Monday, October 18, 2010
The Results...
Monday, October 4, 2010
Roubini on Crisis
The global economy will suffer a "couple of financial crises over the next 10 years" as financial reforms are not going in the right direction and not enough is being done, warned Nouriel Roubini. Click here to read the article.
Saturday, September 25, 2010
Nobel Prize
This year’s Nobel Prize announcements start on Monday October 4th. You can visit Nobelprize.org and watch live the announcements. The new Nobel Laureates generally receive the news by telephone from the Nobel Prize awarding institutions just minutes beforehand. Also in order to be informed for the very latest news you can sign-up for news feeds.Click here to read all the Nobel Prizes in Economic Science.
Tuesday, September 21, 2010
Cramer’s Top 11 American Companies
Chanos on Yuan
"We think there's a big speculative bubble that's going on over there and it's having knock-on effects on certain things like commodities or materials," Chanos told CNBC Tuesday. "We're short the property developers, we're also short basic materials companies." Click here to read the article...
Monday, September 20, 2010
How has the crisis changed economics?
Monday, September 6, 2010
Thursday, August 26, 2010
The Most and the Least Shorted
In the following lists you can find from Seeking Alpha an overview with the most and least shorted stocks in the S&P 500 index, based on the short ratio.
Top 10 Most Shorted
Fastenal Co. (FAST): 12.87
Cerner Corp. (CERN): 12.43
Waste Management, Inc. (WM): 12.43
CMS Energy Corp. (CMS): 11.43
Integrys Energy Group, Inc. (TEG): 10.55
Roper Industries Inc. (ROP): 10.31
Mylan, Inc. (MYL): 10.13
Total System Services, Inc. (TSS): 10.13
Moody's Corp. (MCO): 9.98
Cincinnati Financial Corp. (CINF): 9.47
---
Top Ten Least Shorted
Apple Inc. (AAPL): 0.43
McAfee, Inc. (MFE): 0.46
The Goldman Sachs Group, Inc. (GS): 0.65
Cisco Systems, Inc. (CSCO): 0.68
SanDisk Corp. (SNDK): 0.69
Pactiv Corp. (PTV): 0.75
MetLife, Inc. (MET): 0.75
Hasbro Inc. (HAS): 0.81
Bank of America Corporation (BAC): 0.82
PerkinElmer Inc. (PKI): 0.82
McAfee, Inc. (MFE): 0.46
The Goldman Sachs Group, Inc. (GS): 0.65
Cisco Systems, Inc. (CSCO): 0.68
SanDisk Corp. (SNDK): 0.69
Pactiv Corp. (PTV): 0.75
MetLife, Inc. (MET): 0.75
Hasbro Inc. (HAS): 0.81
Bank of America Corporation (BAC): 0.82
PerkinElmer Inc. (PKI): 0.82
* Short Ratio: A sentiment indicator that is derived by dividing the short interest by the average daily volume for a stock. This indicator is used by both fundamental and technical traders to identify the prevailing sentiment the market has for a specific stock.
Thursday, August 19, 2010
W
One of the basic questions today is whether Western governments should spent more in order to avoid a second recession or to hold down in order to restore the confidence among investors. Albert Edwards from Societe Generale says that this debate is a waste of time. Click here to read the full article from Prison Planet for the second recession that Edwards forecasts.
Below you can find some key points from the article:
Below you can find some key points from the article:
Albert Edwards reverts to his favorite economic concept, the “Ice Age” in his latest commentary piece, presenting another piece in the puzzle of similarities between the Japanese experience and that which the US is currently going through.
Edwards focuses on the disconnect between bonds and stocks, and synthesizes it as follows: “investors are finally accepting that what is going on in the West is indeed very similar to Japan a decade ago. For years my attempts to draw this parallel have been met with hoots of derision but finally the penny is dropping.” The primary disconnect in asset classes as the Ice Age unravels, for those familiar with Edwards work, is the increasing shift away from stocks and into bonds, probably best summarized by the chart below comparing global bond and equity yields – note the increasing decoupling. This is prefaced as follows: “The reaction of bond markets is wholly appropriate given it seems we are heading into outright deflation. The increasing divergence of bond and equity market yields that has been a key plank of the Ice Age will continue (see chart below). Equities will look increasingly cheap relative to expensive bonds.”
If the market is allowed to find its natural place without endless Fed manipulation (and not necessarily of stocks: the outright open intervention of USTs, MBS, and monetary aggregates is sufficient), the plunge lower will be severe, dramatic and instantaneous. Which explains why on Tuesday everyone anticipates a new message of monetary loosening, regardless of the form it ultimately takes.
General Motors Co. filed for an initial public offering that may be the second-largest American I.P.O in history. The aim of the offering is cutting the government’s stake to less than 50 percent.
Click here to read the article from Bloomberg.
Thursday, August 12, 2010
Laffer curve
Laffer curve, the idea, popularized by economist Arthur Laffer and writer Jude Wanninski in the 1970s and '80s, is nothing more than a representation of the relationship between government revenue raised by taxation and all possible rates of taxation. In this curve the increasing tax rates beyond a certain point will become counterproductive for raising further tax revenue.
Click here to read an article from Dylan Matthew with tax experts giving their opinion for where the Laffer curve bends in U.S or in other words which is the revenue maximizing rate.
Tuesday, August 10, 2010
Krugman on Ryan and Ryan on Krugman
Click here to read the comments of Paul Krugman on the "Ryan Plan" for solving the fiscal problem in the U.S. and here for the response of the Republican congressman Paul Ryan of Wisconsin...
Book Proposal
The Cartoon Introduction to Economics: Volume One: Microeconomicsby Grady Klein and Yoram Bauman
For more information please click here
Monday, August 9, 2010
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