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« Previous Entries Next Entries »Fiscal Situation: A Cross-Country Perspective
Rating 3.00 out of 5
[?]Submitted by Econbrowser
Torsten Slok has a whole set of interesting pictures, two of which are particularly relevant in thinking about the US fiscal situation as compared to other advanced countries.
Gross debt as a share of GDP. Source: personal communication/Torsten Slok, based on IMF WEO data.
Structural budget deficit as a share of […]
Union Membership: Good News, Bad News
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[?]Submitted by CARPE DIEM
Good News: Union membership as a percent of all U.S. workers is close to an all-time low of 12.3% in 2009, down slightly from 12.4% in 2008, but higher than the 12% share in 2006 and 12.1% share in 2007 (see chart above). In the early 1950s, almost […]
Quiz On Current Events from Pew Research
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[?]Submitted by CARPE DIEM
Test your News IQ at Pew Research.
Full Disclosure: I got 10/12 correct, and missed items #7 and #8.
HT: Ryan Stinson
The Two Americas: Public vs. Private Sector, Part II Highest Paid Madison City Worker: $159k Busdriver
Rating 3.00 out of 5
[?]Submitted by CARPE DIEM
WISCONSIN STATE JOURNAL – “Madison’s highest paid city government employee last year wasn’t the mayor. It wasn’t the police chief. It wasn’t even the head of Metro Transit. It was bus driver John E. Nelson. Nelson earned $159,258 in 2009, including $109,892 in overtime and other pay. He […]
Real World GDP Through 2030
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[?]Submitted by CARPE DIEM
The chart above of historical real world GDP shares was featured on CD in November and generated lots of discussion (44 comments) and was also featured on Greg Mankiw’s blog and about 25 other blogs. Using the same international macroeconomic database from the USDA, the chart below plots […]
U.S. Patent Activity for the Last 125 Years
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[?]Submitted by CARPE DIEM
The chart above plots the annual number of approved patents in the U.S. from 1883 to 2008, according to data from the World Intellectual Property Organization. It’s interesting that it took more than 70 years for patents to double from 40,000 to 80,000 (1914 to 1987), and […]
Worldwide Food Services, Inc. (WFSV) Signs Letter of Intent
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[?]Submitted by SmallCapVoice.com
BORDENTOWN, NJ–(Marketwire – 02/10/10) – WORLDWIDE FOOD SERVICES, INC. (Pinksheets:WFSV) announced today the Company has signed a Letter of Intent to acquire Veterans Consulting Group, Inc. Details will be made available upon completion of the acquisition.
Worldwide Food Services, Inc. is 100% Debt-free. The Company owes no suppliers or manufacturers; […]
2-10-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
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[?]Submitted by SmallCapVoice.com
Stocks turn lower after comments by Fed Chairman Bernanke
The stock market is falling as Federal Reserve Chairman Ben Bernanke details plans for dismantling the central bank’s economic support measures.
Bernanke says in prepared remarks to a House committee Wednesday that the Fed likely will begin tightening credit by raising the […]
Worldwide Food Services (WFSV) Plans Corporate Strategy Meeting in SC
Rating 3.00 out of 5
[?]Submitted by SmallCapVoice.com
BORDENTOWN, NJ–(Marketwire – 02/09/10) – WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (Pinksheets:WFSV) announced today a formal Corporate strategy meeting to be held in Myrtle Beach, SC in late February. The Company’s “Stage One” plans have been implemented and well received. Worldwide Food Services will bring their marketing, sales, […]
Productivity growth over the business cycle: preview
Rating 3.00 out of 5
[?]Submitted by EconWeekly
I haven’t hammered out a story yet, but here’s some food for thought:
Lately productivity growth has accelerated, while the unemployment rate has skyrocketed. Some commentators (e.g.) have noted that businesses squeeze more output out of every hour of work, presumably by cutting down on the least productive tasks, jobs, […]
BERNANKE SPEAKS OF EXITS & THINGS…
Rating 3.00 out of 5
[?]Submitted by The Capital Spectator
The snow didn’t stop Ben. Blizzard or not, there were no stormy surprses in Fed Chairman Bernanke’s testimony today in Congress. Yes, the central bank was contemplating an exit strategy, but nothing was imminent.
“We have been working to ensure that we have the tools to reverse, at […]
REGULATION VS. REGULATION
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[?]Submitted by The Capital Spectator
Is the goal of avoiding the risk of “too big to fail” in regulating banks by keeping them smaller too improbable to work? Yes, according to Avinash Persaud of Intelligence Capital, a financial advisory firm. In a new essay posted today on Vox, he argues that policymakers […]
STAG + INFLATION?
