I try to stay as far out of political journalism as possible, because everything seems to boil down to subjective oppinions which have little substance. This article on Bloomberg is a prime example:
Higher taxes for hedge-fund managers and oil companies will not cover anticipated Obama tax cuts for the poor and middle- class, universal health care [...]
Archive for June, 2008
A democrat who runs a bigger deficit than Bush?
Posted in News, Politics, tagged Bob Rubin, Budget Surplus, Democrat, Obama on June 30, 2008 | 1 Comment »
A lot of doubt in the media…
Posted in Global Economy, News, tagged Bloomberg, Jim Cramer, Warren Buffett on June 27, 2008 | Leave a Comment »
This is some market, but as Warren Buffet says, “when everyone gets scared, I get greedy.”
That is not to say that this downturn is over, but something tells me we will have a relief rally next week. Just a hunch, but it will be the end of a REALLY bad month (down 8.5%), it’s a short trading week before America’s holiday celebrating our [...]
Jim Kunstler
Posted in News, tagged Jim Kunstler on June 26, 2008 | Leave a Comment »
http://jameshowardkunstler.typepad.com/
He’s an utterly cynical bastard, and I’ve never seen him this angry in a post. Brace yourself if you’ve never read his material before…
What the law of diminishing returns means for the US…
Posted in Global Economy, Stock Analysis, tagged Berkshire Hathaway, Citi, Emerging Markets, GE, Law of Diminishing Returns, Leverage, Value Investing on June 25, 2008 | Leave a Comment »
There are several applications of the Law of Diminishing returns, most commonly used in reference to marginal production of labor (which I could not find a good chart of), but in this case we also have an example of optimal power use.
There are also practical applications of this law to the markets, and stocks themselves. [...]
Can oil refiners see the light at the end of the tunnel?
Posted in Economic Forcasting, Stock Analysis, tagged Brazil, China, Oil on June 23, 2008 | 2 Comments »
This is a particularly interesting issue if we consider the long-term future of refiners. I, for one, am a buyer of peak oil. It seems as though no one can verify the amount of oil the Saudis claim to have (maybe this is why their relief efforts have provided NO RELIEF in crude futures market), and the only [...]
