Good morning. Well, you won’t be able to say I didn’t warn you. Pension funding: the next big ‘challenge’
http://www.businessinsider.com/art-cashin-gold-structured-products-2013-4
…and this one is pretty clear as well: “the train wreck awaiting American retirement”
http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/retirement-gamble/john-bogle-the-train-wreck-awaiting-american-retirement/
The US earnings season so far: mediocre, especially on revenue
http://www.bespokeinvest.com/thinkbig/2013/4/24/mediocre-earnings-and-revenues.html
European banks are still tightening on credit conditions. Mostly on account of the economy
http://www.ecb.europa.eu/stats/pdf/blssurvey_201304.pdf?f07fccdb7ead1e8db63651918e6c9b92
The most surprising thing about this chart is not the level of buybacks, but rather the poor timing of companies to do so…
http://www.businessinsider.com/market-rally-buybacks-and-dividends-2013-4
All you ever wanted to know about Slovenia -but were afraid to ask. With nice looking charts and all!
http://ftalphaville.ft.com/2013/04/24/1469552/a-slovenia-qa/
Tech stocks, overpriced no more!
http://www.economist.com/blogs/graphicdetail/2013/04/daily-chart-16
HA! HA! HA! This one is up for the-dumbest-line-ever-drawn-competition! My 3 year old daughter is the only challenger so far…
http://www.zerohedge.com/contributed/2013-04-24/one-line-watch-where-gold-heading
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Amazing graph on share buybacks. But what is the alternative? CFO’s would have to predict their own share price …
Well, if CFO’s are supposed to be able to assess whether a takeover of a rival is worth it or not, than why should they not be able to have a better knowledge on the price of their own stock? Unlike the rest of us, they have all the information at hand to make the right assessment…