Monthly Archives: March 2011
Aussie Dollar Keeps Climbing; Especially After Retail Sales Report
PPI Rises More Than Expected Around the Horn
Portugal Misses Key Target to Reduce Budget Deficit; Increasing Risks for a Bailout
Geithner Calls For Currency Exchange Rate Flexibility
Failed Merger May Bring Nationalization to Spanish Banks
Rumor: Chemical Biological Incident Response Force Deployed to Fukushima
Rumors are floating about the USMC special unit designated to dealing with disasters, such as Fukushima, being deployed in order to help the Japanese government. This comes after reports that radiation levels in the sea water near the plants are hitting their highest levels ever.
Comments »Thursday Watch
The $100 Roll
$100 Roll Candidates, complements of The PPT. Click here for charts
Comments »New York state legislature passes $132.5 billion spending plan with big cuts but no new taxes
Reuters: Click here for story
Qihoo 360 IPO, Someone Got This Very Wrong
Qihoo 360 Technology Co. (NYSE: QIHU) is not just another Chinese IPO for American investors. This one brought the growth theme of China, the internet, and security all in one offering. Click here for story.
Comments »EEM, Prarie-Doggin’
It’s been a long, long time since Emerging markets had the upper hand in terms of relative strength. Click here for story.
Comments »Apple reportedly absorbing increased costs from supply disruption in Japan
A new report out of the Far East alleges that Apple has agreed to absorb increased costs for upstream Japanese components in order to prevent shipping delays of the iPad 2. Click here for story.
Commission-free ETF trading at Scottrade now
Using their Morningstar ETFs: http://www.indexuniverse.com/hot-topics/9039-focusshares-etfs-make-splashy-return.html
Comments »Hong Kong shares rise, spurred by bank earnings
Hong Kong stocks rose early Thursday, getting a lift in the wake of solid earnings reports from a number of corporations, Click here for story
Comments »Woodshedder’s Family Biz Shut Down By SC Gov’t Regulators
By Harriet McLeod
CHARLESTON, South Carolina (Reuters) – Looking for raccoon meat? You won’t find it at a country convenience store in South Carolina after state health inspectors told employees to throw out their supply.
Tipped off by a complaint, inspectors recently found the cleaned raccoon meat in plastic bags inside one of the store’s coolers, along with bagged ice.
“In my 28 years with the agency, it’s the first time I’ve heard of this,” Thom Berry, spokesman for the state Department of Health and Environmental Control, said on Wednesday.
“My inspectors, they see all kinds of things, but this is something new even to them.”
The Lucky 7 store — located in Gadsden, near the state capital of Columbia — removed the meat upon request, Berry said. But when inspectors went back several days later, they found it outside the building near some trash.
Read the rest here.
Comments »Unleash The Kraken….or The Jackals These Days
Japan Weighs Entombing Nuclear Plant on Chain Reaction Risk
“Japan is considering pouring concrete into its crippled Fukushima atomic plant as the United Nations’s nuclear watchdog agency warned that a potential uncontrolled chain reaction could cause further radiation leaks.”
Read the rest here.
Comments »Bill Gross: Without A Gigantic Reform of Entitlements, America Will Default
Robert Reich: We’re Heading Back Toward a Double Dip
But corporations do not need to rely on the American consumer….at least that’s what the tv said
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