Home → Fisher Investments MarketMinder Headlines → 04-2007 Archives

Market Misperceptions
By , The Associated Press, 04/30/2007
MarketMinder's View: Another attack on the "profligate" and "tapped out" US consumer. Official US savings data is broken and useless. Ignore it.
Market Misperceptions
By , MSN Money, 04/30/2007
MarketMinder's View: Thank goodness for silly articles like this—pumping the market full of fear and creating a wall of worry for stocks to climb!
Sensible Stories
By , Kiplinger, 04/30/2007
MarketMinder's View: Forget the gender biases. The point is that flipping stocks in your portfolio and taking a short term mindset can hurt you more often than help.
Sensible Stories
By , Marketwatch, 04/30/2007
MarketMinder's View: Despite the doom and gloom over residential construction, total construction spending continues to grow.
Market Misperceptions
By , Wall Street Journal , 04/30/2007
MarketMinder's View: Investment professionals have been touting big cap growth stocks for well over a year now, only to be proven wrong.
Sensible Stories
By , National Review, 04/30/2007
MarketMinder's View: As the debate over protectionism rages on, we stand firmly on the side of free market trade.
Sensible Stories
By , The Herald Sun, 04/30/2007
MarketMinder's View: A great example of financial innovation increasing the ability to own a home
Market Misperceptions
By , The Wall Street Journal , 04/30/2007
MarketMinder's View: We have a feeling there will be lots of articles like this one as markets hit new highs. Fear not – when we begin to see these headlines replaced with "Dow 20,000" headlines, then it's time to consider turning bearish.
Sensible Stories
By , TCS Daily, 04/30/2007
MarketMinder's View: Two examples of the imprecision of many statistical studies and governmental data.
Market Misperceptions
By , Wall Street Journal , 04/30/2007
MarketMinder's View: Increasing leverage does not in itself tell you anything about where the market is headed.
Sensible Stories
By , the Economist, 04/30/2007
MarketMinder's View: Eurozone economic growth has been buoyed by further expansion in Eastern Europe.
Sensible Stories
By , Fortune, 04/30/2007
MarketMinder's View: A nice summary of the shift in sentiment over the past six years as it relates to business and government.
Sensible Stories
By , Fox News, 04/30/2007
MarketMinder's View: Rulings such as these make foreign intellectual property rights laws more critical than ever.
Sensible Stories
By , 04/30/2007
MarketMinder's View: Greed may be good, but we think fear is better, at least for the stock market.
Sensible Stories
By , Bloomberg, 04/30/2007
MarketMinder's View: The M&A boom continues at a record pace.
Sensible Stories
By , Briefing.com, 04/27/2007
MarketMinder's View: The market's "recent recovery" efforts have been short lived? We didn't realize a 54 month bull market was short.
Sensible Stories
By , The Wall Street Journal , 04/27/2007
MarketMinder's View: We're not popping the champagne just yet, but there's a glimmer of hope that France can claw her way out of socialism.
Sensible Stories
By , The Financial Times, 04/27/2007
MarketMinder's View: The market is telling us there is less risk than the media would have you believe. "There are also benefits from dispersing credit risk across the economy: it makes banks less vulnerable for a start, and makes borrowing cheaper for millions of companies and households." That's a very good thing.
Sensible Stories
By , Kiplinger, 04/27/2007
MarketMinder's View: We would add the importance of asset allocation and understanding your time horizon as well.
Sensible Stories
By , USA Today, 04/27/2007
MarketMinder's View: Companies outpace expectations—a good thing for stocks.
Sensible Stories
By , The Associated Press, 04/27/2007
MarketMinder's View: The first-quarter GDP figure was the weakest since a 1.2 percent pace registered in the opening quarter of 2003." Hmm…and what happened then? The S&P 500 was up nearly 30%! Remember GDP data is backwards looking.
Market Misperceptions
By , Bloomberg, 04/27/2007
MarketMinder's View: The housing story is has given the principle of "widely known information is priced into markets" new meaning. Markets just don't move on these headlines anymore.
Sensible Stories
By , Guardian Unlimited, 04/27/2007
MarketMinder's View: An interesting commentary on the ban on internet gambling in America. The author suggests that the ban was not morality based, but instead aimed at limiting the outflow of untaxed dollars from the economy. Is this an example of unnecessary regulation that can't be enforced anyway?
Market Misperceptions
By , BusinessWeek, 04/27/2007
MarketMinder's View: It's interesting that in all the headlines about weaker economic growth that no one talks about how the weak dollar helps many domestic companies. A weak dollar increases the competitiveness of our exports while providing pricing power to domestic production given higher priced imports. It's even more interesting that nobody discusses the huge US Capital Account surplus.
Sensible Stories
By , the Economist, 04/27/2007
MarketMinder's View: A new Japanese prime minister means new relations with the U.S. Something to keep an eye on.
Sensible Stories
By , The Economist, 04/27/2007
MarketMinder's View: New accounts at brokers [in China] are being opened at a rate of more than 200,000 a day, touching a high of more than 310,000 on April 24th.
Market Misperceptions
By , The Independent, 04/27/2007
MarketMinder's View: Yep! Bull markets climb a wall of worry, and there's plenty of worry out there.
Sensible Stories
By , Marketwatch, 04/27/2007
MarketMinder's View: Adding a futures market for uranium should increase the uranium markets liquidity, efficiency, and allow for greater planning and risk control on the part of utilities and miners. See yesterday's commentary "Cellulose Between the Ears" for more.
Sensible Stories
By , The New York Times, 04/27/2007
MarketMinder's View: Pretty interesting statistic—the payout ratio of the S&P 500 is now 5.3%, higher than treasuries!
Sensible Stories
By , Bloomberg, 04/27/2007
MarketMinder's View: This author is forgetting that both the Reagan and Bush administrations implemented tax cuts, and both lead to higher revenues! A tax increase is in fact something to worry about.
Sensible Stories
By , The Wall Street Journal , 04/27/2007
MarketMinder's View: Congressional gridlock is bullish for markets. Despite regaining a majority in the House and Senate, Congress remains sufficiently split, all but disallowing any substantial to be passed this year.
Sensible Stories
By , Guardian Unlimited, 04/26/2007
MarketMinder's View: We're pleased Russia's anti-free market (anti-free press, anti-personal freedom in general) leader will step down, but fear his potential successor. This will be an election to watch.
