Hey Kids, I’m an ardent patriot and as American as apple pie, or the apple-flavored pie they serve at McDonalds. That said, I came across the below video, not exactly flattering to Americans in general, and thought I’d pass it on. For my friends who don’t feel like reading the Wall Street Journal, here’s a…
Bail-ski: A Toast to the Russian Oligarchs, They're Gonna Need It
Forbes Russia just put out its 100 Wealthiest Russians lists and in the spirit of Glasnost, I thought I’d open up the discussion here. The numbers are out and the news is uglier than that thing on Gorbachev‘s head for Russia’s billionaire oligarch class… From Forbes Russia via The Guardian UK: The number…
Hot Links: CNBC, Positivity, Thomas Weisel & Credit Cards
Hot Links for Weekend Reading Ever wondered what CNBC actually stands for? Its their 20 year anniversary, so check out The Business Insider (the old Clusterstock) for the answer and amaze your friends and co-workers! Also on TBI, James Cramer breaks his silence on his appearance with The Daily Show’s Jon Stewart. Twas an ambush….
TGIF Market Recap: 6th Straight Winning Week, Now Its On!
The Reformed Broker, AKA Sir Ticks-a-Lot, here with today’s Market Recap… OK, listen up! I want to see all the sectors who went up this week take one step forward…Not so fast Metals and Miners! The 2:30 Look: Worst Performing Industries % Change Silver -4.67% Gold -3.47% Jigginess is in the air this Spring, whether…
Citigroup's Greatest, Bestest, Most Wonderfullest Quarter Ever (since 2007)
Oh, Vikram. Can it be true? Are you really rolling and pushing the bloated, rotting whale corpse that is Citigroup slowly back into the ocean and thus, back to life? From the New York Times: Citigroup reported first-quarter net income of $1.6 billion, after posting a loss of $5.11 billion in the period a year…
Market Recap: Bulls on the Loose, Google in the On Deck Circle
The Reformed Broker, AKA Phat Albert, here with today’s Market Recap… A lot of churning in the markets this morning, but the resolution was clearly to the upside. The Dow Jones Industrial Average is now at the highest point since the wheels fell off in early February. The consumer recovery plays were the winners today, with everything…
Jamie Dimon For President
Jamie Dimon doesn’t just Beat the Street, he Owns the Street. I read somewhere that 20% of the world’s money market funds were currently with JPMorgan Chase. I can’t remember where I heard it, but if that’s even close to accurate, that’s a remarkable statistic and it shows you who’s going to be the big…
Market Recap: Stocks and Lindsay Lohan on the Rebound
[vodpod id=ExternalVideo.810875&w=425&h=350&fv=key%3D0d646e2edb] The Reformed Broker, AKA Pine Cone Jones, here with today’s Market Recap… Much like Lindsay Lohan (from my hometown), who, according to the above eHarmony video, is getting back on the dating scene, stocks rebounded today from yesterday’s bout of profit-taking. The true battleground today was at 840 on the S&P, which my…
Paid Newspaper Sites? What. Ever.
[vodpod id=Groupvideo.2371771&w=425&h=350&fv=] Here’s another venture trying to figure out how to throw up a 20th century gate in front of online newspaper content: From the New York Times (still free): Three longtime media executives are building an automated system to allow newspapers and magazines to charge for online access…Journalism Online L.L.C., aims to supply publishers…
Market Recap: Hot Hospitals & Goldman's Lyin' Eyes
[vodpod id=ExternalVideo.810392&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA The Iron Condor, here with today’s Market Recap… The double and triple-long bank crowd may have stayed one day too late as the financials took a breather, with the KBW Bank Index (BKX) off over 6.5% on the day. Maybe the enthusiasm for the group waned on the heels of Goldman‘s…
