Dr. Paul Price - Comments
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Paul was seduced into the market in the late 1970s. His passion for investing led him to change careers in April of 1987 when he joined Merrill Lynch as a financial advisor. Over the next thirteen years, Paul achieved excellent results for himself and his clients at Merrill Lynch, A.G. Edwards, ...more
Latest Comments
Household Net Worth: The "Real" Story
10 years ago
Doug, It appears you're simply pointing out that household net worth advanced more than it deserved to in the first half of 2007 and that we've now come back to 'right on trend'. What's bad about that? No one should expect to keep gains that were undeserved to begin with. Stocks might not be worth as much as their nominal value versus seven years earlier. The buying power of cash is not was it was back in 2007 either. Where's the beef?
Ignorance, Sometimes Better Than Bliss
10 years ago
The new issue wasd bumped up to $3.5 billion due to huge demand. The new paper was trading up about 3% in the early going.
Usurious Returns On Phantom Money: The Credit Card Gravy Train
10 years ago
Very insightful.
In this article: AXP, DFS, MA, V
Risky Business: The Economic Impact Of Climate Change
10 years ago
The idea/audacity that man can control the forces of nature is absurd as trying to legislate the oceans' tides. Fluctuations in temperature have always happened and will continue to take place. Throwing billions or trillions of dollars into trying to stop the inevitable is a waste of human resources.
In The Spirit Of Martin Luther King Jr.: Reflections On Income Inequality
10 years ago
Doug, What is the difference in pay adjusted for educational levels and hours worked? Without that the data are meaningless. Uneducated whites make much less than other whites that have attained advanced degrees. Enterpreneurs who devote 60 - 80 hours to their jobs figure to earn more than 'punch the clock' rank and file workers regardless of race.
Fast Facts – Bad Seasonal Adjustment Misleads Market, Confuses Traders (and Reporters) On Jobs
10 years ago
My guess is that Ms. Yellen wanted to show lower headline numbers so that she has cover for 'tapering' of the taper program. Now she can stop the reductions in the the Fed's bond buying activities and blame the "weakening jobs picture".
Why Pay MSRP?
10 years ago
Costco (COST) reported Dec. comp store sales up 3%. Total December sales were + 6% to $11.53B. December comp sales, excluding negative gasoline price deflation and foreign exchange, were + 5%. The stock had been weak yesterday but is rebounding nicely on this news in the pre-market. COST: +1.95 /share to $116 at 7:43 AM
Chart Of The Day - Crane Company (CR)
10 years ago
Is buying a stock for a higher price than anyone has ever paid for it before, when the overall indices are at record levels, really a safe move? Risk appears to far outweigh portential reward except for the shortest term traders.
In this article: CR
America's Income - Who Has It?
10 years ago
What incentive will young people have to work hard and achieve when High School dropouts see that they will be given almost the same standard of living as those who punch the clock and contribute to society?
Morning Reads
10 years ago
Great summary list.
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