My morning reads:

• Why does this bull market get no respect? (USA Today)
• How Apple sets its prices (Macworld)
• Dell spent more on share repurchases than it earned. Ever. At prices well above current levels. (NYT) see also A Reboot for Buyouts? Depends on Dell Deal (WSJ)
• Why you can’t beat the market (Investors Chronicle)
• ECRI’s “tell-tale chart” now telling a different tale (the bonddad blog)
• Markets to Washington: You know nothing of our work (Wonkblog) see also Republicans worry they’ll lose the House to Dems if they botch fiscal talks (The Hill)
• Working Like Dogs (Penn Gazette)
• Curbing Gun Violence (JAMA) see also Lack Of Up-To-Date Research Complicates Gun Debate (npr)
• Pauline Phillips, Flinty Adviser to Millions as Dear Abby, Dies at 94 (NYT)
• Locking Horns: When Miles Davis Met Wynton Marsalis (Off Beat)

What are you reading?

 

Advantages of Dividend Payers

Source: Business Insider

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

15 Responses to “10 Friday AM Reads”

  1. mad97123 says:

    “Why does this bull market get no respect?”

    Markets on governement life support are not worthy of “respect” is the simple answer.

  2. willid3 says:

    suspect that main street has learned the 1930s lesson again, that wall street is nothing but a rigged game. against them. they have no chance of winning, so dont play

  3. Greg0658 says:

    “Dell spent more on share repurchases than it earned. Ever. At prices well above current levels.”
    didn’t bother to even try to understand @link
    but a twofer
    guess’g: borrowed at less than 0% – mosied up to the payout window – and cashed in 1/100th of the chips – left 99% just to be benevolent

  4. willid3 says:

    Well, they say, clearly “we” have to lower taxes on “the job creators” even more, raise them on the “unproductive” 47% or is it the 99%? And also, cut spending substantially on programs that provide benefits for the poor, the middle class, and even the 99%, so we can “. . . live within our means,” and remove the burden of excessive public debt on our grandchildren.

    But, what if we say to these people, well, “the job creators” aren’t making any jobs? That’s a fact! They give all kinds of excuses, but the truth is that they have no sales, so they have no incentive to create any more jobs.

    On the other hand, the more we lower their taxes, the more money they have sitting idle, and the more they have an incentive to use that money to invest in financial manipulation schemes rather than jobs. So, why not tax them at extremely high rates on net profits and provide them an incentive to lower their net profits by spending more of their gross profits on tax-deductible business expenses like employees and business expansion? Why won’t high taxes on them do more to create jobs than lower taxes? Didn’t we have far lower unemployment rates when marginal tax rates were sky-high, than we have now when they are a pittance on the wealthy?

    http://www.nakedcapitalism.com/2013/01/joe-firestone-the-great-austerity-swindle.html

  5. Greg0658 says:

    what am I looking @ .. a twofer for Friday from me .. I watched 1/2 so far and seems compatible with general galactic science understanding .. but could be bunk :-\

    Black Star Update December 09, 2012
    https://www.youtube.com/watch?v=vmvgSgkOdhY

  6. hue says:

    Crazy is the new normal http://wapo.st/XiR9UV

    The Lies He Told, a thoroughly modern scandal, Klosterman & Gladwell discuss Manti Teo, Lance, celebrity culture http://es.pn/UB0ae6

  7. thomas hudson says:

    5 myths about this year’s flu:
    http://www.washingtonpost.com/opinions/five-myths-about-this-years-flu/2013/01/17/3091bad0-5f51-11e2-a389-ee565c81c565_story.html

    for those who think that limiting magazine capacities can slow down a shooter, watch this guy:

    http://www.youtube.com/watch?v=CAFxgQmxbGI

  8. willid3 says:

    hm dont we always get ‘sold’ that deregulation will reduce prices no matter what? but for what ever reason it almost never happens

    http://www.sfgate.com/technology/dotcommentary/article/AT-amp-T-rates-skyrocket-since-deregulation-4204388.php

    make one wonder if we arent Charlie Brown and Business isn’t Lucy, and they aren’t always pulling that football up before we can kick it? and we always end up on the ground wondering what happened?

