[email_link] Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. Continued SOURCE: http://www.michigancapitolconfidential.com
[email_link] SOURCE: http://www.coburn.senate.gov/public/index.cfm?a=Files.Serve&File_id=b69a6ebd-7ebe-41b7-bb03-c25a5e194365
[email_link] I have been sitting here and asking myself for a couple of weeks: “Where is the jam into the end of the year?” After all, we all know how life works in the market. At the end of every month, more at the end of every quarter…and especially at the end of the year,…
[email_link] Notice the big drop since in the past 2-3 years. Go back to 66% civilian participation and the unemployment rate skyrockets. If the job market was indeed getting better, this chart would not be diving. Or maybe the ATMs are the culprit.
[email_link] Bring on the war of words. In a frank conversation with MSN writer Lawrence Ulrich, Audi of America President Johan de Nysschen has said that the Chevy Volt will fail and that anybody who buys the car is an idiot. Not only that, de Nysschen has lumped proponents of any type of electric car…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/121618.mp3 JUST LETTING YOU KNOW… 9 trading days left in the year. In the past few months, I made a point of telling you that we’re entering a very tough period for the market…and that’s what we got. I said it based on how many areas of the market that had topped out–combined with…
[email_link] HONG KONG—Real-estate prices are falling across much of Asia as government measures to rein in once-booming prices start to bite and the slowing global economy hits export-dependent economies. The slowdown ends years of increases that have driven prices up by 70% or more since the start of 2009 in the hottest markets, spurred by…
[email_link] Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the agencies. The lawsuits filed today in Manhattan federal court were followed by an SEC statement that…
[email_link] Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought. The National Association of Realtors said a benchmarking exercise had revealed that some properties were listed more than once, and in…
Chart courtesy of StockCharts.com Gold has broke below its 150 day moving average the first time since January of 09. Since that time, gold has tagged this long term moving average 9 times…most to the penny. If it cannot get back above within the next week, I would consider it a major breakdown of consequence….
