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							<pubDate>Sat, 18 May 2013 07:42:03 EDT</pubDate>
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							<item><title>Meredith Whitney Bullish On US, Equities .</title>
								<link>http://ewallstreeter.com/meredith-whitney-bullish-on-us-equities-3765/</link>
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								<description><![CDATA[<p>By BusinessInsider</p><p>Meredith <a href="http://www.businessinsider.com/blackboard/meredith-whitney" class="hidden_link" style="text-decoration: none; color: rgb(29, 99, 125); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Whitney</a><span style="color: rgb(34, 34, 34); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); "> was just on</span><a href="http://www.businessinsider.com/blackboard/cnbc" class="hidden_link" style="text-decoration: none; color: rgb(29, 99, 125); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">CNBC</a><span style="color: rgb(34, 34, 34); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">'s Closing Bell with</span><a href="http://www.businessinsider.com/blackboard/maria-bartiromo" class="hidden_link" style="text-decoration: none; color: rgb(29, 99, 125); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Maria Bartiromo</a><span style="color: rgb(34, 34, 34); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); "> and the normally skeptical bank analyst came out as a super-bull for the U.S. economy and equities.</span><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); "></p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">"Would you put new money to work in this market right here?" Bartiromo asked her.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">"Yes, absolutely," said Whitney. "I have not been this constructive and bullish on US equities in my career."</p><div><br></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 18 Mar 2013 17:10:11 EDT</pubDate>
							</item><item><title>Everything You Need To Know About the Cyprus Bank Disaster.</title>
								<link>http://ewallstreeter.com/everything-you-need-to-know-about-the-cyprus-bank-disaster-5387/</link>
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								<description><![CDATA[<p>By TheAtlantic</p><p>Imagine you woke up one day to discover you bank account has been raided by another country's government. Just like that, $1 in every $16 of your supposedly safe money is gone. If you're wealthy enough to have more savings, it could be $1 in $10. Is it a nightmare? The opening chapter of a Kafka story? A Bond villain plot to start a bank run and bring down the government?<br><br>Nah, it's just the new reality facing bank depositors in Cyprus. And it might just set off a fresh wave of financial panic in the euro zone. Because we haven't had enough of that lately.<div><div style="font-family: Georgia, 'times new roman', times, serif; font-size: 13px; line-height: 19px; background-color: rgb(255, 255, 255); "><br></div><div style="font-family: Georgia, 'times new roman', times, serif; font-size: 13px; line-height: 19px; background-color: rgb(255, 255, 255); ">Cyprus is the forgotten sick man of Europe. It's so forgotten that it hasn't even cracked the acronym of troubled European economies (the <a href="http://blogs.wsj.com/deals/2011/07/15/piigs-to-the-slaughterhouse-meet-giips/" style="color: rgb(0, 89, 140); text-decoration: none; ">PIIGS or GIIPS</a>, depending on your taste). But being forgotten has made it no less troubled. It needs money. And Germany isn't exactly enthusiastic about handing over money, particularly in an election year for Chancellor Angela Merkel. Indeed, Germany has insisted on more than its usual pound of austerity in return for a bailout. It's insisted that Cyprus pick up a large part of its own check. And that's been terrible news for Cypriot savers. (And Russians. We'll get there, soon.)</div></div><div><br></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 18 Mar 2013 16:10:16 EDT</pubDate>
							</item><item><title>The Next BloomBan: New York Mayor Seeks To Ban Cigarette Displays In Retail Stores.</title>
								<link>http://ewallstreeter.com/the-next-bloomban-new-york-mayor-seeks-to-ban-cigarette-displays-in-retail-stores-7409/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/the-next-bloomban-new-york-mayor-seeks-to-ban-cigarette-displays-in-retail-stores-7409/</guid>
								<description><![CDATA[<p>By ZeroHedge</p><p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); ">Still smarting from his humiliating defeat in court (pending appeal) to ban "large sugary drinks" (because just like in Cyprus nobody can possibly conceive of opening ten €100K accounts instead of one for €1 million, and nobody will buy two 16 oz drinks instead of one 32 oz), Mayor Bloomberg has set his sights on his next nanny state crusade: a proposal banning retail stores from displaying cigarettes as part of his effort to reduce smoking rates in the city. From Reuters: "Bloomberg, who has taken aggressive steps to curb smoking in public places and promote health with various restrictions on restaurants, <em>plans to introduce to the City Council on Wednesday two bills that would require retailers to keep cigarettes in a drawer or other concealed location. </em>"Young people are targets of marketing and the availability of cigarettes, and this legislation will help prevent another generation from the ill health and shorter life expectancy that comes with smoking."</p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); ">It appears that in the billionaire mayor's head, it is the "prominent" display of cigarettes in retail stores that make young people start smoking. Perhaps if Mayor Mike is so concerned about young impressionable people inhaling carcinogens, he will finally enact prohibition to (ab)use EBT cards for cigarette purchases, not to mention paying for booze and lap dances with food stamps. But then again, those are potential votes, and nobody wants to lose a key block of one's electorate.</p><div><br></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 18 Mar 2013 14:45:02 EDT</pubDate>
							</item><item><title>Central Banks Have Plan to Replace Libor.</title>
								<link>http://ewallstreeter.com/central-banks-have-plan-to-replace-libor-3660/</link>
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								<description><![CDATA[<p>By Valuewalk</p><p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">Central </span><a href="http://www.valuewalk.com/tag/banks/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">banks</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); "> worldwide want to replace the London Interbank Offered Rate (</span><a href="http://www.valuewalk.com/tag/Libor/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">LIBOR</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">) with a range of alternative reference rates after a scandal smeared its credibility, according </span><a href="http://www.ibtimes.com/libor-scandal-update-worlds-central-bankers-propose-using-several-rates-1133443" target="_blank" class="external" rel="nofollow" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">report</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); "> from the International Business Times.</span><br></p><p><p style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; font-size: 14px; line-height: 27px; font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; ">Regulators in the United States and United Kingdom ordered <a href="http://www.valuewalk.com/tag/Barclays/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">Barclays</a> PLC (NYSE:BCS) (LON:BARC), Royal Bank of Scotland Group plc (NYSE:<a href="http://www.valuewalk.com/tag/RBS/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">RBS</a>) (LON:RBS) and <a href="http://www.valuewalk.com/tag/UBS/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">UBS</a> AG (NYSE:UBS) to pay a total amount of $2.5 billion <a href="http://www.valuewalk.com/2012/12/ubs-admits-involvement-in-libor-scandal-pays-1-5-billion-penalty/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">as a penalty</a> to settle charges for involvement in manipulating the benchmark rate in all kinds of financial transactions.</p><p style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; font-size: 14px; line-height: 27px; font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; ">Libor is the benchmark used by a group of banks in setting adjustable mortgage rate, interest-rate swaps bought by local and state governments, and other financial transactions worth trillions of dollars. However, <a href="http://www.valuewalk.com/tag/cb/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">central banks</a> have indicated their intention to remove the use of the Libor.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 18 Mar 2013 14:42:47 EDT</pubDate>
							</item><item><title>The Deeper Meanings of Cyprus.</title>
								<link>http://ewallstreeter.com/the-deeper-meanings-of-cyprus-2737/</link>
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								<description><![CDATA[<p>By ZeroHedge</p><p><br></p><p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2"><font size="2"><i>The deposit-confiscation "bailout" of Cyprus reveals much about the Eurozone's fundamental neocolonial, neofeudal structure.</i></font></font></font></p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2"><b>At long last, Europe's flimsy facades of State sovereignty, democracy and free-market capitalism have collapsed, and we see the real machinery laid bare:</b> the Eurozone's political-financial Aristocracy will stripmine every nation's citizenry to preserve their power and protect the banks and bondholders from absorbing losses.</font></font></p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2">The deposit-confiscation "bailout" of Cyprus confirms the Eurozone's fundamental neocolonial, neofeudal structure and the region's political surrender to financialization.</font></font></p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2"><a href="http://www.oftwominds.com/blogmay12/EU-neocolonial5-12.html" target="resource" style="text-decoration: none; color: rgb(102, 102, 102); ">The E.U., Neofeudalism and the Neocolonial-Financialization Model</a> (May 24, 2012)</font></font></p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2"><font size="2"><b>Let's list what Cyprus reveals about the true state of financial-political power in Europe:</b></font></font></font></p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2"><b>1. The Core-Periphery terminology masks the real structure: the E.U. operates on a neocolonial model.</b>In the old <i>Colonialism 1.0</i> model, the colonizing power conquered or co-opted the Power Elites of the periphery regions, and proceeded to exploit the new colonies' resources and labor to enrich the Imperial core.</font></font></p><p style="margin-top: 0.25em; margin-bottom: 0.75em; font-family: 'Lucida Grande', Verdana, sans-serif; font-size: 13px; line-height: 17px; background-color: rgb(255, 255, 255); "><font color="#404040"><font size="2">In Neocolonialism, the forces of financialization (debt and leverage controlled by State-enforced banking cartels) are used to indenture the local Elites and populace to the financial core: the peripheral "colonials" borrow money to buy the finished goods manufactured in the core economies, enriching the Imperial Elites with A) the profits made selling goods to the debtors B) interest on credit extended to the peripheral colonies to buy the core economies' goods and "live large", and C) the transactional skim of financializing peripheral assets such as real estate and State debt.</font></font></p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 18 Mar 2013 14:26:51 EDT</pubDate>
							</item><item><title>After The Banksters Steal Money From Bank Accounts In Cyprus They Will Start Doing It EVERYWHERE.</title>
