Bond guru Bill Gross of PIMCO is finding value in at least one area of the stock market: utilities. In his monthly investment commentary on PIMCO’s web site, Gross talks extensively about the sub-1% money market yields that investors are faced with amid the Federal Reserve’s low- ... Read more
Science Friday Archives: The Science of Decision-Making: "Paper or plastic? Steak or salmon? Stay or go? Every day, we make thousands of decisions, most minor, some major. But how does your brain make the choice? In this hour, we'll take a look at the science of decision making. Can your genes influ ... Read more
Longtime CNN anchor and commentator Lou Dobbs joined me on last night's Kudlow Report to discuss Omama-nomics, Tim Geithner, the demise of the dollar, the threat of American declinism, immigration, trade policy and other hot button issues. ... Read the full post ... Read more
Earlier this week, Applied Materials (AMAT) announced that it was acquiring Semitool (SMTL) in a $364 million all-cash deal. As we’ve footnoted before, Semitool had an interesting side-deal with CEO Ray Thompson that had the company leasing several planes and an aircraft hangar ... Read ... Read more
Dell (DELL) unloads poor results on its investors and watches as 10% of its value disappears. No significant comment from management they just put the numbers out there and watched the slaughter. All this in the context of buying EDS which supposedly is a game changer. No leadership in communication ... Read more
Time Warner (TWX) decides to sell off AOL. At the same time they announce they will reduce the AOL work force by one third. So basically the board of directors knew they had to cut one third if not more and kept these guys around, destroyed shareholder wealth and are now sufficiently hypocritical by ... Read more
Noted contrarian investor and author David Dreman says a correction is coming for the stock market — but he says investors are best off just holding their ground and riding through it. In an interview with Fox Business, Dreman says it’s too hard to tell exactly when the correcti ... Read more
On this site, we have at times made fun of the findings of various stock market analysts . In the book Managing Investor Portfolios: A Dynamic Process , the esteemed authors discuss some of the traps analysts fall into when making their forecasts. 1) Anchoring trap. The mind gives a ... R ... Read more
G10 Advancers and Decliners vs USD JPY 0.04 EUR -0.02 CHF -0.06 GBP -0.21 Risk appetite stayed weak in the Asian session, after Wall Street closed lower but, overall, most of the trading in currencies and commodities was well in their ranges. The EURUSD traded between 1.4880 ... Read t ... Read more