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Archive for December, 2008

Will the age of Obama become the age of austerity? As the president elect enjoys a family vacation in Hawaii we are drawing ever closer to the end of a year that may portend the beginning of the end of an economy dominated by rampant consumerism.
In less than a month,  the world will witness the transfer [...]

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Expect retailers to continue deep discounts into the New Year as they attempt to unload inventory on consumers, that have exhibited significant restraint during this holiday season, holding  onto their dollars with a tighter grip than seen in recent years.  
This is the time of year, where historically, retailers have unloaded inventory that has collected dust on shelves [...]

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I have just completed viewing Paramount Pictures, The Curious Case Of Benjamin Button. A tale of fantasy based on a Fitzgerald short story in which the premise of the story evolves around a character who is afflicted with a reverse aging process.
Given the events of the past several months in the financial markets as well [...]

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A year in which many investors have had frigid returns well below zero is not warming up as we approach the finish line in a historical year in the markets, in which volatility was one of the few constants. The long awaited Santa Claus rally in the stock market appears to be in a deep freeze [...]

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I am going to begin writing about a journey, that I am beginning, as I attempt  to acquire a platform company in partnership with a private equity firm.  A  journey that is likely to be more difficult given the current performance of the global economy. However, economic trials can provide numerous opportunities if you are prepared [...]

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The price of a barrel of crude oil fell below $37 today. Despite the OPEC decision on Wednesday to further reduce oil output by 2.2 million barrels per day, oil has tumbled to a level not seen in nearly 5 years. It was only a few short months ago, that speculators triggered a run on the [...]

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Strolling through the aisles at my local Wal-Mart today, I was surprised to see an abundance of board games on display. Games such as Parker Brothers Monopoly and Life, were well merchandised in a center aisle. As we read and hear more about entering the age of austerity, could this portend a return to more traditional lower cost [...]

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A tip of the hat to the Fed for their dramatic response today to the continued economic plight that we find ourselves in as we count down toward 2009. I can’t imagine that  many Americans ever envisioned the Fed establishing a Fed funds target rate of between zero and one quarter of a percent but,  that [...]

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The emotional roller coaster investors are riding around the globe caused by the volatility in the stock markets as measured by the .VIX are equally matched by the volatility of the .PBI, the Political Bailout Index. While the public can be caught up in the  high drama associated with these political solutions as evidenced currently by the [...]

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With General Motors on the brink of Bankruptcy and Chrysler queuing up behind them Republican leaders in the Senate are opting to stand again on principle as opposed to acquiescing to an imperfect and temporary solution to the immediate ills of the US auto industry.
One need only to look back a few weeks and recall [...]

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