								<link>http://ewallstreeter.com/after-the-banksters-steal-money-from-bank-accounts-in-cyprus-they-will-start-doing-it-everywhere-8528/</link>
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								<description><![CDATA[<p>By TheEconomicCollapseBlog</p><p><span style="font-family: tahoma, arial, sans-serif; font-size: 13px; text-align: left; background-color: rgb(255, 255, 255); ">Cyprus is a beta test.  The banksters are trying to commit bank robbery in broad daylight, and they are eager to see if the rest of the world will let them get away with it.  Cyprus was probably chosen because it is very small (therefore nobody will care too much about it) and because there is a lot of foreign (i.e. Russian) money parked there.  The IMF and the EU could have easily bailed out Cyprus without any trouble whatsoever, but they purposely decided not to do that.  Instead, they decided that this would be a great time to test the idea of a "wealth tax".  The government of Cyprus was given two options by the IMF and the EU - either they could confiscate money from private bank accounts or they </span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 18 Mar 2013 07:29:16 EDT</pubDate>
							</item><item><title>Why Monetary Policy Is Too BIg To Fail.</title>
								<link>http://ewallstreeter.com/why-monetary-policy-is-too-big-to-fail-3364/</link>
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								<description><![CDATA[<p>By Ritholtz.com</p><p><p style="margin: 0px 0px 15px; font-family: 'PT Serif', Georgia, serif; font-size: 14px; line-height: 21px; background-color: rgb(255, 255, 255); ">I have argued against what I have called “Buzz Lightyear” monetary policy—pledging to hold the federal funds rate at zero seemingly to infinity and beyond, while purchasing longer-term Treasury securities at a pace of $45 billion per month, reinvesting principal payments on all agency debt and agency mortgage-backed securities (MBS) and purchasing MBS at a pace of $40 billion per month.[<a href="http://www.dallasfed.org/news/speeches/fisher/2013/fs130227.cfm#n5" style="color: rgb(0, 119, 118); text-decoration: none; ">5</a>] Indeed, other than our initial program to underpin a recovery in the housing market with our initial tranche of purchases of MBS, I have opposed all other large-scale asset purchases or quantitative easing (QE) programs. Why have I been so obstinate in my opposition to this well-intended program?</p><p style="margin: 0px 0px 15px; font-family: 'PT Serif', Georgia, serif; font-size: 14px; line-height: 21px; background-color: rgb(255, 255, 255); ">I fully understand its theoretical underpinnings. But I question its efficacy.</p><p style="margin: 0px 0px 15px; font-family: 'PT Serif', Georgia, serif; font-size: 14px; line-height: 21px; background-color: rgb(255, 255, 255); ">Confined as the Fed is at the “zero bound,” the only means of adding monetary fuel to the economy has been to purchase Treasury and MBS securities. When we buy something, we pay for it, putting money into the economy. That money—backed by an assurance that the FOMC will hold interest rates at zero and continue large-scale asset purchases for a prolonged period—should, theoretically, be put to use: a) by banks’ lending to consumers and to businesses that will expand employment, or b) by investors who, rediscounting valuations in the fixed-income and equity markets, will drive those markets higher in price, creating a “wealth effect.” This wealth effect should lead to further consumption as well as greater employment by businesses whose balance sheets have been reconfigured and enriched both by the cheapest leverage in American history and by booming prices for their stock.</p></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 17 Mar 2013 08:31:56 EDT</pubDate>
							</item><item><title>Felix Rohatyn Explains Why Detroit May Go Under.</title>
								<link>http://ewallstreeter.com/felix-rohatyn-explains-why-detroit-may-go-under-4381/</link>
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								<description><![CDATA[<p>By BusinessInsider</p><p><span style="color: rgb(34, 34, 34); font-family: Helvetica, Arial, sans-serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">The US city of Detroit is in deep financial trouble. Years of fiscal mismanagement and a shrinking population have left it with $14 billion in debt and a $300-million deficit last year, the auto capital of the country is headed toward bankruptcy.</span><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); "></p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Michigan Governor <a class="hidden_link" href="http://www.businessinsider.com/blackboard/rick-snyder" style="text-decoration: none; color: rgb(29, 99, 125); ">Rick Snyder</a> <a href="http://www.detroitnews.com/article/20130315/METRO01/303150365/" style="text-decoration: none; color: rgb(29, 99, 125); ">just appointed</a> Kevyn Orr, a Washington bankruptcy attorney, to be the city’s “emergency manager,” a role with the power to implement budget measures without the consent of local officials.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Orr led the 2010 restructuring of Chrysler, the US automaker based in Detroit, during the</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 17 Mar 2013 08:29:58 EDT</pubDate>
							</item><item><title>As stocks rise, more join the ranks of millionaires.</title>
								<link>http://ewallstreeter.com/as-stocks-rise-more-join-the-ranks-of-millionaires-4856/</link>
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								<description><![CDATA[<p>By WashingtonPost</p><p><p style="margin: 0px 0px 22px; padding: 0px; font-size: 1.5em; line-height: 1.5em; font-family: Georgia, serif; text-align: left; background-color: rgb(255, 255, 255); ">The stock market has roared back to record-high territory — and the number of U.S. millionaires is not far behind, according to a <a data-xslt="_http" href="http://www.spectrem.com/news/number-uhnw-households-climb-stock-market-rally-624" style="color: rgb(0, 0, 0); ">new report</a>.</p><p style="margin: 0px 0px 22px; padding: 0px; font-size: 1.5em; line-height: 1.5em; font-family: Georgia, serif; text-align: left; background-color: rgb(255, 255, 255); ">The number of U.S. households worth $1 million or more, excluding the value of their homes, surged to nearly 9 million in 2012. That is just below its pre-recession peak of 9.2­ million, according to a report by the Spectrem Group, a Chicago area financial consultant firm.</p><p style="margin: 0px 0px 22px; padding: 0px; font-size: 1.5em; line-height: 1.5em; font-family: Georgia, serif; text-align: left; background-color: rgb(255, 255, 255); "><p style="margin: 0px 0px 22px; padding: 0px; font-size: 1.5em; line-height: 1.5em; ">The stock market has roared back to record-high territory — and the number of U.S. millionaires is not far behind, according to a <a data-xslt="_http" href="http://www.spectrem.com/news/number-uhnw-households-climb-stock-market-rally-624" style="color: rgb(0, 0, 0); ">new report</a>.</p><p style="margin: 0px 0px 22px; padding: 0px; font-size: 1.5em; line-height: 1.5em; ">The number of U.S. households worth $1 million or more, excluding the value of their homes, surged to nearly 9 million in 2012. That is just below its pre-recession peak of 9.2­ million, according to a report by the Spectrem Group, a Chicago area financial consultant firm.</p></p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 17 Mar 2013 08:28:11 EDT</pubDate>
							</item><item><title>The Smartest Man In Global Capital Markets On When The Music Will Stop.</title>
								<link>http://ewallstreeter.com/the-smartest-man-in-global-capital-markets-on-when-the-music-will-stop-6282/</link>
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								<description><![CDATA[<p>By Minyanville</p><p><strong style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">The Outlook </strong><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">So, it's mid-March 2013 and, the </span><strong style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">S&amp;P 500</strong><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "> (</span><a href="http://finance.minyanville.com/minyanville?Page=QUOTE&amp;Ticker=^INX" title="CBOE INTERNET IND" target="_blank" class="lightsGal" style="border: medium none; margin: 0px; padding: 0px; text-decoration: none; color: rgb(194, 114, 52); font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">INDEXSP:.INX</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">) is at 1550, right where I said it would be nine months ago. Allow me to update my thoughts as to where we go from here; vastly more relevant than where we have come from:</span><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "> </span><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">The three major drivers of equity index valuations have been:</span><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "> </span><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><strong style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">1. The generational low ownership structure of the asset class.</strong><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><span style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">The major brokerages went into the end of FY 2012 with about 38-40% of total assets in equity-related securities; that has crept up to about 43% in the year-to-date move we have seen to the upside.  This remains meaningfully below the norm for the 1980-1990s, which was estimated around 65-70%.  Of course, if one subscribes to the PIMCO mantra that the equity culture is effectively "dead": (they have been wrong), then maybe nothing changes.  If, however, Washington can be functional, the equity culture will continue to resurface as that's what the Fed wants.</span><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><br style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); "><strong style="font-family: Arial, Helvetica, sans-serif; font-size: 15px; line-height: 20px; text-align: left; background-color: rgb(255, 255, 255); ">2. The historically overvalued nature of just about all the alternatives asset classes (i.e. fixe...]]></description>
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								<pubDate>Sun, 17 Mar 2013 08:24:03 EDT</pubDate>
							</item><item><title>Help Us Improve eWallstreeter- Submit Changes That You Want Us To Make</title>
								<link>http://ewallstreeter.com/help-us-improve-ewallstreeter-submit-changes-that-you-want-us-to-make-6337/</link>
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								<description><![CDATA[<p>By eWallstreeter</p><p>Please give us for feedback on eWallstreeter.com</p><p>- Anything that you want us to change</p><p>-What you like/dislike</p><p>-Any new topics that you would like us to add</p><p>_ Any websites we should add to any topic</p><p>Thanks for your comments in helping us improve eWallstreeter for you.</p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 17 Mar 2013 08:16:34 EDT</pubDate>
							</item><item><title>Startup: Don't Pay Full Price for a Movie Ticket.</title>
								<link>http://ewallstreeter.com/startup-don-t-pay-full-price-for-a-movie-ticket-4399/</link>
