Wednesday, March 26, 2014

RESEARCH


There's research. Then there is research. We've mentioned before how big pharmaceutical pays researchers to produce the research the big boys crave. It's neither new nor uncommon. If anything, it's much more widespread than the mesmerizing media reveals.
http://www.propublica.org/article/double-dip-doctors-paid-to-advise-promote-drug-companies-that-fund-research




BRACE YOURSELF


US NUCLEAR PLANTS

Higher utility prices on the way?

With all the ballyhoo about energy independence and abundant natural gas supplies and the ranting against the evil duo, coal and nuclear power, one might postulate: why higher energy or utility bills on the horizon?
http://www.bloomberg.com/news/2014-03-26/high-utility-costs-to-linger-after-winter-s-chill-fades-energy.html

TWO SIDES OF STORY


Normally we'd post this under Voices. But this is an important read because you get the chance to decide for yourself and, as such, deserves broader exposure.

In the end, that's what investing comes down to, deciding for yourself and accepting the consequences without bickering. Some people call it doing your homework. But even that term has its oxymoron qualities: too complicated for some, too simple for others.

http://www.minyanville.com/sectors/global-markets/articles/will-China-Debt-Bomb-Trigger-US/3/26/2014/id/54329

GETTING THE MESSAGE: MORE CHINA?
http://www.reuters.com/article/2014/03/26/us-china-debt-idUSBREA2P07Q20140326

SO FAR SO GOOD


Commodities Up So Far In 2014

We talked about commodities earlier, specifically beef and hogs and grains and cocoa. Much is being made about the China perfect slowdown that many fear will turn out not so perfect. But 2014 so far has been so good if you owned some commodities.
http://www.cnbc.com/id/101523319

Tuesday, March 25, 2014

A LITTLE BUFFETTOLOGY

The 10 worst places to retire included Mr. Buffett's beloved Nebraska. How Mr. B gets remunerated, you can be sure most of these tax bites don't bite him.

Buffett pays himself a pittance of a salary and takes most of his billions in capital gains taxes, taking further advantage of the state being the second least expensive place to retire.

So The B man profits two ways.
http://www.topretirements.com/blog/great-towns/10-worst-states-for-retirement-for-2014.html/

BANKS WILL BE BANKS

Run on banks not new in most places. But this is China where things for many are beginning to appear grim. Despite all claims to the contrary, the last word is perception rules. http://www.reuters.com/article/2014/03/25/us-china-banking-yancheng-idUSBREA2O0R520140325

OXY FOLLOW UP

Though this story first ran a little over a month ago, it's very much center stage. A growth-by-shrinking trend is afoot not just in the energy business. It's too bad that most governments don't take the hint.

http://www.energytribune.com/80345/will-oxys-divorce-spur-the-break-up-of-big-oil#sthash.DVFHaVvK.dpbs

Monday, March 24, 2014

QUICK MARKET WRAP

When you go swimming you never know what lurks just below the surface.

What with the all the current market jitters the real trouble might lay just below the rumblings and not in some far off place like next year when most expect the Fed to be well into its projected QE weening. http://www.fxstreet.com/analysis/daily-forex-market-wraps/2014/03/24/

QUACKING DUCKS




.
There's an old Wall Street bromide quacking ducks get fed. Initial public offerings frequently attract the fast-buck crowd. They also often accompany a feeding frenzy.
http://money.cnn.com/2014/03/24/investing/premarkets/index.html

PMI TEA LEAVES



If you're a PMI fan you might find this update http://www.marctomarket.com useful. We don't put much stock in purchasing manager stuff. But along with March Madness it can lend to glancing water cooler one-up man-ship.

On the cosmic scale of importance they're about the same.