|September 2, 2009|
Apparently, many of you prefer that we call the stench emanating from Washington and Wall Street by its proper name, even if it is a bit… improper.
On Monday, we asked if you thought we should spell out the word B.S. in our masthead, just so there is no confusion about what we really think. Hundreds of IDE readers wrote in.
Yes, some of us are a bit tender-eared, WD.
LW asks why we would degrade our publication "by joining the Garbage Language Gang." RL says, "No, it is not ok. Intelligent people are able to make their point without resorting to expletives and questionable language. When I see inappropriate language, it tells me that the speaker is not well enough educated to express himself intelligently."
"This is how a market looks when it's out of gas."
That's a quote from IDE analyst Steve McDonald following the Dow's 185 point plunge on the first day of September.
Even though the news was good the market tanked
Despite some good numbers from the housing market and an ISM number that beat estimates, the market still lost ground. Steve points out that the ISM (The Institute for Supply Management Index), which measures manufacturing activity, crossed over to 'non-recessionary' territory for the first time since January 2008.
Corporate insiders are selling like crazy
Over two weeks ago, we reported that corporate insiders are heading to the exits in droves. This week, Bloomberg TV ran an interview with Tom Biderman, CEO of Trim Tabs Investment Research, a firm which tracks investment flows.
Don't be fearful… be cheerful
Nobody's bummed out when their favorite store has a sale. Quite the contrary. They hustle down and stock up.
China in a bear market?
Yup. It's official. The Chinese market has fallen 20% from its peak in early August. Surprised? You shouldn't be. Our own Asia expert Andrew Gordon has been banging the drum for months giving his readers plenty of early warning. Andy has a long career in international business, including considerable time in Asia. He's also written books on international trade.
We value his insight on these matters. And so should you. Here is some of what he's had to say over the last year. It is just as relevant today:
Andy sounds a positive note
When not writing about China's slide into the abyss, Andy has put together some brilliant
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