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								<description><![CDATA[<p>By CNBC</p><p><p style="margin: 11px 0px 0px; padding: 0px; font-family: Georgia, Times, 'Times New Roman', serif; font-size: 14px; line-height: 22px; background-color: rgb(255, 255, 255); ">With the cost of U.S. movie tickets rising, one <a href="http://www.cnbc.com/id/44877279" style="color: rgb(0, 87, 144); text-decoration: none; ">startup </a>is looking to revolutionize the market by allowing theatergoers to buy tickets for 30 to 60 percent off. And theater owners are beginning to buy in. <br></p><p style="margin: 11px 0px 0px; padding: 0px; font-family: Georgia, Times, 'Times New Roman', serif; font-size: 14px; line-height: 22px; background-color: rgb(255, 255, 255); "><a href="https://www.dealflicks.com/" style="color: rgb(0, 87, 144); text-decoration: none; ">Dealflicks </a>, a San Francisco-based company, is looking to do for the movie theater market what Hotwire.com (<a href="http://finance.yahoo.com/q?s=expe" style="color: rgb(0, 87, 144); text-decoration: none; ">EXPE</a>) and Priceline.com (<a href="http://finance.yahoo.com/q?s=pcln" style="color: rgb(0, 87, 144); text-decoration: none; ">PCLN</a>) have done for the travel sector. Dealflicks CEO Sean Wycliffe recently told CNBC's <a href="http://us.lrd.yahoo.com/_ylt=Ao6HG5jhSRD.hPzDErMfOz.CuodG;_ylu=X3oDMTFqaGFmbHBnBG1pdANBcnRpY2xlIEJvZHkEcG9zAzUEc2VjA01lZGlhQXJ0aWNsZUJvZHlBc3NlbWJseQ--;_ylg=X3oDMTJuMTc1YjZtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDM2Q5OTYzYWEtZDkwZi0zNTg2LWFiZDEtZmNjZjU2M2YyY2U1BHBzdGNhdANjbmJjBHB0A3N0b3J5cGFnZQ--;_ylv=0/SIG=11jr3j04k/EXP=1364731783/**http%3A//www.cnbc.com/id/15838381" style="color: rgb(0, 87, 144); text-decoration: none; ">"Squawk on the Street" </a>that 88 percent of movie theater seats are left vacant - a void Dealflick hopes to fill.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 17 Mar 2013 08:11:50 EDT</pubDate>
							</item><item><title>Cyprus Bailout Risks Europe Bank Runs .</title>
								<link>http://ewallstreeter.com/cyprus-bailout-risks-europe-bank-runs-3556/</link>
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								<description><![CDATA[<p>By BusinessInsider</p><p><br></p><p><div class="image-container" style="margin: 0px; padding: 0px; line-height: 1.2em; min-width: 250px; color: rgb(34, 34, 34); font-family: Helvetica, Arial, sans-serif; font-size: 15px; text-align: left; background-color: rgb(255, 255, 255); width: 620px; "><p class="caption" style="margin: 0.25em 0px 0px; padding: 0px; font-size: 14px; font-weight: bold; ">Bank run in New York in 1933.</p></div><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); "></p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">You can be forgiven for thinking that you don't need to give a hoot about what's going on in Cyprus this weekend.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">After all, it's just a little island somewhere in the Mediterranean.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">But what's going on in Cyprus could actually matter--not just to the rest of Europe, but to the rest of the world.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Here's the short version of what's happening:</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Cyprus's banks, like many banks in Europe, are bankrupt.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Cyprus went to the Eurozone to get a bailout, the same way Ireland, Greece, and other European countries have.</p><p style="margin: 1em 0px 0px; padding: 0px; font-size: 15px; font-family: Helvetica, Arial, sans-serif; color: rgb(34, 34, 34); line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">The Eurozone powers-that-be gave Cyprus a bailout--but with a startling condition that has never before been imposed on any major banking system since the start of the global financial crisis in 2008.</p></p>]]></description>
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								<pubDate>Sat, 16 Mar 2013 22:28:51 EDT</pubDate>
							</item><item><title>17 Signs That A Full-Blown Economic Depression Is Raging In Southern Europe- Is US Next</title>
								<link>http://ewallstreeter.com/signs-that-a-full-blown-economic-depression-is-raging-in-southern-europe--is-us-next-7628/</link>
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								<description><![CDATA[<p>By TheEconomicCollapseBlog</p><p><span style="font-family: tahoma, arial, sans-serif; font-size: 13px; text-align: left; background-color: rgb(255, 255, 255); ">When you get into too much debt, eventually really bad things start to happen.  This is a very painful lesson that southern Europe is learning right now, and it is a lesson that the United States will soon learn as well.  It simply is not possible to live way beyond your means forever.  You can do it for a while though, and politicians in the U.S. and in Europe keep trying to kick the can down the road and extend the party, but the truth is that debt is a very cruel master and at some point it inevitably catches up with you.  And when it catches up with you, the results can be absolutely devastating.  Greece, Italy, Spain and Portugal all tried to just slow down the rate at which their government debts were increasing, and look at what happened to their economies.  In each case, GDP is shrinking, unemployment is skyrocketing, credit is freezing up and manufacturing is declining.  And you know what?  None of those countries has even gotten close to a balanced budget yet.  They are all still going into even more debt.  Just imagine what would happen if they actually tried to only spend the money that they brought in?</span><br></p>...]]></description>
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								<pubDate>Fri, 15 Mar 2013 05:47:00 EDT</pubDate>
							</item><item><title>What If Apple Followed Warren Buffett's Advice? .</title>
								<link>http://ewallstreeter.com/what-if-apple-followed-warren-buffett-s-advice-4415/</link>
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								<description><![CDATA[<p>By DailyFinance</p><p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><strong>Apple</strong> will announce plans for its cash hoard next month, according to Howard Ward, chief investment officer at investment firm Gamco. But if this rumor proves true, the most important question remains unanswered: How will Apple return cash to shareholders? Would the company be wise to take ace investor Warren Buffett's advice, and repurchase more shares?</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><strong>Share buyback programs enhance shareholder value<br></strong>Share buybacks offer corporations a tax-free way to build shareholder value by buying back their own shares and, in turn, increasing shareholders' ownership percentage per share.</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">Buffett has been known to criticize companies for buying back their shares, but it's never because he thinks share repurchase programs are inherently bad. Instead, he criticizes companies for overpaying for their own stock.</p><div><br></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 13 Mar 2013 06:01:34 EDT</pubDate>
							</item><item><title>Mark Cuban On The Howard Stern Show-Video</title>
								<link>http://ewallstreeter.com/mark-cuban-on-the-howard-stern-show-video-3656/</link>
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								<description><![CDATA[<p>By HowardSternShow</p><p><a href="http://www.youtube.com/watch?hl=en&amp;client=mv-google&amp;gl=GB&amp;v=4zkTUN8-mjA&amp;nomobile=1">Click HERE</a> for Video</p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 13 Mar 2013 05:44:23 EDT</pubDate>
							</item><item><title>How 3D Printing Will Transform Medicine.</title>
								<link>http://ewallstreeter.com/how-d-printing-will-transform-medicine-3632/</link>
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								<description><![CDATA[<p>By BusinessInsider</p><p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "><span style="line-height: 1.5em; ">As of right now, 3D printing remains a bit of a novelty. Sure, you can </span><a href="http://www.businessinsider.com/3d-printing-is-turning-bits-into-atoms-2012-11" style="text-decoration: none; color: rgb(29, 99, 125); ">design your own shoes, pretend you're on "Star Trek,"</a><span style="line-height: 1.5em; "> or dream up a </span><a href="http://www.businessinsider.com/the-game-changing-urbee-car-is-3d-printed-2013-2" style="text-decoration: none; color: rgb(29, 99, 125); ">three-wheel hybrid car</a><span style="line-height: 1.5em; ">, but 3D printing's practical implications for business have yet to capture the public imagination.</span></p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">When will 3D printing start fundamentally changing the business landscape—or are we there already? We talked to Jochen Rode, who heads the digital manufacturing program of <a href="http://www.sap.com/index.epx" target="_blank" style="text-decoration: none; color: rgb(29, 99, 125); ">SAP</a>’s research department in Dresden, Germany, about which industries this new technology affects most, as well as how long it will be before doctors start printing out our organs.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "><br></p></p>...]]></description>
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								<pubDate>Wed, 13 Mar 2013 05:41:59 EDT</pubDate>
							</item><item><title>Quantitative Easing: The Greatest Con Ever Sold.</title>
								<link>http://ewallstreeter.com/quantitative-easing-the-greatest-con-ever-sold-4386/</link>
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								<description><![CDATA[<p>By Minyanville</p><p><span style="font-family: Arial, Helvetica, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">Last week the bond market continued to be put to the test, and if it could go wrong, it did go wrong.  Across the board stronger than expected economic data, including Friday’s better than expected employment data, provided plenty off ammo for risk behavior that saw the yen make new lows against the dollar, pushing equities to new highs with the </span><strong style="font-family: Arial, Helvetica, sans-serif; text-align: left; ">Dow </strong><span style="font-family: Arial, Helvetica, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">(</span><a href="http://finance.minyanville.com/minyanville?Page=QUOTE&amp;Ticker=^DJI" title="Dow Jones Industr" target="_blank" class="lightsGal" style="border: medium none; margin: 0px; padding: 0px; text-decoration: none; font-family: Arial, Helvetica, sans-serif; text-align: left; color: rgb(194, 114, 52); ">INDEXDJX:.DJI</a><span style="font-family: Arial, Helvetica, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">) making a new all-time high seemingly every day. The upward momentum was not lost on the mainstream media as on Thursday I heard CBS Evening News anchor Scott Pelly refer to the announcement of a new high as sounding like “a broken record.”</span><span style="font-family: Arial, Helvetica, sans-serif; text-align: left; "><br><br></span></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 13 Mar 2013 05:40:56 EDT</pubDate>
							</item><item><title>Apple Inc. (AAPL) Is Still Most Popular Hedge Fund Stock.</title>
								<link>http://ewallstreeter.com/apple-inc-aapl-is-still-most-popular-hedge-fund-stock-4783/</link>
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								<description><![CDATA[<p>By Valuewalk</p><p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">Apple Inc. (NASDAQ:</span><a href="http://www.valuewalk.com/tag/Apple/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">AAPL</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">) is the most popular stock owned by hedge funds, regardless of  the size of the position during the fourth quarter of 2012, according to a report released by analysts at </span><a href="http://www.valuewalk.com/tag/Bank-of-America/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">Bank of America</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); "> Merrill Lynch (</span><a href="http://www.valuewalk.com/tag/BAML/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">BAML</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">).</span><br></p><p><a href="http://www.valuewalk.com/tag/AIG/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">American International Group</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); "> (NYSE:AIG) and </span><a href="http://www.valuewalk.com/tag/Google/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); ">Google</a><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); "> Inc (NASDAQ:GOOG) ranked second and third, respectively. Based on the report, 231 hedge funds held the stock of the iPhone maker, 216 hedge funds owned the shares of the insurance giant while 202 hedge funds held the insurance giant during the period.</span><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 27px; text-align: justify; background-color: rgb(255, 255, 255); "><br></span></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Tue, 12 Mar 2013 14:04:26 EDT</pubDate>
