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Equity repurchases:

Is the Stock Buyback Era over?

The US government supports stock buybacks

Stock buybacks failed to dominate the US equity market in the second quarter of 2009. Non-financial corporations were net issuers of equities for the first time in many years. Lack of corporate cash and a need to reduce leverage seem to be what’s driving the market.

However the SEC has not revoked Rule 10b-18 and stock buybacks still have a lot of support. Will stock buybacks return with better times?

International conflict:

War between Israel and Iran in 2010?

Does the "end of days" portend war?

The rapid development of nuclear weapons by an aggressive Iran threatens the world. Could war break out between Israel and Iran in 2010? President Ahmadinejad has announced the ‘End of Days’ to the United Nation.

The US is still the world’s major military power. However, American resolve is questioned at this critical moment. The long-festering ‘Mideast situation’ is approaching the brink of war. Financial market worldwide are threatened. Do you see a solution?

US politics:

Why Congress won’t kill ACORN

chimera,jpg

Closely connected with President Barack Obama, the ACORN group of “community organizers” has drawn censure from the Democrat-controlled Congress as a result of daring investigative reporting by James O’Keefe and Hannah Giles.

However, effective Congressional action seems unlikely. The HUD grants program is a ‘honey pot’ that has kept legislators of both parties in slush funds for generations. Take the case of the sidewalk in Sandy, Utah …

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Featured articles on inside pages

Stock buybacks

Stock buybacks and dividend equivalency

Corporations have argued that stock buybacks are equivalent to dividends. This article explains why this is not true and why suggesting buyback-dividend equivalency may constitute fraud.
More ...

Securities Analysis

How much are US equities overvalued?

By 2007, commonsense analysis suggested that US equities were at least 40% overvalued. This conclusion was supported by many academics and by John Burr Williams's formula. More ...

US Politics

Why Congress won't kill ACORN

Closely connected with President Obama, the ACORN group of "community organizers" has drawn censure from the Democrat-controlled Congress as a result of investigative reporting by James O'Keefe and Hannah Giles. More ...

US equities

The productivity vs. population debate

The 'Baby Boomer Bomb' refers to the expected effect of the retirement of the Baby Boomer generation on capital markets, particularly equities. Two proposed 'solutions' to the problem are examined: Boomers being 'saved' by productivity and technology; and, alternatively, by selling their financial assets to the next generation..
More ...

US Bonds

The collapse of the dollar and US bonds?

The extreme spending of the Obama government, combined with irresponsible bank lending policies promoted by Barney Frank and Chris Dodd, portend rising interest rates, the collapse of the bond market, and the end of dollar supremacy. More ...

World Economy

Signs of US losing its groove?

Thirty years ago, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This year, or the next, this foreign income surplus may disappear forever. Is the US 'losing its groove'? More ...

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DJIA10341.18  chart +0.21%
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2010-08-13 13:07