Posts Tagged ‘taxes’

JP Morgan Shareholders Might Fire Jamie Dimon From One Of His Jobs

During the financial crisis, JP Morgan Chairman and CEO Jamie Dimon was the golden boy of Wall Street.

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No, Don’t ‘Sell In May And Go Away’

It's May again, so that means you can't turn on financial TV without being bombarded with advice to dump all your stocks until the end of the summer when it's safe to buy them again. This advice, "Sell in May and go away," is based on analyses of average market performance by month over the past 50 years. Related: Dow 15,000: 'Sometimes a Bullish Market Is Just a Bullish Market' As you would expect (based on the aphorism), and as you can see in this char t, May has tended to be a weak month for stock performance, though stocks have still delivered a positive return in the month

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Everything You Always Wanted to Know About P/E (But Were Afraid to Ask)

One of the most common numbers you hear if you listen to stock forecasts is the "P/E ratio"--the price of the stock or market relative to the company's earnings. Sometimes, the P/E ratio can be very useful for getting a sense of whether a stock or market is cheap or expensive. At other times, however, the number can be highly misleading

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The “Most Overpriced, Oversupplied, Over-owned Market in History”

The U.S. Treasury this week announced plans to retire $35 billion in notes , the first time the government has paid down debt since 2007. It’s a significant milestone for Treasury and $35 billion is a lot of money for mere mortals, but barely a drop in the $16.7 trillion bucket of our nation’s debt.

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Robert Shiller: Home Prices Will Remain Relatively Stagnant For Next 10 Years

More good news on the housing market.

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CFTC Holds Twitter #HackCrash Hearing

It was one week ago this Tuesday that a hacked AP account tweeted, “Breaking: Two Explosions in the White House and Barack Obama is injured” to its 1.9 million followers. Moments later, the @AP twitter handle released a statement saying they had been hacked and that President Obama was fine, but the markets had already reacted

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Michael Pollan: Genetically Modified Foods Offer Consumers “Nothing”

Few Americans were aware of the dangers of industrial farming and processed food before Michael Pollan published his best-selling books “ In Defense of Food ” and the “ Omnivore’s Dilemma .” A hero to the locavore and organic movements, Pollan has never shied away from expressing his opinions on what to eat, where to eat and the proper way to raise and harvest what we eat. In his new book “

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House Approves Senate FAA Bill: Washington Should Never Have “Nickel and Dimed” Essential Services

The United States government has had two years to head off automatic "sequester" spending cuts that most people agreed were unnecessary and almost everyone hated. But these days, the government doesn't do anything unless public anger hits such a state of fervor that Congress -- people actually begin to fear for their jobs.

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George Soros Buys 8% Stake in JCPenney: Should You Follow?

Provided by Business Insider Billionaire hedge fund manager George Soros has reported a 7.91% passive stake in JCPenney, according to a securities filing with the SEC. The news sent JCPenney ( JCP ) shares soaring 7% in after-hours trading Thursday.

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Netflix’s New Pricing Plan: Are They Going After ‘Freeloaders’? Should They?

Netflix ( NFLX ) is on top of its game.

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