In The News – Tuesday, October 21st, 2014 Edition
This is a little disquieting, isn’t it? Apparently we’re taking the Bible’s words to
heart – “If your enemy is hungry, feed
him, and if he is thirsty, give him something to drink.” Romans 12:20 and
Proverbs 25:21-22. As the article points out there is no sign that ISIS is
shamed at all or even grateful. Go figure. Your tax dollars at work.
Somehow, I don’t
find this surprising but then I’m an iPhone fan. 39.3 million
iPhone sales. The good news is that iPads aren’t flying off the shelves which means that I might get a chance to
upgrade my iPad 2 when they decide to start dealing.
I thought this piece in Seeking Alpha was worth
a read. A Different Interpretation Of Recent Market
Signals. The Equity Risk Premium, which is another way
of looking at the Fed Model, is the highest it’s been since the financial
crisis. They come to the same conclusion I do which is that investors should be
In addition to potentially better than expected
earnings, corporate buybacks may play a role in putting a bottom in stocks.
Leave it to a Texan to think that a Ferrari needs just that little
something extra. 570 hp isn’t enough? Try 738 hp and zero to 60 mph in 2.8 seconds. As I’ve said
before, the last words of far too many Southern boys is “hey, y’all! Watcheeis!
remembers the “Death of Equities” BusinessWeek cover from August 1979. Here’s a
look at how the market has done following some magazine covers. Turns out they
aren’t a very good indicator.
Somehow, I don’t see this putting Carrier out of
business. I can see uses for it, though like wearing it
while mowing the yard.
A lesson learned from Nigeria on containing Ebola.
Rich Karlgaard: America’s Missing Wealth. Don’t ever underestimate the power of
compounding. This article posits that more than taxes it has been “runaway
federal regulation that has crimped U.S. growth”. I don’t think there is any
This is hardly surprising but disgusting
nevertheless. The politicization of the Justice Department
has been out of control and needs to be reined in. Punishment is due.