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[?]Submitted by The Capital Spectator
No one’s talking about stagflation these days, and for good reason. Inflation expectations remain quite low in the U.S., although the outlook for prices has been rising over the past year, albeit from a depressed state. As such, the stag part of the equation–a stagnant economy–seems more […]
U.S. Exports Would Rank #8 for Largest Economy
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[?]Submitted by CARPE DIEM
In 2008, the U.S. exported $1.276 trillion (or $1,276 billion, BEA data here) of manufactured goods to the rest of the world including food products ($89 billion), industrial supplies and materials ($780 billion), capital goods ($454 billion), automotive vehicles and parts ($234 billion), and consumer goods ($482 […]
Newspaper Articles Are Too Long
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[?]Submitted by CARPE DIEM
“One reason seekers of news are abandoning print newspapers for the Internet has nothing directly to do with technology. It’s that newspaper articles are too long. On the Internet, news articles get to the point. Newspaper writing, by contrast, is encrusted with conventions that don’t add to your […]
One of the Most Dangerous Words Ever: Fairness
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[?]Submitted by CARPE DIEM
1. “In recent times, virtually any disparity in outcomes is almost automatically blamed on discrimination, despite the incredible range of other reasons for disparities between individuals and groups.
Nature’s discrimination completely dwarfs man’s discrimination. Geography alone makes equal chances virtually impossible. The geographic advantages of Western Europe over […]
Follow Through?
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[?]Submitted by The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor
Follow Through?
It looks like it on paper, but I don’t see any high quality setups…best to wait for more of a confirmation before becoming super-bullish….
The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and […]
Market Scan for Small Cap Stocks on February 9, 2009
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[?]Submitted by Ducimus Plinius
Market Scan for small cap stocks
at the close of the markets on February 9, 2009
The table below identifies the stocks returned on my scan of the US markets for small capitalizations stocks likely to display the characteristics of stocks entering Phase II, as described by Stan Weinstein.
Under $5.00
Over […]
Worldwide Food Services (WFSV) Selects New Office Site
Rating 3.00 out of 5
[?]Submitted by SmallCapVoice.com
BORDENTOWN, NJ — (Marketwire) — 02/01/10 — WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (PINKSHEETS: WFSV) has selected Little Falls, New Jersey as its new office site. The 3 South Grey Rock Avenue, Little Falls, NJ, office is also the location of Rainbow Foods LLC, the Company’s Joint Venture […]
2-9-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Rating 3.00 out of 5
[?]Submitted by SmallCapVoice.com
Stocks rally behind Caterpillar earnings and Greece debt help
Stocks rose broadly on Tuesday with Caterpillar Inc and other industrial shares benefiting from a broker upgrade and talk of help for debt-burdened Greece reviving investor sentiment.
Speculation Greece could get help from the European Union underpinned the rise in stocks, boosting […]
China Jo-Jo Drugstores Announces Fiscal Third Quarter 2009 Results
Rating 3.00 out of 5
[?]Submitted by SmallCapVoice.com
HANGZHOU, China–(BUSINESS WIRE)–China Jo-Jo Drugstores, Inc. (OTCBB:CJJD) (“Jo-Jo Drugstores” or the “Company”), which operates a retail pharmacy chain in the People’s Republic of China, today announced its financial results for its fiscal third quarter ended December 31, 2009.
Fiscal Third Quarter 2009 Highlights
Revenues increased 29.1% period-over-period to $14.9 million
Gross profit […]
DOES INDEXING MAKE SENSE IN “INEFFICIENT” MARKETS?
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[?]Submitted by The Capital Spectator
Since the first index fund was launched in the early 1970s, the concept of passive investing has come a long way in terms of earning respect. For broad U.S. equity mandates in particular, finding supporters of active management is getting tougher in the 21st century. And among […]
REBALANCING & THE GLOBAL MARKET INDEX
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[?]Submitted by The Capital Spectator
There are countless investment strategies, but arguably there’s only one true benchmark: the market portfolio, defined as a passive allocation to all the major asset classes, initially weighted by the relative dollar values and thereafter left to the whim of market fluctuation.
This benchmark isn’t necessarily appropriate for […]
The Heritage Foundation Confuses Me
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[?]Submitted by Econbrowser
The Heritage Foundation critiques the CEA assessment of the stimulus. In WebMemo #2799, Dr. Campbell writes:
The CEA’s method, in brief, compared a statistical forecast of the economy based on historical patterns (no stimulus) with the actual economic results in 2009. On this basis, it claims that there are 2 […]
Letting the EGTRRA and JGTRRA Provisions Expire
Rating 3.00 out of 5
[?]Submitted by Econbrowser
Or, what would happen if we “Let Bush Be Bush”. Recall the 2001 and 2003 tax cuts were written to expire, for the most part, in FY2011. The impact of extending those cuts (along with some others) is strikingly depicted in this Figure from the Center for Budget and […]
