Author Archive
By Larry Doyle on Nov 20, 2009 in Current Affairs, Economy, Housing & Housing Crisis, Sense on Cents (Larry Doyle blog) | 6 Comments
Time reveals truth.
I love that pearl of wisdom shared by Danielle Park, my guest this past Sunday evening on No Quarter Radio’s Sense on Cents with Larry Doyle. I find it very applicable to the recently released economic report on housing starts. What did that report indicate? Housing starts in October registered a supposed surprising [...]
By Larry Doyle on Nov 19, 2009 in AIG, Current Affairs, Economy, Sense on Cents (Larry Doyle blog) | 9 Comments
On Tuesday, I wrote “Just How Sorry Is Goldman Sachs?” in response to a blanket, unspecified, and unsolicited apology put forth by Goldman Sachs CEO Lloyd Blankfein. In my commentary, I asserted:
Wait a second. Blankfein admits that Goldman participated in activities that led to the crisis? Get Lloyd back in here and ask him for [...]
By Larry Doyle on Nov 18, 2009 in Economy, Sense on Cents (Larry Doyle blog) | 16 Comments
“If you can keep your head when all about you are losing theirs…”
Retail sales rebounded strongly this month posing a 1.4% gain. Good news, right? In an attempt to provide a degree of sanity to what has become an extremely volatile report, let’s break this report down a little bit further.
Recall that our automotive sales [...]
By Larry Doyle on Nov 17, 2009 in Economy, Global Finance, Sense on Cents (Larry Doyle blog), Wall Street | 21 Comments
With friends like this, who needs enemies?
That trite saying is far too simplistic in defining the diverse and convoluted nature of U.S.-Chinese relations. That said, as President Obama prepares to arrive in the People’s Republic of China for the first time during his Presidency, he is faced with an extremely aggressive overture from Liu Mingkang, [...]
By Larry Doyle on Nov 15, 2009 in Economy, Sense on Cents (Larry Doyle blog) | 14 Comments
* Bumped Up *
Ignorance of the law is never an acceptable defense on Main Street; regrettably, the same does not seem to hold true on Wall Street. How so?
A recent auction-rate securities arbitration case involving an investor who purchased ARS from a Raymond James financial representative acknowledges the ignorance of the sales rep, but effectively [...]
By Larry Doyle on Nov 11, 2009 in Current Affairs, Economy, NoQuarter Radio, Sense on Cents (Larry Doyle blog) | 0 Comments
* Promo bumped down. Listen to the November 15th, Sunday night show in BlogTalkRadio archives, or via iTunes (see our instructions in the right column).
Our global economic landscape continues to present new twists, turns, peaks, valleys, and challenges. There are those who believe we are in the midst of a V-shaped recovery, while others [...]
By Larry Doyle on Nov 8, 2009 in Economy, Sense on Cents (Larry Doyle blog), Unemployment/Jobs | 28 Comments
(Bumped up from November 6th, the day the bad news on unemployment came out. Stay tuned for LD’s radio show at 8 p.m. ET.)
The widely anticipated November Unemployment Report covering the month of October was just released. Let’s dive right in and take a look at the numbers . . .
I. UNEMPLOYMENT [...]
By Larry Doyle on Nov 6, 2009 in Current Affairs, Economy, NoQuarter Radio, Sense on Cents (Larry Doyle blog) | 3 Comments
PROMO Bumped Down: November 8th’s show has concluded but you can listen via BlogTalkRadio.com or via iTunes (see our instructions in the right column).
Who would have projected the twists and turns we have experienced on our global economic landscape? Who would have forecasted the ups and downs in the markets? Who has the global perspective [...]
By Larry Doyle on Nov 4, 2009 in Current Affairs, Economic Stimulus, Economy, Sense on Cents (Larry Doyle blog) | 8 Comments
What are the biggest stories in the market today? Consider the following . . .
1. Warren Buffett makes his single largest acquisition ever with the $34 billion purchase of Burlington Northern
2. Ford posts surprisingly strong auto sales
3. Royal Bank of Scotland becomes the biggest banking bailout yet with another injection of capital
4. Johnson & Johnson [...]
By Larry Doyle on Nov 1, 2009 in Bernie Madoff, Current Affairs, Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog) | 6 Comments
Did FINRA invest its own funds from its internal investment portfolio with Bernie Madoff? Would FINRA’s head Mary Schapiro invest with her “dear friend” Bernie? Stick with me on this and let’s navigate the newest development in this ongoing scam. My concluding remarks provide insights you won’t find in many mainstream media outlets.
