(Forbes) — Investors buying bonds at the prevailing high prices are ‘making a mistake,’ billionaire investor Warren Buffett said. Buffett, speaking Tuesday at Fortune’s Most Powerful Women Summit in Washington, said it’s “quite clear stocks are cheaper than bonds” now. He added that he “can’t imagine” the rationale for adding bonds to your portfolio at current prices. Read More…
(Businessweek) — Is the American system of taxation nearing a watershed moment? It doesn’t seem like it, considering the political brawl in Washington over the soon-to-be-expired 2001 and 2003 tax cuts passed during the Bush era. Lawmakers have known for the past several years that, if they did nothing, the tax breaks would automatically end […]
(Entrepreneur) — Customers are constantly looking for ways to save money rather than spend more of it, so companies that position products in the premium price range may struggle. However, with the right formula, you can earn the right to charge customers more than your competitors do. If you’ve been marketing your products or services […]
(CNN Money) — These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities. “It’s awesome right now. I don’t think we’ll ever see another time like this,” said Tanya Marchiol of Team Investments, which has operations in about 10 states […]
(CNN Money) — Stocks closed higher Tuesday, recovering from steep loses earlier in the session, as investors looked forward to earnings from Apple and speculated about possible moves by the Federal Reserve. The Dow Jones industrial average (INDU) rose 75 points, or 0.7%. The S&P 500 (SPX) index rose 12 points, or 1%, and the Nasdaq (COMP) […]
(Forbes) — According to one leading expert, the Dow could hit 50,000 by 2015 and 100,000 by 2020. Should you buy? Maybe. But then, another expert says the Dow could lose 90 percent of its value and close below 1,000 by year end. Oh my! Should you sell? What’s a wise investor to do?
What's going to happen to the the United States Postal Service and the United States Census Bureau?
(Financial Times) — A more sober assessment of the benefits accruing to the global economy from China’s de-pegging of the renminbi and renewed concerns about the European banking system is breaking stocks’ 10-day winning streak. The FTSE All-World equity index is down 0.9 per cent, commodities are lower and the dollar is firmer as a more cautious […]
(Social Media Today) — In 2000 the Cluetrain Manifesto announced that “Markets wish to talk to companies”. This turned out to be a prophetic statement. Back then they already declared that markets consisted of conversations between people. They want (and can) communicate their opinions to companies. Companies that dispose of the talent to engage in a […]
The BP oil leak is a disaster has presented another opportunity for this Administration to launch its latest assault against capitalism.
(Smart Money) — Here we are again: Dow 10000, or very close to it. After another triple-digit slide Friday afternoon, the Dow Jones Industrial Average fell back below a benchmark that holds some psychological significance for individual investors keeping an eye on the headlines. But market watchers say that given current volatility, traders should get […]
Our economy would collapse instantly without oil, coal, and natural gas. But, the hype is so intense that I bet a large swath of people think we could slap a solar panel on the roof of a car and be off of mean old oil tomorrow.