
Don't Get Too Excited About Tech Just Yet
With the Nasdaq up over 22% year-to-date and many tech stocks on the receiving end of big upgrades recently (Goldman practically proposed to Google this past week with their endorsement), many investors have begun digging in the crates for some of their old favorite tech stories again. Eric Savitz‘s Technology Trader column in Barron’s today…
The Top 10 Investor Traps According to the NASAA
For 90 years, the North American Securities Administrators Association (NASAA) has been committed to protecting and educating individual investors. The other day they put out a list of what they believe to be the Top 10 Investor Traps, and I thought they’d done a pretty good job of summarizing some of the major pitfalls that…
OMG: Dow Jones Index Business For Sale!
Since 1884, the Dow Jones Industrial Average (and to a lesser extent, the DJ Transportation Average) has been the most widely-followed and broadly-used measure of US blue chip stock performance in the world. And Rupert Murdoch, who acquired the Dow Jones Company to get the Wall Street Journal, is putting it up for sale via…
Yet Another Example of Why World War III is Inevitable
[youtube=http://www.youtube.com/watch?v=CEWMwjisnDc] Sad.
Natural Gas: The Washington Generals of the Commodities Market
Yesterday the price of natural gas dipped under $3 per thousand cubic feet, the lowest level for the commodity in 7 years. With spot crude roughly 100% higher than it’s ’09 low and in an environment where virtually every agricultural, industrial and precious commodity is showing gains for the year, nat gas stands alone as a major…
Hot Links: Roubini Backlash & The Battle of the Books
Stuff I’m Reading this Morning… Is the Nouriel Roubini Backlash underway? If so, then Damien Hoffman has just fired the opening salvo. (WSCheatSheet) The battle of the books: Google blocked by Yahoo, Amazon and Microsoft consortium. (DealBook) Rolfe takes issue with the Buffett op-ed from this week. (Reuters) Goldman Sachs getting serious about it’s image,…
Where Does the Money Go for US Consumers?
Click Image to Embiggen Source: How the Average US Consumer Spends (VisualEconomics)
