Relevant and even prescient commentary on news, politics and the economy.

New Deal democrats Weekly Indicators for October 30 – November 3

Weekly Indicators for October 30 – November 3 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. One way I keep track of the producer side of the economy is via the long leading indicator of corporate profits and the short leading indicator of the stock market. As […]

And So Happy Xmas…Now with Canadian Content

A couple of days ago, James Bianco, chez Ritholtz, noted a WSJ article entitled “Dividend Stocks Become the Heroes”: This year, the 100 stocks in the Standard & Poor’s 500-stock index with the highest dividend yields are up an average of 3.7% before dividend payouts, according to Birinyi Associates. The 100 lowest-yielding stocks are down […]

Felix Salmon comments on media bias

Felix Salmon comments on media bias at Seeking Alpha: But let’s not kid ourselves that there’s any particular reason why global stocks are falling. And especially, let’s not try to invent some spurious reason for the fall, be it broad and inchoate (“global economy fears”) or weirdly specific (“Federal Reserve pessimism”).…As a general rule, if […]

QOTD: There are Shareholders and then there are Share Holders

The Epicurean Dealmaker notes that the stock market “game” is irrevocably rigged against the individual investor, and the best thing anyone can do is realise that is so: I believe [Leo E. Strine Jr, vice chancellor of the Delaware Court of Chancery]’s analysis should conclusively disabuse participants in the current debate over financial regulatory reform […]