Trefis: Highlights Week Ending 26 July 2013
Written by Trefis
Below is a summary of the activity at Trefis during the past week that Trefis thoughtEconintersect readers would find interesting.
Trefis is a financial community structured around trends, forecasts and insights related to some of the most popular stocks in the US. It provides the unique feature of allowing the user to model future valuation based upon projected changes in components of each business. It also provides communication capabilities among members, including consensus of member analysis compared to Trefis staff analysis and blogging opportunities for members.
Click on graphic for larger image and go to
Trefis interactive page.
Click "Read more..." to see our clickable table of contents and most covered companies of the week.
What We Read Today 27 July 2013
Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list has an article that argues the biggest problem with banks is in fact size and not complexity........ and the last article is about denial by farmers of human caused climate change.
A Word from This Newsletter's Sponsor
The Death of the PC
The days of paying for costly software upgrades are numbered. The PC will soon be obsolete. And BusinessWeek reports 70% of Americans are already using the technology that will replace it. Merrill Lynch calls it "a $160 billion tsunami." Computing giants including IBM, Yahoo!, and Amazon are racing to be the first to cash in on this PC-killing revolution.
Yet, a small group of little-known companies have a huge head start. Get the full details on these companies, and the technology that is destroying the PC, in a free video from The Motley Fool.
Pope cancels, town upset
A last-minute cancellation by Pope Francis has the town of Guaratiba, Brazil, disappointed and financially drained.
Infographics of the Day: How Companies Are Targeting Customers And Predicting Behaviors With Analytics
Today's consumer companies like Amazon and Netflix are using the power of predictive analytics to anticipate their customers' behaviors and needs. Check out our latest infographic to learn more about how these companies are making smarter recommendations for their audiences.
Beyond Robotics and Jobs
Written by Steven Hansen
Almost a year ago, I penned Advancing Towards A World Without Jobs concluding that robotic technology will relentlessly eliminate jobs.
Half a century ago futurists predicted a world to come where automation would eliminate the need for humans to do many jobs.... Somewhere between that time and the present someone forgot to plan how these 'liberated' people would get enough money to be able to afford to 'grow the human experience.'
Read more >>
Earnings Season Is Starting to Look Like a Disaster
by EconMatters, EconMatters.com
Earnings season is starting to ramp up, and its abundantly clear that we have a problem. We had this occur last year as we were pushing all-time highs in markets, and the bulls wouldn't let stocks drop even as a couple of misses started happening. Then on a Friday before option's expiration, all hell broke loose because there were so many misses and stocks getting killed that the carnage was too much to fight, and the bulls capitulated.
This earnings season is much worse many companies are missing on the revenue side, companies haven't figured a way to manipulate this portion of earnings as easily as the EPS number via stock buybacks. But things are so bad major equity bellwethers like Goggle, Microsoft, and Intel are just plain missing by any quarterly metric.
NY Times Reports on Keen, Bernanke, Kindleberger and Minsky
by Dirk Ehnts, Econoblog101
Last week
The New York Times carried an article on the Australian economist Steve Keen and Ben Bernanke, indirectly mentioning Minsky and Kindleberger as well. After the article on MMT earlier this month this article has been written by an author who is more, well, focused (Floyd Norris). Here is an excerpt:
Anthony Weiner, Cover Boy
Econontersect: Former congressman and now candidate for New York Mayor Anthony Weiner got what would normally be a boon to anyone running for head of the Big Apple: a cover of The New Yorker and a feature article inside. But this is not a normal situation, as Weiner is embroiled in a telephone sex scandal.
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Click through the Read more >> link to see the full cover.]
Gloomy Greeks Remain the World's Most Pessimistic Nation
by Felix Richter, Statista.com
According to a Gallup poll, the people of Greece remained the most pessimistic in the world about the direction of their lives in 2012. With an austerity ravaged economy, mass public sector layoffs and a 27 percent unemployment rate, Greek doubts about the future come as little surprise.
Interestingly, the highest levels of pessimism worldwide can be found in Europe. Apart from Greece, the Czech Republic has the world's second most pessimistic population at 33 percent while Slovenia rounds off the top three with a 32 percent pessimism rate.
