Thursday, December 4, 2008

What slang word for liquor appears in Darren Rovell's blog post on the invention of Gatorade?

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The Call

What slang word for liquor appears in Darren Rovell's blog post on the invention of Gatorade?

Answer: firewater

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Tuesday, November 25, 2008

: Which strategist told CNBC Monday that Citigroup's common stock "was toast"?

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Question: Which strategist told CNBC Monday that Citigroup's common stock "was toast"?

Answer: Christopher Whalen

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Monday, November 24, 2008

CNBC Bonus Bucks Trivia Answers for Monday, November 24

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Question: When does Mike Duke effectively take the CEO post at Walmart?
Answer: Feb. 1, 2009

SQUAWK ON THE STREET
Question: Which central banker told CNBC Friday that his peers seek a "new world order"?
Answer: Brazil's Henrique De Campos Meirelles

The CALL
Which super-investor told the Fast Money team Thursday that the dollar is going to drop "like a stone"?
Answer: Peter Schiff

POWER LUNCH
What nightmarish phrase did Pimco's Mohammed El-Erian use to warn bank investors?
Answer: "the unthinkable"

STREET SIGNS
Which strategist told CNBC Friday, "All financials will be owned by the U.S. government in a year"?
Answer: Hugh Hendry

CLOSING BELL
In Allen Wastler's Nov. 20 blog post, who is the first possible Treasury Secretary candidate he names?
Answer: Timothy Geithner

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Friday, November 21, 2008

Thursday, November 20, 2008

EF Hutton: What did Pentagon press secretary Geoff Morrell say is the solution to marine pirate attacks?

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Question: What did Pentagon press secretary Geoff Morrell say is the solution to marine pirate attacks?


Answer: a holistic approach

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Wednesday, November 19, 2008

What does Click Capital Research's Colin Gillis fear about investing in Yahoo?

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The Call

Question: What does Click Capital Research's Colin Gillis fear about investing in Yahoo?

Answer: the wait for a new CEO

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Wednesday, August 13, 2008

American Driving Reaches Eighth Month of Steady Decline topping the 1970s total decline

This is a good example of simple supply/demand economics. Demand drops prices drop.
clipped from www.fhwa.dot.gov
New data released today by the U.S. Department of Transportation show that, since last November, Americans have driven 53.2 billion miles less than they did over the same period a year earlier – topping the 1970s' total decline of 49.3 billion miles.
Americans drove 4.7 percent less, or 12.2 billion miles fewer, in June 2008 than June 2007.

To review the FHWA's "Traffic Volume Trends" reports, including that of June 2008, visit http://www.fhwa.dot.gov/ohim/tvtw/tvtpage.htm.

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Saturday, August 9, 2008

TauRx Therapeutics-- New treatment halts progress of Alzheimer's disease

The results of the Phase 2 study of TauRx's new treatment strongly suggest that it is possible to halt progression in mild and moderate Alzheimer's. TauRx is continuing to refine its treatment and hopes that restoration may be possible at least at the earlier stages with improved versions of its drug. Tangles are already destroying nerve cells in parts of the brain critical for memory in people in their fifties and upwards. The ultimate goal is to develop a product that is convenient for patients that could be widely used at the very earliest stages of the disease, long before patients experience the first symptoms of Alzheimer's.
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Tuesday, July 8, 2008

Sex gets better with age, study says

It will be a while before I can comment first hand on this one. It is interesting. I wonder if I will have to move to Sweden?
clipped from www.msnbc.msn.com

70-year-olds said they get it on now more than they did 30 years ago

More 70-year-olds are having good sex more often, Swedish researchers said on Tuesday in a finding bound to bring a smile to many an aging baby boomer.

They found 70-year-olds of both sexes are having more sex than they did 30 years ago, and many more women report being satisfied with their sex lives.

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CNBC Stock Blog: On Monday, hospitality analyst Jake Fuller panned which casino stock?

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EF Hutton: In the feature, "ETFs Provide Cover When Markets Get Crazy," which ETF does John Schloegel recommend?

EF Hutton: In the feature, "ETFs Provide Cover When Markets Get Crazy," which ETF does John Schloegel recommend?

In Fast Money's July 3 post, "Our Favorite Inflation Trades", what was Guy Adami's play?

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EF Hutton: In Fast Money's July 3 post, "Our Favorite Inflation Trades", what was Guy Adami's play?

In Julia Boorstin's July 7 post about NBC Universal's Weather Channel buy, which of NBC's Web sites does she mention?

