Many Americans are no longer looking to maximize returns on their assets. The new emphasis is on protecting investments from sharp declines in value.
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Archive for June, 2010In the aftermath of World War II, General Lucius Clay, Governor of the U.S. military zone in Germany, mentioned to West German Finance Minister Ludwig Erhard that “My advisors tell me that you should not try to balance the budget, but should engage in deficit spending.” Erhard’s response was, “My advisors tell me the same thing, but we are not going to do it.”
Jun
30
2010
 
Stocks End Lousy Quarter in Retreat: Here’s What You Need To KnowPosted by: yahootechticker in Yahoo Tech TickerFrom The Business Insider Wow, after yesterday’s big decline it looked like we might get a some kind of minor relief, dead-cat bounce rally. But nope! Things got VERY ugly late in the day. Bear in mind, this was the last day of the seco
Jun
30
2010
"The Worst President in My Lifetime": Howard Davidowitz on ObamaPosted by: yahootechticker in Yahoo Tech TickerPresident Obama is having a rough go of things lately. As noted here last week,
Jun
30
2010
BP Spill, Day 72: Could the Deepwater Horizon Disaster Destroy the Gulf?Posted by: yahootechticker in Yahoo Tech TickerFrom The Business Insider BP has confirmed its 45-ton blowout preventer is tilting sideways up to 15 degrees. Rogue scientists (the ones not working for BP or the government) point to tilting as evidence of a severely weakened
Jun
30
2010
Brad DeLong: Do As I Blog, Not As I PublishPosted by: realclearmarkets in RealClearMarketsNo economist has been more consistent about the need for the U.S. to borrow and spend than Berkeley blogger Brad DeLong, who left no doubt where he stood last November when he wrote that “anything that boosts the government’s deficit over the next two years passes the benefit-cost test - anything at all.” That, unfortunately, is where the consistency ends.
Jun
30
2010
Tesla Motors: After Detroit Goes Bad, Wall Street Finally Does Some GoodPosted by: yahootechticker in Yahoo Tech TickerTesla Motors continues to drive investor appetite a day after the company’s historic IPO. Shares of the electric carmaker are up sharply midday after debuting with a 41% gain Tuesday. Tesla is the first American automaker to go public since Ford
Jun
30
2010
Sorry, But House Prices Are Still Too High And They’re Going To FallPosted by: yahootechticker in Yahoo Tech TickerWe’re on our way to a second leg down in housing prices, says Barry Ritholtz, writer of The Big Picture a founder of investment research firm Fusion IQ.Why?In short, because house prices are still too high. … In 1938, Hugh Cudlipp changed the world by publishing a picture of a topless model in a newspaper called The Sunday Pictorial. From this point onward, the recipe for British tabloid journalism was fixed: strident politics, celebrity coverage and sexual titillation. Variations on the theme have sustained the tabloids’ role in popular culture and electoral politics for the past 80 years. It’s been an extraordinary run. But is it coming to an end?
Jun
30
2010
Govt. Belt Tightening Now Is a "Recipe for Disaster," Dan Greenhaus SaysPosted by: yahootechticker in Yahoo Tech TickerShould governments keep spending to fight the downturn or is now the time for austerity measures to prevent Greek-like crises? That’s the great debate right now on Wall Street and among the world’s leaders. “I’m in the camp that just doest see the va
Jun
30
2010
Bull Market Isn’t Dead Yet But "Cash Is Better Than Losing Money," Barry Ritholtz SaysPosted by: yahootechticker in Yahoo Tech TickerStocks tumbled Tuesday with the Dow shedding nearly 270 points to 9870. The Dow’s latest slide below 10,000 is grabbing headlines but traders are more fixated on the S&P 500: The index fell 3.1% but closed just above 1040, a major technical support le The oil disaster in the Gulf and concerns over global warming could spur greater interest in building nuke plants. That means new options for investors to explore. Regulators and Congress want new rules to help investors understand how much their retirement plans cost. That’s not all smart consumers need to know. With encouragement and advice from readers, I became debt-free and even saved an emergency fund. Here’s what else I’ve learned along the way. For-profit colleges are the fastest-growing sector of education, but will the federal aid that pours into these schools have results similar to the mortgage meltdown? |
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