Tuesday, November 15, 2011

@AllAmerInvest Forbes Five Star, Occupy Wall Street Doink, CNBC Bonus Bucks Answers, Health, Bond Yields Explode


Forbes Travel Guide’s Five- and Four-Star Award Winners

Mandarin Oriental, Singapore is a new Five-Star hotel

Forbes Travel Guide unveiled its 54th annual listing of Five- and Four-Star award-winning hotels, restaurants and spas today, along with a new website, Startle.com. The interactive site gives readers an inside look into the world of the Forbes Travel Guide’s team of inspectors as it scours the globe looking for the ultimate in luxury travel at these top-rated spots.
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New York Police Remove Occupy Wall Street Protesters
New York City police in riot gear swept into a Lower Manhattan park to remove Occupy Wall Street protesters early today following similar moves that shut down camps in Oakland, California, and Portland, Oregon.

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CNBC Portfolio Challenge Bonus Bucks Answers for Tuesday, November 15, 2011


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Health Reform and the Supreme Court
The Supreme Court’s decision to review the constitutionality of health care reform means it will be issuing a ruling in the middle of the 2012 presidential campaign. This can be a highly politicized court, and, for the public good and its own credibility, it must resist that impulse.

Euro zone barely grows in Q3, downturn seen
The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across the 17-country currency bloc.

Walmart Misses
Walmart reported earnings of 97 cents per share. Analysts were expecting 98 cents per share.
Shares are down 2% in premarket trading.

Bond Yields Are Exploding Across Europe
Bond yields are spiking across Europe, not to mention the spreads between Belgian, French, Spanish, and Italian bonds and German 10-year bunds.

There is a simple reason behind this, other than simple market fear: the European Central Bank is drastically cutting its purchases of Italian and Spanish bonds on the secondary market, according to Spanish newspaper Cinco Dias (in Spanish).






Original content Bob DeMarco, All American Investor