High Court May Decide Same-Sex Marriage Case This Term

Today is the first Monday in October–the day on which, by tradition, the U.S. Supreme Court begins its new term. Gay rights advocates hope this will be the session in which the justices decide a key issue involving same-sex marriage: whether homosexual couples who are legally married under state law are entitled to the same benefits under feder…

Is Your Job Honeymoon Over?

This is a guest post by Jorg Stegemann, who has been a headhunter for more than 10 years–half that time focusing on Europe. His blog is My Job Thoughts: Career Advice From a Headhunter. His recent articles for FORBES include “Seven Things A Headhunter Won’t Tell You.”

John Templeton’s Investment Rules

Here’s a good list of legendary investor John Templeton’s investment rules.  Barry Ritholtz has more details on each rule at his site (see here), but the summary is below.  It’s a nice addition to our growing list of rules and guidelines (see here). 1. Invest for maximum total real return 2. Invest — Don’t trade […]

LIBOR may converge with CD rates

The media outfits these days love to scrutinize bank submissions of LIBOR, looking for some sort of a pattern. The chart below from the WSJ shows how frequently banks change their rate. What are those sneaky bankers up to? Naughty SocGen, so slow in updating those rates. And why is CS constantly changing theirs? The answer of course depends on w…

Technicals Not Confirming S&P 500 Highs

Decision Point tracks each stock in a given market index and determines the location of its current price in relation to the 52-week high and 52-week low. We express this relationship using a scale of zero (at the 52-week low) to 100 (at the 52-week high). A stock in the middle of its 52-week range would get a “Rel-to-52” value of 50.

Guest Post: Is China’s Communist Party Doomed?

Via Minxin Pei of The Diplomat,
Last Friday’s announcement in Beijing that the ruling Chinese Communist Party (CCP) will convene its 18th congress on November 8 has brought much relief to those concerned that political scandals and power struggle at the very top of the Chinese government have derailed the once-in-a-decade leadership transition. …

Asian Shares Down

Asian stock markets were lower on Monday though a firmer dollar against the Japanese yen helped cap losses in Tokyo. The Nikkei fell 0.8%.