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Subject: New York Times

The New York Times is an American daily newspaper founded in 1851 and published in New York City. The largest metropolitan newspaper in the United States, “The Gray Lady” — named for its staid appearance and style — is regarded as a national newspaper of record. The Times is owned by The New York Times Company, which publishes eighteen other newspapers, including the International Herald Tribune and The Boston Globe. The company’s chairman is Arthur Ochs Sulzberger Jr., whose family has controlled the paper since 1896.

The paper’s motto, as printed in the upper left-hand corner of the front page, is “All the News That’s Fit to Print.” It is organized into sections: News, Opinions, Business, Arts, Science, Sports, Style, and Features. The Times stayed with the eight-column format for several years after most papers switched to six columns, and it was one of the last newspapers to adopt color photography. The Times has won 101 Pulitzer Prizes, the most of any news organization. Its web site was the most popular American online newspaper Web site as of December 2008, receiving more than 18 million unique visitors in that month. [Wikipedia: 2009]

The end of the dollar?

Barack Obama: The last US president

Igor Panarin --- Seer extraordinaire

Igor Panarin, a Russian academic, is making headlines predicting the end of the United States in 2010. With his connections in the intelligence community, one might wonder what Professor Panarin might know about Barack Obama and his radical cabinet of ‘czars’ that is unknown to the American people?

Panarin’s map of the proposed breakup of the United States seems to exhibit a profound mis-understanding of American political history and culture. However, the non-democratic behavior of the Pelosi-Reid Congress does raise questions as to the future of the country.

Stock buyback fraud

The Buyback Bubble is now official!

An equity market in disequilibrium can suddenly come tumbling down.

The Federal Reserve flow of funds accounts have signaled that there is a massive disequilibrium in the US equity market for over a year. Most investors will pass through these days of madness, hardly appreciating the spectacle that surrounds them.

However, I will step into the breach and make an unsolicited public service announcement:

“The Great Buyback Bubble is now official! Look around you and behold!”

Questionable SIPC Guarantees?

Will your assets survive an atomic blast?

Will this protect you?

Millions have brokerage accounts with SIPC protection and think this means they have government insurance of up to $500,000 on securities in custody with a broker-dealer, plus $100,000 on cash balances — similar to the FDIC guarantee on bank accounts.

In this, millions of investors are mistaken.

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

Does ‘SEC Total Return’ protect investors?

Millions of investors put money for retirement into mutual funds selected on the basis of "SEC total returns" and the name of the fund. This article explains how the SEC allows funds to use this misleading statistic to the detriment of investors and to the benefit of fund managers. More ...

US Politics

What is the future of private pension plans?

Between 1999 and 2002, US private pension funds lost US$ 1.2 trillion in value. It would almost seem that pension fund managers had been speculating with retirement money, attempting to beat each others' short-term performance statistics, with little interest in safeguarding the assets of plan beneficiaries. 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..
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US Bonds

Bond demand exceeds supply for a decade

Over the decade, 1995-2004, the demand for US bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. More ...

World Economy

What Is ‘International Liquidity’?

It used to be that the term 'international liquidity' meant the relative amount of resources available to a nation's monetary authorities that could be used to settle a balance of payments deficit. In the days of the gold standard, this would mean access to gold that could be used to redeem a nation's currency held by foreigners. More ...

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2010-08-13 13:05