Author Interviews

Daniel Pecaut and Corey Wrenn

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/DAN_PECAUT-COREY_WRENN-07-25-2017.mp3Podcast: Play in new window | Download (Duration: 19:49 — 11.3MB)Subscribe: Apple Podcasts | Android | RSSSinclair Noe interviews Daniel Pecaut and Corey Wrenn, co-authors of “University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting”

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Financial Review

Time Waits for No One

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-08-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..French election goes as predicted. Markets snooze. Global banks Brexit London. Phoenix housing market tight inventory. Housing ATM again. Straight Path to $3.1 billion. Coaching Kate Spade. Tyson overcooked. Sinclair buys Trib. Amazon’s Alexa rules. Ackman pimps HHC at Sohn. The Warren and Charlie Show. Do not live in Kentucky. Financial Review by Sinclair Noe for 05-08-2017

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Uncategorized

Monday, May 06, 2013 – Wall Street Loves the Mushy Jobs Report

Wall Street Loves the Mushy Jobs Report by Sinclair Noe DOW – 5= 14968SPX + 3 = 1617NAS + 14 = 339210 YR YLD + .02 = 1.77%OIL + .18 = 95.79GOLD – .40 = 1471.30SILV – .09 = 24.14 Friday’s jobs report was great for Wall Street. The Dow Industrials briefly topped 15,000 and managed to close at a record high. The S&P 500 hits new records as well. The actual jobs report was only semi-good. The economy added 165,000 net new jobs in April. The February and March reports were revised higher. That’s certainly better than losing 700,000 jobs, but it wasn’t enough to get the economy up to cruising speed. Wall Street loved it; just enough job growth to avoid recession; not enough job growth to cause the Fed to exit QE to infinity. Wages are still basically flat. Since the financial collapse of 2008, 9.5 million Americans have simply left the workforce. Once you leave the workforce, you stop being counted, you become invisible. About 22 million Americans are unemployed or under-employed or working part-time because they can’t find full-time work. The Federal Reserve last week told us they are pretty well tapped out as far as their ability to fix things; they said: “fiscal policy is restraining economic growth.” A new report from the Brookings Institute puts numbers on fiscal policy. In the 46 months since the official end of the Great Recession, state, local and federal governments have cut about 500,000 jobs. In contrast, …

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