Gallup Finds Two-Thirds of Americans Favor Extending Bush Tax Cuts for All A new Gallup poll finds that 66 percent of Americans support extending Bush tax cuts to all Americans for two years. The results contradict a CBS poll from last week, widely cited by Democrats, which found just 26 percent favored extendeding them to everybody. I imagine that the difference has to with how the questions were asked. Gallup asked whether people would want to "Extend the federal
Buy #Stocks, Sell #Bonds – Keep It Simple
Stocks to do 2x better than bonds the next 10 years - Bogle John Bogle has been warning about the perils of human behavior in investing for over 50 years. The moment we start watching our investments regularly, we are tempted to do something stupid — we react to a temporary market blip by selling our best investments. That costs money and sometimes has tax implications. "We are our own worst enemies," Bogle says. "We buy at the highs and sell at the lows."
Shale gas supply expected to keep US prices low in 2011
The United States - using technology - has found years and years of natural gas supplies. We are even exporting it! HOUSTON, Dec. 3 -- While another year of price distress awaits US producers of natural gas from shale reservoirs, technology has lowered breakeven thresholds of important plays, speakers said at an industry conference in Houston. Beyond next year, said Dan Pickering, copresident of Tudor, Pickering, Holt & Co. LLC, $4/Mcf gas is unsustainable. In the long term, he explained, a commodity’s
Smart OEX option traders have been the most right on the market as the dumb money public investor has fled stocks for bonds. Jason Goepfert notices that when the "smart money" OEX option traders buy more calls than puts it is an historical bullish signal: Most of what we've looked at over the past few weeks has had a bearish bias, as that's the position most of our indicators are in. One exception is S&P 100 (OEX) options trading, which
On the Eve of Redemption…or Destruction?
I have regretted that I have been devoting so much time to a discussion of policy and politics these last two years but these are the forces that are driving financial markets today. The performance of individual companies is far less important than macroeconomic factors in determining investment performance. We are on the eve of two important events that will affect not only our immediate future but the future of the global economy: tomorrow's mid-term elections, and the Wednesday's meeting of
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