Monday, October 4, 2010
Thursday, September 30, 2010
Wednesday, September 29, 2010
Structure of Excuses
But don’t bother asking for evidence that justifies this bleak view. There isn’t any. On the contrary, all the facts suggest that high unemployment in America is the result of inadequate demand — full stop. Saying that there are no easy answers sounds wise, but it’s actually foolish: our unemployment crisis could be cured very quickly if we had the intellectual clarity and political will to act.
In other words, structural unemployment is a fake problem, which mainly serves as an excuse for not pursuing real solutions.
In other words, structural unemployment is a fake problem, which mainly serves as an excuse for not pursuing real solutions.
Tuesday, August 24, 2010
Tuesday, June 22, 2010
Saturday, June 19, 2010
Soros Recent Additions & Largest Positions
According to his fund's latest filings with the SEC (as of March 31), Soros has been adding to his already large overweight positions in the oil & gas sector. His largest stock holding remains Brazilian oil giant Petrobras, which trades in the U.S. via an American Depositary Receipt (ADR) with the ticker symbol PBR. Petrobras is a vertically integrated oil company, participating in exploration, production, refining and retailing of crude oil and gas.
Soros' funds also added to positions in Canadian energy producer Suncor Energy (NYSE:SU), and Houston-based oil & natural gas producer Petrohawk Energy (NYSE:HK). All told, Soros has about 30% of his long investments the oil & gas space - more than twice the weighting of the S&P 500 index.
Smaller positions that saw buying during the first quarter include Apple Inc. (Nasdaq:AAPL), Goodyear Tire & Rubber (NYSE:GT), Lawson Software (Nasdaq:LWSN), CVS Caremark (NYSE:CVS) and DirecTV (Nasdaq:DTV).
Gold Remains on Top
Precious metal remains the number-one overall holding, as Soros has nearly 10% of his assets invested the SPDR Gold Trust ETF (GLD). He also owns call options which could increase his ownership stake in the coming months.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/06/17/investopedia44771.DTL#ixzz0rKDmhdU8
Soros' funds also added to positions in Canadian energy producer Suncor Energy (NYSE:SU), and Houston-based oil & natural gas producer Petrohawk Energy (NYSE:HK). All told, Soros has about 30% of his long investments the oil & gas space - more than twice the weighting of the S&P 500 index.
Smaller positions that saw buying during the first quarter include Apple Inc. (Nasdaq:AAPL), Goodyear Tire & Rubber (NYSE:GT), Lawson Software (Nasdaq:LWSN), CVS Caremark (NYSE:CVS) and DirecTV (Nasdaq:DTV).
Gold Remains on Top
Precious metal remains the number-one overall holding, as Soros has nearly 10% of his assets invested the SPDR Gold Trust ETF (GLD). He also owns call options which could increase his ownership stake in the coming months.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/06/17/investopedia44771.DTL#ixzz0rKDmhdU8
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