I’ve written many times of my hatred for time-wasting technology, and noted the vapidity of people chasing friends, followers, and other public displays of how important they’ve become. Twitter is wildly popular, but is anybody getting anything worthwhile out of it? How much of what comes to your Twitter page do you actually read? Of […]
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Housing Worsens
The recession started in the housing market, so the recovery underway should include the housing market in some way, right? That makes sense, but hasn’t happened yet. Barclays Capital reported last Friday that the supply of foreclosed homes that banks need to sell is growing again. That overhang will put downward pressure on home prices, […]
The Balance Sheet Worsens
See how good you’ve become at reading the writing on the wall. I offer two excerpts today. The first is from last week’s report from Moody’s, the one that noted “substantial execution risk” as triple-A-rated economies try balancing stimulus spending with balance sheet rebalancing: Growth alone will not resolve an increasingly complicated debt equation. Preserving […]
The Permanently Sidelined
Stock market discussions are known for their high intensity. Bulls and bears, whether professional or part-time, tend to believe in their position for thoroughly-researched reasons and have that research at their fingertips for hard arguing. I’ve noticed in this latest market cycle, however, that a lot of my readers and subscribers aren’t as vocal as […]
Boston Scientific
Boston Scientific announced yesterday that it’s halting sales of its implantable cardioverter defibrillators (ICDs). The suspension was due to filing errors and not safety issues, but the company says it still has no idea how long the suspension will last. For a firm fighting to recover back to former glory, this is another setback. Yet, […]