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Domestic REITs Down On A Huge Up Day (VNQ, DRW, SNH)
Tuesday, October 6, 2009 - 3:48pm | 95Domestic Real Estate Investment Trusts or REITs are marginally down today on an otherwise huge up day for the market. The Vanguard US Real Estate ETF (NYSE: VNQ) and Senior Housing Properties Trust (NYSE: SNH) are down 0.8% and 1.6% respectively in late day trading. The sector is badly lagging...
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Cramer Likes CHU, WY Dislikes PCL, AMED
Monday, September 21, 2009 - 12:09pm | 139In the part of his show called Lightning round, CNBC’s MAD Money Jim Cramer answered questions about various stocks. Cramer said that he is bullish on China Unicom (NYSE: CHU), and that Weyerhaeuser (NYSE: WY) is better than Plum Creek Timber (NYSE: PCL). When asked about Amedisys (NASDAQ: AMED...
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Greatest Human Being You Never Heard Of
Sunday, September 13, 2009 - 10:56pm | 131Penn and Teller profile Normal Borlaug and his contributions to genetically engineered food (some strong language). New York Times article today -- Norman E. Borlaug, the plant scientist who did more than anyone else in the 20th century to teach the world to feed itself and whose work was...
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Obamacare: Suspending the Laws of Economics
Sunday, September 13, 2009 - 10:15pm | 203In exchange for some bitter tax pills, Obama promised Americans would get eternal health care "security and stability." To deliver that, he would of course ban insurance companies from denying coverage to those with pre-existing conditions--tantamount to forcing fire insurance companies to write...
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Traditional Universities May Be Irrelevant by 2020
Thursday, September 10, 2009 - 9:45pm | 315How Web-Savvy Edupunks Are Transforming American Higher Education "The Internet disrupts any industry whose core product can be reduced to ones and zeros," says Jose Ferreira, founder and CEO of education startup Knewton. Education, he says, "is the biggest virgin forest out there." Ferreira is...
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Senior Housing Property Trust (SNH) Looks like a Good Long Term Investment
Thursday, September 10, 2009 - 10:48am | 332Senior Housing Property Trust (NYSE: SNH) looks attractive as a long term investment and dividend play. It is a REIT focused on owning and operating health care facilities across the country. Health Care real estate and senior housing looks to be a promising area to be invested over the next...
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MA Politician Caught Avoiding Taxes He Approved
Sunday, September 6, 2009 - 4:38pm | 301Boston Herald -- A Massachusetts lawmaker who voted to hike the state sales and alcohol taxes was spotted brazenly piling booze in his car - adorned with his State House license plate - in the parking lot of a tax-free New Hampshire liquor store. Rep. Michael J. Rodrigues’ blue Ford Crown Victoria...
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Interactive Chart for GDP Per Capita
Sunday, September 6, 2009 - 10:23am | 55Interesting interactive chart for GDP per capita in each country. You can sort by religion (Muslim vs. Buddhist vs. Christian countries), language (English vs. French vs. Spanish-speaking countries), area size, population, etc. HT: Andy Roth
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Markets In Everything: Portable Toilet for Women
Saturday, September 5, 2009 - 11:08am | 135A German company is marketing a mobile toilet for women that fits into their handbags and can be used whenever they are caught short. The disposable portable lavatory consists of a plastic bag fitted with absorbent polymers that turn urine into a gel. The size of a chocolate bar when folded, it...
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Forget Everything You've Heard in the Media About Income Inequality and Income Mobility
Friday, September 4, 2009 - 10:33am | 615From the study "Income Mobility in the United States: New Evidence from Income Tax Data," by Gerald Auten & Geoffrey Gee (both of the Office of Tax Analysis, U.S. Treasury Department), which was released previously here. This study examines the income mobility of individuals over the last two...
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Government Spending Creates Wealth? The Most Persistent Economic Fallacy of All Time
Monday, August 31, 2009 - 3:38pm | 56At a 1978 lecture, Milton Friedman talks about government spending and explains one of the greatest economic fallacies of all time, essentially another version of Bastiat's "broken window fallacy." HT: Drew Suder Originally posted at Carpe Diem.
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New Age of Cheap Energy Approaches: A Tribute to the Virtues of Markets, Free Trade and Capitalism
Saturday, August 29, 2009 - 4:29pm | 726AAAAAAAALLQ/oDyJivOEdHg/s1600-h/natgas.jpg">A-new-age-of-cheap-energy-approaches.html">UK Telegraph -- We have all become so used to reading that the end of the world is nigh that we tend to close our eyes and stick our fingers in our ears when there is evidence to the contrary. So you have...
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Best Six-Month Stock Market Rally Since 1933
Friday, August 28, 2009 - 5:21pm | 90From the early March lows, the Dow Jones Industrial Average has seen a spectacular rise of about 45%, marking the best six-month stock market rally since January of 1933 (see chart above). HT: Drudge Report. Originally posted at Carpe Diem.
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ECRI: Double-Dip Recession "Out of the Question"
Friday, August 28, 2009 - 3:35pm | 312AAAAAAAALKw/Ou0G7dLA5FI/s1600-h/ecri.jpg">NEW YORK (Reuters) - A weekly measure of future U.S. economic growth slipped in the latest week, though its yearly growth rate surged to a 38-year high that suggests chances of a double-dip recession are slim. The Economic Cycle Research Institute said...
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Markets In Everything: Creative Poodle Grooming
Thursday, August 27, 2009 - 9:49am | 121DailyMail -- They may resemble pandas, buffalos and camels - but these animals are actually poodles, all competing for the title of top dog at 'creative grooming' shows across the U.S.HT: Adam Smith Institute Originally posted at Carpe Diem.