With Irene having passed through the North East, Wall Street is set to reopen its doors. Everyone can breathe a sigh of relief and quiet moment of thanks that there was not more damage, but the US economy seems to be slowing none the less. The most significant indicators pointing to a possible double dip… Continue Reading
Due to Hurricane Irene, airlines have canceled about 9,000 flights all along the eastern seaboard, north of North Carolina. I don’t believe that the economic effects of this will be significant to the airline industry because travelers will still have to get home so they will fly a day or two later. But what is… Continue Reading
In today’s world you never know how bizarre it could get. Like some unforseen hand directing our country to catastrophe Hurricane Irene seems to be heading into downtown NYC before the morning bell on Monday. Already investors have been uneasy about Ben Bernanke’s empty words coming this Friday. Increased joblessness rates didn’t help and counteracted… Continue Reading
Investors are pinning their hopes on market salvation stemming from Bernanke’s address at Jackson Hole, Wyoming this Friday. Many people believe he will take the time to introduce QE3 since he used the same venue to introduce QE2 allowing markets to rise above their present levels. “As the week progresses, all eyes will turn to… Continue Reading
Its interesting to see that after Moody’s downgraded Japan’s credit rating the world did not fall apart. Asian markets were trading a little lower and the price of gold went up, with many people in Asia buying physical gold. The American markets did not react dramatically to the downgrade like they did to the American… Continue Reading
Although the downgrade of Japan’s credit rating has surprised many. It shouldn’t come as a huge surprise. Japan’s economy has suffered a systemic malaise for a near 20 year period. True, it has seemed to bounce out of it at times, but it is stagnant, being dwarfed by the Chinese juggernaut. The earthquake solidified and… Continue Reading
Darling International is a green company that is over 100 years old. It is essentially a garbage recycling business which takes animal waste products from meat packaging plants and used cooking oils from restaurants and recycles them into useful products such as bio fuels etc. According to Darling’s CEO, Steve Stuewe, Darling recycles millions of… Continue Reading
Proctor and Gamble, that household name that we all grew up with, is also an excellent company for trading. First, it is a very stable company. Its produces beauty, grooming, baby care, family care, fabric care, home care, health care, snacks and pet care products. These are mainly basic necessities or functional products rather than… Continue Reading
Gold has been going up as oil tumbles and the dollar is revealed as a weak currency. Louise Yamada, the founder of Technical Research Advisors, LLP and a former Head of Technical Research at Smith Barney (Citigroup), appearing on Yahoo’s Breakout highly recommended buying gold. She was recorded saying that gold is in a structured bull… Continue Reading