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Daily Archives: October 3, 2008

Ronaldmcdonald

Some Companies Don’t Give A Damn About Recession: The Hamburger And Beer Economy (WMT)(PG)(CL)(MCD)

Posted: October 3, 2008 at 5:24 am

Ronald McDonald has just had a big meal and is picking his teeth.The stock market is telling him that McDonald's (MCD) won't be hurt by the recession. At $62, the ...
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The False Economies Of Falling Oil And Commodities Prices

Posted: October 3, 2008 at 4:56 am

The cost of a barrel of crude has fallen from $147 this summer to $95. On the abacus that is a drop of 36%. Gas is not down nearly that ...
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Newspaper

Media Digest 10/3/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: October 3, 2008 at 2:59 am

According to Reuters, the House will vote on the bailout bill today.Reuters reports that JP Morgan (JPM) will not keep the CEO of WaMu.Reuters reports that John Thain of Merrill ...
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Jap

Asia Markets 10/3/2008 (TM)(PTR)

Posted: October 3, 2008 at 2:22 am

Markets in Asia were sharply lower and Shanghai was closed.The Nikkei fell 1.9% to 10,938. According to Reuters, Toyota (TM) hit a three-year low and Nissan hit a seven-year low. ...
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