Interesting thoughts from one of the best we have in the Industry. WABR THE MOSLER PLAN FOR GREECE. The Mosler Plan, as previously posted on this website, is now making the rounds in Europe as an alternative to the French Plan that is currently under serious consideration: Abstract: The following is an outline for a proposed new…
Should this level of economic growth be achieved, the popular market indexes could reach all time highs. In any event we remain bullish, recommending using periods of weakness to accumulate well established growing companies. Fred Lange, Lange Financial Services. Economy May Grow 4% in Second Half: Dallas Fed Chief Published: Tuesday, 28 Jun 2011 | 2:12 PM ET…
Monday, June 27 US Economics 8:30 Personal Income 8:30 Personal Spending 8:30 Core PCE Prices Global Economics 02:00 Chinese Industrial Profits 23:50 Japanese Retail Trade YoY 23:50 Japanese Large Retailer Sales Earnings Before: CCM After: NKE, SMSC Tuesday, June 28 US Economics 9:00 Case-Shiller 20-city Index 10:00 Consumer Confidence Global Economics 06:00 German GfK Consumer Confidence Survey 08:30 UK Total…
Greek Government Battles Over Unpopular Austerity Plan Published: Saturday, 25 Jun 2011 | 4:58 PM ET Greek ministers and policy makers urged parliament on Saturday to do its duty next week and pass a deeply unpopular set of austerity measures international lenders have demanded as the price for staving off bankruptcy. With Greece teetering on the edge of defaulting on its…
New York’s Schumer Gives ‘Newfound Life’ to Tax Holiday Sought by Apple By Steven Sloan - Jun 23, 2011 12:00 AM ET The lobbying campaign by Apple Inc. (AAPL), Pfizer Inc. (PFE) and Duke Energy Corp. (DUK) to allow companies to bring overseas profits to the U.S. at a low tax rate gained new traction after Senator Charles Schumer of New York signaled that Democrats might…
Coal Sector Update We believe the recent sector pullback provides attractive entry points for our favorite names. Continued strong met markets, along with a robust thermal export story, reinforce our bullish stance. We reiterate our Buy ratings on ACI, ANR, BTU, CNX, and WLT. We see the current pullback as an attractive entry point. We see a compelling entry point…
Revenge of the ‘fat cats’ By CHARLES GASPARINOO Last Updated: 12:17 AM, June 22, 2011 Posted: 10:26 PM, June 21, 2011 The man who once labeled Wall Street honchos “fat cats” deserving of scorn for their role in the 2008 financial crisis will be back in town tomorrow, pressing the fat-cat flesh at the swanky Upper East Side restaurant Daniel…
Monday, June 20 US Economics No major reports Global Economics 06:00 German Producer Prices YoY 06:00 German Producer Prices MoM Earnings No Earnings Reports scheduled Tuesday, June 21 US Economics 10:00 Existing Home Sales Global Economics 01:30 Australian Reserve Bank’s June Board Minutes 08:30 UK Public Finances 08:30 UK Public Sector Net Borrowing 09:00 German Economic Sentiment 09:30 Swiss June…
Lange Financial Services. June 16, 2011 8:30am FOLLOW UP-In our memo Tuesday night, we were positive in our view of the market outlook. The market had declined for six consecutive weeks, was oversold and poised for a short term rally to be followed by a test of a final low as occurs historically. However we were blindsided by heightened Greek…
LANGE FINANCIAL SERVICES BRIEF UPDATE– JUNE 14, 2011 9:45PM At the end of April, we anticipated a correction that could reach 5%. The correction that may well have ended this past Monday [1] reached about 7% before a late rally. This was followed by a sharp advance of some 123 Dow points on Tuesday. Bearishness reached a higher level than…
Dimon Asks If Bernanke Shares ‘Fear’ of Rules Slowing Recovery By Dawn Kopecki June 8 (Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon asked Federal Reserve Chairman Ben S. Bernanke whether regulators have gone too far by reining in the U.S. banking system and are slowing economic growth. Dimon asked whether the central banker has measured the…
Fed Easing ‘Miserable Failure’ That Risks Depression: Bove CNBC Published: Tuesday, 7 Jun 2011 | 2:57 PM ETBy: Jeff Cox The Federal Reserve is risking a second Great Depression by putting pressure on banks to raise more capital, banking analyst Dick Bove writes in a scathing note that accuses the central bank of losing “all sense of reality.” Among other…
Monday, June 6 US Economics No major reports Global Economics 00:30 Australian Securities Inflation 09:00 Euro-Zone PPI YoY (APR) 6.6% cons 09:00 Euro-Zone PPI MoM(APR) 0.8% cons 2:00 Canadian May PMI 60.0 cons Earnings Before: After: JRJC, FCEL, GIII, MIND, PBY Tuesday, June 7 US Economics 3:00 Consumer Credit Global Economics 04:30 Reserve Bank of Australia Rate Decision 4.75 cons.…
THE INTELLIGENT INVESTOR JUNE 4, 2011 Here’s One Way to Beat the Market By JASON ZWEIG Beating the market is easy. Just understate its performance. Various investment promoters are touting their stock-picking prowess by comparing their returns, including dividends, to the Standard & Poor’s 500-stock index without dividends. It is a lot easier to beat the market when you don’t…