							</item><item><title>Apple's Real Value Is Its Option Value.</title>
								<link>http://ewallstreeter.com/apple-s-real-value-is-its-option-value-3513/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/apple-s-real-value-is-its-option-value-3513/</guid>
								<description><![CDATA[<p>By DailyFinance</p><p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">The debate about whether <strong>Apple </strong>is still a great investment has reached a fever pitch in the past six months. There are plausible arguments for both bulls and bears. Simply pointing to Apple's P/E of 10 and its tremendous cash stockpile cannot win the debate for bulls. On the other hand, bears overlook the option value of Apple. What I mean by "option value" is the value of growth possibilities from new product lines that may or may not come to fruition.</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">Apple bears claim that the company has stopped innovating since Steve Jobs passed away. However, given Apple's legendary secrecy, there is no way they can know this is true. If -- contrary to the bears' expectations -- Apple manages to create another innovative and desirable product line, the stock could quickly return to its former glory. Thus, even if bears are right that the value of Apple's cash stockpile and existing product lines (principally iPhone, iPad, Mac, and iPod) are fully reflected in its stock price, Apple inv</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 11 Mar 2013 19:24:04 EDT</pubDate>
							</item><item><title>The Coming Collapse of the Middle East?.</title>
								<link>http://ewallstreeter.com/the-coming-collapse-of-the-middle-east-3536/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/the-coming-collapse-of-the-middle-east-3536/</guid>
								<description><![CDATA[<p>By Slate</p><p><div class="text parbase section" style="margin: 1.5em 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline; font-family: verdana, sans-serif; line-height: 18px; "><p style="margin: 0px; padding: 0px; border: 0px; font-size: 12px; font: inherit; vertical-align: baseline; ">On Feb. 26, 2003, President George W. Bush gave a <a href="http://www.presidentialrhetoric.com/speeches/02.26.03.html" target="_blank" style="color: rgb(86, 129, 140); text-decoration: none; ">speech</a> at the American Enterprise Institute, spelling out what he saw as the link between freedom and security in the Middle East. “A liberated Iraq,” he said, “can show the power of freedom to transform that vital region” by serving “as a dramatic and inspiring example … for other nations in the region.”</p></div><div class="text parbase section" style="margin: 1.5em 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline; font-family: verdana, sans-serif; line-height: 18px; "><p style="margin: 0px; padding: 0px; border: 0px; font-size: 12px; font: inherit; vertical-align: baseline; ">He invaded Iraq three weeks later. The spread of freedom wasn’t the war’s driving motive, but it was considered an enticing side effect, and not just by Bush. His deputy secretary of defense, <a href="http://www.nytimes.com/2002/09/22/magazine/the-sunshine-warrior.html?pagewanted=all&amp;src=pm" target="_blank" style="color: rgb(86, 129, 140); text-decoration: none; ">Paul Wolfowitz</a>, had mused the previous fall that the spark ignited by regime-change “would be something quite significant for Iraq … It’s going to cast a very large shadow, starting with Syria and Iran, but across the whole Arab world.”</p></div><div class="text parbase section" style="margin: 1.5em 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline; font-family: verdana, sans-serif; line-height: 18px; "><p style="margin: 0px; padding: 0px; border: 0px; font-size: 12px; font: inherit; vertical-align: baseline; ">Ten years later, it’s clear that the Iraq war cast “a very large shadow” indeed, but it was a much darker shadow than the fantasists who ran American foreign policy back then foresaw. Bush believed that freedom was humanity’s natural state: Blow away the manhole-cover that a tyrant pressed down on his people, and freedom would gush forth like a geyser. Yet when Saddam Hussein was toppled, the main thing liberated was the blood hatred that decades of dictatorship had suppressed beneath the surface.</p></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 11 Mar 2013 19:18:49 EDT</pubDate>
							</item><item><title>Goldman Sachs Economist Worried About The Stock Market</title>
								<link>http://ewallstreeter.com/goldman-sachs-economist-worried-about-the-stock-market-5029/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/goldman-sachs-economist-worried-about-the-stock-market-5029/</guid>
								<description><![CDATA[<p>By BusinessInsider</p><p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">However, Goldman economist <a href="http://www.businessinsider.com/jim-oneill-2013-ambrosetti-presentation-2013-3" style="text-decoration: none; color: rgb(29, 99, 125); ">Jim O'Neill is getting increasingly concerned</a> that the stock market is getting expensive.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">In the near-term, he thinks momentum could drive stocks higher.  But we warns that valuations are getting rich.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">From his latest <a href="http://www.gs.com/gsam/advisors/education/viewpoints_from_chairman/viewpoints-pdfs/q1_2013/european-glory.pdf" style="text-decoration: none; color: rgb(29, 99, 125); ">Viewpoints </a>note:</p><p style="margin: 1em 0px 0px; padding: 0px 0px 0px 30px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">The strength of last week’s US data is leading the consensus to revise upwards their forecasts for 2013 real GDP. Having been notably higher than the consensus since autumn 2012, GSAM is rather pleased about that as a number of investment strategies have prospered from it. Of course, and as I discussed last week and in recent Viewpoints, this is despite the ongoing and sometimes unchosen fiscal tightening in the US, and is a marked contrast to Europe. Not surprisingly, all of the US bond, equity and currency markets are reacting accordingly. <strong style="font-style: inherit; ">I am not that confident about what happens next and as to whether all these trends are going to continue, not least because May is now less than two months away and the infamous “Sell in May and go away, come back on St Leger’s Day” (which I am physically actually going to be doing post retirement, of course!). US equities seem set to strengthen further in the near term, given the momentum in the data, but as page 47 shows, they are hardly bargain basement these days from a CAPE perspective</strong>. As for bonds and the Dollar, the market is adjusting its future profile for the Fed and starting to think that the Fed will have to change its own views, but I am not sure, in light of the actual (and prospect of more) fiscal tighteni</p><span style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "><br><br></span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 11 Mar 2013 19:12:38 EDT</pubDate>
							</item><item><title>Morgan Stanley Hires CNBC’s Kaminsky for Brokerage Position.</title>
								<link>http://ewallstreeter.com/morgan-stanley-hires-cnbc-s-kaminsky-for-brokerage-position-5958/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/morgan-stanley-hires-cnbc-s-kaminsky-for-brokerage-position-5958/</guid>
								<description><![CDATA[<p>By Bloomberg</p><p><p style="margin: 0px; padding: 10px 0px; border: 0px; outline: 0px; font-size: 15px; vertical-align: baseline; background-color: rgb(255, 255, 255); font-family: Arial; line-height: 1.6em; "><a topic_url="http://topics.bloomberg.com/morgan-stanley/" href="http://www.bloomberg.com/quote/MS:US" density="sparse" title="Get Quote" ticker="MS:US" class="web_ticker" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background-color: transparent; color: rgb(0, 102, 204); text-decoration: none; background-repeat: no-repeat no-repeat; ">Morgan Stanley (MS)</a>, owner of the world’s largest brokerage, hired CNBC’s Gary Kaminsky as a vice chairman in wealth management.</p><p style="margin: 0px; padding: 10px 0px; border: 0px; outline: 0px; font-size: 15px; vertical-align: baseline; background-color: rgb(255, 255, 255); font-family: Arial; line-height: 1.6em; ">Kaminsky, who was the cable television network’s capital- markets editor, will work with Morgan Stanley’s financial advisers on client development, Greg Fleming, 50, president of the brokerage unit, wrote today in a memo to employees, a copy of which was obtained by Bloomberg News. Jim Wiggins, a spokesman for the New York-based bank, confirmed the memo’s contents.</p><p style="margin: 0px; padding: 10px 0px; border: 0px; outline: 0px; font-size: 15px; vertical-align: baseline; background-color: rgb(255, 255, 255); font-family: Arial; line-height: 1.6em; ">Kaminsky will continue to be a CNBC contributor, according to the memo. He previously helped manage an investment portfolio of more than $12 billion at Neuberger Berman Group LLC, where he worked from 1999 to 2008, according to the memo. Neuberger Berman was part of Lehman Brothers Holdings Inc., which collapsed in 2008 amid the financial crisis.</p></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 11 Mar 2013 18:58:14 EDT</pubDate>
							</item><item><title>Where banks really make money on IPOs.</title>
								<link>http://ewallstreeter.com/where-banks-really-make-money-on-ipos-3455/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/where-banks-really-make-money-on-ipos-3455/</guid>
								<description><![CDATA[<p>By Reuters</p><p><p style="margin: 0px 0px 10px; padding: 0px; font-size: 14px; line-height: 22px; font-family: arial, helvetica, sans; background-color: rgb(255, 255, 255); ">Every time an IPO has a big pop on its opening day, the same tired debate gets reprised: did the investment banks leading the deal rip off the company raising equity capital? The arguments on both sides are well rehearsed — I <a href="http://blogs.reuters.com/felix-salmon/2011/05/23/the-linkedin-ipo-debate/" style="color: rgb(0, 110, 151); text-decoration: none; cursor: pointer; ">covered them myself</a> in no little detail, for instance, after LinkedIn went public, in 2011.</p><p style="margin: 0px 0px 10px; padding: 0px; font-size: 14px; line-height: 22px; font-family: arial, helvetica, sans; background-color: rgb(255, 255, 255); ">Back then, I had sympathy with the bankers:</p><blockquote style="border-left-width: 8px; border-left-style: solid; border-left-color: rgb(204, 204, 204); padding-left: 8px; font-family: arial, helvetica, sans; font-size: 14px; line-height: 22px; background-color: rgb(255, 255, 255); "><p style="margin: 0px 0px 10px; padding: 0px; line-height: 1.6; ">If the large 7% fee does anything, it aligns the banks’ interests with the issuer’s. If the banks felt they could make millions more dollars for themselves just by raising the offering price, it’s reasonable to assume that they would have done so. I’m sure that the institutions which were granted IPO access are grateful to the banks for the money they made, but that gratitude isn’t worth a ten-figure sum to the ECM divisions of the banks in question.</p><div><br></div></blockquote></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Mon, 11 Mar 2013 07:17:26 EDT</pubDate>
