WebWorkerDaily readers are a diverse bunch. Every week, I profile a different reader and ask them to share what they do, how they do it, and some of their favorite hints and tips.
Who are you and what do you do?
My name is Larry Salibra. I am [...]
It’s Déjà Voodoo Economics… All Over Again
By: Eric Sprott & David Franklin
If you’re of a certain age, chances are you remember exactly where you
were when JFK was assassinated. Similarly, if you’re from Canada or
the United States and have an even remote interest in hockey, it’s
highly likely that you remember exactly where you were when [...]
Submitted by RCS Investments
Bullish News
Treasuries –> As expected, the household sector is increasing its exposure to treasuries which make up less than 5% of the household balance sheet.
All that “dry powder” that everyone is talking about, is not making
its way back to equities folks. Households have endured to massive
bubbles in a span of roughly 10 [...]
Yesterday we predicted that Repo 105 would be the media buzzword for the next days and weeks. We were right. Dylan Ratigan and Eliot Spitzer digest the Lehman examiner report, and simplify it enough so that Joe Sixpack can grasp the nuances. It is, in our opinion, now beyond a reasonable doubt that Lehman’s CFO [...]
After declining marginally in the prior week from a previous record, net euro short positions surged to a brand new record, hitting an all time record of -74,551, according to the CFTC’c Commitment of Traders. This compares to last week’s -66,770 net short positions. The previous euro short record was -71,623 attained on February 23, [...]
The largest transfer of wealth in history is beginning to unfold. Even with the market collapse, $10 to $136 trillion in wealth will move from one generation to the next.
Perhaps you have been or will be one in four Americans who are lucky enough to receive one of these bequests. If so, [...]
Ian Gilday, European head of high-yield and loan capital markets at Goldman Sachs
High-yield bond issuance rocketed at the end of 2009 as the thirst for yield returned, leading investors lower down the risk spectrum. As yields dropped in response, this opened up the market to even
The education of Mark Zuckerberg. The Wall Street Journal has a must-read profile of Facebook founder and CEO Mark Zuckerberg, who has kept a firm hold on his company, even as he’s raised hundreds of millions of dollars and plotted an eventual initial public offering. The Journal reveals that Zuckerberg has grown up a lot [...]
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