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Daily Archives: February 7, 2009

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Management Forecasts And The Inevitability Of Exaggeration

The press has not learned, despite repeated experiences, that televangelists, medical researchers, elected politicians and chief executive officers are often incapable of telling the truth. That is not to say ...
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OPEC’s Final Humilation

The price of crude oil has refused to rise even though OPEC has lowered production and threatened to further reduce exports. The September decrease of two million barrels a day ...
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Week Ahead: Coke vs. Pepsi Investor Taste Test (KO, PEP)

This coming week will mark the earnings reports for two key household consumer stocks, both of which were supposed to be defensive.  The Coca-Cola Company (NYSE: KO) reports earnings on ...
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IMF: Depression May Have Already Started

For some countries, it may already be too late to keep their economies in a recession hoping for a recovery late in the year.That notion would make some sense. In ...
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