							</item><item><title>Facebook Inc (FB) Has Enormous Upside.</title>
								<link>http://ewallstreeter.com/facebook-inc-fb-has-enormous-upside-3257/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/facebook-inc-fb-has-enormous-upside-3257/</guid>
								<description><![CDATA[<p>By InsiderMonkey</p><p><strong style="list-style-type: none; margin: 0px; padding: 0px; color: rgb(25, 25, 25); font-family: georgia, serif; font-size: 15px; line-height: 23px; text-align: justify; white-space: pre-wrap; background-color: rgb(255, 255, 255); ">Facebook Inc (NASDAQ:FB)</strong><span style="color: rgb(25, 25, 25); font-family: georgia, serif; font-size: 15px; line-height: 23px; text-align: justify; white-space: pre-wrap; background-color: rgb(255, 255, 255); "> </span><span style="list-style-type: none; margin: 0px; padding: 0px; color: rgb(25, 25, 25); font-family: georgia, serif; font-size: 15px; line-height: 23px; text-align: justify; white-space: pre-wrap; background-color: rgb(255, 255, 255); "><span style="list-style-type: none; margin: 0px; padding: 0px; ">has made strong progress on the monetization front and completed its transition towards evolving into a mobile-based company in 2012. The stock hasn't been well received after year-end earnings and took a decent hit. Investors and analysts raised concerns about Facebook Inc (NASDAQ:<a title="Click here to See FB News, Hedge Fund Holdings, and Insider Trading Data" href="http://www.insidermonkey.com/insider-trading/company/facebook+inc/1326801/" style="list-style-type: none; margin: 0px; padding: 0px; text-decoration: none; color: rgb(20, 69, 116); -webkit-transition: all 0.1s ease-in; font-weight: 700; ">FB</a>)'s near term operating expenditures owing to heavy investments in its business. However, Facebook's moat is ever increasing and has enormous upside in the long run.</span></span><br></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 10 Mar 2013 18:41:01 EDT</pubDate>
							</item><item><title>Correlation Between US Stocks And Dollar.</title>
								<link>http://ewallstreeter.com/correlation-between-us-stocks-and-dollar-3754/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/correlation-between-us-stocks-and-dollar-3754/</guid>
								<description><![CDATA[<p>By BusinessINSIDER</p><p><span style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; background-color: rgb(255, 255, 255); ">The weak dollar has been seen as a key driver of the stock market recovery in recent years.</span><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "></p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">Since the early 2000s, "a weaker dollar brought higher EPS yet little inflation,"  wrote <a class="hidden_link" href="http://www.businessinsider.com/blackboard/deutsche-bank" style="text-decoration: none; color: rgb(29, 99, 125); ">Deutsche Bank</a>'s David Bianco in a new note to clients.  "S&amp;P foreign profits increased to 40% of total profits from 20% in late 1990s. S&amp;P EPS benefits from a weaker dollar through <a class="hidden_link" href="http://www.businessinsider.com/blackboard/fx" style="text-decoration: none; color: rgb(29, 99, 125); ">FX</a> translation and usually higher commodity prices."</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">But in recent weeks, the U.S. dollar and the stock market have been <a href="http://www.businessinsider.com/morgan-stanley-on-us-dollar-2013-3" style="text-decoration: none; color: rgb(29, 99, 125); "> moving in tandem</a>.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">And Bianco thinks this is good news.  From his note:</p><p style="margin: 1em 0px 0px; padding: 0px 0px 0px 30px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "></p><span style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "><br><br></span></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 10 Mar 2013 18:35:18 EDT</pubDate>
							</item><item><title>Jeremy Siegel On The Odds Of Dow 18,000.</title>
								<link>http://ewallstreeter.com/jeremy-siegel-on-the-odds-of-dow-3135/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/jeremy-siegel-on-the-odds-of-dow-3135/</guid>
								<description><![CDATA[<p>By BusinessInsider</p><p><span style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; background-color: rgb(255, 255, 255); ">The Dow made new highs this week, ending Friday at an all-time closing high of 14,397.07.</span><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "></p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">One of the most well-known stock market bulls is <a class="hidden_link" href="http://www.businessinsider.com/blackboard/wharton" style="text-decoration: none; color: rgb(29, 99, 125); ">Wharton</a> professor Jeremy Siegel, who is known for his long historical analysis of stock market returns.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">Siegel and his assistant Jeremy Schwartz (who is the research director at the ETF company WisdomTree, which Siegel is involved with) are the subject of a <a href="http://online.barrons.com/article/SB50001424052748704836204578342261659483212.html?mod=BOL_hpp_mag#articleTabs_article%3D0" style="text-decoration: none; color: rgb(29, 99, 125); ">Barron's piece this weekend</a> about how high the Dow can get in the next couple of years.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">Their answer? 15,000 this year looks easy. The 16,000-17,000 range is also possible. And there's a 50/50 chance of Dow 18,000 by the end of next year.</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; ">How do they arrive at these numbers?</p><p style="margin: 1em 0px 0px; padding: 0px; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "></p><span style="font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16px; text-align: left; "><br><br></span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 10 Mar 2013 12:23:42 EDT</pubDate>
							</item><item><title>Here's What Tiger Global, a Hedge Fund Pioneer, Has Been Buying .</title>
								<link>http://ewallstreeter.com/here-s-what-tiger-global-a-hedge-fund-pioneer-has-been-buying-5601/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/here-s-what-tiger-global-a-hedge-fund-pioneer-has-been-buying-5601/</guid>
								<description><![CDATA[<p>By DailyFinance</p><p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">Every quarter, many money managers have to disclose what they've bought and sold, via "13F" filings. Their latest moves can shine a bright light on smart stock picks.</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">Today let's look at Tiger Global Management, founded by Julian Robertson in 1980. Robertson, a hedge fund pioneer, reportedly racked up average annual gains of more than 30% in the 1980s and 1990s, and today his fund mainly manages his own money. His style is to go both long and short on stocks, explaining: "Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you should probably be in another business."</p></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 10 Mar 2013 04:28:25 EDT</pubDate>
							</item><item><title>Would Warren Buffett Ever Buy Apple?.</title>
								<link>http://ewallstreeter.com/would-warren-buffett-ever-buy-apple-3339/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/would-warren-buffett-ever-buy-apple-3339/</guid>
								<description><![CDATA[<p>By DailyFinance</p><p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">In the following video, Fool senior technology analyst Eric Bleeker looks at a question that could seem ludicrous given <strong>Berkshire Hathaway</strong>'s traditional aversion to technology: Would Warren Buffett ever buy Apple?</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">In spite of Buffett's long stance that technology is either too complicated or lacks the right long-term competitive advantages for his investing style, recent evidence points to his having more interest in the space than he lets on. </p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">For example, Berkshire took a position in <strong>Intel </strong> back in 2011. The deal was small enough that it was almost assuredly from potential Buffett successor Todd Combs. Also, in a surprising move that eschewed its traditional long-term focus, Berkshire sold the position within a year's time for healthy gains. Yet the fact that Berkshire would invest in something that competes on the most cutting edge of technology -- the non-stop march of semiconductor technologies -- was intriguing. </p><div><br></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Sun, 10 Mar 2013 04:24:53 EDT</pubDate>
							</item><item><title>Billionaire David Tepper’s Cheap Stock Picks Include Apple Inc. (AAPL).</title>
								<link>http://ewallstreeter.com/billionaire-david-tepper-s-cheap-stock-picks-include-apple-inc-aapl-6602/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/billionaire-david-tepper-s-cheap-stock-picks-include-apple-inc-aapl-6602/</guid>
								<description><![CDATA[<p>By InsiderMonkey</p><p><span style="font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">Appaloosa’s top pick at the end of December was </span><strong style="list-style-type: none; margin: 0px; padding: 0px; font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">Apple Inc. (NASDAQ:AAPL)</strong><span style="font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">, after having increased its holdings by 75% in Q4. </span><strong style="list-style-type: none; margin: 0px; padding: 0px; font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">American International Group Inc (NYSE:AIG)</strong><span style="font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); "> passed Apple Inc. (NASDAQ:AAPL) to become the most popular stock among hedge funds in the fourth quarter </span><a href="http://www.insidermonkey.com/blog/american-international-group-inc-aig-is-hedge-funds%E2%80%99-new-no-1-65497/" style="list-style-type: none; margin: 0px; padding: 0px; text-decoration: none; color: rgb(20, 69, 116); -webkit-transition: all 0.1s ease-in; font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">(find more of the most popular stocks among hedge funds)</a><span style="font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); "> as investors increasingly worry about Apple’s margins. Wall Street analysts are bullish, with their forecasts implying that Apple Inc. (NASDAQ:AAPL)’s five-year PEG ratio is only 0.5. We think that the sell-side is being optimistic, but even if Apple keeps its earnings about flat it should be a good value.</span><span style="list-style-type: none; margin: 0px; padding: 0px; font-family: proxima-nova, sans-serif; text-align: left; background-color: rgb(255, 255, 255); "><br style="list-style-type: none; margin: 0px; padding: 0px; "></span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 13:35:03 EST</pubDate>
							</item><item><title>Google’s awesome ‘Field Trip’ app launches for Apple’s iPhone.</title>
								<link>http://ewallstreeter.com/google-s-awesome-field-trip-app-launches-for-apple-s-iphone-7424/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/google-s-awesome-field-trip-app-launches-for-apple-s-iphone-7424/</guid>
								<description><![CDATA[<p>By VentureBeat</p><p><p style="outline: none medium; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline; font-family: 'Open Sans', sans-serif; line-height: 20px; text-align: left; ">Google already has <a href="http://venturebeat.com/2013/02/14/comscores-state-of-the-digital-union-6-trillion-ads-google-has-5-of-the-6-most-popular-apps-and-more/" style="outline: none medium; color: rgb(239, 51, 32); text-decoration: none; ">five of the six most popular apps in America</a>, with Google Maps, Search, Gmail, YouTube, and Google Play. But that is apparently not enough for the search-and-mobile-and-everything giant.</p><p style="outline: none medium; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline; font-family: 'Open Sans', sans-serif; line-height: 20px; text-align: left; ">So the company is now extending Field Trip, the Android-based “guide to the cool, hidden, and unique things in the world around you,” over to iOS for both iPhone and iPad. And the <a href="http://venturebeat.com/2012/09/27/googles-new-field-trip-virtually-augmenting-the-awesomeness-of-reality/" style="outline: none medium; color: rgb(239, 51, 32); text-decoration: none; ">app that was already awesome five months ago</a> now has double the content partners.</p><span style="outline: none medium; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline; font-family: 'Open Sans', sans-serif; line-height: 20px; text-align: left; "><br style="outline: none medium; "></span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 13:33:47 EST</pubDate>
