Subscribe to RSSWeekend: Deja Vu All Over Again
Welcome to the Wealth Daily Weekend Edition — our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles....
Bet on Transformational Technologies to Trump Political Ideology
Emerging transformational technologies, as economist Joseph Schumpeter pointed out, do not advance the economy by consistent predictable increments. Rather, they...
Fleckenstein Pins High Prices on the Fed
Here’s a great video in which Bill Fleckenstein explains the root cause of soaring prices in practically everything to Dylan Ratigan . Not surprisingly,...
Alcoa (AA), Bank of America (BAC), JPMorgan, Delta Air Lines (DAL), United Continental (UAL), AMR (AMR), Southwest Airlines (LUV) All Drop on Down…
The Dow Jones Industrial Average fell more than than 180 points, led by Alcoa (AA), Bank of America (BAC), and JPMorgan (JPM). The plunge follows three weeks of...
The Incredible Shrinking Middle Class
Here’s a copy of the chart of the day.As you might have suspected, the rich get richer while everyone else basically gets to tread water. The article that...
Inflation in (Mostly) the Wrong Places
It is often claimed that inflation is a benign, even positive, force. People assume that prices, wages, and assets will all rise together… In the real world,...
Is Warren Buffett Heading for the Exits?
Nobody ever rings a bell at the top. That’s why sometimes it is instructive to keep an eye on so-called “smart-money”—especially when they...
Blinder Understates Cost of Carbon Tax
In a recent article in the Wall Street Journal , Alan Blinder listed numerous alleged benefits of a phased-in carbon tax. Out of his entire column, he devoted a...
The WSJ’s Most Controversial Article… Ever
On January 9th, The Wall Street Journal ran an article that would become the most viewed, commented-on editorial in the publication’s history. The article...
The Great American Snooze Button
I’ve been known to hit the snooze button on occasion. My long-suffering editor can attest to that. Just ten more minutes, then I’ll… Imagine if...
Bank of America (NYSE:BAC) Boosts Las Vegas Sands (NYSE:LVS), Wynn Resorts (Nasdaq:WYNN)
Las Vegas Sands (NYSE:LVS) and Wynn Resorts (Nasdaq:WYNN) got a PT boost from Bank of America (NYSE:BAC), as the travel and luxury sector appears to be improving.Las...
The Only Biotech Stock to Own for 2011
Take a look at the following chart: Last week, my favorite biotech stock — Anavex (AVXL-OTCBB) — made a two-and-a-half year high, reaching an intra-day...
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