DailyMarkets.com - 19 Facts About The Deindustrialization Of America That Will Blow Your Mind
DailyMarkets.com - 19 Facts About The Deindustrialization Of America That Will Blow Your Mind |
- 19 Facts About The Deindustrialization Of America That Will Blow Your Mind
- David Dreman (Basically) Announces His Retirement
- Bull Market Rally In Lumber Futures As Economic And Construction Growth May Increase Demand
- Jason Zweig Interview With Seth Klarman: Strongly Recommended
- Waiting For “Superman” Released Yesterday
- Update On The NYC “Taxi Cartel”; Medallion Prices Reach Record Highs In Aug. Of $609k And $825k
| 19 Facts About The Deindustrialization Of America That Will Blow Your Mind Posted: 25 Sep 2010 11:45 AM PDT The United States is rapidly becoming the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. It was America that was at the forefront of the industrial revolution. It was America that showed the world how to mass produce everything from automobiles to televisions to airplanes. It … [visit site to read more]
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| David Dreman (Basically) Announces His Retirement Posted: 25 Sep 2010 08:59 AM PDT David Dreman David Dreman the original contrarian, and one of the best value investors ever, announced that he will be scaling back his role earlier this week.
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| Bull Market Rally In Lumber Futures As Economic And Construction Growth May Increase Demand Posted: 25 Sep 2010 07:23 AM PDT Sept. 24 (Bloomberg) — “Lumber futures rose the most allowed by the Chicago Mercantile Exchange, capping the biggest weekly gain since July, as a rebound in demand for U.S. capital equipment bolstered prospects for industrial materials. Lumber futures for November delivery rose the CME's $10 limit, or 4.3 percent, to settle at $240.50 per 1,000 board feet at 1:13 p.m. in Chicago. This week, the price jumped 10 percent, the most since the five days ended July 2. The commodity has surged 38 … [visit site to read more]
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| Jason Zweig Interview With Seth Klarman: Strongly Recommended Posted: 25 Sep 2010 07:22 AM PDT Patience is a virtue.
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| Waiting For “Superman” Released Yesterday Posted: 25 Sep 2010 06:23 AM PDT “Guggenheim’s documentary Waiting for “Superman” (released yesterday) focuses on aspiring students and their parents, mostly minorities, together struggling against the odds to get admitted into urban charter schools. Lacking the money for private schools, or move to the suburbs where the schools are better — although not always good — having only neighborhood high schools that are “drop out factories,” these Americans have very few options. For many their only option is finding a … [visit site to read more]
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| Update On The NYC “Taxi Cartel”; Medallion Prices Reach Record Highs In Aug. Of $609k And $825k Posted: 25 Sep 2010 05:30 AM PDT The “priciest piece of aluminum in NYC” – a taxi medallion to operate a single cab in NYC – reached a new record-high of $609,000 in August for an individual medallion (see chart above, data here), more than double the average prices in 2004. The average price for a corporate-owned taxi medallion reached a new record high in July and August at $825,000. Membership in the “taxi cartel” certainly has its privileges: above-market returns of 17% per year for corporate medallions … [visit site to read more]
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