Michael Malone
Michael Malone
Michael Malone is an American author and television writer, born in Durham, North Carolina. He is best known for his work on the ABC Daytime drama One Life to Live, as well as for his best-selling works of fiction Handling Sin, Foolscap, and murder mystery First Lady...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
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Recently, when yields move down, the market has moved up. Investors are looking to the fact generally that economic growth worldwide is robust right now, so you're seeing a lot of these multinationals that participate in that doing quite well.
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It's especially important since September 11 for people to be trained for the unexpected. We want to try to make sure people are safe.
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The chances of the Bush administration accepting a truce would be pretty remote at best.
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Some people are mentioning that crude is creeping back up to US$70 a barrel, but people are focusing much more on interest rates now.
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The amazing thing about the house is the quality of the craftsmanship. The detail, whether in the woodwork or the glass of the windows, there is infinite detail, things I can constantly appreciate. The other thing is that it is elegant but not formal.
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It does appear that they are a bit better than what was expected and that may give a little bit of a lift to the market.
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Apple true believers are going to hammer this a thousand different ways on the details, but it caught the essence of Jobs and Gates,
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People are expecting that Libby will be indicted and Rove will continue to be investigated. That may have contributed to the weakness of the close yesterday. Obviously it is not positive for the Bush administration and may be weighing on equity markets,
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The PPI numbers support recent evidence that we are in a benign inflationary environment,
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We've been having a tough time raising money locally because major disasters have impeded our attempts to generate money for our own programs and services. The restaurant program last year raised more than $1,200. This year we're hoping we'll reach $5,000.
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We moved up this morning relatively quickly up against the highs of last week, and that just so happens to be also the top of the range that we've recently been trading in on the S&P. We ran up to those levels and we're seeing a little big of profit taking as a result.
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We've been to $3 million homes in Bloomfield Hills. We've been to homes by the lakes. We've been to houses in new developments where new homes are still being built on the same street. It is crazy how busy we are.
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You have to be mindful it is not the individuals, it is the structure of the PSC that is failing the people of the Virgin Islands, ... I think the solution is for us as policymakers to bring legislation that will change the structure to make it work.
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Until investors get an idea as to where rates are going to go from here, that's likely to keep a lid on the equity market, even with expectations of strong earnings in the first quarter.