Stock research analysts get no respect these days. An academic study has concluded that share recommendations have little impact.
The Great Debate
The current contango structure in crude oil futures and most other commodity markets — with future prices significantly above the spot market — is providing a strong incentive to buy and store record quantities of raw materials, with most of the cost borne by retail investors in exchange-traded funds and institutional investors in long-only commodity indices.
The U.S. faces a lengthening series of request from industries and interests seeking shelter under the Troubled Asset Relief Program, most of which it should dismiss out of hand.
— Paul Sousa is co-founder of the non-profit GLBT rights organization, Join The Impact MA, which puts on grassroots events in the metro Boston area. Paul is also the founder and president of Equal Rep, a Boston based organization that focuses on rapid online mobilization to lobby for the appointment or election of highly qualified openly GLBT politicians. The views expressed are his own. —
The decision of the 11th biggest U.S. credit card issuer Advanta to pull all of its credit lines from one million customers bodes poorly both for the economy and the banks.