EF Hutton: In Julia Boorstin's July 7 post about NBC Universal's Weather Channel buy, which of NBC's Web sites does she mention?

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In Julia Boorstin's July 7 post about NBC Universal's Weather Channel buy, which of NBC's Web sites does she mention? Answer: Hulu.com



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Monday, July 7, 2008

In the CNBC Stock Blog post "Top Food Stock Picks for Lean Times", what ingestible image is displayed on the page?

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In the Stop Trading! blog post "Big Money Makes Its Move" which sector/idea does Jim Cramer call "horrible"?

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In Carmen Wong Ulrich's blog post on wages, what wildlife phrase does she use for wrangling with debt?

EF Hutton: In Carmen Wong Ulrich's blog post on wages, what wildlife phrase does she use for wrangling with debt?

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CNBC Weekly Bonus Quiz Answer: Traders break patterns into two types; continuation and _______.

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EF Hutton: CNBC Weekly Bonus Quiz Answer: Traders break patterns into two types; continuation and _______.


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Wednesday, July 2, 2008

The Death of Equities and the Housing Abyss

File this under food for thought.
This Business Week cover entitled the Death of Equities appeared August 13, 1979. It took about 3 years and then the market bottomed and started its big bull run.
Here is the July 7, 2008 cover of Business Week.
To you read about The Housing Abyss following the link.
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Saturday, June 14, 2008

House GOP falls short on campaign cash

clipped from news.aol.com
House rank and file Republicans are tens of
millions of dollars short of meeting fundraising targets set by
their own campaign committee in advance of this fall's elections,
according to figures circulating among the leadership, heightening
concerns inside the party about major losses in November.
Most recent figures show that GOP lawmakers have brought $27
million into the coffers of the National Republican Congressional
Committee in the past 17 months, far short of the target of about
$58 million. Compounding the challenge, they will soon be asked to
raise another $20 million or more to help candidates in selected
battleground districts.
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Wednesday, March 5, 2008

Oprah Crashes Her Own Web Site

clipped from blogs.wsj.com

Add Oprah to the list of celebrities who don’t read the Business Technology Blog. If she did, the TV star would have known to check with her tech department before posting an online video that crashed her Web site.

On Monday night, Oprah and Eckhart Tolle, author of “A New Earth,” hit cyberspace in a heavily promoted event intended to help fans transcend their egos and reach new states of spiritual happiness. Cyberspace hit back: More than 500,000 people tried to watch the Webcast, overwhelming the equipment that runs Oprah’s site. Viewers’ screens froze; some saw a message explaining the site was experiencing technical difficulties.
Oprah’s production company put out a press release calling the Webcast “one of the largest single online events in the history of the Internet” and apologizing for not being prepared.
oprah_blog_20080305183200.jpg
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Assisted living costs for Alzheimer's patient is tax deductible

clipped from www.usatoday.com
Q: My mother just went into an assisted living facility due to Alzheimer's. It costs over $4500 per month. Are any portion of these expenses tax deductible?
Answer from AICPA member Kenneth J. Strauss: Sorry about your mother but the good news is that the entire $4,500 is fully tax deductible as a medical expense.

The rules can get pretty complicated but it is clear that Alzheimer's disease is a severe cognitive impairment which is the threshold for determining if the taxpayer is entitled to a full medical deduction.

Like all medical deductions the total amount of medical deductions is an itemized deduction. The medical expenses in excess of 7.5% of her adjusted gross income are deductible.

Depending on how high her income is will determine the full tax benefit. This might be a year to take some extra money from her retirement account. If your mother does not have the resources and you or another family member is paying then you should see if your mom can qualify as a dependent.

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Tuesday, March 4, 2008

Do Parts of Ohio and Texas Not Count?

Follow the link to the complete text of this interesting article.
clipped from blogs.wsj.com
In Texas and Ohio, where the latest polls suggest close races between Sen. Barack Obama and Sen. Hillary Clinton today, 334 pledged delegates are at stake. But by the reckoning of some political analysts, voters selecting 142 of these delegates are rendered irrelevant by the Democrats’ primary rules, because they’re likely to be split down the middle among the two candidates.
Campaign 2008
That’s because these delegates will come from the 19 districts in Texas and the 12 in Ohio that have an even number of delegates up for grabs.
Slate’s Christopher Beam
wrote to California Democrats before their primary that “there’s a good chance your district won’t count.”
Adds Michael Barone, in U.S. News & World Report, “Nobody seems to have thought through the consequences of having allocated so many districts an even number of delegates
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Smart Clips: We Are The Ones Song by will.i.am

Smart Clips: We Are The Ones Song by will.i.am






Monday, February 25, 2008

Barack's Blockbuster in Akron

clipped from my.barackobama.com

All across Ohio, Barack has been greeted by huge crowds of supporters -- 7,000 folks Saturday night in Cleveland; 15,000 yesterday in Toledo.

