Archive | August, 2010
Chinese Yuan has Hardly Budged
The frequency of my reports on the Chinese Yuan is admittedly much higher than it used to be. Why? Call it disbelief. More than two months have passed since China revalued its currency, and after a rapid 1% appreciation, the RMB has actually fallen back. Today, it stands only .5% higher against the Dollar compared [...]
Continue reading...GM Announces CNG Van Pricing
31 August 2010 – 11:45 pm PST
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The fully integrated and dedicated Compressed Natural Gas (CNG) option, available this fall for Chevrolet Express and GMC Savana full-size vans, will be cost $15,910, General Motors announced Tuesday. That means that the total cost of either a Chevrolet Express CNG or GMC Savana CNG model, which starts at $25,980, would be $41,890 with the [...]
Continue reading...Top Selling Hedge Fund Books
31 August 2010 – 11:36 pm PST
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You don’t hear much about hedge funds these days, other than some going out of business and a few reporting a drop in returns. If you still have the money, and still want to take a chance in investing in one of these funds, you need to do your homework. Check out some of the [...]
Continue reading...Top British Companies That Trade On the New York Stock Exchange
31 August 2010 – 11:00 pm PST
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Number 11 Wall Street is home to the world’s largest stock exchange. The New York Stock Exchange (NYX) dominates all other foreign markets as it sees an average daily trading volume in excess of $150 billion. There are many countries that have companies that are represented on the Exchange and Great Britain is one of [...]
Continue reading...Oregon Tax Revenue from Measure 66 is 50% Short of Predictions; Oregon Grants Unions 4.75% Pay Hike
31 August 2010 – 9:18 pm PST
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From the dysfunctional state of Oregon comes news that Measure 66 fell about 50% short of its revenue predictions. Balance that with 4.75% pay hikes and it adds up with a continuing refusal by Oregon to address its problems. Oregon Grants Unions 4.75% Pay Hike 5 percent pay increase for Oregon state union employees begins [...]
Continue reading...Cautiousness Ahead of Heavyweight Releases
31 August 2010 – 8:35 pm PST
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The Dow ended in a relatively sideways day up marginally by 5 points amidst mixed economic data released today. FundamentalsInvestors are bombarded by pretty mixed economic data today. On the one hand, the retail numbers and consumer confidence showed better than expected performance while investors confidence and Chicago PMI continued to move lower (see Stock [...]
Continue reading...The Future of Stock Market Investing?
31 August 2010 – 6:54 pm PST
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Valuation-Informed Indexing Is the Future of Investing By Rob Bennett You have recently been sent to Earth from your home planet of Mars and know nothing of what people here have for years been saying about stock investing in the papers and magazines and web sites. You have some money to invest. You have only [...]
Continue reading...President Obama’s Address on the End of the Combat Mission in Iraq
31 August 2010 – 6:36 pm PST
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Having returned hours earlier from a conversation with troops in Fort Bliss, Texas – troops who had seen every phase of what has become one of America’s longest wars – the President spoke to the Nation for just the second time from the Oval Office to announce the end of America’s combat role in that [...]
Continue reading...Remarks by the President in Address to the Nation on the End of Combat Operations in Iraq
31 August 2010 – 6:18 pm PST
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8:00 P.M. EDT THE PRESIDENT: Good evening. Tonight, I’d like to talk to you about the end of our combat mission in Iraq, the ongoing security challenges we face, and the need to rebuild our nation here at home. I know this historic moment comes at a time of great uncertainty for many Americans. [...]
Continue reading...Press Briefing by Special Envoy for Middle East Peace Senator George Mitchell
31 August 2010 – 6:06 pm PST
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10:24 A.M. EDT MR. HAMMER: Hi, good morning, everyone. Sorry for the slight delay. The senator was coming from a meeting. So today we have Senator Mitchell, the Special Envoy for Middle East peace, will give you an on-the-record briefing. It is embargoed until 9:00 p.m. tonight. And with that, I don’t want to take [...]
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31 August 2010 – 11:55 pm PST
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