“The empires of the future are the empires of the mind.” Winston Churchill (1874–1965) British prime minister. Speech (September 1943)
Recently some worrying news came throgh the main media channels and I had to apply my economics knowledge again to the reality.
The U.S. trade deficit probably widened and the cost of imported goods jumped, underscoring how the surge in oil prices is hurting growth and igniting inflation, economists said before various reports are released this week. Read More »The US trade gap widening and its consequences for investing
It is like in the star wars – Yahoo (the republicans) and Microsoft (the OS empire) battle together whilst Google sits idly and watches the game. Microsoft Corp and Yahoo Inc have been holding separate talks with other potential media partners after their negotiations with each other broke down, sources familiar with the companies’ thinking said on Wednesday according to Reuters.
Microsoft — rebuffed this year in efforts to buy all of Yahoo and then just its search business — is talking about alternative deals with Time Warner Inc, which owns AOL, and News Corp, parent of MySpace, a source close to Microsoft said, but any negotiations remain in preliminary stages. Of course, its reaction came out of the repeated Yahoo refusals to give in to Microsoft’s investment proposal, although the software giant offered them US$ 33/share, a premium of more than 65% on the average price share before the announcements.Read More »Investing in the top 3 US technology stocks – Microsoft, Yahoo and Google
In a previous article doitinvest.com was already pointing at the high risk associated with the investments in the banking and financial services sector shares. We came up with specific data and information showing that huge losses from the subprime/real estate portfolios write downs (US$ 7 billion only in 2007) and we showed that this sector has become very risky because of its lack of transparency (despite applying the Basel 2 rules, or maybe because of them!).
However, risky means higher profit (or loss!) opportunities for the investors, so some of you might be interested in going ahead and speculate the current situation. What should you do?Read More »Investing today in the US financial sector – is it worth?
A short look over the news from the last 6 months shows that the US banks have received hits after hits. Almost all of them reported huge losses on the subprime crisis:Read More »US banks and financial services intitutions under pressure