Roundup
April 5, 2006
"Warren Buffett of South-East Asia" Marc Faber says that the current bull run in commodities may last for another 20 years.
Dr Faber regards the present investment scene as most unusual, in the sense that everybody is positive about most asset classes. Equity fund managers around the world are positive about equities in both the developed economies and in emerging markets, while commodity traders are positive about commodities.
"In the US we now have a stockmarket that has risen for over 1100 days without a 10 per cent correction, which is quite unusual," Dr Faber says.
Test of Commercial Tax preparation Firms Finds Errors in 19 of 19 Returns
Commercial tax preparers made errors, sometimes amounting to more than $1,000 in incorrect refunds and overpayments, in 100 percent of returns brought to them by a government agency seeking to test the accuracy of work done by large chain tax-preparation firms.
Economic ironies that could end dollar's great escape
Self-Parking Cars Coming To U.S. Vehicles that are able to parallel park themselves while drivers sit and relax behind the wheel are coming to the United States.
Sensors will let `Things' alert people. In bathrooms of the near future, sensors in the toilet and the sink will talk to each other through a home network. That network in turn will be linked to the Internet.
When the toilet is flushed and the water faucets aren't used, Mom and Dad will get an e-mail, or perhaps a text-message alert on their cell phones.
The carbohydrate economy beckons.With oil at $50 a barrel, many biochemicals have
become flat out competitive with petrochemicals. At $60 a barrel, ethanol derived from corn is competitive without subsidies.
The emerging star with regards to estimate revisions is the Materials sector. The strength there is mostly among the metals companies, largely in response to record, or at least decades old highs, in metals prices.
Enron myth from Enron fact.
Dr Faber regards the present investment scene as most unusual, in the sense that everybody is positive about most asset classes. Equity fund managers around the world are positive about equities in both the developed economies and in emerging markets, while commodity traders are positive about commodities.
"In the US we now have a stockmarket that has risen for over 1100 days without a 10 per cent correction, which is quite unusual," Dr Faber says.
Test of Commercial Tax preparation Firms Finds Errors in 19 of 19 Returns
Commercial tax preparers made errors, sometimes amounting to more than $1,000 in incorrect refunds and overpayments, in 100 percent of returns brought to them by a government agency seeking to test the accuracy of work done by large chain tax-preparation firms.
Economic ironies that could end dollar's great escape
Self-Parking Cars Coming To U.S. Vehicles that are able to parallel park themselves while drivers sit and relax behind the wheel are coming to the United States.
Sensors will let `Things' alert people. In bathrooms of the near future, sensors in the toilet and the sink will talk to each other through a home network. That network in turn will be linked to the Internet.
When the toilet is flushed and the water faucets aren't used, Mom and Dad will get an e-mail, or perhaps a text-message alert on their cell phones.
The carbohydrate economy beckons.With oil at $50 a barrel, many biochemicals have
become flat out competitive with petrochemicals. At $60 a barrel, ethanol derived from corn is competitive without subsidies.
The emerging star with regards to estimate revisions is the Materials sector. The strength there is mostly among the metals companies, largely in response to record, or at least decades old highs, in metals prices.
Enron myth from Enron fact.
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