Here are some things I read this week that I thought might interest our readers:
Markets, Economy & Investing
- The inflation vs. deflation debate (CNNMoney.com)
- Inflation rates for 77 countries (Bespoke Inestment Group)
- The 10 Hottest Commodities of 2009 –and the ETFs that track them (TraderMark)
- Stock buybacks by S&P 500 companies have plummeted (Barron’s)
- Warren Buffett Getting No Respect (Bespoke)
- Country stock market performance for 83 countries since the recent top (June 2nd) [Bespoke]
- How Bernie did it – an investigation uncovers the secrets of Bernie Madoff’s massive fraud [Fortune]
- “Consumer spending increased in May, the fourth gain in the last five months. “Real” (inflation-adjusted) consumer spending also increased in May and was revised upward for both March and April. These figures support our view that the recession is over.” [First Trust]
- A chart showing the equity in household real estate [The Big Picture]
Technology
- Intel’s secret plan [Fortune]
Facts, Stats, & Quotes:
- “338% is how much shares of Smith & Wesson, based in Springfield, Mass., have increased since a low of $1.53 in October 2008. That’s in part because of a 62% increase in sales of handguns and rifles for civilian use.” [Fortune Magazine, May 11, 2009, p12]
Have a great weekend!
~Adam