BusinessWeek downplays the effect of the housing slowdown
The worry is the housing slump, which appears to be getting worse, will drag down the entire economy.
Housing starts sank further in July. Permits to begin new construction plunged close to a four-year low, and an industry measure of builders’ sentiment sank to a 15-year low. Forward-looking indicators [...]
Archive for August, 2006
Effect of Housing Slowdown on US economy
Posted in Business on August 29, 2006 | Leave a Comment »
Marc Faber’s pessimism on Equities
Posted in Investing on August 23, 2006 | 2 Comments »
Marc Faber turns really bearish on brokerage stocks in this article
Sell Brokerage Stocks – Buy Pharma
23 August, 2006 The upside potential for equities appears to be very limited despite the likelihood that the Fed will not increase the Fed fund rate at its August meeting. There is much resistance for the S&P 500 between 1290 and [...]
Indian American population may reach 4.5 mn by 2010
Posted in Uncategorized on August 22, 2006 | Leave a Comment »
Interesting statistics in this rediff article
…by 2010 Indian-Americans will reach the 4.5 million mark. In other words desis are expected to constitute 1.5 per cent of the total American population of 2010. South Asians in general are crossing the 5.5 million mark in the United States.
In terms of numbers, Chinese Americans were still the largest [...]
Asian Young Entrepreneurs under 25
Posted in Business on August 21, 2006 | Leave a Comment »
Great Businessweek story on Asian Young Entrepreneurs under 25
$50 Oil ????
Posted in Business on August 21, 2006 | Leave a Comment »
Businessweek has an interesting take on the possibility of a $50 oil instaed of the $100 oil which everyone is predicting
…..Yes, $100 oil is still possible and in the long term maybe inevitable. A geopolitical crisis, in Iran or elsewhere, or events like 2005’s double whammy of Hurricanes Rita and Katrina, could bring it on [...]
10 surprising six-figure jobs
Posted in Business on August 21, 2006 | Leave a Comment »
10 surprising six-figure jobs from Forbes article
Court reporter
Professional (life or career) coach
Mine manager
Salesperson
Truck driver
Pressman
Technical writer
Restaurant manager
Air traffic controller
Elementary school principal
Investing in ETF’s versus Mutual Funds
Posted in Investing on August 17, 2006 | 1 Comment »
Never quite understood what ETF’s are?? Well start here….
http://finance.yahoo.com/etf/education or here http://www.fool.com/etf/etf.htm
Another article on Yahoo by Suze Orman
The ABCs of ETFs
By now, you’re probably aware of the big, broad-based ETFs that track the S&P 500, such as the Standard & Poor’s Depositary Receipts (SPY). I want to talk about some lesser-known ETFs — many brand spanking new [...]
The fatal flaw
Posted in Business on August 16, 2006 | Leave a Comment »
James Suroweicki has an interesting piece in The New Yorker on the Fatal Flaw
People are generally bad at accepting the importance of context and chance. We fall prey to what the social psychologist Lee Ross called “the fundamental attribution error”—the tendency to ascribe success or failure to innate characteristics, even when context is overwhelmingly important. [...]
6 Picks for Ultimate Growth
Posted in Investing on August 15, 2006 | Leave a Comment »
Motley Fool’s six picks for Ultimate Growth
If finding the next big winners were easy, everybody would be doing it. And if everyone were doing it, it wouldn’t be so darn profitable. But it can be done. And it’s worth the effort.
That’s why, even if you decide not to join us today, I want you to [...]
Global Startup Ideas
Posted in Business on August 14, 2006 | Leave a Comment »
Business 2.0 blog comes out with a list of global startup ideas in their latest cover story
Global Startup Ideas
Our August issue is out, and the whole issue culls the best business ideas from all over the world. For the cover story, this year we decided to give our readers some ideas for creating startups overseas. [...]
