Friday, December 29, 2006

Shares outstanding contracting --- The Buyout and Merger effect


"... shares outstanding in the U.S. contracted by at least $600 billion this year -- roughly 3.1% of the market's total value, according to TrimTabs."The U.S. equity market hasn't shrunk by that much in at least a decade. In 2005, the market contracted by roughly 2% and by less than 0.1% in 2004, TrimTabs estimates. From 1999 through 2003, the market expanded every year. (Percentages are based on the market capitalization of the U.S. equity market at the end of each year.)"

Revisiting Copper


DJ Industrials priced in Gold (inflation's still alive)

Who says there's no inflation ??? Look at the Dow Jones Industrials' performance priced in Gold instead of the $ ....
When priced in gold rather than dollars, the Dow was down 5.7% in 4Q 2006, down 3.3% for the 2006 year, and down 53% since the peak in 2000

Friday, December 22, 2006

Wednesday, December 13, 2006

Friday, December 08, 2006

GDP --- Developed economies

3Q GDP #'s have been reported for most major economies , and while there will be revisions to these figures as more data comes in , here are the preliminary figures so far :

US +2.0%
Japan +0.8%
UK +0.7%
Germany +0.6%
France +0%
Italy +0.3%
Spain +0.9%
Canada +1.8%