Fannie Mae (FNM): Reverse Splits As The Last Refuge For The Weak

Reverse spilts are the tools of companies which cannot keep their share prices up through good management and sound operation.  read more »

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[Source: The Money Blogs]

Black Friday survival guide

I'm not a shopper. And I hate getting up early. So you won't find me anywhere near a mall, department store or discount outlet tomorrow, at daybreak or later. However, I realize I'm in the minority.  read more »

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[Source: The Money Blogs]

Chesapeake Energy, Largest US Natural Gas Producer, Runs Out Of Cash

YahooFinance is reporting Chesapeake Energy may sell $1.8B stock to get cash .  read more »

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[Source: The Money Blogs]

Gold starting to shine again

Traders approached the Thanksgiving holiday in an upbeat mood on Wednesday, enabling the benchmark S&P 500 Index to bag its fourth straight session of gains.  read more »

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[Source: The Money Blogs]

Credit card Laurens won't be disciplined

The Lauren Coopers of the credit card industry (that's the obnoxious student of Catherine Tate fame) didnt shuffle into Whitehall chewing gum and skip out an hour later smelling of roses


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[Source: This is Money | Money blog]

Industry outrage should not halt this PPI victory

When a trade body pledges to 'work closely with the authorities on these proposals', it's code for 'over our dead bodies, sunshine'


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[Source: This is Money | Money blog]

Everything you wanted to know about China ...

Brad Setser writes: If you only read one thing on China this fall ... Make sure it is the latest World Bank China Quarterly .  read more »

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[Source: The Money Blogs]

Panic In China Over Jobs, Economy, Cotton

The Telegraph is reporting China slashes interest rates as panic spreads .Factory workers surround a damaged police car during a protest outside Kai Da toy factory in Dongguan, China.  read more »

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[Source: The Money Blogs]

Playing footy with the Post Office

No amount of clever use of smoke and mirrors can take away the fact 2,500 post offices have been forced out of business in 18 months by meddling bureaucrats.


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[Source: This is Money | Money blog]

Fed, Treasury Announce Plan to Jumpstart Lending

Experts offer Arizona economic forecasts from ASU News, reports that experts will be delivering their forecasts for Arizona and the U.S. at the 45th Annual Economic Forecast Luncheon.  read more »

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[Source: The Money Blogs]

Annuities advice? It's money for nothing

So, while you may not have heard a peep from your adviser for 20 years, they'll still get a chunk of your pension. Galling - isn't it?


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[Source: This is Money | Money blog]

Europe Inflation Rate Plunges, ECB Expected to Cut 1/2 Point

Those pointing out the lagging nature of inflation, inflation meaning prices in this case, have called things correctly.  read more »

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[Source: The Money Blogs]

What's your Black Friday initiative?

* Fold up my sleeping bag and be the first to rush into my favorite retail outlet
* Split the family into recon teams and hit all the best sales at once
* Go to the mall, maybe buy something if there's a good deal
* Window shop and admire the things I still can't afford
* Proceed as planned with post-Thanksgiving tryptophan coma


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[Source: The Money Blogs]

Heinz's Ketchup on Financial Comments

Heinz (HNZ) reported fairly good results for Q2. Apparently ketchup will do well in the current economic difficulties. But listen to the way senior officers explain themselves.  read more »

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[Source: The Money Blogs]

Community Banks Refusing TARP Funds (AUBN, HARL, UBCP, AMNB, KRNY)

In a time of trouble, crisis, and inability to raise capital, there are many banks out there which have decided to refuse the government's bailout TARP funds.  These banks appear to be more solid  read more »

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[Source: The Money Blogs]

House prices: What the Government forecasts

What does the Government think will happen to house prices? The answer can be found buried in the turgid prose of the Pre-Budget Report.




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[Source: This is Money | Money blog]

Hannah Jones and the travel insurance disgrace

Hannah Jones, 13, is dying and wants to go to Disney. The failure of the travel insurance industry means she can't. Help us to help her...


