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markholowesko

  1. A baseball player signed a 5 year $85mn deal. I expect the President to make another "Fat Cat" statement!?
  2. @Vaughters yea...just too bad he wasn't wearing his "Holowesko Partners/Felt" Team Jersey!?!
  3. @TeamSlipstream Great job Danny and the whole U23 gang!!!!
  4. 8% of Obama's Cabinet has private sector experience. Kennedy had 28%, Carter 31%, Clinton 36%, Reagan 56%, Eisenhower 58% (Barron's)
  5. Gov spending during Depression peaked at 10.7% of GDP in 1934. Gov spending should be 28% of GDP in 2009.
  6. To most people time is an expense. To a lawyer its revenue.
  7. According to CBS China has more journalists in jail than any other country. Cuba is number 2.
  8. Inventory in # days of consumption has grown last 2 years for alum, copper, nickel, zinc. Many commodities also above marginal cost of prod.
  9. The market value of Nokia ($47bn) is roughly 2x Apple's cash on the b/s. Nokia ranks as the 5th best global brand (3rd yr in a row).
  10. 6 banks failed friday in US, 130 ytd, most since '92 when 181 failed. FDIC found buyers for 114 of this year's failures.
  11. Those of you who object to using the word "Christmas" this "holiday" season, it falls on a friday so volunteer to work that day!!
  12. Heard report on TV-92% of top US gov officials have no private market experience. Don't expect them to know how to create jobs!
  13. Although Dubai debt is high "per local", its manageable from a global perspective & the nervous reaction is a healthy sign for markets.
  14. There are 1.4mn people in Dubai, 30% of them native. At $90bn in foreign debt, that is roughly $215,000 in foreign debt per local.
  15. 23% of households in the US (10.7mn) have mortgages that are greater than the value of their property. (Bloomberg)
  16. China's crop yields may be down 13-16%. China has experienced growing corn demand as greater beef consumption pushes up feed.
  17. If consumption is 2/3 of economy & 20% of the people consume 80% & you tax those 20%, what happens to the economy? Sounds like an SAT Q!?
  18. http://online.wsj.com/article_email/SB10001424052748704431804574537490451978558-lMyQjAxMDA5MDIwMDEyNDAyWj.html Worth Reading.
  19. 21mn E-bikes produced in China in 2008. 188,000 in the USA (CLSA)
  20. In 1960, you could say GNP of Russia grew 2x US past 20 yrs. Today can say the same about China. Other similarity is both dictatorships.