Market Misperceptions
By , The Associated Press, 04/26/2007
MarketMinder's View: A veritable plethora of common cognitive investor misconceptions: fear of heights, poorly constructed benchmarks, insignificant price targets, to name a few.
Sensible Stories
By , Forbes, 04/26/2007
MarketMinder's View: "…misinterpretation is a perfect example of how bad things can happen to the economy and the U.S. stock markets when people ground their argument on faulty economic data and predict the economy is falling." Well said.
Sensible Stories
By , Bloomberg.com, 04/26/2007
MarketMinder's View: Perhaps sentiment is beginning to recognize reality in Europe.
Sensible Stories
By , Yahoo! News, 04/26/2007
MarketMinder's View: Tax receipts are up because people are earning more.
Market Misperceptions
By , CNN Money, 04/26/2007
MarketMinder's View: We would be upset about gas prices if energy stocks weren't booming and the economy wasn't surging in kind. Bringing on new supplies of oil and gasoline takes a very long time. Expect to see energy prices remain high this year.
Sensible Stories
By , The Wall Street Journal , 04/26/2007
MarketMinder's View: The stock market is driven by the supply and demand of securities, and multiple factors can influence both.
Sensible Stories
By , The Financial Times, 04/26/2007
MarketMinder's View: Are some finally awakening to the idea that high relative earnings yields are helping drive this bull market?
Sensible Stories
By , TCS Daily, 04/26/2007
MarketMinder's View: If we cannot find common terms for soda/coke/pop, how can we expect to have a uniform understanding of "risk?" An interesting look at how language separates and defines us.
Market Misperceptions
By , The Washington Post, 04/26/2007
MarketMinder's View: This sends shivers down the spine. Globalized unions . . . standing united to promote high unemployment, low productivity, and tanking profits across the globe.
Sensible Stories
By , The Financial Times, 04/26/2007
MarketMinder's View: Exactly.
Sensible Stories
By , The Associated Press via The Washington Post, 04/26/2007
MarketMinder's View: The Fed's economic data is the best in the land, and worth paying attention to. Just keep in mind it's backward-looking, and doesn't say anything about future growth.
Market Misperceptions
By , Wall Street Journal , 04/26/2007
MarketMinder's View: A meaningless milestone for a broken index.
Market Misperceptions
By , Morningstar.com, 04/25/2007
MarketMinder's View: And if prices remain flat for the next few months, they will "fall" even more. Don't be fooled—this is simply a function of year-over-year comparables—a primer in how to lie with statistics.
Sensible Stories
By , US News and World Report, 04/25/2007
MarketMinder's View: No matter how you "creative" you are, it still comes down to hard work.
Sensible Stories
By , The Economist, 04/25/2007
MarketMinder's View: A great example of consumer innovation driving industry growth.
Sensible Stories
By , BusinessWeek, 04/25/2007
MarketMinder's View: Open trade and a common regulatory framework should be good for the economy and the market.
Market Misperceptions
By , The New York Times, 04/25/2007
MarketMinder's View: Alarmist nonsense. As the prime beneficiary of low unemployment, lower tax rates, and increased tax revenues, "squeezing the middle class" stories are wrong-headed and simply prey on emotions.
Market Misperceptions
By , Kiplinger, 04/25/2007
MarketMinder's View: Many shaky assumptions on the validity of global warming, and no mention of developing economies such as China whose carbon emissions and smog issues are much more severe than America's.
Sensible Stories
By , RealClearPolitics, 04/25/2007
MarketMinder's View: Why technology and a free market are the best protectors of our planet.
Market Misperceptions
By , Bloomberg.com, 04/25/2007
MarketMinder's View: It's true that the Chinese economy bears watching, but keep in mind it represents a very small portion of global markets and GDP.
Sensible Stories
By , Kudlows Money Politics, 04/25/2007
MarketMinder's View: A great example of the benefits derived from free trade.
Sensible Stories
By , Bloomberg.com, 04/25/2007
MarketMinder's View: And the good news keeps rolling in . . .
Sensible Stories
By , The Economist, 04/25/2007
MarketMinder's View: More reasons to be overweight Japan—capital spending, low unemployment, and drivers for consumer spending.
Sensible Stories
By , Bloomberg.com, 04/25/2007
MarketMinder's View: If people can continue to snap up apartments featuring elevators that lift cars to the apartment owner's floor, is the economy really all that bad off?
Market Misperceptions
By , NewsVine.com, 04/25/2007
MarketMinder's View: Hooray! A poorly constructed, purely nostalgic market indicator just reached an arbitrary milestone!
Market Misperceptions
By , Morningstar.com, 04/25/2007
MarketMinder's View: Perhaps the headline writer missed the first sentence in this article " . . . the overall delinquency rate fell in 2006.
Sensible Stories
By , MSNBC.com, 04/25/2007
MarketMinder's View: Another positive surprise!
Sensible Stories
By , Investor’s Business Daily, 04/24/2007
MarketMinder's View: Wade through the stats to see two main points. 1. Without any further political meddling, the problem is starting to fix itself. We earned an extra year without trying! 2. If we must have government intervention, the total cost is actually quite small.
Market Misperceptions
By , The American Prospect, 04/24/2007
MarketMinder's View: Our ridiculous item of the week. A shockingly data-mined, anti-free market plea for socialism. Read at your peril.
Sensible Stories
By , American.com, 04/24/2007
MarketMinder's View: Because regulation doesn't allow price competition. Here's a wonderful proposal on how to make mutual funds cheaper for consumers—let the market decide.
Sensible Stories
By , The Wall Street Journal , 04/24/2007
MarketMinder's View: The buyout boom will benefit not only those companies in deals but also those which could potentially be in deals.
Sensible Stories
By , Forbes.com, 04/24/2007
MarketMinder's View: Stocks are cheap. European stocks are more so. Load up.
Market Misperceptions
By , USA Today, 04/24/2007
MarketMinder's View: It was the biggest one-month drop since January 1989 . . ." right before a decade of dismal market returns and sluggish GDP growth. Oh wait. That's not what happened. Relax. Take these charts back further than a year to see home sales are still near historical highs.
Sensible Stories
By , Kudlows Money Politics, 04/24/2007
MarketMinder's View: Some brief thoughts on capitalism from one of the most prolific economists of the twentieth century.
Market Misperceptions
By , Kiplinger, 04/24/2007
MarketMinder's View: The consensus is for "modest" growth in the economy. This sets the stage for a positive surprise to drive the market.
Market Misperceptions
By , USA Today, 04/24/2007
MarketMinder's View: We're going to need your resume, your references, and your BMI . . .
