Commodities
The Case for Coal
It’s quite a conundrum. America spent around $475 billion for foreign oil in 2008 (2009 numbers are not complete yet, although the total is certainly projected to be… Read more
Re-pricing Banks
It’s clear that investors are re-pricing stocks for the possibility that the proposed restrictions on banks’ trading practices will impact their profits… Read more
Can’t Ignore This One
You’ve probably noticed I tend to stay away from political debates. And with good reason. I learned a long time ago that it’s best not to talk politics and… Read more
China Must Play Ball
Yesterday’s Daily Profit about Google’s (Nasdaq:GOOG) experience in China has raised some questions. Ray G. writes:
Anytime a government like the one China has can do whatever it pleases… Read more
Ending Censorship?
Google (Nasdaq:GOOG) has been attacked. According to the New York Times, last week somebody hacked into its systems, and may have stolen corporate data and source codes. Google is… Read more
Alcoa Misses
Alcoa (NYSE:AA) didn’t beat earnings expectations. It came in with a $0.01 profit after charges, instead of the $0.05 that analysts were expecting. That’s a big miss, and I’m… Read more
Massive Oil Find
Ben Bernanke needs to be careful. Over the weekend, the Fed Chairman gave a speech where he essentially said loose monetary policy between 2001 and 2005 was not to… Read more
Most Lucrative Trend for 2010
Russia’s Oil Hostage
*****The Dow Industrial Average made its highest close over 10,500 yet. And it looks as though we’ll see an even higher close before 2009 is over.
Perhaps even more importantly,… Read more