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[Source: This is Money | Money blog]

Why the commodities super-cycle means my book was worth writing, I hope

This is Money's investing correspondent Philip Scott has written a soon-to-be-released book on commodities. He explains why the commodities super-cyle means the time spent slaving away rather than down the pub will pay off, at least he hopes it will


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[Source: This is Money | Money blog]

Holiday Shopping Scrooge

Santa Claus may be hard at work as the holidays approach, but he will find many Americans struggling with a troubled economy.  read more »

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[Source: The Money Blogs]

Durable Goods Orders And Consumer Spending Plunge

In yet another sign the recession is steepening U.S. Durable Orders Collapse, new orders for manufactured durable goods in October decreased $12.7 billion or 6.2 percent to $193.0 billion, the U.S.  read more »

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[Source: The Money Blogs]

More on New Home Sales

Click on graph for larger image in new window. First, here is a long term graph of new home sales and inventory from the Census Bureau.  read more »

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[Source: The Money Blogs]

Recession Watch: Jobs, Durables, Income, Spending

If you were looking for good news before the holiday, you might need to look at the pre-sales and discounts for retail or might want to reed some nice children books.  The economic data does not  read more »

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[Source: The Money Blogs]

When Toyota (TM) Has A Rating Cut, The Auto Business Really Is In Trouble

Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings.  read more »

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[Source: The Money Blogs]

Cavaliers

FINTAG COMMENT  Last night I watched the Knicks being slaughtered at Madison SquareGarden and a fire breathing LeBron James sporting more tattoos thanskin, wow the crowds.  read more »

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[Source: The Money Blogs]

2008 EPS Estimates: Nobody Knows

With only one quarter left in the year, analysts are still uncertain about the outcome of 2008.  Shown below are the bottoms up 2008 EPS estimates for the S&P 500 and the ten economic sect  read more »

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[Source: The Money Blogs]

How to Succeed in the Current Market Conditions

These are uncertain and confusing times. Everywhere you look, any conversation you listen to, it is about the economy and its impact on our lives.  read more »

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[Source: The Money Blogs]

Annuities advice? It's money for nothing

So, while you may not have heard a peep from your adviser for 20 years, they'll still get a chunk of your pension. Galling - isn't it?

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[Source: This is Money | Money blog]

How Scientists Helped Cause Our Financial Crisis

Garbage in, Garbage out. Models are not reality. Models only help explain reality and therefore help our understanding of a reality that is generally too complex to fully grasp.  read more »

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[Source: The Money Blogs]

What's your Black Friday initiative?

* Fold up my sleeping bag and be the first to rush into my favorite retail outlet* Split the family into recon teams and hit all the best sales at once* Go to the mall, maybe buy something if there's a good deal* Window shop and admire the things I still can't afford* Proceed as planned with post-Thanksgiving tryptophan coma

Read More...

[Source: The Money Blogs]

Healthy price consolidation ahead of the holiday

After two straight days of large gains, the major indices entered into a healthy, sideways consolidation that allowed stocks to finish with mixed results.  read more »

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[Source: The Money Blogs]

Our short-term trading plan

For the first time in months, stocks followed up a big day of gains with another strong advance, but lower turnover across the board was disappointing.  read more »

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[Source: The Money Blogs]

Coca-Cola Bottling Files To Raise Cash (COKE)

Coca-Cola Bottling Co.  read more »

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[Source: The Money Blogs]

Please name my discount real estate company

Name This is an online company that allows someone to ask for help in naming their new business enterprise or product and then allows others to suggest the best name.  read more »

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[Source: The Money Blogs]

Bailout Pledges Hit $7.7 Trillion

Bloomberg is reporting U.S. Pledges Top $7.7 Trillion to Ease Frozen Credit . The money that"s been pledged is equivalent to $24,000 for every man, woman and child in the country.  read more »

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[Source: The Money Blogs]

Remember, Markets Rebound Before Economic Data Improves

As we head into 2009, the economic backdrop looks gloomy. Two important measures in particular, employment and corporate earnings, are set to deteriorate further throughout next year.  read more »

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[Source: The Money Blogs]

The Geithner Bottom?

