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Market Recon: 10/4/2012
Stephen J. Guilfoyle “Sarge”, is the U.S. Economist at Meridian Equity Partners since 2007. Stephen joined Meridian after a long career at Credit Suisse. Stephen has worked on the trading floor of the NYSE continuously since July 1987 and actively serves as a Sergeant in the National Guard. *** Good Morning, What’s up for today?…
Clips from Today’s Fast Money
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The Triumph of Diversification
In a market meltup, it’s difficult for an advisor to make the case to certain clients that bonds have a place in their portfolios. They look at their bond holdings with disdain during periods where they drag against a runaway stock market. These are the same clients who are furious that they’re fully invested through…
View of the World, Apple Maps Version
Cartoon.
The Kraft Foods – Mondelez Spin-Off: Frequently Asked Questions
Today Kraft Foods (KFT) spins off its global snack business, Mondelez Foods, to investors as a separate publicly traded company under the ticker MDLZ. “Why are they doing this?” Because when you’re as big as Kraft Foods, you get bored and run out of things to do. You certainly can’t grow any larger so the…
Economic Recoveries 101
There’s a lot of concern out there about the next recession – and yes, I promise it’s coming.
Felix Salmon vs Taco Bell
Video.
re: Broke Athletes
“By the time they have been retired for two years, 78 percent of former NFL players have gone bankrupt or are under financial stress; within five years of retirement, an estimated 60 percent of former NBA players are broke.” – Sports Illustrated Last night it seemed like the whole entire world was watching the ESPN…
Hot Links: Super-Wonky
Your morning financial links, expertly curated.