Investing for Survival
Ten
rules of investing from ten highly successful investors (medium):
News on Stocks in Our Portfolios
Economics
This Week’s Data
I
completely screwed up my account of the December ADP private payrolls report
yesterday. It should have read that jobs
were up 241,000 versus expectation of up 235,000. In addition, the November number was revised
up.
The
Fed released the minutes of its December meeting and, not surprisingly, it
remains patient, i.e. easy (see stock rocket shot). Other than that bit of news, it continued
with its ‘on the one hand’/’on the other hand’ noncommittal (confused)
storyline that has so pleased the speculator/hedge fund/carry trade crowd for
so long, Yeah, its worried about oil
prices and a global economic slowdown; but, what the heck, there are so many
positives to offset those risk. I will
let you suffer through the entire narrative:
Weekly jobless
claims fell 4,000 versus estimates of an 8,000 decline.
Other
The
rising threat of deflation (medium and a must read):
Politics
Credit
where credit is due: House instructs CBO to institute ‘dynamic scoring’
(short):
The
validity of postmodern science (short):
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