The appointment of New York Fed President Timothy Geithner - "not Wall Street guy" - as Treasury secretary in the incoming Obama administration is this week's most compelling market mood  read more »

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[Source: The Money Blogs]

Holiday Edition of sales tax holidays

This week is the official start of the year-end holiday season.And that typically includes spending time looking for the perfect gift.  read more »

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[Source: The Money Blogs]

Employment Situation Worsens (But Still Better Than the Worst of the 1990s)

Over at voiceofsandiego.org I put up an article about the October employment figures with the typical chart plus a comparison with the 1990s recession.  read more »

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[Source: The Money Blogs]

Krugman on Citigroup Bailout: "a lousy deal"

From Paul Krugman: Citigroup Mark Thoma has the rundown of informed reactions.  read more »

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[Source: The Money Blogs]

Price-to-Rent Ratio

In October 2004, Fed economist John Krainer and researcher Chishen Wei wrote a Fed letter on price to rent ratios: House Prices and Fundamental Value .  read more »

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[Source: The Money Blogs]

Has Hank Paulson Been A Good Treasury Secretary?

Now that Hank Paulson is a lame duck, and we"ve seen the majority of his contributions as Treasury Secretary, we can begin to assess whether he has been handling the unfolding economic downturn ef  read more »

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[Source: The Money Blogs]

House prices: What the Government forecasts

What does the Government think will happen to house prices? The answer can be found buried in the turgid prose of the Pre-Budget Report.

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[Source: This is Money | Money blog]

The NYU Finance Department Has a Blog!

NYU has one of the largest and best finance faculties around (most surveys place them squarely in the top 5 programs in terms of research output).  read more »

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[Source: The Money Blogs]

Tiger Woods Ends His Worst Endorsement Deal (GM)

General Motors (NYSE: GM) and Tiger Woods are calling their current endorsement deal quits.  The company and the world's greatest golfer have agreed to an amicable separation which will end his e  read more »

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[Source: The Money Blogs]

S&P 500 "undercut" of its year 2002 low is bullish

Stocks concluded an ugly week on a positive note last Friday, as the major indices zoomed higher on mixed volume.  read more »

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[Source: The Money Blogs]

Like It or Not, This Is Obama's Stock Market

By John Tamny  RealClearMarkets While stocks staged a relief rally leading up to the presidential election, U.S. share indices have mostly been down ever since.  read more »

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[Source: The Money Blogs]

Shell Runs Into a Double Whammy (RDS.A/B)

Royal Dutch Shell (NYSE:RDS.A/B) has been hit with two issues at once.  While neither is going to bust the company, multiple problems hitting at once is a bad omen.  The oil and gas giant's  read more »

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[Source: The Money Blogs]

Credit, not cash, if rebate deadline missed

The hubby and I got back home last night from a three-day weekend trip to find our economic stimulus payment had arrived.  read more »

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[Source: The Money Blogs]

Why Geithner and Summers Represent Change at Treasury

Tim Geithner and Larry Summers were the top two candidates for Treasury Secretary in the Obama administration, and today at noon ET we will officially hear that both are joining Obama's economic team.  read more »

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[Source: The Money Blogs]

Baltimore Firm Delays IPO to Wait Out Risk - washingtonpost.com

Having just done IPOs in class, this was of special interest.  read more »

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[Source: The Money Blogs]

Existing Home Sales in October

From NAR: Existing-Home Sales Soften on Economic Volatility Existing-home sales including single-family, townhomes, condominiums and co-ops fell 3.1 percent to a seasonally adjusted annual r  read more »

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[Source: The Money Blogs]

Two Finance Professors in the news

Andrew Lo of MIT went in front of Congress recently. He suggested a team including some from academia to study what went wrong to prevent it from happening again.  read more »

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[Source: The Money Blogs]

Why the commodities super-cycle means my book was worth writing, I hope

This is Money's investing correspondent Philip Scott has written a soon-to-be-released book on commodities. He explains why the commodities super-cyle means the time spent slaving away rather than down the pub will pay off, at least he hopes it will

Read More...

