Archive for February, 2015

Greenspan: “Demand As Weak As During The Depression”

February 26, 2015 0 Comments
Greenspan: “Demand As Weak As During The Depression”

This is interesting news, as we approach tomorrow third GDP revision for the Q4. Personal consumption expenditures increased greater than expected, as it was originally predicted that the boost from the gasoline tax cut would boost PCE in Q1 2015. Despite gains in consumer spending, the economy fails to make significant gains in GDP. Fed […]

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Yellen Isn’t Raising Rates Anytime Soon, As Expected…

February 26, 2015 0 Comments
Yellen Isn’t Raising Rates Anytime Soon, As Expected…

This is a pity, because I was hoping that she would have surprised me for once. Too bad predictability is a trait she shares with the former Fed Chairman, Ben Bernanke. Economist predict that the rapid amount of employment would surge wage growth and increase spending, just enough to increase incomes along with Gross Domestic […]

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Germany: No More Billions For Greedy Greeks

February 26, 2015 0 Comments
Germany: No More Billions For Greedy Greeks

Tsipras and Syriza has their mandate: to rid Greece of austerity measures, establish a haircut on Greek debt everything funded by the ECB. The Eurogroup also has their own mandate: make sure Eurozone taxpayers are made whole. So far the only side that has come out ahead in this standoff is the Eurogroup. While Greece […]

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Tsipras: Mission Accomplished…

February 21, 2015 0 Comments
Tsipras: Mission Accomplished…

At least, that is how I’m going to interpret it with his statement on Twitter. We took a decisive step leaving austerity, Memoranda & Troika behind-a decisive step to allow for change in #Eurozone pic.twitter.com/ojt2aVAZY5 — Alexis Tsipras (@tsipras_eu) February 21, 2015 But wait, there’s more. Alexis Tsipras goes on to say, “We won a […]

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Greece Debt Crisis Officially Averted. For Now…

February 20, 2015 3 Comments
Greece Debt Crisis Officially Averted. For Now…

There was a 50% chance that Greece was forced to leave the Euro. The chance of capitulation was so strong, that the ECB made preparations on the off chance that Greece and the EU wouldn’t reach a deal. It just so happens that the two sides finally agreed to come to terms on a deal to extend […]

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Why Are College Textbooks So Expensive?

February 20, 2015 0 Comments
Why Are College Textbooks So Expensive?

Aside from the fact that tuition cost seems to increase endlessly? However, it doesn’t make sense why there is a correlation between college tuition cost and the college textbooks students use. They’re heavy, bulky (too fat in the age of digital books), and they’re out of date as soon as you print them, which means […]

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What To Expect When You’re Expecting A Grexit

February 17, 2015 3 Comments
What To Expect When You’re Expecting A Grexit

One thing we didn’t expect from this ordeal was the bailout negotiations to be so short. Talks between Greece and eurozone officials was expected to go on well into the night. Instead, the talks ended in just a matter of hours (4 hours to be exact). EU officials offered Greece a 6 month extension on […]

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Retail Sales Plunge Again In January

February 12, 2015 0 Comments
Retail Sales Plunge Again In January

Last month, we’ve had a larger than expected plunge in retail sales for the month of December. This month, pretty much the same thing happened. Sales in January falling 0.8% while missing the consensus estimates of -0.4 is spurring a lot of questions whether or not the consumer spending is truly picking up in the […]

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‘The Loft:’ Movie Review

February 12, 2015 0 Comments
‘The Loft:’ Movie Review

This sounded like a pretty good idea for a film, especially if your a young male movie-goer who loves to fool around with the ladies. The film was scheduled to be released sometime around late 2011, but a theatrical release was delayed due to the film changing distributors. Moving from Warner Bros. to Universal Studios, […]

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What Rite Aid’s Acquisition of EnvisionRx Could Mean For The Stock

February 11, 2015 0 Comments
What Rite Aid’s Acquisition of EnvisionRx Could Mean For The Stock

Just the other day, I was discussing Rite Aid’s purchase of the pharmaceutical provider EnvisionRx for $2 billion: $1.8 billion in cash, $200,000 in Rite Aid stock. Not something I was expecting the company to do, considering that majority of their earnings was going towards repaying their debt. However, considering that it didn’t use any debt to […]

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