Tag: copyright

Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues
February 14, 2014 0

Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues

By News Desk

Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues Posted by Michael Shedlock at 11:56 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

MEPs Accuse Troika of Aggravating Unemployment and Poverty in Rescued Countries
February 14, 2014 0

MEPs Accuse Troika of Aggravating Unemployment and Poverty in Rescued Countries

By News Desk

Via translation from El Pais, Members of European Parliament Accuse Troika of Aggravating Unemployment and Poverty in Rescued Countries "They could have acted as surgeons, cutting superfluous. Instead they acted like butchers with an ax," says MEP Alejandro Cercas in reference to the policies that the European Commission, the European Central Bank (ECB) and International Monetary Fund (IMF), the troika, that have been implemented in Greece, Ireland, Portugal and Cyprus, the four Eurozone countries that were forced to request a bailout. The report before the Committee on Employment and Social Affairs of the European Parliament adopted on Thursday morning does not use such harsh words, but blames the three agencies-known as the troika for  policies that have contributed to the deterioration of the welfare levels in the four countries

Deflation Theory Reality Check: Why Inflation is Severely Understated; Feel Good Effect
February 13, 2014 0

Deflation Theory Reality Check: Why Inflation is Severely Understated; Feel Good Effect

By News Desk

Amazon: AMZN : The PE of Amazon is 592, Valuation is $160 Billion Linked In: LNKD : PE of Linked In is 837, Valuation is $23 Billion Facebook : FB: Facebook PE is 106, Valuation is $165  Billion Priceline : PCLN : PE of Priceline is 36, Valuation is $64 Billion Hertz : HTZ: PE of Hertz is 37, Valuation is $12 Billion Starbucks : SBUX : PE of Starbucks is 483, Valuation is $57 Billion  Boston Beer (Samuel Adams) : SAM : PE of Boston Beer is 43, Valuation is $3 Billion I could go on and on but I won’t. At current earnings, investors in Amazon will have to wait 592 years for a positive return on earnings. More realistically, they would have to wait forever because Amazon does not pay a dividend.