[Source: This is Money | Money blog]

A couple short ETFs to consider when the market bounces

Bearish momentum from Wednesday's breakdown to new multi-year lows led to another session of sharp losses across the board.  read more »

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[Source: The Money Blogs]

Penny wise, pound foolish shoppers

"As Americans attempt to perform cost-benefit analyses of their needs and behaviors, they are whittling pennies from cable bills only to squander dollars on gas driving miles to discount store  read more »

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[Source: The Money Blogs]

Robert Scoble in China

Robert Scoble, pioneer blogger, internet gadfly, and serious thinker about how technology impacts society, is visiting China.  His latest post is  read more »

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[Source: The Money Blogs]

So Far, Technical Support Levels Holding Up Well

During crazy market times like this I can talk my head off about fundamental issues that show the market is undervalued, but fundamentals don't matter right now.  read more »

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[Source: The Money Blogs]

This is why you fade Gurus...

I tried top calling oil many times and as blog readers know that did not go so well. But I knew a bubble when I saw one.  read more »

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[Source: The Money Blogs]

Treasury Yields At Record Lows, Swap Spreads Collapse

Once again treasury bears who do not understand the implications of a collapse in credit are taking a beating as Treasury Yields Drop to Record Lows.  read more »

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[Source: The Money Blogs]

People Still Driving Less, Oil Demand Destruction

The US Department of Transportation yesterday released its report on traffic volume for the month of September.  read more »

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[Source: The Money Blogs]

Price Effects of Inflation & Deflation

The man was a laughing stock for years. The man is also a member of Mensa I believe, and I learned a lot from him. The man is having his day and his say... Editor"s Note: On Nov.  read more »

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[Source: The Money Blogs]

A quick note to bears... Domed House fully expressed

I just sent this chart out to subscribers in an email update along with detailed commentary about the gold sector and some buys I made yesterday.  read more »

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[Source: The Money Blogs]

Verizon (VZ) Gets It Own Apple (AAPL) iPhone

It must vex the Verizon (VZ) management that AT&T (T) has the nifty Apple (AAPL) iPhone and all the publicity and surging handset sales that go with it.  read more »

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[Source: The Money Blogs]

Cheap Homes Selling Fast, Expensive Homes Not

Home sales have increased dramatically in recent months, but that brisk activity is far from uniform.  read more »

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[Source: The Money Blogs]

Unemployment Rate Likely Heading Above 8%

I was quite surprised to learn that the most recent monthly unemployment rate of 6.5% was the highest since the mid 1990's.  read more »

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[Source: The Money Blogs]

Abbey's staff toilet guidelines

It seems Abbey customers are kicking up a stink again, although apparently not as much as the bank's actual employees

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[Source: This is Money | Money blog]

A Takeover in the Oil & Gas Minis (ROYL, ASPN)

Now this is how it's supposed to work.  read more »

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[Source: The Money Blogs]

What Happens To Citigroup (C) On Monday Morning?

It has come to this. Will the federal government allow the shares of Citigroup (C) to open for trading on Monday morning without a plan in place to support the bank or a buyer for the firm?  read more »

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[Source: The Money Blogs]

Credit Risk Rises on Citigroup Breakup Speculation

I have been saying for over a year that Citigroup would not survive in one piece. That option is looking increasingly likely as the Citigroup Board Weigh Options .  read more »

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[Source: The Money Blogs]

ECB Adopts New Collateral Guidelines, Leaves Public In Dark

The European Central Bank (ECB) has adopted new guidelines for collateral eligible in its refinancing operations.  read more »

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[Source: The Money Blogs]

