Skip to comments.THE RADAR: 10 Brewing Stories You Need To Watch Right Now
Posted on 05/17/2010 10:16:36 AM PDT by blam
THE RADAR: 10 Brewing Stories You Need To Watch Right Now
May. 17, 2010, 1:04 PM
Right now, uncertainty is stretching over markets worldwide as micro issues, like the BP oil spill, and massive one's, like the collapse of the euro, rattle traders minds.
We've got the most important stories, both long and short term, you need to watch here, with details of where they are and where they might head next.
Click to see the stories you must be following >
(Excerpt) Read more at businessinsider.com ...
Wierd link. kept transfering to something else
that wouldn’t load.
Worked ok for me.
This is self-serving nonsense and tells you how upside our economy is. The financial sector is not an industry. They make nothing. That they are earning profits when no one else is just tells you that they have perfected their model of rent-seeking rather than making their money by investing in profitable (and therefore presumed productive) enterprises.
I heard that a week or so ago. The woman was a definite mental case, delusions galore.
Even Savage was bad mouthing his call screeners for letting her through.
Whether all other libs are just as delusional is the another question.
Can you really be that ignorant?
The Financial Services industry makes nothing?
Would you care to enlighten me about how Guaranteed Fixed and
Variable annuities that provide retirement funds for tens of millions of people without regard to market performance is ....Nothing?
So I saw the word BREWING, and thought it was a story combining Beer and investment.
And my overall comment was that there is something wrong when the financial services industry is making money but no one else is.
Surely you are not so ignorant as to think that the money that funds pensions comes from the profits of the financial services industry, except to the extent that dividend paying shares in banks, etc are in retirement portfolios.
I understood what you are asking. What I asked in return was...
The Financial Services industry makes nothing? Would you care to enlighten me about how Guaranteed Fixed and Variable annuities that provide retirement funds for tens of millions of people without regard to market performance is ....Nothing?
We aren't talking about pension funds we are talking about the funding mechanism for millions of IRA's and Non-Qual plans that help people to get the better of a certain percentage of interest or routinely lock in Market gains without regard to future market performance.
The easy answer is, you didn't realize that you didn't know what you were saying.
You are confused by your own gobbledygook. Either you are imagining a nonexistent free lunch, or else you are suggesting that Wall Street is funding these instruments out of their own charity, which I doubt, or else, these instruements merely hedge across a bunch of underlying assets to provide an average return that is "guaranteed," with the financial community taking a cut for the "service."
The point you completely miss is that the goods and services that folks purchase with the returns on these instrumetns do not come from the financial servcies industry and are not provided by the financial services industry. Both the goods and services, and the funds to pay for them are coming from "productive" sectors of the economy.
But are you saying that because these investment products are created with intellectual capital they are somewhow less valid than a toaster?
Of course the companies in question make money off administering the product (helping people manage their capital) but those charges are a percentage in basis points of the asset itself...
I'm sure if you hate capitalism so much there are other places to be...
Imagine my disappointment when I discovered this thread has absolutely nothing to do with beer.
I made the same mistake when I saw “Brewing.” Nonetheless, the article was interesting.
Wheeeewwwwwww!!!!!!!!!! We are so screwed.