The media relations team at Fox Business Network sent me quite the Chrismas card. It appears that the young network has inherited the super-competitive gene from it’s brother network Fox News.
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Checking in on the Trannies
No, not those trannies! Get your mind out of the gutter! Today we’re going to look at the Dow Jones Transportation Average and talk about why it matters. I must confess that I frequently lose track of what’s happening with the Transports or “Trannies” from time to time, but when we see new 52 week…
Godspeed Roy Disney, Entertainment Mogul and Activist Shareholder
We lost Roy Disney today, Walt’s nephew, a force within the Disney Corporation for decades and an activist shareholder who fought the good fight through his Shamrock Holdings vehicle. I’ll crosspost some of what Nikki Finke has up and then I’ll send you over to Deadline Hollywood for the rest. Godspeed, Roy. And thank you….
FOMC Statement Parsing
The FOMC’s non-event policy statement just came out. Needless to say, no change in rates. Here are a few snippets… Interest rates will remain near zero “for an extended period”. “Information received since the Federal Open Market Committee met in November suggests that economic activity has continued to pick up and that the deterioration in…
Glass-Steagal Comeback: Maybe a Good Idea…Just Not Now
I don’t have a strong opinion on what a new banking separation rule should look like just yet, but I do feel strongly that now is probably not a great time to ramp something like this up.
Get 'em Sam!
I love stories like these… The Boston Beer Company (SAM) raised guidance this morning and I gotta tell ya, I have no stock in the company but I love what I’m seeing. Here we have a great American brand beset on all sides by foreign competitors (yes, Budweiser is now an import) coming out and absolutely…
Euro: The Beatings Will Continue Until Morale Improves
The Euro’s troubles began earlier this month and with every upset gyro cart in Athens, the beatings have continued. From the WSJ: LONDON — Support for the euro has turned very soggy very quickly, with sovereign credit risk in Greece, banking stress in Austria and weak economic data all suddenly proving a major drag. The…
Fat Cats to Obama: Stop Comparing Us To Bankers
“The only similarities between cats and the TARP recipient banks are the fact that we all possess several lives and survive falls that we should not have been able to.”
ETF Inflation and Brown's Law of Wall Street Product Creation
Brown’s Law of Wall Street Product Creation:
“Wall Street products decline in quality, popularity and necessity with each iteration after the original.”
Digital Marketing Plan…LMFAO
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…