Obama Camp Denies Pre-Packaged Chapter 11 Plan For Detroit

So much for the Bloomberg report that the new administration would set up a pre-packaged bankruptcy for GM (GM) and perhaps other car companies.  read more »

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[Source: The Money Blogs]

Google Will Build Server Farm in Austria

Internet giant Google will build a new server farm in Austria.  read more »

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[Source: The Money Blogs]

Good Action

If the market can push past 2750 and hold above that level we could be in for a strong rally this afternoon, perhaps up to the declining 5DMA near 2840 or higher?  read more »

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[Source: The Money Blogs]

FINTAG COMMENT - Is it me or am I turning into a dinosaur?

FINTAG COMMENT Is it me or am I turning into a Dinosaur? One of the downsides at the speed and opaqueness of the current "public ownership is at all costs" debate, is there is no analysis.  read more »

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[Source: The Money Blogs]

AIG using federal funds to sue IRS

Life can be funny. And sad. And infuriating. And just downright wrong. All of those apply to the financial situation of American International Group Inc., better known by its initials AIG.  read more »

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[Source: The Money Blogs]

Should we join up, if 1 ends up worth €1?

As the pound meanders towards parity with the euro, should we abandon the good ship sterling?

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[Source: This is Money | Money blog]

To Prevent Bubbles, Restrain the Fed - WSJ.com

In another article bemoaning the Fed, the WSJ reports some amazing statistics: To Prevent Bubbles, Restrain the Fed - WSJ.com : First on the performance of the stock market: "On Nov.  read more »

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[Source: The Money Blogs]

Roller coaster price action keeping traders on their toes!

Stocks concluded another volatile week of trading with a session of roller coaster price action last Friday.  read more »

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[Source: The Money Blogs]

Playing footy with the Post Office

No amount of clever use of smoke and mirrors can take away the fact 2,500 post offices have been forced out of business in 18 months by meddling bureaucrats.

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[Source: This is Money | Money blog]

Mood Moves Soros

"Because markets do have moods."  read more »

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[Source: The Money Blogs]

Looking foward...

Nobody is going to flip a switch and give the all clear when it is time to look ahead. Hey, we are too fear ridden right now to think about anything but safety from price destruction, right? Wrong.  read more »

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[Source: The Money Blogs]

Weekend roundup

1.) Everyone should have their own "attitude index". What is an "attitude index"? Check out this post from Attitude Trader.  read more »

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[Source: The Money Blogs]

AIG's latest 'in your face' move

Insurance giant AIG, fresh off getting another round of federal taxpayer money, says it plans to pay out $503 million in deferred compensation to some of its top employees.  read more »

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[Source: The Money Blogs]

HousingPANIC calls it quits

I can’t say it was one of my favorites, but it did offer a few moments of amusement over the last few years. Who could forget the battle and flame war with Greg at Bloodhound Blog .  read more »

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[Source: The Money Blogs]

Critical test of October 2008 lows

Building on selling pressure from Tuesday's breaks of short-term support levels, the major indices fell sharply lower yesterday.  read more »

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[Source: The Money Blogs]

The Financial Crisis From A To Z

Tunku Varadarajan at Forbes has a pretty clever piece titled "The Financial Crisis From A-Z".  read more »

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[Source: The Money Blogs]

Whole View of Economy Skewed?

I was born in 1982, and taking a look at financial records, the United States was in a secular bull market since 1982 till 2000.  read more »

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[Source: The Money Blogs]

Foxtons: So that's how they pay for those Minis

One wonders how many Minis are paid for by tenants who don't bother to check the small print

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[Source: This is Money | Money blog]

Maybe I Should Apply For Bank Holding Company Status

I mean, everybody else is, right? Now that many short-term funding sources have dried up it is amazing to see how many different types of companies are applying to become banks.  read more »

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[Source: The Money Blogs]

Will this reversal be different?