Market Misperceptions
By , Chicago Tribune, 04/24/2007
MarketMinder's View: See it this way: Greater household wealth allowed individuals to afford more leverage. Good, not bad.
Sensible Stories
By , The Wall Street Journal , 04/24/2007
MarketMinder's View: The message is clear when it comes to free trade deals: If the US doesn't make them with developing countries, somebody else will.
Market Misperceptions
By , Morningstar.com, 04/24/2007
MarketMinder's View: Gasoline prices are affecting the mood of consumers. If only they were paying attention to their stock portfolios.
Sensible Stories
By , Kiplinger, 04/24/2007
MarketMinder's View: We can't agree with everything here, but the main point is there's lots of underappreciated or ignored positive information. Hang on—we think there's more to come for this bull market.
Sensible Stories
By , The Wall Street Journal , 04/23/2007
MarketMinder's View: Diversifying globally is something we've been touting for years as the US only represents half of the global stock market.
Sensible Stories
By , Bloomberg.com, 04/23/2007
MarketMinder's View: Some excellent points on why the recent sell-off in China was overdone. The Chinese economy still has room to grow, even in the face of higher interest rates.
Sensible Stories
By , Morningstar.com, 04/23/2007
MarketMinder's View: The Fed is happy, we are happy, and sustainable economic expansion is under way. Let's go buy some stocks.
Market Misperceptions
By , CNN-Money.com, 04/23/2007
MarketMinder's View: Simply amazing. As if there's not enough bad press around emissions from fuels, now coal-to-liquids are being associated with Hitler. Such vigilantism makes it highly unlikely the US will be able to rely on its vast resources of coal—meaning even more reliance on foreign oil.
Market Misperceptions
By , NewsVine.com, 04/23/2007
MarketMinder's View: New records (remember to ignore the Dow) + continued pessimism = good conditions for the market.
Sensible Stories
By , Reuters, 04/23/2007
MarketMinder's View: New financial instruments and innovation continue to spur growth, even in mergers and acquisitions.
Sensible Stories
By , The New York Times, 04/23/2007
MarketMinder's View: A great article about American innovation and the old adage, "Buy low, sell high.
Sensible Stories
By , Forbes, 04/23/2007
MarketMinder's View: A rational look at today's healthy economy and its risks.
Sensible Stories
By , Bloomberg.com, 04/23/2007
MarketMinder's View: It's hard to ignore the positive momentum that Europe is gaining. On a global scale, economic growth is still robust.
Sensible Stories
By , Chicago Tribune, 04/23/2007
MarketMinder's View: An interesting look back at the good and bad of a man that helped bring democracy and capitalism to Russia.
Market Misperceptions
By , CNN-Money.com, 04/23/2007
MarketMinder's View: Oh no! But wait . . . average prices are lower than this time last year. Though two-thirds of Americans say gas prices are causing hardship for their families, consumer spending continues to be strong. Something's not jibing here. Don't fret over gas prices, folks.
Sensible Stories
By , Kudlow’s Money Politics, 04/23/2007
MarketMinder's View: Brief and very straight forward commentary on current strength in the stock market.
Sensible Stories
By , The New York Times, 04/23/2007
MarketMinder's View: What does it say about economic academia that they cannot recognize obvious satire?
Market Misperceptions
By , Morningstar.com, 04/23/2007
MarketMinder's View: Pay should be set by the market, not shareholders and definitely not the government. Luckily, this bill is non-binding (more third-year do-nothing tomfoolery!).
Sensible Stories
By , BusinessWeek, 04/23/2007
MarketMinder's View: Exactly.
Sensible Stories
By , TCS Daily, 04/23/2007
MarketMinder's View: Great commentary on a way to make health care more affordable—focus on making consumers more accountable.
Market Misperceptions
By , 04/20/2007
MarketMinder's View: An alternate headline could be: leading indicators continue to advance on top of an already strong economy, job markets are strong, and we're still far from recessionary levels. Pick your favorite.
Sensible Stories
By , 04/20/2007
MarketMinder's View: Strong M&A activity is starting to sound like a broken record…but it's a good tune.
Market Misperceptions
By , Boston Globe, 04/20/2007
MarketMinder's View: We're glad to keep hearing about tainted pet food because it means that there just isn't a lot of negative news that could move markets out there to report.
Sensible Stories
By , The Wall Street Journal, 04/20/2007
MarketMinder's View: You might think twice about China after this one. It's vital to make a distinction between the Chinese economy and its stock markets.
Market Misperceptions
By , Business Week, 04/20/2007
MarketMinder's View: Regret shunning is still alive and well as the former Qwest CEO was convicted of 19 counts related to insider trading. Each count carries the potential of 10 years in prison, meaning he might not be released until he is 247 years old.
Sensible Stories
By , 04/20/2007
MarketMinder's View: There is a lot of money out there looking for a home. The relatively low valuations of stocks make them the most likely candidate.
Sensible Stories
By , 04/20/2007
MarketMinder's View: The same goes for when there's bad news that isn't. Investors must realize markets are efficient and able to quickly discount widely known information. "Odds are high that the price of the stock will already reflect whatever information is contained in the cover story.
Sensible Stories
By , Wall Street Journal, 04/20/2007
MarketMinder's View: If Merrill Lynch, Goldman Sachs and the German stock exchange are launching new indexes which track companies catering to luxury spending, the economy can't be too bad off.
Sensible Stories
By , Morningstar.com, 04/19/2007
MarketMinder's View: Phew. The market will figure it out.
Sensible Stories
By , Wall Street Journal , 04/19/2007
MarketMinder's View: Markets are setting new highs (globally, by the way), yet sentiment remains guarded. Very bullish. (By the way, you should generally ignore the Dow.)
Sensible Stories
By , Foxnews.com, 04/19/2007
MarketMinder's View: If the main focus of the day is the firing of 8 political appointees, it's a good sign Congress has thrown in the towel at making any significant legislative changes. Lowered political risk aversion is bullish.
Market Misperceptions
By , Morningstar.com, 04/19/2007
MarketMinder's View: No no no no no!
Sensible Stories
By , Bloomberg, 04/19/2007
MarketMinder's View: Emerging market growth continues to exceed expectations. China's economy is still going strong and will help fuel global growth.
Market Misperceptions
By , USA Today, 04/19/2007
MarketMinder's View: Right, this is clearly the best way to view investing. Maybe we should fire up our handy time machine, go back in time, and buy all these stocks.
