about 1 hour ago - No comments
The personal finance book Grow Your Money!: 101 Easy Tips to Plan, Save, and Invest ends with a list of what financial steps we should take each month. They list the August steps as follows: Donate furniture and clothing to a worthy charity. Update your files that support the cost basis for your nonretirement account [...]
about 17 hours ago - No comments
So the Dow essentially ends flat, managing to erase an early 120-point loss as bulls were able to overcome a weak 2Q GDP reading. Go to Source
about 22 hours ago - No comments
All of the U.S. oil majors reported vastly improved results from last year, benefiting from some greater growth in the economy – and on Friday, Chevron was no exception. Its stock isn’t getting much of a boost, however. Go to Source
about 1 day ago - No comments
The Dow looks set to test 10360-10410 support, again, at the open. Go to Source
about 1 day ago - No comments
Good morning. Here’s what you need to know: Asian markets were mostly down in overnight trading, with the Nikkei down 1.64%. European markets are all down in early trading, and U.S. futures suggest a lower open. The Q2 GDP report is released at 8:30 AM ET. Projections have slipped, with many analysts now suggesting growth [...]
about 1 day ago - No comments
The silver lining for politically troubled Democrats is a cash advantage enjoyed by their imperiled incumbents. Go to Source
about 2 days ago - No comments
about 2 days ago - No comments
Once again, the disconnect between macro and earnings continues, as the June durable goods orders came in worse than expected. Futures, which had been up modestly, are now markedly lower, with the Dow off over 20. Join the conversation about this story »
about 4 days ago - No comments
Submitted by www.fmxconnect.com Go to Source
about 4 days ago - No comments
In my most recent commentary, I wrote about the gold miners, specifically how the “junior miners” had greatly out-performed the large producers, and represented superior investments in virtually every respect. I also pointed out how the silver miners were so different from the gold miners that they required their own, separate analysis. While silver (like [...]
about 4 months ago
George Peters is a name used by Huck. When Huck goes ashore to get information, he disguises himself as a girl. He meets Mrs Judith Loftus and tells her his name is Sarah Williams. She says she knows he's really a boy and asks for his real name. Huck tells her his name is George Peters [Chapter XI]
about 4 months ago
Five years looks good because that goes back to the lows after the internet bubble burst and the end of that Bear market.
Anytime longer or shorter looks worse. DO NOT make decisions based on 5 years back. That was an abberation.
Look back 10 years! It has gone almost nowhere for TEN YEARS!
Where did the money go?
Thank you GW BUSH and the BUSH Republicans.
They ripped off our country and got rich.
about 3 months ago
I'm assuming that you are asking why gas prices – not oil prices – are different all over the world.
There are a number of reasons:
1. Transportation costs (distance from refinery, ports, etc.)
2. Government taxes (national, state, local)
3. Subsidies (Venezuelan government uses tax money to subsidize the cost of gasoline)
4. Different countries (and even different states) require different blends of gasoline – some blends will have lower sulfur and CO2 content and therefore are more expensive to refine. Some blends are required to have ethanol. All this is passed on to the consumer.
5. Relative currency values. Oil is sold on the world market in dollars, so if you are using a currency that is appreciating against the dollar then the rise in prices is somewhat muted.
I'm not an oil and gas expert, so I'm sure there are other reasons that I'm not listing.
about 2 months ago
If you're having trouble with the overall analysis, I recommend sparksnotes.com. They have lots of book summaries and overviews there.
about 1 month ago
The rise in rates was expected — so had no effect at all on the stock market.
What did have an effect is the statement that the Fed made when they announced the rate increase. They said that in the future they would consider both the state of the economy and inflation when deciding where to set rates. They also indicated that their actions are curbing inflation and that the economy is improving.
This was considered good news.