Posted on 18 March 2009
FY2009 Week #1
Quote of the week: We either make ourselves miserable or we make ourselves strong. The amount of work is the same… any path is only a path, and there is no affront, to oneself or others, in dropping it if that is what your heart tells you. – Carlos Casteneda
One of the Internet's most amazing features is t Read the full story
Posted on 18 March 2009
One of the worst aspects of working the financial media is that occasionally, about once a year, I must spend a month or so checking out what everyone else is up to.
This immersion also finds me feeling much worse than when I began. Generally, because while the financial world is chock full of highly intelligent people, most of them write Read the full story
Posted on 18 March 2009
FY2008 week 51
Quote of the week: I stopped believing in Santa Claus when I was six. Mother took me to see him in a department store and he asked for my autograph. – Shirley Temple
Here are eight stocking stuffers to unwrap.
1) The conversation between Libertarians and the rest of us (who aren't on some nutty fringe Read the full story
Posted on 18 March 2009
China's Ministry of Commerce reports that exports and foreign direct investment both fell in November because of shrinking demand overseas.
Exports dropped 2.2% to $114.99 billion last month, the first monthly decline in seven years. FDI fell 36.52% year-on-year to $5.3 billion, the Ministry said.
The country's trade surplu Read the full story
Posted on 18 March 2009
Will Gov. Sarah Palin and Joe the Plumber "hook up?"
Will Cindy stop paying John's massive gambling debts and find true love with her rocker boyfriend?
These are some of the day's burning questions – you can't believe how many people think Sarah and Joe (the Plumboner… Pluvernor) is a ter Read the full story
Posted on 18 March 2009
One way for the US economy to escape its doldrums will be for the country to expand its exports.
Everyone's great American hero, President Ronald Reagan, knew that.
Declassified US government documents show that in the 1980s while Iraq's Saddam Hussein was involved in the genocide against his country's Ku Read the full story
Posted on 18 March 2009
Friday FY08 Week 49
Quote of the week: Every tree and plant in the meadow seemed to be dancing, those which average eyes would see as fixed and still. – Jal?l ad-D?n Muhammad R?mi
Here are four thoughts to trip over as we round yet another sharp corner on the path to economic recovery.
1) The perfect worl Read the full story
Posted on 18 March 2009
Mitsubishi, the Japanese automaker, said it's pulling out of the Detroit auto show, which is set for this January.
The automaker said the move was aimed at saving money in light of global economic problems and an industry-wide sales decline.
That means, Mitsubishi follows Rolls-Royce, Land Rover, Ferrari and Suzuki i Read the full story
Posted on 18 March 2009
Quote of the week: With over 50 foreign cars already on sale here, the Japanese auto industry isn’t likely to carve out a big slice of the U.S. market. – Business Week, August 2, 1968
1) The only way you’ll ever see a Chevrolet Volt that most people can actually afford will be if it’s made in China… or Vietn Read the full story
Posted on 18 March 2009
Here's how the doom and gloomers cost you money.
In late October, I sent my Asia Business & Investing readers a suggestion that they double down on Anheuser Busch (BUD) at $56.99.
The reason was simple. Wall Street's gloomers were screaming at the top of their lungs that they were sure BUD's merger with Read the full story