Saturday, October 16, 2010

DailyMarkets.com - The Unvarnished Truth

DailyMarkets.com - The Unvarnished Truth


The Unvarnished Truth

Posted: 16 Oct 2010 05:12 PM PDT

Sometimes even those you least expect will speak the unvarnished truth. In “‘We’re at Risk of Financial Collapse’: Ken Clarke’s Warning for Western Economies,” a British career politician (who served in Prime Minister Margaret Thatcher’s cabinet) reveals just how tenuous things really are:
The West is in 'grave danger of financial collapse', Kenneth Clarke warned last night.
We face 'quite the most dramatic' spending cuts in 'living memory', the former chancellor added as the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Top 5 Economic Graphs For The Week Ended 17 October 2010

Posted: 16 Oct 2010 05:01 PM PDT

This week we look at the recent trade data out of the US and China, then we look at developments in the US inflation situation and what implications it may have. We also review the inflation situation in the EU before reviewing the US consumer sentiment numbers.

1. China Trade Data
First up is the September trade data from China, imports hit a record high at $128.1 billion (24.1% y/y), and exports of $144.9 billion (25.1% y/y) leaving a trade surplus of $16.9 billion. The September … [visit site to read more] or compare Best Credit Cards and Best CD Rates


A Supply-Siders Investment Thesis

Posted: 16 Oct 2010 04:31 PM PDT

Milton Friedman

By Seeking Delta of http://seekingdelta.wordpress.com/
"If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of sand." ~Milton Friedman
Last week, I had the opportunity to attend a presentation titled "Around the World in 90 Days" by Dr. Victor Canto. Dr. Canto is the founder of LaJolla Economics and earned his Ph.D. in economics from the University of Chicago. He is very much a proponent of supply-side economics and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Trading The Market Vectors Junior Gold Miners ETF (GDXJ)

Posted: 16 Oct 2010 03:01 PM PDT

Market Vectors Junior Gold Miners ETF (GDXJ) has measured targets of $36.50 and $39.00. The first target was hit yesterday.

Will GDXJ reach $39.00 or will it backtrack to previous resistance at $32.00? In any case, know your plan. If GDXJ snaps back to $32.00 to retest the breakout then that would be an opportune time to add to positions, especially if you failed to do so in the summer. If GDXJ continues to soar, then one could reduce their risk by taking some gains at the target of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


How Diversity Punishes Asians And Poor Whites

Posted: 16 Oct 2010 01:15 PM PDT

From Princeton Professor Russell K. Nieli’s article “How Diversity Punishes Asians, Poor Whites and Lots of Others”:

“A new study by Princeton sociologists Thomas Espenshade and Alexandria Radford is a real eye-opener in revealing just what sorts of students highly competitive colleges want — or don’t want — on their campuses and how they structure their admissions policies to get the kind of “diversity” they seek. The study draws from a new data set, the National Study of College Experience … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Weekly Technology Report

Posted: 16 Oct 2010 09:00 AM PDT

10/16/10 Earnings and corporate takeover speculation boosted the tech sector. Apple increased its distribution for the iPad, adding Wal-mart to its line of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


No comments:

Post a Comment