Archive for May, 2009
S&P Earnings
Intersting charts from The Chart Store.
Worth a look and a bit of thinking about whether the market is cheap or not.
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Asset Allocation May 2009
Just in case you wondered… This is my current asset allocation (excluding real estate and debt) in this current troubled times. Just a tiny increase in gold - buying gifts for my wife ;-))):
Cash or equivalent: 88%
Equity (EM): 7%
Gold: 5%
Currency-wise:
USD: 50%
Euro: 34%
UK Pound: 16%
Thinking to dump dollars. With so much printing going on there, it’s [...]
Virgin launches 200Mb broadband pilot
Interesting stuff. What can you possibly do with a 200Mb broadband connection? HDTV and 3D Games and still you have some spare for p2p. Apparently, the limitation in this context are the routers, especially the wireless ones.
This is quite a paradigm shit and can disrupt the current media setup massively. With 200MB broadband you can [...]
Global advertising trends - 2
Some more of adspending from the media these days.
This time focused on big advertisement spenders and industries in US, 2008 vs 2007 comparison, brought us by TNS Media Intelligence of WPP.
Snippets:
Q408 vs Q407 -9.2% total US advertising spend
2008 vs 2007 -4.1%
auto industry -15% spend in 2008, down to 12.8bn$
Procter (US largest advertiser) cut 7% to [...]
BofA needs 34bn$
Somebody please help me understanding this: BofA, capitalization 74bn$, needs to raise 34bn$ because it is apparently failing the requirements of the stress test. This would probably mean a diluiting of 50%. Yet the stock is up 7%.
Below from Yahoo! finance:
NEW YORK (AP) — Bank of America Corp. stock rose as investors appeared comforted by [...]