
Stocks
Get flash to fully experience Pearltrees
Insiders Sell Their Shares As Market Rallies | Markets | Minyanville.com
The corporate insiders running our country’s publicly traded companies have been heavily selling their stock, which some market pros say speaks volumes about the veracity of the current rally. The market has moved sharply higher since August 27, when Fed Chairman Ben Bernanke suggested that he and his allies on the FOMC might consider another bond purchase program in order to juice economic activity. The SPDR S&P 500 ETF ( SPY ), which includes holdings like Exxon ( XOM ), Apple ( AAPL ), Microsoft ( MSFT ), IBM ( IBM ), and Bank of America ( BAC ), is up 11% since Bernanke’s speech.BUFFETT’S FAVORITE VALUATION METRIC: STOCKS ARE MODESTLY EXPENSIVE | PRAGMATIC CAPITALISM
Calculated Risk: First Foreclosure in Dubai
Dubai’s housing rout sent prices down 52 percent in the past year, prompting some homeowners to abandon their cars and mortgage payments and flee the country. Not one received a foreclosure notice. Until now.As I write this, the preliminary meeting for the Group of 20 largest economies is taking place. U.S.

