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Hedge Fund Manager Advice on Deflation
This guys comments make sense and give some interesting advice on investing for deflation.
California home prices show year-over-year increase!
C.A.R. November sales and price report. This just in from the California Association of Realtors: Home sales in November were 4.7% higher than a year earlier and the median price was 5.8% higher. That’s right, the median price was almost 6% higher than 12 months earlier! Housing, especially in California still has a lot of [...]
The truth about bankers
Check out this video from the Financial Times: Banking with Bird and Fortune “About the future of the world’s economy” Banker: “So long as it is about nothing important.” Funny piece and probably pretty close to the truth. HT: Felix Salmon
A Stimulus Program finally works, runs out of money in 1 week!
WSJ: ‘Cash for Clunkers’ Runs out of Gas Good article from the WSJ on the governments cash for clunkers program. Congress allocated $1 billion and it is gone in a week! A couple of quotes from the article: Congress had expected the $1 billion set aside for the rebates to last several months and set [...]
I need your vote
I am attempting to get published on another writing venture and have submitted a proposal to ChangeThis.com for one of their manifestos. This is in an area completely different from my usual topics. Go over to the link and give me a vote: http://www.changethis.com/proposals/1736
