Year: 2009

Links and Reading for August 4th

Some of the more interesting and important items for August 4th :

Bank of America Among Worst for U.S. Mortgage Modifications, Treasury Says – Surprised?
Toyota Sees Outlook Improving – Nice to see…
US consumer spending rises in 2nd straight gain (AP) – But, look at revisions…
SEC, BofA Settle Over...

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Revisions to PCE and Income… Nasty

Personal income dropped to the lowest point in four years according to reports. This is in advance of the retials sales release later this week. How will consumers spend if there are less jobs now and lower income?

Add to this that the personal savings rate is growing exponentially and we...

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Series – Cash For Clunkers #2: AutoNation (AN)

Company Description:   AutoNation Inc. (AN) retails, finances, and services new and used vehicles.   The company also provides other related services and products, such as the sale of parts and accessories, extended service contracts, aftermarket automotive products, and collision repar services.   AutoNation operates throughout the United States.

AutoNation and...

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TDI Podcast #120 – Recovery or Sugar High?

Stock picks and the economy from this week and month are discussed in detail. How far have we come and where are we going? Is there a a “W” recovery coming or is this the best we will see? Are we on a sugar high? We...

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Links and Reading for August 2nd

Some of the more interesting and important items for August 2nd :

Obama officials eye more jobless aid, weigh taxes – Rob from the rich to give to the poor
Jobless benefits to dry up for 1.5 million: NYT – This is one reason why we are seeing the continuing claims...

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