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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject6/25/2001 8:14:20 PM
From: TobagoJack  Read Replies (3) of 74559
 
Thread News Service for Monday

New Economy Applied Micro warns:

cnnfn.cnn.com

Old Economy Intl Paper sacks:

cnnfn.cnn.com

Hardware Compaq shifts focus to software and service, waiting to be extinguished:

cbs.marketwatch.com

California intends to extort a few billion in refunds from generators, shafting generator shareholders, after having already pummeled bondholders:

cbs.marketwatch.com

OPEC has plans for our oil prices and supplies:

biz.scmp.com

US investor confidence hits 4-year low [EDIT: we are waiting for 20 (since 1981)] year low:

breakingnews.scmp.com

Home sales robust, presumably including those in California:

cnnfn.cnn.com

Trade deficit is down, good news to the folks who thought that the trade deficit was a good thing, given that more (‘excess’) capital flows to the USD;

cnnfn.cnn.com

Balkan state Macedonia ready for blowing up once more:

cnn.com

The medicine is, once again, to be the same, aggressive snake oil easing for the economy and proactive intervention for the troubled spots:

news.ft.com

Japan is leading the pack on … oh, just government debt, an inspiring USD 4.3 trillion; and I suppose, they could hit 10 trillion should the Yen tank suddenly:

biz.scmp.com

Some smart Barrick pays up $2.3 billion in own printed for more gold, thus ‘un-hedging’ itself in one efficient transaction, much as Warren Buffet reduced allocation to equity by purchasing a re-insurance company a while back:

news.ft.com

Odd news: murder can be automated in the future, and capital punishment will only involve removing batteries:

technology.scmp.com

Chugs, Jay
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