Market Misperceptions
By , Morningstar.com, 04/19/2007
MarketMinder's View: Didn't we talk about this in February? Nothing is unwinding.
Market Misperceptions
By , Wall Street Journal , 04/19/2007
MarketMinder's View: Wow. Allow us to paraphrase, "Americans! You are dumb! Let's have the government swoop in to undummify you!" No thanks.
Sensible Stories
By , Wall Street Journal , 04/19/2007
MarketMinder's View: Political bias is your nemesis in investing. Don't be blinded by partisanship—the economy is doing great under President Bush.
Market Misperceptions
By , Bloomberg, 04/19/2007
MarketMinder's View: Wrong. Ample liquidity is still available to consumers. A decline in home equity withdrawals will have little impact.
Sensible Stories
By , Forbes.com, 04/19/2007
MarketMinder's View: Well said: "More regulation will only stifle innovation and increase the compliance costs incurred by hedge funds, reducing their return on their investments and harming the same investors these regulations are supposedly meant to protect."
Sensible Stories
By , Financial Post, 04/19/2007
MarketMinder's View: Besides being really cool, a tunnel under the Bering Strait would open a new pathway for international trade.
Sensible Stories
By , New York Times, 04/19/2007
MarketMinder's View: Cheap labor? Favorable tax rates? Outsourcing will grow wherever companies can produce more for less.
Market Misperceptions
By , Motley Fool, 04/19/2007
MarketMinder's View: If beating the market were as easy as simply buying stocks paying a consistent dividend, wouldn't more people have figured that out by now?
Sensible Stories
By , RealClearPolitics, 04/18/2007
MarketMinder's View: Is a flat tax a good idea? "Estonians need an average 10 to 15 minutes to file their income taxes . . . economy is growing more than 11 percent a year . . . twelve years ago, foreign investment made up only 5 percent of GDP, but today, it's up to 20 percent.
Sensible Stories
By , KudlowsMoneyPolitics, 04/18/2007
MarketMinder's View: Right on the money. Supply-side economics at its finest.
Sensible Stories
By , TCS Daily, 04/18/2007
MarketMinder's View: Faulty decision making causes errors in medicine, lending, security—and investing. Always question what you know.
Sensible Stories
By , The Economist, 04/18/2007
MarketMinder's View: An interesting look at Russia's role in global energy.
Market Misperceptions
By , Morningstar.com, 04/18/2007
MarketMinder's View: Totally backwards looking. Stocks are not serially correlated.
Sensible Stories
By , BusinessWeek, 04/18/2007
MarketMinder's View: Inflation stayed contained in March despite the rise in gas prices. More positive surprises.
Market Misperceptions
By , Morningstar.com, 04/18/2007
MarketMinder's View: YIKES! Oh wait . . . "it's important to note that U.S. foreclosure activity overall is not far above historical norms."
Market Misperceptions
By , 04/18/2007
MarketMinder's View: Our ridiculous story of the week. Why not tax people with red hair less? Or those whose last names begin with N through Z?
Market Misperceptions
By , New York Times, 04/18/2007
MarketMinder's View: The Dow should always be ignored. It's broken and doesn't tell you anything.
Sensible Stories
By , Bloomberg , 04/18/2007
MarketMinder's View: People who were in diapers in the 1970s glibly talk about stagflation as if it were the coexistence of 2.5 percent real growth and 2.5 percent inflation. It's not." Well said.
Market Misperceptions
By , New York Times, 04/18/2007
MarketMinder's View: Did the person who wrote that headline not read this article? China might be exporting goods to other countries, but it is still very much dependent on U.S. demand.
Sensible Stories
By , RealClearPolitics, 04/18/2007
MarketMinder's View: No.
Sensible Stories
By , BusinessWeek, 04/18/2007
MarketMinder's View: Freer trade is a market positive.
Market Misperceptions
By , Morningstar.com, 04/18/2007
MarketMinder's View: . . . and apparently, only 5% of fund managers think global equities are undervalued. Perhaps this type of thinking is one reason funds can't beat the market.
Sensible Stories
By , Forbes, 04/18/2007
MarketMinder's View: Yep—government data is flawed.
Sensible Stories
By , New York Times, 04/17/2007
MarketMinder's View: One psychological explanation for why we make certain decisions in life, investing, and pop music.
Sensible Stories
By , Bloomberg, 04/17/2007
MarketMinder's View: Some good news surprising the doom-and-gloomers.
Market Misperceptions
By , San Francisco Chronicle, 04/17/2007
MarketMinder's View: First, most homeowners receiving default notices don't foreclose, and go on to live productive, home-owning lives. Second, defaults haven't been this high since 1997 . . . so? It didn't hurt the market or the economy then, won't hurt it now.
Sensible Stories
By , The Financial Times, 04/17/2007
MarketMinder's View: The expansion of the financial instruments such as these is a beautiful thing for capital markets. See our commentary "Spread the Risk; Spread the Love" from March.
Market Misperceptions
By , The Telegraph, 04/17/2007
MarketMinder's View: What, no windfall profits tax on this evil supermarket?
Sensible Stories
By , New York Times, 04/17/2007
MarketMinder's View: An interesting story on the convergence of psychology, sociology, and innovation, and why the French are so darned good at making high speed trains. (Hint . . . it's called socialism.)
Market Misperceptions
By , USA Today, 04/17/2007
MarketMinder's View: Our ridiculous headline of the week. Somebody alert PETA!
Sensible Stories
By , Chicago Tribune, 04/17/2007
MarketMinder's View: Hmm. Folks blame our weak dollar on our "big" trade deficit. Yet, the UK has a nearly identical relative-sized trade deficit, but the British Pound continues to strengthen.
Sensible Stories
By , CNNMoney.com, 04/17/2007
MarketMinder's View: Wait a minute . . . this hardly looks like a bubble.
Market Misperceptions
By , New York Times, 04/17/2007
MarketMinder's View: Yawn. Are we still complaining that the "ultra rich" don't pay enough taxes? See yesterday's market commentary "Soak the Rich.
Market Misperceptions
By , The New Zealand Herald, 04/17/2007
MarketMinder's View: Any attempt to control capitalism is an attempt to control the freedom of the individual to pursue his or her own interests.
Sensible Stories
By , TCS Daily, 04/17/2007
MarketMinder's View: The problem is regulation itself." Well said. An exhaustive look into the one of the major drawbacks of mutual funds.
Market Misperceptions
By , InsideHigherEd.com, 04/17/2007
MarketMinder's View: Student loan scandals won't sink the market. Really, they won't.
