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Tiffany earnings rise 33%
Paddy Hirsch Nov 1, 2011
Strong international sales drove higher second quarter earnings from the high-end jeweler. That good news from Tiffany pushes The Marketplace Ind...
So, is Bank of America safe now?
Paddy Hirsch Aug 25, 2011
The news today that Warren Buffett made a $5 billion investment in Bank of America lifted the company's stock, along with most of the financial s...
You think it's tough doing business here?
Paddy Hirsch Aug 23, 2011
Try Kyrgyzstan. At least one major foreign-run gold mining operation had its license suspended there, another was slapped with a $5 million fine,...
Compare and Contrast: Do the Markets Dictate Government Policy?
Heidi N. Moore Aug 22, 2011
The markets are from Mars, and politicians are from Venus. The markets want more government stimulus. Governments just want to pay the debts the...
What's up with oil?
Paddy Hirsch Aug 23, 2011
Libyan rebels are in Tripoli, spurring hopes that Libya will start pumping oil again soon. But oil prices are up today. What's up with that?
Man...
The gold-to-decent-suit ratio
Paddy Hirsch Aug 20, 2011
A "long-held rule in the marketplace" is that an ounce of gold, historically, has been able to buy a decent suit....
What's up with gold?
Paddy Hirsch Aug 19, 2011
Fear and greed, that's what.
The shiny stuff broke $1880 an ounce today, another record. That's making my Dad happy. He's been long gold a l...
European banks: new funding fears (FT)
Paddy Hirsch Aug 18, 2011
The Financial Times reports that the European Central Bank has lent dollars to a eurozone bank for the first time since February in the latest sign...
Why we care about Eurozone debt.
Paddy Hirsch Aug 18, 2011
Europe's problems are tanking bank stocks, as investors worry about a repeat of the 2008 financial crisis. Last time it was toxic mortgages that...
China T-bond sales fears. Real or imagined?
Paddy Hirsch Aug 17, 2011
With Vice President Joe Biden in China, plenty of commentators are once again talking about China selling US Treasuries....
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