ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
According to “Building a Better America One Wealth Quintile at a Time” by Dan Ariely and Michael I. Norton, Americans are generally misinformed about the true distribution of wealth in America. Robert Reich’s “Aftershock: The Next Economy and America’s Future” represents an insightful and creative approach to educating the reader on income inequality and potential … Read more
Argentina targets news reporting of inflation data – Yahoo! News A judge has subpoenaed six newspapers for the names and phone numbers of all reporters and editors who have covered Argentina's economy the past five years, so they can be called as witnesses against their sources. News organizations called it an attempt to censor and … Read more
Sheila C. Bair – Will the next fiscal crisis start in Washington? Even as work continues to repair our financial infrastructure and get the economy moving again, we need urgent action to forestall the next financial crisis. I fear that one will start in Washington. Total federal debt has doubled in the past seven years, … Read more
When the Federal government begins its withdrawal from the economy, the implications will be large and the ramifications likely painful. We saw it when Cisco’s stock plunged 16% after reporting earnings partially compressed by a reduction in government contracts. We see it every day as temporary Federal stimulus wanes and takes more and more steam … Read more
For a few months, I have intended to write an update on lithium ion battery company Ener1, Inc. (HEV) since I took exception with an analyst’s dismissal of the company in late July of this year. The stock remained firm since then, and I was thinking it was a bullish sign. HEV reported earnings last … Read more