Bounces And Bumps Next month, an array of laser devices mounted on top of high-rise apartment buildings in New Jersey begins operations. Their function is to zip market data 35 miles between the data centers of the New York Stock Exchange and the Nasdaq Stock Market data center in order to shave a few billionths […]
Keeping Perspective As predicted last week, stocks easily summoned enough buyers to push the Dow Average through 16,000 and the S&P past 1800. This prompted the usual media attention given to round numbers. After the Federal Reserve released its latest report, the market sold off slightly on its newest mention of the prospective inevitable “taper” […]
The Fed Takes Point Headline news centered on the grave situation in Syria but Wall Street kept its focus on interest rates. Going into the Federal Reserve’s first meeting in two months, commentators predicted the beginning of a decrease in the Fed’s policy of bond purchases and low interest rates. Chairman Bernanke surprised Wall Street […]
Home On The Range Stocks continue to oscillate in what Wall Street likes to call a “trading range.” With all the nerve- wracking news from Europe and unsettled political quarrelling here, it is no wonder that investors do not feel at home on this range. As usual, the public mood exaggerates stock market conditions. Things […]
Editor, As a fisherman, Dave, (Letters, “Freedom Eroding Away,” Feb. 17) you should know that plastic bags pollute our beaches, there are islands of plastic bottles and bags out in the oceans, and sea animals have been found with plastic bags (they look like jelly fish when inflated with water) in their stomachs. Maybe you […]
An Apple a Day Keeps the Down Market Away Apple (AAPL-$445) crushed Wall Street analysts’ earnings estimates. It did this the old fashioned way, not through juggling its accounting as many banks do, but through developing and marketing superior products. One hopes that this would subdue those chattering financial commentators who spent much of the […]
An Apple a Day Keeps the Down Market Away Apple (AAPL-$445) crushed Wall Street analysts’ earnings estimates. It did this the old fashioned way, not through juggling its accounting as many banks do, but through developing and marketing superior products. One hopes that this would subdue those chattering financial commentators who spent much of […]
More Money, Honey Another perfect day in Paradise, but then there is Wall Street. Oh, no! Even though Wall Street is 3,000 miles away or 5,000 kilometers for Brits who read on the left side of this paper, investments affect everybody everywhere. I’m particularly sensitive to the economy because my wife is always saying, […]
Risk On, Risk Off Wall Street loves jargon; its latest is “Risk on” or “Risk off” to label daily market swings. This is really only a more genteel description of the impact of greed versus fear on stock prices but it is a reminder of the importance of risk valuation in investment returns. I […]
Debt Default-The March Of Folly Investors today are battered with headline news of breaking events. The natural response is to react to these bulletins by buying or selling something, a reaction that is quite often completely wrong. One of the hundreds of old Wall Street sayings is “Don’t sell on news of a strike.” This […]
Author Explores OC’s Open Spaces and Wildlife Latitude 33 Bookshop will host Allan Schoenherr, author of “Wild and Beautiful: A Natural History of Open Spaces in Orange County,” at 1 p.m. on Saturday, March 12, at 311 Ocean Avenue. Schoenherr’s 232-page book, published by Laguna Wilderness Press, takes readers on an exploration of the paths […]
Book Swap Tucks Good Reads into New Hands In honor of International Friendship Month, Laguna Beach Books will hold a community book swap to benefit the Friendship Shelter from 2 p.m. to 4 p.m. on Sunday, Feb. 27. Readers are invited to bring up to 10 good quality books to swap, including fiction, non-fiction, mystery […]
By Tony Crowell Last month, the government of Romania introduced a tax on fortunetellers. The Romanian Parliament is now considering legislation that would subject them to fines or even prison if their predictions fail to come true. Investors may wish that the SEC would consider similar action against false stock market prophets. I prefer assessing […]
Strasser Shares All in Mommy Memoir Teresa Strasser, Emmy-winning television writer, television and radio host, and now author of “Exploiting My Baby: A Memoir of Pregnancy & Childbirth” will attend a special book-signing event at Laguna Beach Books from 6 p.m. to 8 p.m. on Thursday, Jan. 13. Strasser’s collection of essays is a comic, […]
Editor, I strongly recommend that each and everyone of us take advantage of all public meetings and ask the candidates point blank what they are going to do to help families whose property insurance policies have been cancelled and help protect the value of our property. The fact that the city has done little to help homeowners who are at […]
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