So if you want to see the gloomiest picture of Downtown used in an upbeat story see today’s headine.
Reuters: Only three major U.S. cities see economic recovery: study
What 3 you have to ask? Lots of ink on this one from all over, but nary a mention locally? Even reverb over the pond of . . . → Read More: The new metro gazelles?
It’s impossible to generalize when it comes to renewable energy investments. Therefore, investors must approach opportunities on a case-by-case—and state-by-state—basis. But Jacob Securities Senior Vice President of Research John McIlveen knows how to pick his plays in any market environment. In this interview with The Energy Report, John McIlveen names his best bets. . . . → Read More: How to Pick Renewable Energy Stocks in Changing Markets: John McIlveen
At 8:30 AM Eastern time, the monthly Personal Income and Outlays report for October will be released. The consensus for Personal Income is anincrease of 0.3% over the previous month and the consensus Consumer Spending index change is an increase of 0.1%.
At 9:45 AM Eastern time, the Chicago PMI Index for November will . . . → Read More: Economic Events on November 30, 2012
Intercontinental Exchange has announced cash-settled futures on the Indian Rupee and the Brazilian Real [press release] [Saabira Chaudhuri in the Wall Street Journal]. With this, ICE is the first serious global exchange to start trading in the rupee.
Vimal Balasubramaniam and I have pointed out that the global market for the Indian rupee is adding . . . → Read More: Rupee and Real futures at ICE
Many goldbugs like gold as a hedge against Federal Reserve policies and high inflation. Paul van Eeden, president of Cranberry Capital, says he does not fear high inflation due to Fed policies. Van Eeden is a different kind of goldbug and in this interview with The Gold Report, he explains how his proprietary . . . → Read More: Paul van Eeden on Why Gold is Overvalued
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.
At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there . . . → Read More: Economic Events on November 29, 2012
Boring unemployment news today… or is it. Another jump in Pittsburgh’s labor force. See interactive graph for more. Pittsburgh MSA labor force +26K year over year through October. Works out to +2.1% or more than double US labor force growth (+1%) over the same period.
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Buy and hold or go for the tenbagger? Two successful money managers, Adrian Day and Brian Ostroff, sat down with The Gold Report at the Hard Assets Conference to share their forecasts for 2013. Although the two have very different investing approaches, they came to some of the same conclusions about the future . . . → Read More: Fund Managers Face Off in the Quest for Mining Profits
The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.
At 10:00 AM Eastern time, the New Home Sales report for October will be released. The consensus is that 387,000 new homes were sold . . . → Read More: Economic Events on November 28, 2012
We have released a cost-benefit analysis of the UID system. In one line, the result of the calculations, under fairly conservative assumptions, is that the IRR of building the system is 53% in real terms. Hence, building UIDAI is a pretty good use of public money.
Through this page, you can access a short . . . → Read More: The IRR of UIDAI is over 50 per cent in real terms