Archive for December, 2014

Don’t Get Mad At Uber’s Price Surge For New Years Eve

December 31, 2014 0 Comments
Don’t Get Mad At Uber’s Price Surge For New Years Eve

You were, after all, warned this would happen. Days in advance, no less. New Years Eve is no doubt the biggest party date of the entire year, especially since this will be the last day we spend in 2014. As always, there’s no better place to spend New Years in America than the city that […]

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As Gas Prices Fall, Americans Weed Off Their Oil Addiction

December 30, 2014 2 Comments
As Gas Prices Fall, Americans Weed Off Their Oil Addiction

Will lower gas prices truly lead to extra consumer spending? According to most economist, that would make the most logical sense. As oil prices drop, Americans consumption less oil. As Americans consume less oil, consumers spend less money on gasoline and the extra savings will be diverted towards other things. But what if we are […]

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Michael Grunwald: Last Election Illegitimate. The US Economy Is Awesome

December 29, 2014 0 Comments
Michael Grunwald: Last Election Illegitimate. The US Economy Is Awesome

Personal financial situation getting you down? Feeling that you are getting slightly poorer? Have you once again left the labor market because you couldn’t find the job you are looking for? Pay no attention to any of that. Pay more attention to the 5% GDP growth the economy experienced in Q3. Pay attention to all of the […]

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Apple Can Save $3 Billion Making iPhones With Pitiful Storage Capacity

December 28, 2014 0 Comments
Apple Can Save $3 Billion Making iPhones With Pitiful Storage Capacity

People like to brag when they show me their brand new iPhone 6 (or 6 Plus). I’ve had mine since day one, so I never really saw the point of doing that. Afterwards, I always ask how big is their storage capacity, and the answer is always the same: 16 GB. It might be ideal for […]

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Household Net Worth Tumbles in Q3

December 26, 2014 0 Comments
Household Net Worth Tumbles in Q3

US household net worth takes a dive for the first time in 11 financial quarters, after years and years of centrally induced banking viagra, also known as Quantitative Easing. Getting into the boring details  in simple terms, in Q3 households household debt outpaced assets. That is generally how net worth falls.  But why exactly did net […]

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The Interview… Aren’t You Glad They Brought This Back To The Big Screen?

December 25, 2014 0 Comments
The Interview… Aren’t You Glad They Brought This Back To The Big Screen?

And people were glad that they brought this back to the big screen. Apparently, seeing a movie is the new march for Freedom. And as expected, the film received generally good reviews, not from professional film critics, but average viewers. The International Movie Database gives ‘The Interview’ an 8.9/10 among users, while the more serious and […]

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GDP Surges Due To Increased Health Care Expenditures

December 23, 2014 0 Comments
GDP Surges Due To Increased Health Care Expenditures

Out of the blue real gross domestic product, which was originally posted at 3.5 back in October, has managed to grow to 5% in December. This is the largest the economy has grown since 2003, and we all know how terrific those years were, right? This also managed to beat mainstream economist estimates of 4.7%, […]

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Foreigners Dump The Most US Stocks Since 2007

December 22, 2014 0 Comments
Foreigners Dump The Most US Stocks Since 2007

The treasury may not keep much ‘treasure’ at its facilities, but it does keep a ton of good data. Aside from its bond auction results and the TARP information it collects regularly, we have the Treasury International Capital report, which tracks cross-boarder portfolio investment flows of US and Foreign residents (which also includes jufirms, government agencies, corporations, […]

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Rite Aid Prospects For 2015

December 21, 2014 0 Comments
Rite Aid Prospects For 2015

It’s no secret that I’m bullish on Rite Aid. I’ve mentioned as much in earlier blog post. Despite the fact that Rite Aid refused to support technology that I like and wants to prevent me from using Apple Pay, the company is a very smart investment (in terms of growth, anyway). In mid-2013, the stock was […]

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Sony Cancels ‘The Interview’ Release. Buying Opportunity?

December 18, 2014 0 Comments
Sony Cancels ‘The Interview’ Release. Buying Opportunity?

‘The Interview,’ starring Seth Rogan and James Franco, was scheduled for a big premier release on Christmas, and was a highly anticipated film to see this holiday weekend. Now it appears people will just have to settle for watching ‘Unbroken’ instead, as five major theater chains, including the Canadian firm Cineplex, have dropped plans to […]

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