June 2010

By Chris Wood of Casey Research “We want to kick off 2010 with a truly revolutionary and magical product.” That was Steve Jobs, preaching to a packed house at the Yerba Buena Center for the Arts in San Francisco back on January 27, as…

Max and Stacy talk about Twitter hashtag manipulation, elections in Reykjavik and the BP oil spill for some good fun.  Later in the episode I come on and ruin it with a little doom and gloom.  Take a look. OK, the BP stuff isn't…

On June 2, 2010, Joyce made a controversial call at first base, ruling baserunner Jason Donald of the Cleveland Indians safe. Had the call gone the other way, pitcher Armando Galarraga of the Detroit Tigers would have completed a perfect…

David Rosenberg, Chief Economist at Gluskin Scheff, has the following graph showing the dramatic drop in mortgage applications for home purchases in the most recent report from the Mortgage Bankers Association.   It is interesting to…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Investing in stocks is marketed as believing in America. Imbedded is the…

Links Bargeldverbot in Schweden - MM News Higher wages in China: good news for the economy | beyondbrics | FT.com UK house prices are now less than 10pc below their record peak - Telegraph James Hamilton: What drives the…

We have seen a host of manufacturing sector data over the past few days. Most of it has been pretty good and the data demonstrate that the global recovery has continued. Nevertheless, reviewing the data from the US, Europe, China and…

Let me wade back in to the jobs data this week. First, this morning we saw that ADP reported non-farm private employment had increased a seasonally-adjusted 55,000 in May. This comes after the upwardly revised 65,000 increase in April and…

Facebook has been under fire of late because of growing privacy concerns amongst its users. At the centre of the debate is the company's constantly changing privacy rules for existing Facebook users.  On occasion, the company has moved…

Spanish savings banks, called cajas, are finally moving.  It took the central bank to take over CajaSur, which is controlled by the Catholic church in Cardoba, ten days ago to light a fire under the others.  There were about 45 of…