Sensible Stories
By , Wall Street Journal , 04/17/2007
MarketMinder's View: No matter how you slice it, lower corporate tax rates are good for companies and good for the stock market. Interestingly, foreign stocks have been beating domestic for many years . . .
Sensible Stories
By , Washington Post, 04/17/2007
MarketMinder's View: A great example of what we've been telling CEOs this year: "Get your stock price up or someone else will do it for you."
Sensible Stories
By , TCS Daily, 04/17/2007
MarketMinder's View: We're mystified why the U.S. government doesn't want to attract the best and brightest to come work for American firms.
Market Misperceptions
By , National Review, 04/16/2007
MarketMinder's View: Inflation rhetoric have you fearing another rate increase? It's possible, but that would still have a minimal impact on economic growth.
Sensible Stories
By , The Wall Street Journal , 04/16/2007
MarketMinder's View: Yet another major acquisition is announced. The takeover boom continues.
Sensible Stories
By , Bloomberg.com, 04/16/2007
MarketMinder's View: Sharp commentary on the subprime market and all of the so called "victims" of its slowdown.
Market Misperceptions
By , The Economist, 04/16/2007
MarketMinder's View: We think it's safe to say global productivity is improving quite significantly.
Market Misperceptions
By , Bloomberg.com, 04/16/2007
MarketMinder's View: Hmmm . . . seems like Mr. Greenspan has had a change of heart. Fortunately, we didn't listen to him the first time around.
Sensible Stories
By , Bloomberg.com, 04/16/2007
MarketMinder's View: Positive news out of the world's second largest economy.
Market Misperceptions
By , The Wall Street Journal , 04/16/2007
MarketMinder's View: Of course, some investors are concerned and think the market would have been better off if it had slipped further." Huh? The market simply regained momentum after people realized the drop was purely psychological and focused on positive fundamentals.
Sensible Stories
By , Dow Jones, 04/16/2007
MarketMinder's View: We're on board with the G7—"The global economy is having its strongest sustained expansion in more than 30 years and is becoming more balanced.
Sensible Stories
By , RealClearPolitics, 04/16/2007
MarketMinder's View: Yes!
Market Misperceptions
By , SmartMoney.com, 04/16/2007
MarketMinder's View: Fundamentals remain strong and global growth very real.
Sensible Stories
By , Kiplinger, 04/16/2007
MarketMinder's View: Letting firms invest their money where they want is good for markets.
Sensible Stories
By , Forbes.com, 04/16/2007
MarketMinder's View: Well said.
Sensible Stories
By , Kiplinger, 04/16/2007
MarketMinder's View: Productivity increases have led to more job losses in the US than outsourcing—and both are good for the economy.
Sensible Stories
By , Bloomberg, 04/16/2007
MarketMinder's View: Concerns about the consumer's staying power have been greatly exaggerated." We agree.
Sensible Stories
By , Bloomberg, 04/13/2007
MarketMinder's View: The notion that inflation is high is absolutely ludicrous. Average annual inflation in the US since 1914 is somewhere in the 3.4% range, which we are currently a full percentage point below.
Sensible Stories
By , Kiplinger, 04/13/2007
MarketMinder's View: At its current rate of growth, China will be the world's leading auto maker by 2011, providing even more competition in an already cutthroat market.
Market Misperceptions
By , Barron’s Online, 04/13/2007
MarketMinder's View: Watch out! The market is rising but volume is declining! Hogwash. Expected volume is impossible to forecast and it tells you virtually nothing about where the stock market is headed.
Sensible Stories
By , Bloomberg, 04/13/2007
MarketMinder's View: Don't let the headline misguide you. This article discusses how the trade deficit is in fact sustainable. Claims that foreigners will stop buying treasuries are simply unfounded.
Sensible Stories
By , Morningstar, 04/13/2007
MarketMinder's View: It is what it is. There is no statistical support either way.
Sensible Stories
By , Morningstar, 04/13/2007
MarketMinder's View: Free trade at its finest.
Market Misperceptions
By , The Wall Street Journal , 04/13/2007
MarketMinder's View: Maybe the reason capital spending is softer this year is because companies are using record levels of cash to buy other companies. When you can automatically increase EPS by buying another company or your own stock, wouldn't that be the best immediate use of money?
Sensible Stories
By , Morningstar, 04/13/2007
MarketMinder's View: The cost of gasoline consumption equates to less than 4% of the total average household budget.
Sensible Stories
By , 04/13/2007
MarketMinder's View: We're seeing a lot of deals out there. Today is a great time to be invested.
Sensible Stories
By , Bloomberg, 04/13/2007
MarketMinder's View: It's good to see that protectionism is being recognized more and more as a serious threat.
Market Misperceptions
By , Guardian Unlimited, 04/13/2007
MarketMinder's View: In other words, 83% of shareholders voted to give the guy compensation the board negotiated with him. How is this news?
Market Misperceptions
By , Morningstar, 04/13/2007
MarketMinder's View: From our "how to lie with statistics" files. Simply ignore a few vital components of wealth…and voila! You've got a new fear!
Sensible Stories
By , The Wall Street Journal , 04/13/2007
MarketMinder's View: The title says it all, but investors so focused on the US should notice that the MSCI EAFE and MSCI Emerging markets are hitting their all time highs.
Sensible Stories
By , Wall Street Journal , 04/12/2007
MarketMinder's View: Here's a story you'll find buried in the back of your newspaper, if at all.
Sensible Stories
By , Forbes, 04/12/2007
MarketMinder's View: Free market solutions to some of today's problems, from a renowned Capitalist.
Sensible Stories
By , New York Times, 04/12/2007
MarketMinder's View: We agree with Bernanke—less regulation is a good thing
Market Misperceptions
By , Kiplinger’s, 04/12/2007
MarketMinder's View: Just silly.
Market Misperceptions
By , Morningstar.com, 04/12/2007
MarketMinder's View: The title of this article should be: Energy costs rise in March. After stripping out volatile energy prices, prices rose a modest 0.2% last month.
Sensible Stories
By , Bloomberg.com, 04/12/2007
MarketMinder's View: It seems positive news is around every corner, even though almost every news article we read foretells doom. This bull market still has a wall of worry to climb.
Sensible Stories
By , TCS Daily, 04/12/2007
MarketMinder's View: More evidence why investors must always questions what they know—particularly if everyone agrees with them.
