Seeking Alpha (FT Blog) – Why Dividends Matter In A Changing Market Lately, it seems that dividend investing has become all the rage. Articles are being written at just about every financial site, talking about dividends. When you look at Money Watch, MSN Money, Kiplinger, Money Magazine, Forbes, Smart Money, and even here at SA,… Continue reading Dividend Investing
Comment Jim Bianco was on Yahoo Finance on Friday discussing Dexia. To view the interview click on the image above. To view any of our recent interviews click here. Yahoo Finance – Why Americans Should Care About Failing European Bank Dexia Before the demise of Lehman Brothers plunged the global financial system into a temporary… Continue reading Dexia Gets Bailed Out
Comment Jim Bianco was on Yahoo Finance on Friday discussing payrolls. To view the interview click on the image above. To view any of our recent interviews click here. Yahoo Finance – Nevermind the Rally, Jobs Report Changes Nothing The Labor Department reported this morning that American employers added 103,000 jobs in September, roughly twice… Continue reading Payroll Post Mortem
The New York Times – Recession Officially Over, U.S. Incomes Kept Falling Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909, according to a study by two former Census Bureau officials. During the recession — from December 2007 to June 2009 — household income… Continue reading Measuring The Recession
Bloomberg.com – Merkel, Sarkozy Pledge Bank Recapitalization Angela Merkel and Nicolas Sarkozy turned their crisis-fighting focus to banks, promising a recapitalization blueprint this month that will overtake a 12- week-old rescue plan that has yet to be put into place. “We will recapitalize the banks,” the French president said in Berlin yesterday at a joint… Continue reading Europe, A Plan To Have A Plan
<Click on chart for larger image> The New York Times – GRETCHEN MORGENSON: 17 Countries, but Even More Unknowns As the situation in Europe deteriorates, our own financial institutions are coming under growing scrutiny from investors. American banks have made loans to European ones. Some have also written credit insurance on the debt of European… Continue reading American Banks
Reuters – Paulson loses more in September, fund now off 47 pct Hedge fund manager John Paulson lost more money in September thanks to ill-timed bets on an elusive economic recovery that left one of his biggest funds off 47 percent, two people who saw the numbers said on Saturday. Paulson & Co, one of… Continue reading John Paulson And Hedge Funds Struggle
<Click on chart for larger image> The Financial Times – Fannie and Freddie debt fuels anxiety Asian and Middle Eastern central banks and sovereign wealth funds are increasingly anxious about the safety of their investments in the debt of Fannie Mae and Freddie Mac , despite the assurances of US government officials. Spooked by US… Continue reading Fannie & Freddie Debt Struggles
Bloomberg.com – King Loses Faith in Europe as Bank of England Responds to Region’s ‘Virus’ Bank of England Governor Mervyn King has lost faith in European governments’ ability to resolve the region’s debt crisis. The central bank yesterday announced its biggest stimulus since the depths of the recession, citing “vulnerabilities” related to the euro-area turmoil.… Continue reading UK Scary Talk
The Wall Street Journal – Feldstein: ‘About as Bad an Expansion as I’ve Ever Seen’ Is the U.S. in a depression? In a word, “no,” Harvard University economics professor Martin Feldstein told the Journal’s Kelly Evans in this week’s “Big Interview.” “I’m not quite sure what a depression is,” he said. Still, he expressed concern… Continue reading Wise Men Worry
The Wall Street Journal – Payrolls Rise as Striking Workers Return Nonfarm payrolls rose by 103,000 in September as the private sector added 137,000 jobs, the Labor Department said Friday in its survey of employers. Payrolls data for the previous two months were revised up by a total 99,000 to show 57,000 jobs were added… Continue reading Employment In Pictures