							</item><item><title>Why Redfin, Zillow, and Trulia Haven't Killed Off Real Estate Brokers.</title>
								<link>http://ewallstreeter.com/why-redfin-zillow-and-trulia-haven-t-killed-off-real-estate-brokers-6294/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/why-redfin-zillow-and-trulia-haven-t-killed-off-real-estate-brokers-6294/</guid>
								<description><![CDATA[<p>By Bloomberg</p><p><p class="" style="margin: 0px 0px 1.5em; padding: 0px; border: 0px; font-size: 1.2em; vertical-align: baseline; line-height: 1.5em; color: rgb(34, 34, 34); font-family: Georgia, serif; ">Over the last decade, the Internet has seeped into that bedrock of the U.S. economy: the housing market. A group of growing and mostly profitable websites have sprung up to help guide consumers through what in many cases will be the largest and most nerve-wracking transaction of their lives. Four sites—Redfin and <span class="ticker_wrap" style="margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; ">Zillow (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=Z" class="ticker" data-symbol="Z" style="color: rgb(0, 124, 213); text-decoration: none; ">Z</a>)</span>, based in Seattle, and <span class="ticker_wrap" style="margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; ">Trulia (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=TRLA" class="ticker" data-symbol="TRLA" style="color: rgb(0, 124, 213); text-decoration: none; ">TRLA</a>)</span> and Realtor.com, based in the San Francisco Bay Area—attract 61 million of the 67 million visitors to real estate websites each month in the U.S., according to <span class="ticker_wrap" style="margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; ">ComScore (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=SCOR" class="ticker" data-symbol="SCOR" style="color: rgb(0, 124, 213); text-decoration: none; ">SCOR</a>)</span>. They also generate hundreds of millions in revenue and have helped turn buying a house into entertainment—a spectator sport that can be enjoyed without darting surreptitiously into random open houses. Ninety percent of consumers now start their real estate journeys on the Web, according to the National Association of Realtors.</p><div><br></div></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 13:30:38 EST</pubDate>
							</item><item><title>So the message from the markets is by no means a happy one-</title>
								<link>http://ewallstreeter.com/so-the-message-from-the-markets-is-by-no-means-a-happy-one-5358/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/so-the-message-from-the-markets-is-by-no-means-a-happy-one-5358/</guid>
								<description><![CDATA[<p>By NYTimes</p><p><span style="font-family: georgia, 'times new roman', times, serif; font-size: 15px; line-height: 22px; text-align: left; background-color: rgb(255, 255, 255); ">Four years ago, as a newly elected president began his efforts to rescue the economy and strengthen the social safety net, conservative economic pundits — people who claimed to understand markets and know how to satisfy them — warned of imminent financial disaster. Stocks, they declared, would plunge, while interest rates would soar.</span><br></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 13:28:51 EST</pubDate>
							</item><item><title>The Cruel Things President Obama Is Doing To The Labor Market.</title>
								<link>http://ewallstreeter.com/the-cruel-things-president-obama-is-doing-to-the-labor-market-5482/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/the-cruel-things-president-obama-is-doing-to-the-labor-market-5482/</guid>
								<description><![CDATA[<p>By Forbes</p><p><p style="margin: 15px 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; vertical-align: baseline; line-height: 24px; font-family: Georgia, 'Times New Roman', serif; word-wrap: break-word; text-align: left; ">President Obama’s proposal to increase the minimum wage and the health insurance employer mandate will combine to destroy job opportunities for young, unskilled workers in cities and towns across the country.</p><p style="margin: 15px 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; vertical-align: baseline; line-height: 24px; font-family: Georgia, 'Times New Roman', serif; word-wrap: break-word; text-align: left; ">The minimum wage, currently set at $7.25 an hour, will jump to $9 an hour and be indexed going forward if the president gets his way. The Affordable Care Act (ObamaCare) is already the law of the land and its effects are being felt right now, even though the employer mandate doesn’t go into effect until next January.</p><div><br></div></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 13:26:39 EST</pubDate>
							</item><item><title>Warren Buffett's 5 Favorite Stocks - DailyFinance</title>
								<link>http://ewallstreeter.com/warren-buffett-s-favorite-stocks-dailyfinance-4533/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/warren-buffett-s-favorite-stocks-dailyfinance-4533/</guid>
								<description><![CDATA[<p>By DailyFinance</p><p><span style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">Everyone wants to know what Warren Buffett is buying. As one of the world's most-followed investors, he has a track record that would make anyone jealous. Shares of his Berkshire Hathaway (</span><a href="http://www.dailyfinance.com/quote/nyse/berkshire-hathaway-inc/brk-a" style="color: rgb(0, 192, 243); text-decoration: none; cursor: pointer; font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">BRK-A</a><span style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">) have climbed from $7 per share when he started buying the stock in 1962 to more than $150,000 recently, making buy-and-hold investors rich over that half-century.</span><br style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><br style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><span style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">To get some insight into Buffett's latest thing, let's take a look at Berkshire's portfolio of stocks to find out which ones Buffett likes best -- and expects to buy more of in the near future.</span><br style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><br style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><strong style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">1. Wells Fargo (<a href="http://www.dailyfinance.com/quote/nyse/wells-fargo/wfc" style="color: rgb(0, 192, 243); text-decoration: none; cursor: pointer; ">WFC</a>), $15.8 billion invested</strong><br style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><br style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><span style="color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">One of the nation's largest banks, Wells Fargo held up re</span><br></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 08:10:39 EST</pubDate>
							</item><item><title>Apple - Great Stock Just Not for June Q..</title>
								<link>http://ewallstreeter.com/apple-great-stock-just-not-for-june-q-3443/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/apple-great-stock-just-not-for-june-q-3443/</guid>
								<description><![CDATA[<p>By Valuewalk</p><p><p style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; font-size: 14px; line-height: 27px; font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; ">Apple Inc. (NASDAQ:<a href="http://www.valuewalk.com/tag/Apple/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">AAPL</a>) is a good stock to own but not for the June quarter. Analysts at <a href="http://www.valuewalk.com/tag/Raymond-James/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">Raymond James</a> are out with a new report titled “Many Reasons to Own Apple, but the June Quarter Is Not One of Them”. Raymond James <a href="http://www.valuewalk.com/2013/01/another-firm-has-just-cut-apple-inc-aapl-price-target/" target="_blank" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">recently cut</a> their price <a href="http://www.valuewalk.com/tag/Target/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">target</a> for Apple Inc. (NASDAQ:AAPL). Further details below:</p><p style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; font-size: 14px; line-height: 27px; font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; ">Recommendation from Raymond James: The analysts maintain their outperform rating on shares of Apple Inc. (NASDAQ:AAPL) based on the belief that the company should return to EPS growth following the June quarter. They have adjusted their <a href="http://www.valuewalk.com/tag/earnings/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">earnings</a> estimates for what they believe will be an earlier iPhone product launch this year than the previous two years. This will likely lead to weaker iPhone shipments in calendar 2Q as customers wait for the new model and as Apple trims channel inventories in front of the launch. However, it will likely lead to far greater September quarter shipments, with little change to annual iPhone shipment estimates overall.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 08:09:39 EST</pubDate>
							</item><item><title>Facebook Losing its Cool Cache Among Teenagers.</title>
								<link>http://ewallstreeter.com/facebook-losing-its-cool-cache-among-teenagers-4277/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/facebook-losing-its-cool-cache-among-teenagers-4277/</guid>
								<description><![CDATA[<p>By Time</p><p><span style="color: rgb(51, 51, 51); font-family: Georgia, serif; font-size: 14px; line-height: 22px; ">And she’s not alone. In an unscientific survey of about 40 of Steed’s classmates at Briarwood Christian High School in Birmingham, Ala., only eight of the students listed Facebook as their most-used social network. For eleven of them, it didn’t rank in the top three (Instagram was by far the most popular). Other, more formal surveys have found that Tumblr might actually be the </span><a href="http://articles.latimes.com/2013/jan/11/business/la-fi-tn-tumblr-facebook-teens-survey-survata-20130111" style="color: rgb(27, 82, 136); text-decoration: none; font-family: Georgia, serif; font-size: 14px; line-height: 22px; ">teen social network of choice</a><span style="color: rgb(51, 51, 51); font-family: Georgia, serif; font-size: 14px; line-height: 22px; "> now. In fact, Facebook itself even acknowledged the challenge of keeping teens engaged in its annual 10-K report filed with the Securities and Exchange Commission in February. In a list of the risk factors that could affect the company’s future success, Facebook stated:</span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 08:08:46 EST</pubDate>
							</item><item><title>Beware of the Coming Activist Bubble.</title>
								<link>http://ewallstreeter.com/beware-of-the-coming-activist-bubble-3370/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/beware-of-the-coming-activist-bubble-3370/</guid>
