Paul Kedrosky submits: A comment from Merrill Lynch's David Rosenberg got me thinking, perversely enough, that one money-making trend to watch going forward will almost certainly be a burgeoning U.S. market in -- wait for it -- frugality. Frugality is going to set...
Paul Kedrosky submits: Be it resolved: We're at a price point in oil markets where we are screwed no matter which direction prices move. Higher prices smoke the economy and inflation, and lower prices screw the emerging alternative energy complex. Thoughts? by Paul Kedrosky
Paul Kedrosky submits: These FOMC statements should be banned. They are a tired exercise in reader-hostile word-smithing, a conscious attempt to hide meaning and abuse language. Check the following for the MS Word track changes on today's statement. Then try to explain how the words are anything...
Paul Kedrosky submits: In an FT article dismissing current weakness in Euro markets comes this candidate for dumb-ass throwaway economic comment of the year: ...the eurozone’s strengths are too often hidden. Here is the clincher: eurozone countries together won more medals at the...
Paul Kedrosky submits: Employee stock options at 1 in 10 Fortune 500 companies are essentially worthless, and stock options are currently underwater at 40% of such companies. That is up from a little over 30% being underwater at the end of Q1, according to a new study. ...
Paul Kedrosky submits: Am I the only one irritated by the fawning treatment given Pimco's Bill Gross and his commentary Thursday? His implicit threat of a bond buyer's strike -- he wants the Fed to get off its ass and backstop Freddie/Fannie -- is so deliriously self-serving. He is...
Paul Kedrosky submits: There is what's sure to be a fight-starting cover piece in the current New Scientist arguing that there is no global water crisis. The gist of the argument: Water is poorly managed, with too much going to agriculture in the wrong places, but, properly allocated, there...
Paul Kedrosky submits: Two fascinating charts from the folks at Zillow today. Both highlight current trends in negative equity -- homeowners who owe more on their home than it is worth -- albeit in different ways. First, here is a look at number of homes with negative...
Paul Kedrosky submits: Some random trivia to use in cocktail conversations tonight: China has now won more medals in the current Olympics that it did in the entire 1988 Olympics -- and than in all games preceding '88 combinedSwimmer Michael Phelps has won more medals than either India...
Paul Kedrosky submits: Talk about slamming the barn door after the cows have all gone, check the eye-popping percentage of U.S. loan officers in the following Federal Reserve chart saying that their firm is tightening credit for home loans. We are at levels of credit restrictiveness that we haven't...
Paul Kedrosky submits: A year ago overseas markets were all the rage. A weaker U.S. dollar and fast-growing markets in Asia, in particular, were keeping the U.S. out of recession, despite a rapidly weakening U.S. consumer. Fair enough. But what happens a year later? Because now we...
Paul Kedrosky submits: If you picked today to get back from holidays and re-commence messing about in the capital markets, I'm guessing you wish you hadn't. The indices all tanked, with everything from oil to the financials doing a Fearless Freep dive into nothingness. Then again, there were some...
Paul Kedrosky submits: There are many unsettling things about yesterday’s brief and unseemly Bloomberg wire appearance, and then disappearance, of an obituary for Apple’s Steve Jobs -- not least of which is that he’s not dead yet -- but I was struck by this parenthetical instruction to reporters. ...
Paul Kedrosky submits: Speaking of those damn foreigners -- you know, the ones who keep propping up Fannie/Freddie by buying their debt -- there is a new Federal Reserve study out seemingly showing that non-U.S. exposure to subprime is a little less than some of us expected. In...
Paul Kedrosky submits: I keep coming back to a comment from Mark Cuban in the weekend Washington Post. When asked, among a host of others, what book he would recommend to people trying to make sense of the current financial/economic turmoil, amidst a sea of high-tone choices from economists,...
Paul Kedrosky submits: Not sure if I've mentioned it here before, but I'm fond of my handy-dandy eBay-based bankruptcy indicator. It works like this: When high-profile companies are in dire financial straits, or at least employees perceive that to be the case, insiders start selling ... golf shirts and...
Paul Kedrosky submits: Is Amazon's Kindle a e-book reader turning into the iPod of books? It got generally positive reviews at launch, but word of mouth is driving it faster now, with people pushing it on each other increasingly eagerly. Further confirmation of the Kindle phenomenon comes this morning...
Paul Kedrosky submits: I know that many people are nodding in dizzying agreement with an NYT piece today about how second mortgages in America went from verboten to 'vonderful, but I'm going to demur on the love-in. Sure, there is a great story here somewhere -- second mortgages rose...
Paul Kedrosky submits: A quick roundup of some of the more useful images and storm tracks for Hurricane Tropical Storm Gustav. Now southwest of Haiti, it is currently projected to makes its way into the heart of the oil-producing Gulf of Mexico by Monday. Upper-level winds are low, so...
Paul Kedrosky submits: When wildfires burn a landscape, it's not all bad. It cleans out underbrush, helping the next generation of plants and trees emerge. Wildfire is also required by some plants to propagate, like various species of chaparral, whose seed pods only open under the kinds of heat...
Innovative USB Sleep'n Charge. Stylish Fusion™ finish. Ultra-portable. It's clear why the Satellite® U405 is a smart choice for you and your small business. Only from the laptop expert, Toshiba.
Powerful, Dell is built to fit your business needs Customized systems, experts trained in small business, 24/7/365 support, and powerful, reliable technology. Dell, big results for small business.