Sensible Stories
By , Bloomberg.com, 04/12/2007
MarketMinder's View: Low taxes are a driving force behind this economy. We'll be watching for potentially hazardous hikes that could damage this spectacular bull run.
Market Misperceptions
By , BusinessWeek, 04/12/2007
MarketMinder's View: Because people believe what the media tells them to believe. This article has it backwards.
Sensible Stories
By , TCS Daily, 04/12/2007
MarketMinder's View: Laser sharp commentary on the absurd state of trade with Latin America—"We will continue to penalize you because we think Latin Americans should have labor standards that almost no one wants enforced in the U.S.!
Market Misperceptions
By , Wall Street Journal , 04/12/2007
MarketMinder's View: Talk about meaningless statistics! Not only is the Dow a terribly constructed price-weighted index which should be ignored, but consecutive streaks up or down tell you nothing about what's going to occur ahead.
Sensible Stories
By , Reuters, 04/12/2007
MarketMinder's View: Fewer worldwide trade restrictions would be positive for markets, but a breakthrough still seems a long way off.
Market Misperceptions
By , Washington Post, 04/12/2007
MarketMinder's View: Why is this newsworthy? Isn't 4.4% unemployment more compelling? Apparently not.
Sensible Stories
By , Morningstar.com, 04/12/2007
MarketMinder's View: More M&A is a good thing. If multibillion dollar banks think that stocks are undervalued, so should you.
Sensible Stories
By , The Financial Times, 04/11/2007
MarketMinder's View: M&A activity and the expansion of derivatives markets, both great things! See our past commentary "Spread the Risk; Spread the Love" from March 14th.
Sensible Stories
By , The Herald Sun, 04/11/2007
MarketMinder's View: M&A knows no borders.
Sensible Stories
By , The Boston Globe, 04/11/2007
MarketMinder's View: The number of centenarians is expected to rise from 80,000 to 580,000 by 2040. Expect to see increased need for money management and many more knit scarves as birthday presents.
Market Misperceptions
By , Marketwatch, 04/11/2007
MarketMinder's View: This is capitalism at work, re-shuffling labor and capital to its most efficient use. A tough situation for the individual that gets laid off, but a good thing for the economy in the long run.
Market Misperceptions
By , MarketWatch, 04/11/2007
MarketMinder's View: Keep in mind, realtors are forecasting falling prices. We're curious, as a group, what kind of forecasting track record do realtors have?
Sensible Stories
By , Investor’s Business Daily, 04/11/2007
MarketMinder's View: Governmental intervention carried to loony extremes! We aren't in danger from "global warming," we're in danger from unhinged politicians.
Sensible Stories
By , RealClearPolitics, 04/11/2007
MarketMinder's View: Why employers should decide when to hire and fire, not the government and particularly not the press. Unemployment is at 4.4%. Everyone relax.
Market Misperceptions
By , 04/11/2007
MarketMinder's View: Our ridiculous story of the week…
Dueling Headlines
By , Bloomberg News, 04/11/2007
MarketMinder's View:
Sensible Stories
By , The Wall Street Journal , 04/11/2007
MarketMinder's View: Yet another potential stock exchange merger. Fantastic!
Sensible Stories
By , The Financial Times, 04/11/2007
MarketMinder's View: What are they you ask? 1. Reduce Spending Growth. 2. Lower Tax Rates. 3. Regulatory Reform. 4. Sound monetary policy.
Sensible Stories
By , The Financial Times, 04/11/2007
MarketMinder's View: Don't be scared of heights, this is a bullish sign!
Market Misperceptions
By , CNNMoney, 04/11/2007
MarketMinder's View: Dour sentiment about the US economy remains popular despite all the positive data. A great time to be bullish.
Sensible Stories
By , Bloomberg, 04/11/2007
MarketMinder's View: A path both nations will benefit from…
Market Misperceptions
By , The Wall Street Journal , 04/11/2007
MarketMinder's View: The main problem with lifecycle funds is they're often way too conservative as they near the target date. Most people will live 20+ years after retirement, a time horizon long enough to hold a much higher percentage in equities.
Sensible Stories
By , Investor’s Business Daily, 04/11/2007
MarketMinder's View: After removing the politics of it, there is a strong demand for skilled workers globally. This is a good sign that the economic growth is continuing…this is a good thing for the markets.
Sensible Stories
By , The Wall Street Journal , 04/11/2007
MarketMinder's View: The deregulation of the EU's power sector by July 1st of this year has spurred merger mania. Just how it will eventually affect consumers – and how regulators respond – is yet to be seen.
Sensible Stories
By , RealClearPolitics, 04/11/2007
MarketMinder's View: Some enlightening facts about U.S. income taxes. Those with incomes over $100,000 paid 82 percent of the total income tax.
Sensible Stories
By , 04/11/2007
MarketMinder's View: No way!
Market Misperceptions
By , The New Zealand Herald, 04/11/2007
MarketMinder's View: It's good to see this erroneous story so widely priced into markets worldwide.
Sensible Stories
By , Forbes, 04/10/2007
MarketMinder's View: It's important to know if your advisor has a fiduciary responsibility or not.
Sensible Stories
By , Bloomberg, 04/10/2007
MarketMinder's View: So, far we've been impressed with Bernanke's tenure. Inflation is low, unemployment is low, and we're in an extended period of economic prosperity.
Market Misperceptions
By , Wall Street Journal , 04/10/2007
MarketMinder's View: We don't even know what this means: "If investors' worries about financial firms came true, there would be plenty more to worry about." Current worries about financial firms are not only priced in, they're likely way overblown.
Sensible Stories
By , The Wall Street Journal , 04/10/2007
MarketMinder's View: Private equity firms have the ability to raise even more money from their limited partners, separate from their original fund investments. Yet another reason why the M&A boom has further to run.
Sensible Stories
By , MSN Money, 04/10/2007
MarketMinder's View: Required reading for today's investors. Brokers may sell you what's best for them, not for you.
Sensible Stories
By , KudlowsMoneyPolitics.Blogspot.com, 04/10/2007
MarketMinder's View: Unfathomable but true. We agree that comparing the two economies is difficult as they both possess their advantages and shortfalls. The key point here is that the U.S. has undergone two extraordinary expansions over the last fifteen years—doesn't matter which political party is in the White House.
Sensible Stories
By , Kiplinger, 04/10/2007
MarketMinder's View: We tend to hear a lot about US consumers spending with no regard to their budget. Actually, tightwads outnumber spendthrifts. What the economy really needs is fewer cheapskates!
