Dear Motley Fool, Please stop spamming Yahoo Finance. For every 5 Motley Fool articles Yahoo links to in the Headlines section, I estimate 2 or 3 of them are a thinly veiled landing page for you to sell a newsletter subscription. I don’t have a problem with the pitch, just the disguising of that pitch…
Q3 GDP and Jobless Claims First Look
Two big numbers out this morning, we’ll put up the initial take on both: GDP (from Bloomberg) The U.S. economy grew in the third quarter for the first time in more than a year, propelled by stimulus-driven gains in consumer spending and home building. The world’s largest economy expanded at a 3.5 percent pace from…
Hot Links: Tudor on Gold, Galleon's Color, Net Quick
Stuff I’m Reading this Morning… IMPORTANT: 3rd Q GDP report out this morning, forecasters are looking for this to be The Turn. (Bloomberg) Guess who’s hard at work building his second Too Big To Fail insurance conglomerate? (LOLFed) Paul Tudor Jones on the Great Liquidity Race and his bullish outlook for gold. (PragCap) Galleon pushed…
Trick or Treat CEOs
I’m guessing he won’t be ringing Ken Feinberg’s doorbell either.
Doug Kass on Fast Money
My fave pundit Doug Kass appeared on CNBC’s Fast Money last night and contrary to my expectations, they actually slowed it down enough to let him get some good points across. Nicely done, guys. [vodpod id=ExternalVideo.889076&w=425&h=350&fv=] a>”
The Danger of Earnings Season Extrapolation
Yes, we all get excited when an Amazon.com scorches their earnings forecast or when an Apple Inc. Suge Knights the whole sell-side with a massive beat, but should that enthusiasm really spread to other stocks? One of the dangers of extrapolating the good earnings reports out of Apple, Amazon or Intel is that in reality,…
Hot Links: The Creepiest Places on Earth
Stuff I’m Reading this Morning… Overseas markets sell off over US consumer confidence fears (they’re worried we’ll stop buying their crap). (Bloomberg) George Soros on the markets and which hard assets stocks he’s buying. (PragCap) Remember the DC Sniper? Sayonara motherf%$#er. (NYP) The Fly on CNBC‘s traffic…and his own. (iBankCoin) Todd Harrison talks about the…
Droppin' Knowledge: Pimco Poetry
Pimco’s Bill Gross channels The Bard in his monthly missive, but also makes some interesting points on the current state of the markets. Here’s his intro: A cold wind from the future blows into my nighttime bedroom, more often than not during those midnight hours when fear dominates and hope retreats to a netherworld. This…
A Whole Episode of Fast Money in One Sentence
CNBC’s Fast Money program is definitely entertaining, and if there are no syndicated reruns of Diff’rent Strokes on, I will occasionally tune in. My fave pundit Doug Kass will be on this evening and, I assume, he will try his best to keep up with the frenetic pace of the banter. If he doesn’t, they may…
Dear Private Equity People: Too Soon Guys, Too Soon
I wrote about 2 IPOs recently that I felt were hideous in their capital structure and pointless for investors based on their use of proceeds. One of those deals, The Dole Food Company (DOLE), had its debut yesterday and for pretty much the reasons I outlined, The Street’s reception was similar to what Michael Richards…