Monthly Archives: April 2011
Amgen Inc. Earnings: $1.20 EPS on $3.17 Billion in Revenues
Qualcomm Inc. Earnings: $0.86 EPS on $3.62 Billion. Clear Beat Top and Bottom
Higher mortgages coming
Inflation Moving Lower
While prices in some areas are moving lower; this article does not address the value of money or wealth destruction. All of which contribute to a consumer feeling the pressure when food, energy, medical costs, and educational tuitions are rising very rapidly.
Technically this article may be correct, but realistically inflation is abound for Joey the plumber and his family.
Comments »Crack Spreads Get Beat Down; Like Ike on Tina
Fun With Energy
Charlie Sheen: Disband the Fed and Send the IRS to Prison
Bank of America: Brent to Soar to $140 Over Next Quarter
Top Percentage Gainers and Losers Today
Preview To Apple Earnings
Look You, I Will Do What I Want When I Want…Be a Good Serf Now
Ben Bernanke gives speech on financial literacy
Apparently April is “Financial Literacy Month.” Who knew?
Comments »The recent crisis demonstrated the critical importance of financial literacy and good financial decisionmaking, both for the economic welfare of households and for the soundness and stability of the system as a whole. Good financial choices depend on reliable and useful information, presented in an understandable way. Essential components of personal financial management include an understanding of how to budget strategically, use credit, save to build personal wealth, and shop for and choose suitable financial products.
Wynn Resorts Credit placed on watch positive by S&P
Hedge Fund Assets top $2 trillion
Comments »The global hedge fund industry now controls total assets worth $2.02 trillion, according to Hedge Fund Research. That’s up $102 billion from the first quarter of 2010 and is more than the industry had in the second quarter of 2008, when assets peaked at $1.93 trillion.
GM’s Dan Akerson defends rebate program
CEO Akman says that those rebates increased revenues for the company.
Comments »GM surprised the industry — and Wall Street — when it raised discounts by $400 per vehicle in January and February. Most automakers didn’t raise them because demand for new vehicles has been rising in line with supply.
$6 Gas
Taxpayer Expense Account Causes Blindness
QE2 Fails: Bank Lending Falls Markedly
A boom in speculation has been a result of QE2
Total loans fell steadily since introducing QE2:
