Was This the Kiss of Death?

This is the May 11th edition cover, The Economist.

130513 Economist Cover

(SPY: 165.93 0.00%)

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A Thought

Stolen from a blog I read:

Cultures erect enormous temples to what they honor; today the highest building in any American city is often a bank.

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This and That

I have survived a very intense tax season and can now return to stocks.

Here’s a few random news items and links of interest:

  • Tax havens explained: How the rich hide money – an interactive guide to offshore tax havens. Hope to need this one day, ha!
  • Dividend Detective – recently rediscovered this website. A lot of the lists are available for free. With some elbow grease and charting, great picks can be found.
  • Multpl.com – I was very reluctant to share this, it’s such an awesome website, lol. Every market-related statistic you may wish to see, all inflation-adjusted since 1880′s to present. On paper everything is really pretty bad and getting worse – S&P dividend yield, US Real GDP, US Median Income Growth, US Income Per Capita… S&P Earnings are rising though, hmmm. Could it be due to the accounting changes? A lot can be done with that, you know… And apparently inflation is at 0% now. If true, then why are the banks now offering 1.35% to 1.55% on term deposits, GIC’s and other savings accounts?
  • Google Reader will be shut down on July 1, 2013. What are you switching to?

 

 

 

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The Real Deal

Don’t mean to get all political on you, but the GMO topic is close to my heart.

Monsanto (MON: 104.04 0.00%)

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Read about this new law at Salon.

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Budget Cuts Lead to Animal Exploitation

“Harry Potter” is rubbing off on the muggles. After budget cuts, employees at a British animal sanctuary trained real live owls to deliver internal mail. Super cute.

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Source: Daily Mail

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