The costs in buying versus the costs in selling

All models are wrong, some models are useful. A model reduces complications that are true in return for tractability and insight. In finance, all too often, one complication which has been wished away is transactions costs. A great deal of what we see in the world around us is caused by the costs of . . . → Read More: The costs in buying versus the costs in selling

Canadian Oil Explorers Pump Profits Abroad: Frederick Kozak

Smaller Canadian-based companies are exploring and producing in countries all over the globe, in areas that may present even greater returns in the coming years. Frederick Kozak, oil and gas research analyst at Canaccord Genuity, draws on nearly 30 years of experience in the field to focus on investment opportunities in locations ranging . . . → Read More: Canadian Oil Explorers Pump Profits Abroad: Frederick Kozak

Workers materializing somehow

So the monthly news cycle over the latest dump of labor force data for the Pittsburgh region is pretty muted per the  PG,  Trib,  PBT.  Not much to say since the numbers are nominally unchanged and any changes you parse out of it are likely well within sample error or other variations that should . . . → Read More: Workers materializing somehow

Economic Events on May 31, 2012

The monthly Chain Store Sales report will be released today.  This report on sales in chain stores gives a look at the health of stores that make up about 10% of all retail sales.

The Challenger Job-Cut Report will be released at 7:30 AM Eastern time, providing an estimate of the number of layoffs . . . → Read More: Economic Events on May 31, 2012