You know those Mexicans that hang out at Home Depot parking lots looking for work? That’s the picture in Singapore as 750 freighters are idling in the water waiting for jobs – with no work to be had. New York Times has the story:The problem is global shipping has collapsed.
The Big Picture
Donald Trump on Bernard Madoff, the “Depression”, and Banks
Trump: “No thanks, I can lose my own money.” […]
Investing Strategy
LCD Market Points The Way for Economic Recovery.
LCD Market Points The Way for Economic Recovery. Here are some great stock ideas form The FLy. […]
The Big Picture
Marc Faber “Sell Your Stocks and Get Drunk in 2010”
Marc Faber says S&P 500 likely to drop in 2010; years ending in “0” and mid-term election years generally are negative for stocks. […]