Best Predictions in 2008

Businessweek.com published an interesting article about predictions in 2008 which totally missed its prophecies, so they become jokes. The article can be seen here, it is written by Peter Coy. These are the funniest parts: 1. “A very powerful and durable rally is in the works. But it may need another couple of days to lift off. Hold the fort and keep the faith!” —Richard Band,...

Short Selling

Few days ago I got diarheaaaaa…My doctor told me that diarhea, at the time being, is contagious and it is being “lagi in”. It’s not surprising. Many of my colleagues are/were suffering it as well.  Anyway, that’s not the point of this writing. While writing his diagnosis and recommendation (I got 1 day off hahaha…), we’re discussing about recent economic...

Death of Commodities?

Some people say that the Commodity business is dead. If you’re looking at the prices now, I believe you’re inclined to concur. It’s normal. I have been the proponent of Commodity business. The prices may be go up and down, but the demand will always be there. I used to take long view on Commodities: the prices may go down, but in long term it is increasing. Think about this,...

Illinois governor tried to sell Senate seat: prosecutors

I thought this could happen in Indonesia too… Illinois governor tried to sell Senate seat: prosecutors CHICAGO (Reuters) – The governor of Illinois, Rod Blagojevich, was arrested on Tuesday on “staggering” corruption charges that alleged he tried to sell the U.S. Senate seat vacated by fellow Democrat, President-elect Barack Obama. The governor also tried to extort the...

The Globe to Hillary Clinton

courtesy The Economist. Illustration by KAL Yeah, the Clintons always appear to clean up Bush’s mess.