From a speech by the head of the Texas Fed… “If monetary policy is the same here as everywhere else in the United States, why does Texas outperform the rest? We have a Legislature, based here in Austin, that under both Democrat and Republican governors has over time crafted laws and
Don’t expect a pat on the back if you’ve just invested in banks. Yes, I know, they’re cheap, for some irresistibly cheap. Plus there’s the old Wall Street adage that says financial stocks lead market rebounds in the early stages of a recovery. How can you go wrong? Discounted prices combined with
Last year we had Fukushima, the Gulf oil spill, and virtually all the majors rushing into fracking. All of them…surprises. At the end of 2010 I had not seen one prediction anticipating a nuclear plant incident, or major offshore oil spill, or the widespread adoption of new gas and oil-drilling methods called
Walmart has traditionally sold only “Select Grade” beef, a lower-end cut which fits with the giant retailer’s low-price strategy. But over the last few months the retailer has been buying the more expensive “Choice Beef.”
I bet your Thanksgiving meal will look a lot different from mine. I’m having Tofurky and, yes, it’s every bit as good as it sounds (yes, awful!). You see, my wife hates meat.
Is the demand for pork finally exhausted? Or is something else going on causing prices to slide? And what does the future hold for this “other white meat?”
As stocks strengthened and hope for a strong all-encompassing European solution rose, hedge funds raised their risk profile and big commodities higher. Sugar rose 11% in just one week and soybeans also staged an impressive rally.
When Rupert Murdoch’s News Corp. was headquartered in Australia, his annual pay averaged $10.7 million. Since moving to Delaware, he has upped his pay to an average of $26.45 million a year.