Sensible Stories
By , The Financial Times, 04/10/2007
MarketMinder's View: M&A activity is destroying supply and driving share prices up worldwide.
Market Misperceptions
By , The Guardian, 04/10/2007
MarketMinder's View: Um . . . hate to disappoint the haters, but the US and UK are way more similar than most folks fathom. The "housing bubble" is no more a crisis there than it is here.
Sensible Stories
By , Associated Press, 04/10/2007
MarketMinder's View: Iran's continued defiance of the UN's demands to suspend nuclear enrichment will help keep geopolitical tensions high this year, along with energy prices.
Sensible Stories
By , The Adam Smith Institute, 04/10/2007
MarketMinder's View: Protecting" American farmers just hurts American consumers and poor farmers in the developing world. If the developed world really wanted to help the 3rd world, they'd cut all farm subsidies and allow free markets to decide the best allocation of resources.
Sensible Stories
By , The Financial Times, 04/10/2007
MarketMinder's View: A smart article refuting many of the perma-bears' major gripes.
Sensible Stories
By , The Daily Telegraph, 04/10/2007
MarketMinder's View: Closer ties with the developed world is a good thing for developing countries.
Sensible Stories
By , RealClearPolitics, 04/10/2007
MarketMinder's View: Whaddya know? Competition drives down prices of prescription drugs and somewhat curbs health care spending. Naturally, politicians don't understand this, and prefer to move towards full socialization.
Sensible Stories
By , The Financial Times, 04/10/2007
MarketMinder's View: Despite all the talk about housing bubbles and subprime blow-ups, things are looking LESS risky today on balance.
Sensible Stories
By , Kiplinger, 04/10/2007
MarketMinder's View: Don't be fooled by the title, the authors' strongest point is that time in the market and compound interest are your best friends.
Market Misperceptions
By , Businessweek, 04/10/2007
MarketMinder's View: Again, we're just baffled…
Market Misperceptions
By , Sydney Morning Herald, 04/10/2007
MarketMinder's View: Attempts to highlight the risks of the private equity boom only end up proving that still-low interest rates and healthy balance sheets remain a strong driver for more deals to come.
Market Misperceptions
By , MSN Money, 04/10/2007
MarketMinder's View: If you have a long time horizon, and most investors do, you have no business investing largely in bonds. They are not guaranteed to beat inflation, and historically, bond real returns have been clobbered by equity returns.
Sensible Stories
By , The Wall Street Journal , 04/09/2007
MarketMinder's View: The unemployment rate just hit 4.4% and matched the lowest rate in six years. "Over the past 12 months, worker pay has increased by 4%, or an extra $600 of purchasing power per worker thanks to the combination of a tight labor market and productivity gains.
Sensible Stories
By , The Wall Street Journal , 04/09/2007
MarketMinder's View: As debt remains cheap and earnings yields high, some of the smartest investors continue to pick up companies on the cheap. Expect this consolidation to continue.
Sensible Stories
By , The Wall Street Journal , 04/09/2007
MarketMinder's View: More protectionist sentiment heading our way…
Market Misperceptions
By , The Pittsburg Post-Gazette, 04/09/2007
MarketMinder's View: The only argument we can discern here about the alleged "income gap" is that it's "unfair." Unfair? Really? We wanted a pony for our sixth birthday and didn't get one. Is that unfair?
Sensible Stories
By , Bloomberg, 04/09/2007
MarketMinder's View: Strong growth abroad is surely helping the global economy; but remember economic activity is not a zero sum game. Growth accelerating abroad does not mean it has to decelerate here.
Sensible Stories
By , Marketwatch, 04/09/2007
MarketMinder's View: A good look at how politics can affect markets.
Sensible Stories
By , Bloomberg, 04/09/2007
MarketMinder's View: Somewhere, Laffer is laughing at us. Increasing tax rates will probably reduce the amount of revenue the government receives and take a toll on the economy.
Sensible Stories
By , Rocky Mountain News via RealClearPolitics, 04/09/2007
MarketMinder's View: Popular hype about a class divide, globalization, immigration, etc., etc. etc. Are all way wrong. America's economy rocks!
Market Misperceptions
By , CNN Money, 04/09/2007
MarketMinder's View: CEO pay is and should forever be determined by their boards, not by the government, the media, or pitchfork-carrying townspeople.
Market Misperceptions
By , The Wall Street Journal , 04/09/2007
MarketMinder's View: Decreasing the supply of equities is bullish for the market. Companies are buying each other up with cheap debt to immediately increase EPS. This is all good news.
Market Misperceptions
By , Bloobmerg.com, 04/05/2007
MarketMinder's View: We're not here to preach morals regarding CEO compensation. We just want these people to do their job and maximize shareholder returns, which it seems they're doing quite well.
Sensible Stories
By , Reuters, 04/05/2007
MarketMinder's View: So do we. Stock destruction is bullish.
Market Misperceptions
By , SmartMoney.com, 04/05/2007
MarketMinder's View: The sky is falling! Quick—put 45% in cash. Wrong, wrong, wrong, wrong, wrong.
Sensible Stories
By , WashingtonPost.com, 04/05/2007
MarketMinder's View: Nice . . .
Market Misperceptions
By , Wall Street Journal , 04/05/2007
MarketMinder's View: Really? Then why these headlines right after the drop: "Investors Seek Safety of Treasuries", "Markets' Slide Spotlights Risks", "Market's Fall May Augur a Waning Appetite for Risk?" The media sure is quick to change their tune!
Sensible Stories
By , RealClearPolitics, 04/05/2007
MarketMinder's View: A rational look at the oil landscape in America. Don't buy that Prius just yet.
Market Misperceptions
By , Morningstar.com, 04/05/2007
MarketMinder's View: Today's M&A activity and that during the late 1990s and 2000 . . . apples to pineapples. There's an important distinction between stock-based (then) and cash-based (now) deals.
Sensible Stories
By , The Times London, 04/05/2007
MarketMinder's View: Gotta love the tremendous access to capital we have in the developed world. Who is the government to deny any agreement between borrower and lender? Free markets are beautiful!
Sensible Stories
By , New York Times, 04/05/2007
MarketMinder's View: A perfect example of how our official saving rate distorts personal net worth.
Sensible Stories
By , Wired.com, 04/05/2007
MarketMinder's View: You know Adam Smith's parable about how many people it takes to make a pin? Beautifully illustrated here.
