Skip to main content

Features of the week

We have a rather wide range of interesting subjects and stories for you in today's "Features" wrap-up.

As we scroll down this list, you'll hear about Warren Buffett and Berkshire Hathaway's ever-increasing cash hoard, get Tim Iacono's view on the underpinnings of the US economy, and take an audio slideshow tour through Putin's Russia.

Sound good? It's all here in this Friday's edition of, "Features of the week".

1. US economy: spending eroded by inflation, business sentiment falls.

2. The US dollar breaks down against a range of foreign currencies.

3. Vacant homes and developer ghost towns.

4. Detroit Housing = ~$0. House prices in Motown may signal a bigger Rust Belt trend.

5. John Rubino profiles the canny moves of real estate investor Marcel Arsenault.

6. The three trillion dollar war. Costs of conflicts in Iraq and Afghanistan.

7. Across Putin's Russia. An FT "In depth" audio slideshow tour.

8. Sheep in human clothing - scientists reveal our flock mentality. (Hat tip to The Big Picture).

9. Speaking of crowd mentality: our review of Mobs, Messiahs, and Markets.

10. What if conventional wisdom is wrong? Tim Iacono on the economy.

11. Soviet art emerges from behind the Iron Curtain.

12. Weak dollar, record sales at Sotheby's London auction.

13. Alt-A mortgage securities tumble, signaling losses.

14. Pimco's Gross plans to buy subprime-casualty assets.

15. Buffett's big problem: an ever-increasing cash hoard.

16. Overheard in Chicago: a banker tells a friend that the loan business is locked up, and "nothing the Fed has done has helped".

Thanks for reading Finance Trends Matter.

If you'd like to keep up with our regular posts, you can subscribe to our site feed or bookmark this site for future visits.

Have a nice weekend!

Popular posts from this blog

Nasdaq credit rating junked.

S&P cut Nasdaq's credit rating to junk status citing debt burdens and its questionable strategy to buy a controlling interest in the London Stock Exchange. Financial Times reported that the exchange's counterparty credit & bank loan rating were lowered fromm BBB- (lowest investment grade rating) to BB+. The change will increase Nasdaq's borrowing costs should it wish to pursue aquisition targets. For an earlier look at the exchange consolidation trend that brought about Nasdaq's push for a stake in the LSE, please see "Exchange fever" .

Clean Money - John Rubino: Book review

Clean Money by John Rubino 274 pages. Hoboken, New Jersey John Wiley & Sons. 2009. 1st Edition. The bouyant stock market environment of the past several years is gone, and the financial wreckage of 2008 is still sharp in our minds as a new year starts to unfold. Given the recent across-the-board-declines in global stock markets (and most asset classes) that have left many investors shell-shocked, you might wonder if there is any good reason to consider the merits of a hot new investment theme, such as clean energy. However, we shouldn't be too hasty to write off all future stock investments. After all, the market declines of 2008 may continue into 2009, but they may also leave interesting investment opportunities in their wake. Which brings us to the subject of this review. John Rubino, author and editor of GreenStockInvesting.com , recently released a new book on renewable energy and clean-tech investing entitled, Clean Money: Picking Winners in the Green Tech Boom . In Clean ...

Jesse Livermore: How to Trade in Stocks (1940 Ed. E-book)

If you've been around markets for any length of time, you've probably heard of 20th century supertrader, Jesse Livermore . Today we're highlighting his rare 1940 work, How to Trade in Stocks (ebook, pdf). But first, a brief overview of Livermore's life and trading career (bio from Jesse Livermore's Wikipedia entry). "During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. He subsequently lost both fortunes. Apart from his success as a securities speculator, Livermore left traders a working philosophy for trading securities that emphasizes increasing the size of one's position as it goes in the right direction and cutting losses quickly. Ironically, Livermore sometimes did not follow his rules strictly. He claimed that lack of adherence to his own rules was the main reason for his losses after making his 1907 and...