								<description><![CDATA[<p>By 24/7WallSt</p><p><p style="margin: 0px 0px 1.5em; padding: 0px; border: 0px; font-size: 14px; font-family: georgia, arial, sans-serif; vertical-align: baseline; color: rgb(34, 34, 34); line-height: 21px; background-color: rgb(255, 255, 255); ">You have heard of all sorts of bubbles in the financial world. There are instances like the housing bubble, a bond bubble, the dot-com bubble, the tech bubble, the private equity bubble, and on and on. 24/7 Wall St. wants to introduce the term “activist bubble,” where too many super-wealthy advisors get too unruly in trying to milk out gains from stocks by pressuring companies into unlocking more shareholder value. We might not be in an activist bubble yet, but the trend of activist investing is getting to the point that a prudent investor might have to wonder if we are entering a new phase called the “Activist Investor Bubble.”</p><p style="margin: 0px 0px 1.5em; padding: 0px; border: 0px; font-size: 14px; font-family: georgia, arial, sans-serif; vertical-align: baseline; color: rgb(34, 34, 34); line-height: 21px; background-color: rgb(255, 255, 255); ">Just a few years ago, the common themes were out-of-control finances and out-of-control corporate leadership with no accountability to shareholders (nor to any moral hazards). The pendulum has now swung the other way, and perhaps it is starting to swing too far. Perhaps. Now anyone with access to millions of dollars or billions of dollars can aggressively go after a company for corporate governance issues. This can be over executive compensation, how a company should be capitalized, what forms of stock it should have, what terms it should have for a merger, whether it should split the roles of CEO and chairman, anti-takeover provisions, retirement compensation and on and on.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Fri, 08 Mar 2013 08:05:40 EST</pubDate>
							</item><item><title>Ivy Zelman, The BEST Housing Analyst Ever, Is Bullish on Housing</title>
								<link>http://ewallstreeter.com/ivy-zelman-the-best-housing-analyst-ever-is-bullish-on-housing-5658/</link>
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								<description><![CDATA[<p>By CalculatedRisk</p><p><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); ">Analyst Ivy Zelman was one of the few to correctly call both the top and bottom for housing (Tom Lawler and your humble blogger were also correct). Today, on CNBC, Zelman made several very </span><a href="http://video.cnbc.com/gallery/?play=1&amp;video=3000152867" style="color: rgb(153, 68, 153); font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); ">positive comments</a><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "> on housing:</span><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); ">"I think we are in Nirvana for housing."</span><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); ">"I'm probably the most bullish I've ever been fundamentally [on housing], and I'm dating myself, but I've been around for over 20 years and I've seen a lot of ups and downs".</span><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); ">[We are in] "the first or second inning of the fundamental recovery that could be five to ten years in duration ..."</span><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); ">"I think home prices could go up for four to six years in duration ..."</span><br style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><span style="font-family: 'Georgia Serif'; font-size: small; text-align: left; background-color: rgb(238, 238, 238); "><br></span><br></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 15:51:35 EST</pubDate>
							</item><item><title>The New Facebook- Its MUch Better!</title>
								<link>http://ewallstreeter.com/the-new-facebook-its-much-better-2902/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/the-new-facebook-its-much-better-2902/</guid>
								<description><![CDATA[<p>By BusinessInsider</p><p>Click <a href="http://www.businessinsider.com/the-new-facebook-2013-3?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&amp;utm_content=Google+Reader">HERE</a> for Video</p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 15:49:23 EST</pubDate>
							</item><item><title>Activist Investors Gear Up for 2013 Proxy Season.</title>
								<link>http://ewallstreeter.com/activist-investors-gear-up-for-proxy-season-4350/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/activist-investors-gear-up-for-proxy-season-4350/</guid>
								<description><![CDATA[<p>By DailyFinance</p><p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">The 2013 proxy-voting season is about to begin, and activist investors are increasingly using the process to advance corporate environmental, social, and governance, or ESG, improvements. The movement to use shareholder resolutions to promote more sustainable business practices is small but growing, and it is becoming increasingly difficult for corporate boards to ignore.</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><strong>Proxy what?</strong><br>If you are a shareholder, you have the right to vote on certain corporate matters. Since most people cannot attend companies' annual meetings, corporations offer shareholders the option to cast a proxy vote by mail.</p></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 15:44:50 EST</pubDate>
							</item><item><title>Apple Patents A System For The Resale And Transfer Of ‘Used’ Digital Goods.</title>
								<link>http://ewallstreeter.com/apple-patents-a-system-for-the-resale-and-transfer-of-used-digital-goods-7478/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/apple-patents-a-system-for-the-resale-and-transfer-of-used-digital-goods-7478/</guid>
								<description><![CDATA[<p>By TechCrunch</p><p><p style="margin: 0px 0px 12.5px; padding: 0px; font-size: 14px; line-height: 20px; font-family: helvetica, arial, clean, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">A new patent application <a target="_blank" href="http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&amp;Sect2=HITOFF&amp;u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&amp;r=5&amp;p=1&amp;f=G&amp;l=50&amp;d=PG01&amp;S1=(apple.AS.+AND+20130307.PD.)&amp;OS=an/apple+and+pd/3/7/2013&amp;RS=(AN/apple+AND+PD/20130307)" style="font-weight: bold; text-decoration: none; color: rgb(10, 150, 0); outline-style: none; ">published by the USPTO</a> (via A<a target="_blank" href="http://appleinsider.com/articles/13/03/07/apples-digital-content-resale-and-loan-system-could-allow-drm-transfers-between-end-users" style="font-weight: bold; text-decoration: none; color: rgb(10, 150, 0); outline-style: none; ">ppleInsider</a>) today shows that Apple has been thinking hard about how it might be able to make it possible for users to resell or lend digital content they’ve purchased in the past. Amazon has worked on a similar problem with its own patents, but Apple’s solution carries provisions for making the lending or resales process much easier directly between users, without necessarily involving a marketplace intermediary.</p><p style="margin: 12.5px 0px; padding: 0px; font-size: 14px; line-height: 20px; font-family: helvetica, arial, clean, sans-serif; text-align: left; background-color: rgb(255, 255, 255); ">Apple’s patent accounts for transfers that can take place either through the original content provider’s store (i.e., the iBookstore, possibly with a “used” section), or directly between users. In the method where an online store wouldn’t be involved, the user devices themselves determine when an item can and can’t be sold based on criteria put into place by the original publisher (i.e., movie X can’t be sold for at least 60 days after release, and must carry a minimum price tag of $5), and whether or not a percentage commission on the sale is transfe</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 09:15:32 EST</pubDate>
							</item><item><title>Bill Ackman, Dan Loeb, Carl Icahn, and Herbalife: The Big Short War.</title>
								<link>http://ewallstreeter.com/bill-ackman-dan-loeb-carl-icahn-and-herbalife-the-big-short-war-5686/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/bill-ackman-dan-loeb-carl-icahn-and-herbalife-the-big-short-war-5686/</guid>
								<description><![CDATA[<p>By VanityFair</p><p><span style="color: rgb(68, 68, 68); font-family: Georgia, Palatino, 'Palatino Linotype', 'Times New Roman', Times, serif; font-size: 18px; line-height: 25px; background-color: rgb(248, 248, 248); ">Hedge-fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting of Herbalife stock, the price plummeted, prompting two fellow billionaires—Ackman’s former friend Dan Loeb and activist investor Carl Icahn—to take the opposing bet on Herbalife. As the public brawl rivets Wall Street, William D. Cohan learns why, this time, it’s personal.</span><br></p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 08:05:14 EST</pubDate>
							</item><item><title>This Colorful Table Shows Why You Should Diversify Your Emerging Markets Portfolio.</title>
								<link>http://ewallstreeter.com/this-colorful-table-shows-why-you-should-diversify-your-emerging-markets-portfolio-7795/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/this-colorful-table-shows-why-you-should-diversify-your-emerging-markets-portfolio-7795/</guid>
								<description><![CDATA[<p>By BusinessInsider</p><p>Click <a href="http://www.businessinsider.com/usfunds-em-periodic-table-2013-3?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&amp;utm_content=Google+Reader">HERE</a> for Table</p>]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 08:04:35 EST</pubDate>
							</item><item><title>Barclays Lowers Apple Inc. (AAPL) PT But Sees Sentiment Bottoming.</title>
								<link>http://ewallstreeter.com/barclays-lowers-apple-inc-aapl-pt-but-sees-sentiment-bottoming-5741/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/barclays-lowers-apple-inc-aapl-pt-but-sees-sentiment-bottoming-5741/</guid>
								<description><![CDATA[<p>By Valuewalk</p><p><p style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; font-size: 14px; line-height: 27px; font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; ">Apple Inc. (NASDAQ:<a href="http://www.valuewalk.com/tag/Apple/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">AAPL</a>) never wants to make low end products according to analysts at <a href="http://www.valuewalk.com/tag/Barclays/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">Barclays</a>. However, Apple will need to convince investors that 35% margins will be the floor. Earlier we covered part of the new report from Barclays <a href="http://www.valuewalk.com/2013/03/apple-inc-aapl-ecosystem-is-solid-and-has-room-to-grow-barclays/" target="_blank" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">regarding the company’s ecosystem</a>, which the analysts believe is solid and has room to grow. However, Barclays has slightly lowered their price <a href="http://www.valuewalk.com/tag/Target/" style="margin: 0px; padding: 0px; border: 0px; outline: none; text-decoration: none; color: rgb(41, 100, 191); ">target</a> on the tech giant. Below we look at the margin issue and price target math.</p><h3 style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; clear: both; font-weight: normal; font-size: 16px; line-height: 18px; color: rgb(34, 34, 34); font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; "><strong style="margin: 0px; padding: 0px; border: 0px; outline: none; ">Can Apple Make an Argument for 35-40% Gross Margins Long Term?</strong></h3><p style="margin: 12px 0px; padding: 0px; border: 0px; outline: none; font-size: 14px; line-height: 27px; font-family: Arial, Helvetica, sans-serif; background-color: rgb(255, 255, 255); text-align: justify; ">Barclays believes that margins are the biggest concern for investors. While Apple Inc. (NASDAQ:AAPL) understands the market concerns, they do not believe that management is ready to give a long-term target. However, it doesn’t seem to them that Apple “ever wants to make low-end products” – and will always strive for premium devices that offer a more complete experience.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 07:57:59 EST</pubDate>
