IPad to be Sold In Best Buy?

Posted by Joseph Y. Calhoun, III

There are rumors that the new Apple IPad will be sold in Best Buy stores when it comes out:

Apple’s iPad introduction was heralded by many as the redefinition of the tablet PC, but in reality, as we pointed out, it’s less a computer than it is a large iPhone. Still, people want to get their hands [...]

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Long Term Sector Performance

Posted by Joseph Y. Calhoun, III

What’s the only sector to outpeform the S&P 500 in each of the last three decades? From Glusking Sheff via The Big Picture

A defensive sector outperforms in all types of markets. Very interesting….

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Now We Know Who to Blame

Posted by Joseph Y. Calhoun, III

There are plenty of people who believe that the great financial crisis of 2008 was a failure of capitalism, of free market economics. Free market economics is most often associated with the Universidy of Chicago school of economics and Milton Friedman. John Cassidy of the New Yorker recently wrote an article in which he used the [...]

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Scott Sumner Nominates Cramer for the Fed

Posted by Joseph Y. Calhoun, III

Well, sort of. Actually he just wants some optimists on the FOMC:
I’m thinking of people like Jim Cramer and Larry Kudlow.  When I say “like them,” I don’t mean people with similar views on monetary policy, I mean people with similar personalities.  People who are optimistic about America, strongly pro-growth, people that are not passive, [...]

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