- Obama’s Budget Is a Charade: Doug Casey Daily Ticker
“The thought of having a budget when you’re already bankrupt and digging the hole deeper at the rate of $1.5 trillion per year is a ridiculous charade," says divisive author and investor Doug Casey.
- With Dimon’s Fate in the Balance, JPM Will Be on the Offensive With Earnings The Exchange
JPMorgan will spend Friday on the charm offensive, setting the stage for the May 21 shareholder meeting at which investors will decide whether to keep CEO Jamie Dimon in his Chairman post, writes YFinance contributor Marek Fuchs.
- That Idiotic $1B Purchase of Instagram by Facebook? Maybe Not So Dumb YCharts
Remember how dumb it sounded a year ago when Facebook paid $1 billion for the photo sharing sight Instagram, a baby of a company with no profits and little track record? It doesn’t look so stupid any more.
Brian Sozzi, CEO of Belus Capital Advisors, runs through five retailers that are household names today but will be non-existent five years from now.