High five to [...]
By Larry Doyle on Oct 31, 2009 in Economy, Sense on Cents (Larry Doyle blog) | 4 Comments
HAPPY HALLOWEEN!! Is the clock getting ready to strike twelve? Is it time to get home? Is the magical ball that has enchanted many market participants about to end? How so? As quantitative easing programs around the world end and global governments start to increase interest rates, will we experience a double dip in the [...]
By Larry Doyle on Oct 30, 2009 in American Consumers, Economic Stimulus, Economy, Sense on Cents (Larry Doyle blog) | 25 Comments
What is the real economy doing? While yesterday’s GDP printed a surprisingly strong 3.5%, are we to take that on face value? If we care to most effectively navigate the economic landscape, we should dig a little deeper.
A full 2.2% of the 3.5% rise was directly correlated to Uncle Sam’s support of the auto and [...]
By Larry Doyle on Oct 30, 2009 in Current Affairs | 1 Comment
Promo bumped down: The Nov. 1st show for NQR’s Sense on Cents with Larry Doyle has concluded. You can listen to a recording of the episode in its entirety at BlogTalkRadio or via iTunes (see our right column for instructions).
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Who truly protects the average American investor? Our financial regulators are licking their wounds [...]
By Larry Doyle on Oct 28, 2009 in Auto Industry, Bailouts, Economy, Sense on Cents (Larry Doyle blog) | 14 Comments
Turning the corner? No more bailouts? You didn’t actually believe the wizards in Washington, did you? Why?
GMAC is back in line for another injection of YOUR money. Recall that GMAC was bailed out initially during the government takeover of GM. GMAC was then spun off in order for Uncle Sam to effectively provide taxpayer [...]
By Larry Doyle on Oct 25, 2009 in Economy, Sense on Cents (Larry Doyle blog) | 14 Comments
Is there a hotter topic currently on Wall Street than compensation? I have to admit, I have a range of emotions on this issue. I pride myself on being a proponent of free market capitalism. As such, while the government needs to be actively involved in regulating the marketplace, beyond that I would just as [...]
By Larry Doyle on Oct 22, 2009 in Economy, NoQuarter Radio, Sense on Cents (Larry Doyle blog) | 0 Comments
PROMO BUMPED DOWN: Sunday night’s NQR’s Sense on Cents with Larry Doyle has concluded. You can listen to a recording of the episode at BlogTalkRadio or via iTunes. (See iTunes directions in the right column.)
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Follow the money. Despite what analysts and pundits may say, if you want to get to the root of an [...]
By Larry Doyle on Oct 20, 2009 in Economy, FINRA, SEC, Sense on Cents (Larry Doyle blog), Wall Street | 14 Comments
Is Mary Schapiro a liar? Are other FINRA executives also liars?
Fully appreciating that merely asking these questions is aggressive by its very nature, I do not ask them in a derisive fashion. The fact is, the answer to those questions in the eyes of Richard Greenfield is an unequivocal, “Yes!”
Who is Richard Greenfield? I had [...]
By Larry Doyle on Oct 19, 2009 in Economy, Sense on Cents (Larry Doyle blog) | 11 Comments
Twenty-two years ago today the equity markets crashed. The Dow Jones Industrial average cratered by a whopping 22%!!
Have our markets, economy, and financial regulatory oversight progressed, regressed, or is it merely “deja vu all over again?” Well, with the markets up 1% on the day and 50% off the lows in March of [...]
By Larry Doyle on Oct 17, 2009 in Economy, SEC, Sense on Cents (Larry Doyle blog) | 34 Comments
You must be kidding me.
Our financial regulators, both the SEC and FINRA, certainly failed American investors. The structural failures of these regulators have been highlighted by their own internal reviews authored by David Kotz for the SEC and Charles Bowsher for FINRA.
Over and above the structural failures of these regulators, both the SEC and FINRA [...]
By Larry Doyle on Oct 17, 2009 in Current Affairs | 0 Comments
Program concluded - listen to archived show.
Join me at 8PM for NQR’s Sense on Cents with Larry Doyle as we dig deeper and work harder in navigating the economic landscape.
The detonation of the bombs that have hit our economy may have been launched on Wall Street, but certainly the collateral damage has been experienced [...]