A Day With Hedge Fund Manager Hugh Hendry
Interesting video of a BBC journalist who spent a day with hedge fund manager Hugh Hendry. Click here.
(Via The Mises Institute Blog)
Interesting video of a BBC journalist who spent a day with hedge fund manager Hugh Hendry. Click here.
(Via The Mises Institute Blog)
McDonald’s (MCD) this morning reported another excellent quarter. Global same store sales increased 3.8% compared to the year ago period including gains of 2.5% in the US, 5.8% in Europe and 2.2% in Asia, the Middle East and Africa. That’s…
There is actually a federal “corporation” that guarantees private sector pensions. Private sector employees with defined benefit pension plans pay an insurance premium to the PBGC which it invests and uses to pay pensions when private companies can’t do it. …
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Here are Target’s (TGT) monthly same store sales comps for the last year (Target Releases): Sept 07 1.2% Aug 07 6.1% Jul 07 6.1% Jun 07 3.3% May 07 5.8% Mar and Apr 07 3.0% (See this post for why I’m…
A story in today’s New York Times brought home the severity of the economic crisis to me: “Luxury Prices Are Falling; the Sky, Too”. When designer shoes and bags are being marked down to these levels, that’s a clear sign…
We see two main scenarios for the economy over the next 6-9 months — a fairly bad one in which the economy grows at a 1½%-2 percent rate through the middle of next year and the unemployment rate rises moderately…