Archive for March, 2009:

Stocks vs. Bonds, Revisited

{ Posted on Mar 30 2009 by Minyanville }
Why Bother with Bonds? Investors we're told demand a risk premium for investing in stocks rather than bonds. But if stocks outperform bonds by as much as 5% over the long run then for our truly long-term money why ...Read More »

Obama Gives Ultimatums with Teeth

{ Posted on Mar 30 2009 by Ockham Research Staff }
Categories : All, Ockham
After pushing out General Motors’ (GM) CEO Rick Wagner because of disappointment in his turnaround of GM, today President Obama outlined his latest deal with the automakers based on findings from the Auto Task Force that neither company has a ...Read More »

Attention Wal-Mart Shoppers: No Cursing in Aisle Five

{ Posted on Mar 30 2009 by Minyanville }
The First Amendment lives in La Marque Texas but common sense and good taste are on life support. Kathryn Fridge 29 was arrested after uttering The Mother of All Expletives while shopping for batteries at Wal-Mart (WMT) to prepare ...Read More »

Astronaut Economics

{ Posted on Mar 30 2009 by Minyanville }
On Saturday afternoon the STS-119 Discovery arrived home at Kennedy Space Center just an hour’s drive from Orlando. I’ve lived in Florida for almost 11 years now and the thrill of having the space program in your backyard never ...Read More »

Ticker Shock: Three Stocks That Should Be Trading Higher

{ Posted on Mar 30 2009 by Minyanville }
The weekends go way too fast don’t they? When I become president that will be the focus of my administration in the first 100 days: To expand the weekend. Asian stocks closed lower. The Hang Seng and the Nikkei ...Read More »

An Even Bigger Bite Out of GDP?

{ Posted on Mar 30 2009 by Minyanville }
Editor's Note: Minyanville is proud to announce that Jack Lavery of Lavery Consulting Group and formerly Chief Economist for Merrill Lynch will now be providing his expert economic insights through Minyanville.  If you are interested in receiving more information ...Read More »

Housing Market: No Bottom in Sight

{ Posted on Mar 30 2009 by Minyanville }
Dear Professor Zucchi So far as I can tell there's a problem with buying residential real estate: No one is happy about the prospect of paying $5 000 a month for 10 years (for a $600 000 home) and still ...Read More »

The Enterprising Investor’s Guide 3-30-2009

{ Posted on Mar 30 2009 by Ockham Research Staff }
Categories : All, Ockham
The price-to-peak earnings multiple is up to 9.1x this week, the market having enjoyed three straight up weeks which is certainly a welcome development.  However, opinions vary as to whether this is the beginning of a lasting rally or rather ...Read More »

“Options Are Worthless,” and Other Urban Legends

{ Posted on Mar 30 2009 by Minyanville }
No Mikey did not succumb to a fatal combination of Pop Rocks and Coca-Cola. Or succumb at all for that matter. And no options don't all go out worthless. This 2001 quote from the CBOE is still basically true:"Is it true that ...Read More »

Prieur Perspective: A Bear-Market Correction?

{ Posted on Mar 30 2009 by Minyanville }
Following Fed Chairman Ben Bernanke’s “money-printing” announcement of last week the action stayed on Capitol Hill with Treasury Secretary Timothy Geithner detailing his Public Private Investment Program (PPIP) as well the initial salvo on “new rules of the game” ...Read More »