  9. thomas hudson says:

    http://www.realclearpolitics.com/articles/2013/01/18/mr_president_chicagos_gun_victims_need_you_now.html

    Consider this, Mr. President: During the first 16 days of January, 26 people have been killed by guns in Chicago — the exact same number as at Sandy Hook Elementary School. By the time this year is out, the south and west sides of the city we both call home will have endured, in terms of sheer numbers of people killed, the equivalent of 20 Sandy Hook massacres. That’s on top of the equivalent of the 19 Sandy Hooks the city experienced in 2012.

    The other sad reality, Mr. President, is that almost nothing proposed this week in Washington, D.C., by your administration will do anything to stem the tide of gun violence in our inner cities. Most of these crimes were not committed with semi-automatic assault weapons, they weren’t committed by the mentally ill, and they won’t be stopped by universal background checks.

    As you said, “If there is even one thing we can do to reduce this violence, if there is even one life that can be saved, then we’ve got an obligation to try.” There is one thing you can do, Mr. President. Come home to Chicago. Talk to the kids. If they’ll listen to anybody, they’ll listen to you.

  10. Derektheunder says:

    This bull market, impressive as it is, gets no respect because it should not have happened. It will reverse abruptly at the first whiff of a hint of the end of the QE legacy. That keeps me from adding.

    The carrot of the market trading at “just 13 times estimated profits for 2013″ doesn’t look very enticing either. I’ll kick myself if I miss out on most of an epic rise, but I’ll shoot myself if don’t miss out on the next epic crash.

  11. DiggidyDan says:

    Hey BR, did that USA Today article happen to be on the cover?

    If so, that’s about as perfect a contrary “magazine” cover indicator you can get.

    Nothing is more mainstream than USA Today!

  12. gordo365 says:

    Who, other than the “Buy high sell low” crowd, and those that make commission off of churn – would buy S&P after ~120% bull run? Am I missing something?

    My money – there will be a point in 2013 where s&P is down 15% from Jan 1. why not buy then?

  13. DiggidyDan says:

    Complex Systems Theorists predicting global Food Riots:

    http://motherboard.vice.com/blog/we-are-now-one-year-and-counting-from-global-riots-complex-systems-theorists-say–2

    “In a world well-warmed by climate change, unpredictable, extreme weather events like the drought that has consumed 60% of the United States and the record heat that has killed its cattle are now the norm. Just two years ago, heat waves in Russia crippled its grain yield and dealt a devastating blow to global food markets—the true, unheralded father of the Arab Spring was global warming, some say.

    And it’s only going to get worse and worse and worse. Because of climate change-exacerbated disasters like these, “the average price of staple foods such as maize could more than double in the next 20 years compared with 2010 trend prices,””

  14. Giovanni says:

    The thought that plagues my mind is this: “What if our founding fathers, limited by colonial gun control, only had access to slings and arrows?”

    I believe our duty as concerned citizens is to prevent the heavily armed but uninformed masses from rising up in violent but unwinnable insurrection by restoring our constitutional government through the legal means established by those same founding fathers. We must reverse the rising trajectory of destruction caused by the suspension of habeas corpus, the elimination of property rights (the bypassing of recorded title at county courthouses) and the outright purchase of our elected representatives by monied corporate interests.

    While I recognize that a well armed populace serves as a deterrent to tyranny, I believe it should more powerfully act as an inducement to prevent the futile bloodshed that inevitably results from abdicating our duties as citizens to prevent the destruction of our democracy. Now is the time for all good citizens to come to the aid of our constitutional democracy.

    As a father I can think of no worse fate than to have children killed by the random violence of a deranged individual but that is an issue of treating the mentally ill, not an excuse for abandoning the last vestiges of liberty. The balance of power between citizens, the states and the federal government was an issue that most concerned our founding fathers and the system they devised was the best yet invented but it depends on the active participation of all of us.

    I urge you to speak up in defense of our country and the truths we hold to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.