“Market Failure”

From The Freeman:

This approach provides a way to see the problems government has in allocating resources even remotely well: It’s not just that government gets it wrong at various points but that political processes do not have the same error detection and correction abilities that markets have. Political actors are far less likely . . . → Read More: “Market Failure”

Jared Sturdivant: Distressed Companies Offer Gold Lining

Jared Sturdivant, portfolio manager and managing partner of O-Cap Management, LP, likes to find special-situation investment opportunities, which include companies that have “good assets and bad balance sheets.” When he finds them, he digs deep to ascertain their value and looks for the catalyst that will turn them into attractive investment opportunities. In this . . . → Read More: Jared Sturdivant: Distressed Companies Offer Gold Lining

Economic Events on April 5, 2011

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 10:00 AM EDT, the ISM non-manufacturing index . . . → Read More: Economic Events on April 5, 2011