Saturday, over 5,000 people in Akron waited out in the cold, in a line that wrapped around the John S. Knight Center, because they wanted to be a part of something bigger than themselves and hope again...
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Obama: McCain Puts Lobbyists 'In Charge'

clipped from news.aol.com
Sen. Barack Obama said Saturday that the
Republican presidential nominee in waiting, Sen. John McCain, has
lobbyists as top aides and "many of them have been running their
business on the campaign bus while they've been helping him."
The Democratic presidential hopeful also said McCain's health
care plans reflect "the agenda of the drug and insurance
lobbyists, who back his campaign and use money and influence to
block real health care reform."
Jill Hazelbaker, a spokeswoman for McCain, said the Arizona
senator "has been an agent for change for his entire career - he
is the greatest change agent in our party - and we plan to
highlight that record in this election."
Obama broadened his criticism to McCain's ties to lobbyists
He takes their money and has put them in charge
of his campaign."
Obama was referring to Charlie Black
pointed
to a recent published report that said the McCain strategist, who
is a registered lobbyist, does a lot of work by phone from McCain's
campaign bus.
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Exiting Home Sales "Slipped" 23.4%

Existing-Homes sales "slipped" some in January, according to the National Association of Realtors (NAR). The problem, the Realtors point out, is simply that some potential buyers are waiting on sidelines.

Delve beneath the national average into the details, and you find all manner of ugliness.

-Median existing-home price was $201,100 in January, down 4.6% from a year ago (National average)
-Total housing inventory rose 5.5%

-At the end of January, existing homes available for sale were  4.19 million, a 10.3-month supply at the current sales pace (up from a 9.7-month supply in December). 

-Single-family home sold at an annual rate of 4.34 million in January. This is 22.4% below January 2007. 

-The median existing single-family home price was $198,700 in January, down 5.1% from a year ago.

-Existing condominium and co-op sales dropped 6.5%, and are 30.2% below the year ago levels. The median existing condo price ($220,400) is only 1.0% lower than January 2007.
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People rest in one of Nairobi's temporary shelters

clipped from blogs.usatoday.com
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Zohra Bensemra of Reuters took this photo of people from the Kikuyu tribe resting today at a temporary shelter in Nairobi's Mathare slum. They are among the thousands of Kenyans who have been displaced in recent weeks by post-election violence in Kenya.
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Foreclosures

clipped from blogs.wsj.com
Alan Blinder and Lawrence Summers both wrote about the problems the economy faces from foreclosures and the possible solutions
Blinder looks at the possibility of reviving the New Deal-era Home Owners’ Loan Corporation. “The HOLC was established in June 1933 to help distressed families avert foreclosures by replacing mortgages that were in or near default with new ones that homeowners could afford. It did so by buying old mortgages from banks — most of which were delighted to trade them in for safe government bonds — and then issuing new loans to homeowners.
in the Financial Times Summers proposes bankruptcy overhauls and more voluntary restructurings
“Bankruptcy reform alone could, on some estimates, avert 500,000 foreclosures
Proper support for voluntary restructurings involving interests in future appreciation should realize still greater benefits.”
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The Technology Tech Leaders Fear the Most


clipped from blogs.wsj.com
You know that cool Web site you found or the device that makes you more productive? Better not bring it to the office: The majority of corporate tech leaders say that these tools don’t belong in the workplace.
That’s according to CIO Magazine, which found that 54% of the 311 tech leaders it surveyed said that technology designed for consumers was inappropriate for corporate use.
drive_blog_20080225005231.jpg
Here are the top nine
Voice-over-the-Internet software
Online productivity software. This surprised us, but software like Google Apps and Zoho
Digital cameras
Remote storage
Smartphones
Social-networking Web sites. Ten percent of tech leaders are frightened by sites like MySpace and Facebook.
Instant Messaging. Online chat is a large enough security threat that 11% of tech leaders said it was their biggest fear.
Web-based email accounts. Gmail, Yahoo Mail and Hotmail topped the list
Portable storage devices. A runaway winner, devices like USB drives were the biggest fear for 43% of tech leaders.
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