It was a wild day on Wall Street yesterday, as the main stock market indexes swung in a massive intraday range of 11% before posting some of their best gains of the year.  read more »

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[Source: The Money Blogs]

Retail Sales Plunge Most On Record

Inquiring minds are looking at the Advance Monthly Retail Sales For October . The U.S. Census Bureau announced today that advance estimates of U.S.  read more »

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[Source: The Money Blogs]

Thomson Reuters Good Q3 Tough Balance Sheet

Thomson Reuters (TRI) reported some good looking Q3 numbers. Underlying profit up, margins up and revenues are up. Thomas H.  read more »

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[Source: The Money Blogs]

Industry outrage should not halt this PPI victory

When a trade body pledges to 'work closely with the authorities on these proposals', it's code for 'over our dead bodies, sunshine'

Read More...

[Source: This is Money | Money blog]

Big Event for Utah Investors and Entrepreneurs, Nov. 20th

Mark Cuban pointed out on his blog last week that President Elect Obama has made his first mistake: he failed to appoint a single entrepreneur to his economic advisory team, when it is clear that &qu  read more »

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[Source: The Money Blogs]

Which tax would you cut?

Tax cuts are back on the menu. If you ignore how we're going to pay for it, which tax would you cut and how?

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[Source: This is Money | Money blog]

A Churchill Quote Relevent to the Current Economic Crisis

Compliments of Newmark's Door In fact, my favorite Churchill story is the one about the time that Churchill was standing at the urinal in the men's room of the House of Commons.  read more »

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[Source: The Money Blogs]

FINTAG COMMENT - People want more for less

FINTAG COMMENT People want more for less. This line is taken from a quote reported yesterday by a BT spokesman following the firing of ten thousand workers.  read more »

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[Source: The Money Blogs]

"Buy & Hold" Is Dead? I Think Not.

I find it rather amusing that six weeks of a horrendous market can lead so many people to declare that a "buy and hold" investment strategy is no longer viable.  read more »

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[Source: The Money Blogs]

Chicago Prepares For Mass Layoffs: Mayor Daley

Chicago, The City That Works is facing a new reality. Mayor Daley has been warned by CEOs to Prepare For Mass Layoffs . The warning is out Mayor Richard M.  read more »

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[Source: The Money Blogs]

City of Edmonton. For Sale.

Have you ever  wondered what the city of Edmonton has for sale?  Both the City of Edmonton and Alberta Public Works utilize the Multiple Listing Service to sell their properties.  The c  read more »

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[Source: The Money Blogs]

ID fraud: my bank is following my whereabouts

I began to wonder whether my bank was tracking my whereabouts after an unpleasant evening in Tescos

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[Source: This is Money | Money blog]

Money, movies, credit cards and accountants

Regular readers know that I love movies. One of the greatest things about being self-employed is the ability to head to the local theater and take in a weekday matinee.  read more »

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[Source: The Money Blogs]

CPI and CS-CPI vs. Fed Funds Rate

On September 3, 2008 I made the claim that Real Interest Rates Are High .  read more »

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[Source: The Money Blogs]

Hannah Jones and the travel insurance disgrace

Hannah Jones, 13, is dying and wants to go to Disney. The failure of the travel insurance industry means she can't. Help us to help her...

Read More...

[Source: This is Money | Money blog]

Warren Buffett Interview

Clusterstock did it again. They found another really cool article.  read more »

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[Source: The Money Blogs]

Accounting changes are coming, and I feel fine

With all apologies to REM It's the end of the world as we know it, and I feel fine.  read more »

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[Source: The Money Blogs]

Treasury chief defends bank loss change

Yesterday, before I headed out to spend most of the day at meetings, I turned on the television to see how much money my investments were losing. Yeah, I always like to start my days on a happy note!  read more »

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[Source: The Money Blogs]

Technical Problems Converge With a Berlin Trip

Due to lasting technical problems with both my computers that converge with a trip to Berlin blogging will cease for a week.  read more »

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[Source: The Money Blogs]