Archive for July 2009

Disney’s Business Still Under Pressure – Though Not Collapsing

July 30, 2009  ·  Category: Macro Economics, Market Commentary, Stocks
Disney (DIS) after the close today reported a quarter that shows their business under pressure but not collapsing.  Overall revenue was down 7% from the year ago period including 2% at their media networks and ...
Posted by Greg Feirman  ·  No Comments »

Ariel Investments Founder & CEO John Rogers Beats MJ In One On One

July 30, 2009  ·  Category: Humor
Posted by Greg Feirman  ·  No Comments »

20 of 22 US Hedge Fund Managers Say They Bought Physical Gold For Personal Accounts

July 30, 2009  ·  Category: Gold, Inflation
"Gold lures inflation wary hedge fund chiefs", Reuters, July 30 (via Kirk)
Posted by Greg Feirman  ·  No Comments »

Barclays Strategist: Learn To Love The Recovery

July 30, 2009  ·  Category: Market Commentary, Sentiment Analysis
So over the rest of this year, the standard cyclical timing of a US economic turning point tells us pessimistic expectations are likely to collide with the economic reality of a strong recovery.  The net ...
Posted by Greg Feirman  ·  No Comments »

US Post Office To Run $7 Billion Deficit In 2009

July 30, 2009  ·  Category: Economics, Politics
Interesting article in today's New York Times on the US Postal Service: "Increasing Postal Deficits Intensify Talks On Solution", July 30, B1.  This highlights a key difference between the operations of a private company and a ...
Posted by Greg Feirman  ·  4 Comments »

Newsweek Cover: The Recession Is Over

July 30, 2009  ·  Category: Market Commentary, Obama, Politics, Sentiment Analysis
And here's Obama commenting on the cover at a Town Hall meeting in Raleigh, NC Wednesday morning:
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: Channelling Rudyard Kipling

July 29, 2009  ·  Category: Market Commentary, Stocks, Top Gun Financial Planning
NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »

Bill O’Reilly Does Economics – Badly

July 29, 2009  ·  Category: Culture and Current Events, Economics
Bill O'Reilly kicked off his O'Reilly Factor program yesterday (video here) claiming that a front page WSJ story on oil speculators driving the price of oil ("Traders Blamed For Oil Spike" (subscription required), WSJ, July 28, A1) vindicated his ...
Posted by Greg Feirman  ·  No Comments »

High Frequency Trading

July 29, 2009  ·  Category: Market Commentary, The Investment Advice Business
(Source: The New York Times - click on link for a larger graphic) It’s become a technological arms race, and what separates winners and losers is how fast they can move. - Joseph M. Mecane, NYSE Euronext, ...
Posted by Greg Feirman  ·  No Comments »

Eric Sprott: We Are In The Early Stages Of A Depression

July 24, 2009  ·  Category: Market Commentary, The Investment Advice Business
We are now in the early stages of a depression.  The economic indicators we follow to track real economic activity are all signalling a slowdown of massive proportions.  You wouldn't know it reading the mainstream ...
Posted by Greg Feirman  ·  No Comments »