The 20 million dollar decision

Speaking of pensions ever again. The last post on the vast ambiguity in the value of the City of Pittsburgh pension fund was mostly a reflection of the lack of hard numbers in this story from February. It all sounds like accounting by Ouija Board.

I was going to follow up with yet another rant . . . → Read More: The 20 Million Dollar Decision

Health Care Consumers

People are bringing up the point that people simply don’t shop for health care. That we’re not consumers. Usually that people are non-economists, like some ER doc who thinks that he had to study for 8 years to become a doc, but that economists are just people with opinions. Or like Paul Krugman, who . . . → Read More: Health Care Consumers

Brian Uhlmer: Elevated Oil Prices Push Interest in Service Stocks

Large oil-drilling projects in the U.S. and abroad, the price of oil and new drilling technologies have brought growth and stability to oil field services and equipment companies. Read why investors are looking at this sector in The Energy Report’s exclusive interview with Brian Uhlmer, managing director and senior . . . → Read More: Brian Uhlmer: Elevated Oil Prices Push Interest in Service Stocks

Economic Events on April 27, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week decrease of 13.6% in the Purchase Index and a week to week decrease of 0.6% in the Refinance Index.

At 8:30 AM EDT, the Durable Goods Orders report for March will be released. The consensus . . . → Read More: Economic Events on April 27, 2011