Sensible Stories
By , Wall Street Journal , 04/05/2007
MarketMinder's View: The expiration of the 2001 and 2003 tax cuts would amount to the largest tax increase in history. This is definitely something that could move markets and is worth following closely.
Market Misperceptions
By , LA Times, 04/05/2007
MarketMinder's View: Our ridiculous item of the year! Wow. A breathless, elitist, fundamentally flawed homage to Socialism that manages to insult the reader, his friends and family, all at the same time!
Market Misperceptions
By , CNN.com, 04/04/2007
MarketMinder's View: Last week, I testified to [Congress] that our failed "free trade" of the past three decades has been the most expensive policy the U.S. government has ever pursued." Huh? Americans are wealthiest than ever, the most skilled, and unemployment's near record lows. "Failed" free trade policies are awesome!
Sensible Stories
By , Bloomberg.com, 04/04/2007
MarketMinder's View: Wow! Positive news from around the globe.
Sensible Stories
By , Wall Street Journal , 04/04/2007
MarketMinder's View: They stole our jobs!" Turns out, competition is good for the job market, and immigration is actually boosting pay for U.S. citizens.
Market Misperceptions
By , Dow Jones Newswire via Morningstar.com, 04/04/2007
MarketMinder's View: In case you were keeping score, March represents the 48th consecutive month of growth in non-manufacturing jobs.
Sensible Stories
By , USA Today, 04/04/2007
MarketMinder's View: Time for a flat tax?
Market Misperceptions
By , Bloomberg.com, 04/04/2007
MarketMinder's View: Weird. So corporate takeovers and buyouts don't count as investment? We'd argue that, including buyouts and share repurchases, this is a historically strong periods of corporate investment.
Sensible Stories
By , TCS Daily, 04/04/2007
MarketMinder's View: It makes me nervous when governments, rather than investors and consumers, decide what we should invest in and what we should consume." Amen.
Market Misperceptions
By , Businessweek.com, 04/04/2007
MarketMinder's View: Bad idea. See our Story of Interest, "Jobs and Immigrants," for why.
Market Misperceptions
By , MarketWatch, 04/04/2007
MarketMinder's View: Responsibility is in the eye of the beholder, we guess. As much fun as it is being chastised by someone we pay for a service, this is all wrong. America is getting wealthier and wealthier, not poorer and poorer.
Sensible Stories
By , Wall Street Journal , 04/04/2007
MarketMinder's View: A good reminder from our friend, Professor Meir Statman, about the importance of foreign stock exposure.
Market Misperceptions
By , USA Today, 04/04/2007
MarketMinder's View: The trouble with economic statistics is that they focus on a short period and are backward-looking.
Sensible Stories
By , Wall Street Journal , 04/03/2007
MarketMinder's View: A good reminder about heat chasing—the best performers one year tend to become some of the worst performers the next.
Sensible Stories
By , Greg Mankiw’s Blog, 04/03/2007
MarketMinder's View: It is common sense that when you buy something, you would rather pay less than more for it. That is as true for a nation as it is for a household. The bottom line: The Chinese taxpayers should be complaining about these subsidies, not the American government." Amen.
Sensible Stories
By , The Times, 04/03/2007
MarketMinder's View: Socialized medicine—giving everyone equal access to shoddy, delayed health care.
Sensible Stories
By , Wall Street Journal , 04/03/2007
MarketMinder's View: Yes. "Stagflation" distinctly does not mean healthy growth and low inflation. Which we are enjoying. Stop worrying.
Market Misperceptions
By , The New York Times, 04/03/2007
MarketMinder's View: In another thrilling display of judicial legislation, breathing now causes pollution.
Market Misperceptions
By , Washington Post, 04/03/2007
MarketMinder's View: Today the world is not coming to an end. Stay tuned for how people feel tomorrow . . .
Market Misperceptions
By , Barron’s Online, 04/03/2007
MarketMinder's View: More bricks in the wall of worry. Nearly everyone is expecting a slowdown in earnings—no power to move the market.
Sensible Stories
By , Marketwatch.com, 04/03/2007
MarketMinder's View: The human brain likes to form patterns; beware its ability to fool you.
Market Misperceptions
By , The Telegraph, 04/03/2007
MarketMinder's View: What, no Congressional hearing on a foreign company taking over security for the US embassy in Afghanistan? Oh that's right, it's not an election year.
Sensible Stories
By , Bloomberg.com, 04/03/2007
MarketMinder's View: It's revolutionary ideas—like an NBA star wearing cheap sneakers—that truly reshape industries and reward those willing to take risks. Free markets at their finest.
Market Misperceptions
By , AP, 04/03/2007
MarketMinder's View: Do this: Ask the person to your right and the person to your left if they think oil prices will fluctuate between now and say…forever. If more than one of them says yes, oil volatility is probably priced into the market.
Sensible Stories
By , Bloomberg.com, 04/02/2007
MarketMinder's View: Spending? Free trade? All good stuff.
Market Misperceptions
By , Financial Times, 04/02/2007
MarketMinder's View: And this is France's "business friendly" candidate.
Sensible Stories
By , KudlowsMoneyPolitics.Blogspot.com, 04/02/2007
MarketMinder's View: Hooray for supply-side economics!
Sensible Stories
By , Wall Street Journal , 04/02/2007
MarketMinder's View: The scary headline can't hide the facts: Lowest income earners have much less impact on total consumer spending than the wealthy. This won't have the outcome folks expect.
Sensible Stories
By , Bloomberg.com, 04/02/2007
MarketMinder's View: Yes, they do!
Sensible Stories
By , Bloomberg.com, 04/02/2007
MarketMinder's View: This is worth keeping an eye on. Increased protectionism is never good.
Market Misperceptions
By , The Independent, 04/02/2007
MarketMinder's View: Yeah! America stinks! Lunch? I don't know, where do you want to go? I had McDonald's yesterday. How about Chipotle? OOH! And let's stop at Starbuck's on the way back. Do you like my sweater? I got it at Banana Republic . . .
Sensible Stories
By , Marketwatch.com, 04/02/2007
MarketMinder's View: The game continues.
Market Misperceptions
By , Financial Times, 04/02/2007
MarketMinder's View: Mercantilism is alive and well! Talk about setting a low hurdle—7.5% unemployment is only OK when compared with France.
Market Misperceptions
By , USA Today, 04/02/2007
MarketMinder's View: This just in—stock markets are volatile.
Market Misperceptions
By , Businessweek.com, 04/02/2007
MarketMinder's View: It's like pulling teeth to get the media to admit the economy is doing fine.