I’ve updated the Options Expiration Calendar for 2013, along with the downloadable CSV file. You can find both here: Options Expiration Calendar
“We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature’s inexhaustible sources of energy — sun, wind and tide. … I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.”
Thomas Edison, inventor (1847-1931)
“You’d be a fool to hold anything but cash and a few bars of gold.”
You may recall David Stockman being President Reagan’s Budget Director. Since then, he’s had a checkered business career, with the leveraged buyout firms The Blackstone Group then Heartland Industrial Partners, where he made, and sometimes lost fortunes.
In this Business Insider interview, Stockman discusses his long-held opinions on our current economic situation, and why he doesn’t currently hold any stocks or bonds.
Kyle Bass, Managing Partner of Hayman Capital Management, and one of the guys who who correctly called the 2008 Housing Bubble weighs in on the continuing credit crisis in Europe.
What’s the best way to trade and invest, given the economic situation as we head into 2012?
Here’s the quick synopsis of the problem: On the one hand, there are destabilizing credit problems in Europe. The risk is restructuring, or outright default, by sovereign countries and commercial banks. See Greece. [Read more…]
I’ve created a downloadable version of the 2012 Options Expiration Calendar. You can find it here.
8.6 percent unemployment is nothing to crow about, but it certainly looks better than October’s 9.0 percent. November’s unemployment rate fell from October’s level by 0.4 percentage point to 8.6 percent, and employment rose by 120,000 jobs.
Civilian Unemployment Rate
My New Book — Economic Indicators For Dummies — Is Available
Even if you don’t pay attention to the business news, you know the economy is in bad shape.
If you could correctly interpret the countless complex economic indicators, you’d know how bad it is. But these economic reports seem to vex even the saviest investors. Can you hope to make sense of these reports when the pros never seem to agree?
In a word, yes.
Economic Indicators For Dummies is written for people who have no intention of becoming economics experts. [Read more…]