Bailouts Could End With Ireland
There is a broad expectation that contagion will rise as Ireland is bailed out by EU nations and the IMF. Much like Greece, Ireland could not afford to finance its debt. Fears about default…
All Work
Douglas A. McIntyre
Why The Chinese Love Their Bosses
Chinese and Indian workers believe that they have bright futures and that their employers and superiors will take care of them. That is the conclusion of a recent survey by Kenexa, an employment research…
Economists Voice More Anxiety About The Economy, Probably With No Effect
Economists in general were sanguine about the economic recovery as late as early fall. The optimism began to slide and the economy’s downward momentum has begun to accelerate. The highly regarded survey by the National Association…
Media Digest (11/22/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: EU and the IMF began to work out details of an Ireland bailout. Ireland will finish work on a $20 billion set of budget cuts. Reuters: China has started to work on programs…
Ireland Chokes
Earlier in the weekend, there appeared to be a chance that Ireland would avoid a bailout from EU nations and the IMF. It was reported later that Ireland might take a $130 billion rescue…
Facebook Has Nearly One Of Four Internet Page Views In US
Facebook is a dominant presence on the internet and around the world, but that dominance may be greater than nearly anyone could have imagined. Traffic to the huge social network now accounts for nearly…
Airport Security Screening – TSA’s Dog and Pony Show
By Robert Herbst Since the 2001 terrorist attacks, over seven billion passengers have gone through US airport security and not a single terrorist has been caught! For clarification, I am not a “security expert”;…
EC To Hammer Ireland On Its Four-Year Economic Plan
The European Commission plans to give a “thorough assessment” of a four-year budget plan to be released on Tuesday. According to the Irish Times, “The European authorities and the IMF are working on the basis…
WSJ: Investigation Of Insider Trading May Be Biggest Ever
According to information supplied by The Wall Street Journal to its subcribers: Federal authorities are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation. The…
Top Investment Trends For Futurists (FFD, AFK, EZA, PHO, PIO, PXN, TINY, LIT, BP, PBW, PZD, PBD, REMX, NLR, MOO, GLD, BBH, IBB, FPX, IPOSX)
Futurists are an odd lot. Generally, they are authors, scientists, consultants and economists. What many people don’t know is that investors follow this philosophy as well. Their goal is to pick winning investment themes…
Retail Stock Prices On Fire, Home Builders Burning Down (URBN, COH, LTD, PHM, DHI)
There is a strong revival of retail stocks occurring after two years of the damage done by a free fall in consumer expenditures. Retail companies that are part of the S&P 500 have been…
Motorola, Back From The Dead, Gives Apple A Run For The Money
The Apple (NASDAQ: AAPL) iPhone may appear to be invulnerable at the top of the smartphone food chain, but it may soon have company. ChangeWave reports “Among individual iPhone models, the iPhone 4 received…
Volkswagen and Toyota Fight for #1 Spot
German automaker Volkswagen AG (OTC: VLKAY) doesn’t exactly say that it wants to be the world’s largest carmaker. Instead it says that it plans “to make Volkswagen the world’s most future-proof automotive group.” Whatever…
The Twitter-24/7 Wall St. Market Report 11/19/2010 Harrah IPO, Bernanke & China
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Today’s Best Market Rumors (11/19/2010) Pimco Funds, KKR M&A
Updated throughout the day. Shares of Actelion are up on takeover rumors (Reuters) KKR (NYSE: KKR) is about to buy Del Monte (NYSE: DLM) (Reuters) Pacific Investment Management Co (PIMCO) will raise $1 billion to…
The Nine Most Mismanaged Charities In America
Rating the non-profit sector is tricky. The main ratings services Charity Navigator and BBB Wise Giving Alliance are both flawed. Moreover, some in the non-profit world object to the idea of assigning grades to…
China Tries To Make Its Economy Normal, Raise Banks Reserve Requirements By 50 Basis Points
China wants its economy to be like the ones in many other large nations. It wants slow GDP growth and tiny inflation–just like the United States. To get on that path, China has raised…
The Sovereign Debt Crisis: Why The Greeks Won’t Pay Taxes
Most of the attention paid to the sovereign debt crisis in Europe, currently highlighted by trouble with Ireland, is about sharp cost cuts, higher retirement ages, and new taxes. The collection of taxes already…
Dell: Bad Business Practices Trump Earnings
Dell (NYSE: DELL) reported especially strong earnings for its last quarter. Revenue was up 19% to $15.4 billion. Net income rose 144% to $822 million. CEO Michael Dell was bold to say “Our strong results…
Bernanke Defends The Faith Against China
“Globally, both growth and trade are unbalanced. Because a strong expansion in the emerging-market economies will ultimately depend on a recovery in the more advanced economies, this pattern of two-speed growth might very well…