Musings.

Musings

The world, the economy, the markets, and our lives are dynamic. Events can have a large or small impact on us. They can create excitement, cause fears, raise questions, and spark insight.

Listed here are our most spontaneous, timely, and succinct comments on wealth, life, and more.





  • November 30, 2011 - The Big Bank Boost

    Globally coordinated intervention among central banks helped boost equity markets to close November with three consecutive advances.



  • November 29, 2011 - Lifelong Learning Raises IQ

    A commitment to lifelong learning can stimulate and improve your IQ according to a recent study in Britain. (WSJ)



  • November 28, 2011 - Roller Coaster

    Daily up and down swings in stock values continued today with the SP500 rising 2.9% while the EU works on yet another pact. (Morningstar)



  • November 26, 2011 - Go Buckeyes!

    As an avid supporter of Ohio State academics and athletics, Hawk100 wishes success to Ohio State and Coach Fickell today versus Michigan.



  • November 24, 2011 - Happy Thanksgiving!

    Hawk100 wishes you and your family a blessed Thanksgiving holiday and always.



  • November 24, 2011 - Uncle Sam and Baby Bell.

    Past performance apparently guarantees future results when predicting US Justice Department treatment of AT&T. Decades after the forced break up of AT&T under antitrust laws, Justice is at it again seeking to block AT&T's deal for TMobile. (WSJ)



  • November 23, 2011 - Ohio Stocks

    Hawk100 is conducting targeted research on stocks of Ohio-based companies.  Results are surprising...more to come in HawkTalon.



  • November 22, 2011 - GDP Flattens

    In the first revision to third quarter GDP, the US BEA now estimates the US economy grew just 2.0%, revised down from 2.5%, annualized. (BEA)



  • November 21, 2011 - Super Failure

    The congressional supercommittee assembled at the end of the August debt debate admits what we expected...it was a failure.



  • November 18, 2011 - Data looks good.

    Recent economic reports have led Morningstar's Bob Johnson, CFA, to call the data "good."  Hawk100 questions whether it will last through the holiday season. (Morningstar)



  • November 17, 2011 - Congress's $729,750 house of cards

    Numbers stack up to reveal bleak prospects for FHA. "FHA has a 0.24% capital reserve, well below its statutory 2% minimum for the third year running. A 422-to-1 leverage ratio, up from 33-to-1 in 2009 (makes) Lehman Brothers (appear) risk-averse." (WSJ)



  • November 16, 2011 - On the heals of Solyndra

    Solar stocks can burn investors.  "Avoid investing in solar firms right now," says Morningstar.



  • November 15, 2011 - Path to Purpose

    Michele Borba visited Dublin Schools last week and recommended William Damon's "The Path to Purpose." This book appears to align well with the Hawk100 message.  (The Path to Purpose)



  • November 14, 2011 - OECD grim outlook

    The OECD says "all major economies headed for slowdowns." (Reuters)



  • November 10, 2011 - CECE Earnings Advance

    Ceco Environmental (CECE) reported strong Q3 results.  $0.34 EPS converts to annualized earnings multiple under 5x. (CECE)



  • November 09, 2011 - Step 7, Heads Roll

    This week's ouster of Italy's Berlusconi and Greece's Papandreou reminds me of November 2007 when several headline CEOs resigned (e.g., Merrill--O'Neal, Citigroup--Prince).



  • November 09, 2011 - 12-step Recovery

    Writing in 2007, I described the response to the mortgage mess like a 12-step addiction recovery. The EU is firmly in step 7, heads roll. (Berlusconi) (Papandreou)



  • November 09, 2011 - Next Steps

    As mused in 2007, next EU steps would be: 8 significant market collapse, 9 government policy changes, 10 investor capitulation, 11 business and investor grapple with new environment, and 12 resume normalcy.



  • November 09, 2011 - US Stock FallClick to enlarge

    The SP500 lost 3.7% today to close at 1229.10.  Today's loss was the sixth day in 2011 the index fell at least 3%.   (Chart data source Interactive Data)



  • November 08, 2011 - Complicating College Costs

    "Washington's rising subsidies for college are a big reason tuition keeps rising faster than inflation." (WSJ)



  • November 07, 2011 - USEG and 1:55 PM EST

    Immediately following a report of Q3 financial results by tiny stock, USEG, stocks lifted from negative territory into net gains on the day.  



  • November 07, 2011 - Consumer CreditClick to enlarge

    The Federal Reserve says consumer credit grew $7.4 B (3.6%) in September and debt-to-income ratio appears to be rising from a base. (Image Source Econoday)



  • November 04, 2011 - Greece and the EU

    Evidently, it was easier for Greece to enter the European Union than for it would be to exit.  WSJ today says, "Greek Euro-zone Exit Would Be Mess for Athens." (WSJ)



  • November 03, 2011 - Stocks Bounce Back

    I recently mused that that investors may be tempted to trade “blocks of stocks for a box of rocks.”  Before October, stocks dropped in five consecutive months and just suffered the worst quarterly loss, -13.9%, since 2008. Then October 4, Federal Reserve Chair Bernanke delivered glum comments to Congress’s Joint Economic Committee. HawkTalon



  • November 03, 2011 - Greece is Slippery

    Even with a strong month for US stocks, European stocks performed better.  The MSCI EMU Index, representing large stocks from across the European Union, was up 12.9% during the month.  MSCI tracks a country index for eight of the seventeen countries on the euro currency.  Five of those eight gained over 12% in October. Italy astonishingly rose 13.5%. HawkTalon



  • November 02, 2011 - Man Made Global Quaking

    A UK firm, leading efforts to explore shale gas, reports that it believes fracking was a "highly probable" cause of minor earthquakes in that country. (WSJ)



  • November 02, 2011 - PhDs at the Phed

    PhDs (Philosophical Differences) arise again in the latest Fed announcement.   QE 2.5 is well under way, but Charles Evans wants more accomodation. (FOMC Announcement)



  • November 01, 2011 - Fed 2-day Meetings

    About the only "action" available to the Fed is to pause. (Reuters)