							</item><item><title>E-Commerce: How Same-Day Delivery Will Change Retail | Digital .</title>
								<link>http://ewallstreeter.com/e-commerce-how-same-day-delivery-will-change-retail-digital-5601/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/e-commerce-how-same-day-delivery-will-change-retail-digital-5601/</guid>
								<description><![CDATA[<p>By AdAge</p><p><span style="color: rgb(34, 34, 34); font-family: 'Droid Serif', serif; font-size: 15px; line-height: 24px; background-color: rgb(255, 255, 255); ">With </span><a href="http://adage.com/directory/amazon/201" class="directory_entry" title="Ad Age LookBook" style="margin: 0px; padding: 0px 15px 0px 0px; outline: none; color: rgb(52, 157, 142); text-decoration: none; background-image: url(http://gaia.adage.com/images/icon-directory-link.png); background-color: rgb(255, 255, 255); height: 12px; overflow: hidden; font-family: 'Droid Serif', serif; font-size: 15px; line-height: 24px; background-position: 100% 0px; background-repeat: no-repeat no-repeat; ">Amazon</a><span style="color: rgb(34, 34, 34); font-family: 'Droid Serif', serif; font-size: 15px; line-height: 24px; background-color: rgb(255, 255, 255); ">'s same-day delivery under way, and Google Shops reportedly next, the clock is ticking on traditional retailers who'll need new ways to lure customers.</span><br></p><p><p style="margin: 1.1em 0px; padding: 0px; outline: none; font-size: 15px; line-height: 24px; color: rgb(34, 34, 34); font-family: 'Droid Serif', serif; background-color: rgb(255, 255, 255); ">E-commerce sales will reach $327 billion by 2016, according to Forrester Research. Consumers will be purchasing everything from $12 shampoo to $3,000 handbags -- maybe even cars -- online.</p><p style="margin: 1.1em 0px; padding: 0px; outline: none; font-size: 15px; line-height: 24px; color: rgb(34, 34, 34); font-family: 'Droid Serif', serif; background-color: rgb(255, 255, 255); ">But speed of ordering and delivery is what will prompt consumer consideration.</p><p style="margin: 1.1em 0px; padding: 0px; outline: none; font-size: 15px; line-height: 24px; color: rgb(34, 34, 34); font-family: 'Droid Serif', serif; background-color: rgb(255, 255, 255); ">Same-day-shipping services are changing consumer behavior -- and fast. Last year, Amazon opened a gaggle of new shipping centers near major metropolitan areas so that it could quickly get products to its Amazon Prime customers, often within the same day. <a href="http://techcrunch.com/2013/03/04/google-is-building-a-same-day-amazon-prime-competitor-google-shopping-express/" title="google shops" class="body" target="_blank" style="margin: 0px; padding: 0px; outline: none; color: rgb(52, 157, 142); text-decoration: none; ">TechCrunch</a> has reported that Google is preparing to launch a competitor to Amazon called Google Shopping Express. It'll serve as a semi-universal cart that offers same-day delivery from stores in a consumer's area, including <a href="http://adage.com/directory/walmart-stores/294" class="directory_entry" title="Ad Age LookBook" style="margin: 0px; padding: 0px 15px 0px 0px; outline: none; color: rgb(52, 157, 142); text-decoration: none; background-image: url(http://gaia.adage.com/images/icon-directory-link.png); height: 12px; overflow: hidden; background-position: 100% 0px; background-repeat: no-repeat no-repeat; ">Walmart</a> and Target.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Thu, 07 Mar 2013 07:12:30 EST</pubDate>
							</item><item><title>The Real Reason Wall Street Always Escapes Criminal Charges?.</title>
								<link>http://ewallstreeter.com/the-real-reason-wall-street-always-escapes-criminal-charges-5538/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/the-real-reason-wall-street-always-escapes-criminal-charges-5538/</guid>
								<description><![CDATA[<p>By Forbes</p><p><p style="margin: 15px 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; vertical-align: baseline; line-height: 24px; font-family: Georgia, 'Times New Roman', serif; word-wrap: break-word; text-align: left; ">The notion of too big to jail just got very serious as the nation’s chief attorney agreed with the idea that financial institutions are too large to prosecute.</p><p style="margin: 15px 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; vertical-align: baseline; line-height: 24px; font-family: Georgia, 'Times New Roman', serif; word-wrap: break-word; text-align: left; ">US Attorney General Eric Holder <a href="http://www.justice.gov/iso/opa/ag/speeches/2013/ag-speech-1303061.html" data-ls-seen="1" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; color: rgb(102, 102, 102); ">testified</a> before the  Senate Judiciary Committee on Capitol Hill today, and discussed the lack of criminal cases against financial institutions in the aftermath of the financial crisis.</p><p style="margin: 15px 0px; padding: 0px; border: 0px; outline: 0px; font-size: 18px; vertical-align: baseline; line-height: 24px; font-family: Georgia, 'Times New Roman', serif; word-wrap: break-word; text-align: left; ">That’s been a point of irritation and frustration for many in <span style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; "><a href="http://www.forbes.com/places/dc/washington/" class="exit_trigger_set" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; color: rgb(102, 102, 102); ">Washington</a></span> and across the country who feel big banks that were partially responsible for the credit and housing bubble yet went unpunished. Instead, they were given billions in federal bailout money because they were deemed too big to fail. And now while their stocks recover the rest of the economy is barely trudging along.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 06 Mar 2013 21:02:53 EST</pubDate>
							</item><item><title>A New Way to Trade Shares in Private Companies.</title>
								<link>http://ewallstreeter.com/a-new-way-to-trade-shares-in-private-companies-4180/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/a-new-way-to-trade-shares-in-private-companies-4180/</guid>
								<description><![CDATA[<p>By Bloomberg</p><p><p class="" style="margin: 0px 0px 1.5em; padding: 0px; border: 0px; font-size: 1.2em; vertical-align: baseline; line-height: 1.5em; color: rgb(34, 34, 34); font-family: Georgia, serif; ">Nasdaq and SharesPost <a href="http://www.businessweek.com/news/2013-03-06/nasdaq-to-offer-unlisted-stocks-trading-with-sharespost" style="color: rgb(0, 124, 213); text-decoration: none; ">announced</a> a joint venture on Wednesday that will offer wealthy investors a new way to trade shares in companies before they are listed publicly, as the weak performance of <span class="ticker_wrap" style="margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; ">Facebook (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=FB" class="ticker" data-symbol="FB" style="color: rgb(0, 124, 213); text-decoration: none; ">FB</a>)</span> and other young tech firms encourages startups to remain private longer.</p><p style="margin: 0px 0px 1.5em; padding: 0px; border: 0px; font-size: 1.2em; vertical-align: baseline; line-height: 1.5em; color: rgb(34, 34, 34); font-family: Georgia, serif; ">The new exchange, to be called Nasdaq Private Market, is scheduled to be launched later this year and will be based in San Francisco. Brokers and “accredited investors”—basically, people that the Securities and Exchange Commission deems to be wealthy or “sophisticated” enough to take losses in shadowy investments—will be able to pursue the risky buying and selling of private company shares, this time under the aegis of <span class="ticker_wrap" style="margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; ">Nasdaq (<a href="http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=NDAQ" class="ticker" data-symbol="NDAQ" style="color: rgb(0, 124, 213); text-decoration: none; ">NDAQ</a>)</span>.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 06 Mar 2013 17:23:17 EST</pubDate>
							</item><item><title>What is Icahn up to with Dell?.</title>
								<link>http://ewallstreeter.com/what-is-icahn-up-to-with-dell-2693/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/what-is-icahn-up-to-with-dell-2693/</guid>
								<description><![CDATA[<p>By CNN</p><p><h2 style="margin: 0px; padding: 0px 0px 10px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background-color: rgb(255, 255, 255); color: rgb(51, 51, 51); font-family: Arial, helvetica, sans-serif; line-height: 19px; text-align: left; ">Carl Icahn throws a wrench into the Dell buyout.</h2><p style="margin: 0px; padding: 0px 0px 20px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background-color: rgb(255, 255, 255); color: rgb(51, 51, 51); font-family: Arial, helvetica, sans-serif; line-height: 19px; text-align: left; ">FORTUNE -- CNBC is <a href="http://www.cnbc.com/id/100519427" target="new" rel="external nofollow" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background-color: transparent; color: rgb(0, 66, 118); text-decoration: none; font-weight: bold; ">reporting</a> that Carl Icahn has acquired a 6% stake in PC maker Dell Inc. (<a href="http://money.cnn.com/quote/quote.html?symb=DELL" rel="external" style="margin: 0px; padding: 0px; border: 0px; outline: 0px; vertical-align: baseline; background-color: transparent; color: rgb(0, 66, 118); text-decoration: none; font-weight: bold; ">DELL</a>), which has agreed to be taken private for $24 billion by CEO Michael Dell and private equity firm Silver Lake Partners.</p><p style="margin: 0px; padding: 0px 0px 20px; border: 0px; outline: 0px; font-size: 14px; vertical-align: baseline; background-color: rgb(255, 255, 255); color: rgb(51, 51, 51); font-family: Arial, helvetica, sans-serif; line-height: 19px; text-align: left; ">If true, it would be a massive outlay -- currently valued in excess of $1.4 billion. It also would make Icahn the company's third-largest shareholder, behind Michael Dell and Southeastern Asset Management. And, if CNBC is correct that Icahn opposes the buyout, then the company's three largest outside shareholders are planning to vote nay.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 06 Mar 2013 17:21:34 EST</pubDate>
							</item><item><title>Can J.C. Penney Turn Things Around?.</title>
								<link>http://ewallstreeter.com/can-j-c-penney-turn-things-around-3062/</link>
								<guid isPermaLink="true">http://ewallstreeter.com/can-j-c-penney-turn-things-around-3062/</guid>
								<description><![CDATA[<p>By DailyFinance</p><p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); ">I thought Ron Johnson was an excellent hire when he took over as CEO of <strong>J.C. Penney</strong> . I never bought into the idea that he was the savior of retail, but I didn't think the company needed one. J.C. Penney just needed a change. And since he was coming from <strong>Apple</strong>, I thought his winning persona was going to be one additional asset to the company. Unfortunately, one year later, investors are still waiting for that winning formula to take shape.</p><p style="margin: 0px 0px 10px; color: rgb(51, 51, 51); font-family: Georgia, Cambria, 'Times New Roman', Times, serif; font-size: 15px; line-height: 22px; background-color: rgb(255, 255, 255); "><strong>How much worse can things get?<br></strong>Not much was expected from the fourth-quarter report. The Street was still hoping to give JCP the benefit of the doubt in some areas. However, in every aspect, the company managed to answer: "How much worse can things get?" Same-store sales, or comps, the most important retail metric that tracts sales performance of stores opened at least one year, dropped roughly 32% year over year. This was 6% worse than Street estimates.</p></p>...]]></description>
								<category>Up-to-the-minute Financial Market Links</category>
								<pubDate>Wed, 06 Mar 2013 17:17:26 EST</pubDate>
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