Before taking a multi-week break with family in which I intend to post only for major market action, it’s time for some review. The macro theme in the U.S. economy and financial markets strikes me as just what I stated in one of my first blogs. This is what I wrote on January 9, 2009 [...]
As AAPL was topping over $630 as rumors of the DOJ action in the e-books matter was leaking out, I seem to recall that the AAPL tech news aggregator site I follow also reported that Jim Cramer had the previous evening touted AAPL as something on the order of the greatest stock of our time, [...]
With the euro-area crisis and associated uncertainty escalating rapidly of late, safe-haven assets are outperforming, with the notable exception of gold. Why are high-quality government bonds rallying to new highs, while gold sinks to a six-month low? A key explanation is surprisingly simple if technical: Government bonds are Tier1 capital assets, [...]
Here is the result of a survey from Motley Fool on who is interested in buying Facebook when it goes public. Not surprisingly, it’s the less sophisticated buyer. I wouldn’t mind being a seller. Is is good long-term? Why not?