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markets
by leon on March 10, 2010
What's wrong with this picture? In the height of the worst economic crisis in the United States since the Great Depression, the number of millionaires is up.According to research from the Spect...
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by leon on March 6, 2010
Obama's political troubles in the United States and Australia's total incompetence at getting a carbon trading scheme up and running can only mean one thing: the European Union's Emissi...
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by leon on February 21, 2010
So the US Mortgage Bankers Association is now predicting that the foreclosure crisis is coming to an end with national mortgage delinquency rate falling to 9.47% in the fourth quarter and the numbe...
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by leon on January 2, 2010
The best that could have been said about 2009 is that it could have been a lot worse. Still, it was pretty bad and there's no guarantee things will pick up that quickly. If anything with the le...
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by leon on December 30, 2009
Are we about to see the end of free TV?That's the question now coming up with cable television giant Comcast's $6.5 billion deal that will give it 51% of a new joint venture that includes N...
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by leon on December 28, 2009
We are entering a new era with the latest GDP figures showing that China is now the world's second largest economy, overtaking Japan. Unlike China, Japan does not have a massive pool of cheap l...
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by leon on December 28, 2009
The last few months have been extraordinary to watch. The US economy remains in the toilet and the disasters in Dubai and Greece tell us there is a sick global economy but US stocks have risen 70% ...
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markets
by leon on December 24, 2009
One in four American children might be on food stamps, the ratio of US household debt to disposable income is 125% (which means people owe more than what's coming in) and US unemployment has to...
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by leon on December 12, 2009
How will the markets go in 2010? It's clear that 2008 was the year of the banking meltdowns, and 2009 was the year of stimulus packages. So what can we expect next year? Will the rally continue? O...
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markets
by leon on November 28, 2009
For the most part, you wouldn't think that artists would have much to like about capitalism. But a new paper, Art and Money suggests that artists can make big bucks out of capitalism.The researche...
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by leon on November 22, 2009
While Michigan's unemployment is at 15.1%, Detroit's rate is at close to 28%, thanks to years of mismanagement by Ford, Chrysler and GM. Things are so bad in Detroit now that they can't even bury ...
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markets
by leon on November 18, 2009
While the global economy continues to improve, the situation in the United States is more grim where the going is slower than expected. The US economy is facing a long hard haul back with debt lev...
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markets
by leon on November 10, 2009
To fix the unemployment problem, economist Paul Krugman suggests the US Government bring in a WPA (Works Progress Administration) -type program, the same sort of approach that was adopted in the N...
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markets
by leon on November 8, 2009
Earlier this year, I did a blog entry slating the business schools for helping create the market meltdown. The Women on the Web site followed up with a brilliant roll call of MBAs, or Masters of ...
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markets
by leon on November 2, 2009
Just a few days ago was the 80th anniversary of the stock market crash. October 29, 1929, or "Black Tuesday" was the day that resulted in banks collapsing and the once-roaring US economy sinking i...
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by leon on October 31, 2009
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by leon on October 28, 2009
Should the big banks be broken up. Certainly the chorus from top financiers calling for a bust up is growing.Earlier this month, former Federal Reserve chief Alan Greenspan said the banks needed ...
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by leon on October 27, 2009
Is the stock market over-valued? Can we expect it to fall again?In an interview with the Financial Times, which I blogged about here, billionaire financier George Soros warns that we can expect a ...
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by leon on October 25, 2009
The big profits made by the banks did not come through talent or hard work. They're just a free gift, says billionaire financier George Soros.In an interview with the Financial Times, Soros says s...
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markets
by leon on October 18, 2009
Can investors be controlled from making dumb mistakes? How do you ensure investors keep a cool head?The Economist reports that electronics company Philips and Dialogues Incubator, a venture spons...
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markets
by leon on October 11, 2009
How can you believe Government Sachs, I mean Goldman Sachs? During the week, Goldman's CEO Lloyd Blankfein told The Wall Street Journal
that the investment house received no special treatment i...
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by leon on October 5, 2009
Want a ride in a Harley? Check into a hotel.The Los Angeles Times reports that hotels are now giving away rides on Harley Davidsons, and in Mercedes, Porsche or BMW convertibles to attract patrons. ...
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markets
by leon on October 5, 2009
It's astonishing enough to read reports that France, the most celebrated country for cuisine, is the second most profitable market in the world for McDonald's. The chain conquered France wit...
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by leon on September 29, 2009
Another sign that the stock market is out of sync with the real world.On one hand, new figures show that the gap between the richest and poorest Americans is getting wider. As reported here, the wea...
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markets
by leon on September 26, 2009
China is embracing carbon trading and it will change things forever. Indeed, China is likely to become a dominant player.First, let it be said that a carbon trading system in China is still in its i...
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by leon on September 24, 2009
Is this a bull market or a bear market rally? Commentators like Clem Chambers at Forbes say the market rally seems to have all the hallmarks of a bull market."Another good augur for a bull mark...
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Information About
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by leon on September 21, 2009
President Obama has flagged his concerns about the direction of news and has dropped a big hint that the US Government could help prop up the declining newspaper industry. But will it do any good?I...
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by leon on September 20, 2009
Forget all the talk from Bernanke that the recession is over. Nobel Prize winning economist Joseph Stiglitz says the recession won't be over until 2012, at the earliest.In an interview with Dail...
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by leon on September 17, 2009
Investors might be cheering with US Federal Reserve chairman declaring that the recession is over, but they should take a deep breath and wait. It's not over yet.If the recession is well and tru...
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by leon on September 13, 2009
