In a world that often times seems to be unraveling, the latest blow to the self esteem of US citizens is the dire predictions of the U.S. Postal Service (USPS) going belly up by the winter. Postmaster General Patrick Donahoe said in a hearing on Capital Hill recently that the US Postal Service is in a… Continue Reading
On behalf of the American people Obama could have added one job this year instead of coming in at 0. The amount of times Obama has gone golfing he could have taken one unemployed person as his own golf caddie. Wouldn’t that be an excellent form of job growth…100% and of course free trips for… Continue Reading
Today’s world of economic doomsday predictions might seem a little daunting for the everyday investor and that’s when you sit back an look at a company like Magma (LAVA) headed by Rajeev Madhavan and forget that the sky is falling. Currently Magma, which specializes in digital automation systems and software that enable semiconductor manufacturers to… Continue Reading
As prices around the world are rising for basic services, commodities like energy services seem to be a good bet. Lots of smaller oil companies based in North America have fared well, yet lots of investors want an approach that is more encompassing. Brookfield Infrastructure (BIP) actually invests in more than just oil and has… Continue Reading
As Moamar Gaddafi flees towards his twilight, the Libyan strongman has left his country in a state of turmoil, yet unlike other war ravaged countries, Libya has tremendous potential in oil wealth. Between 2006 and 2010 Libya was producing on average 1,789.155 to 1,809.577 barrels a day. Of course this output has been halted due to… Continue Reading
There are a lot of calls from investors to pick up some “low hanging fruit” in the market. While its true that you can find some potentially valuable stocks for cheap, there may also be a lot of duds. The trick is to sift through and see if a stock is unnaturally low and will… Continue Reading
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