Jubak Picks

Update General Electric (GE) in my dividend income portfolio

Jim Jubak — Wed, 16 May 2012 21:39:01 +0000

Shares of General Electric (GE) popped today, May 16, on news that its finance unit GE Capital will resume paying dividends—to parent General Electric. GE Capital suspended its dividend payments to GE in 2009 in midst of the global financial crisis. (I added General Electric to my dividend income portfolio http://jubakpicks.com/jubak-dividend-income-portfolio/ on February 3, 2011.) [...]

Good U.S. economic news can’t stem the euro slide

Jim Jubak — Wed, 16 May 2012 20:28:39 +0000

When lightening struck the plane of newly elected French President Francois Hollande yesterday while he was on his way to meet with German Chancellor Angela Merkel, I had a sudden dark thought that nothing would ever go right in the global economy every again. But Hollande’s plane safely returned to Paris and the French President, [...]

In the short term don’t bet against the world’s central banks, but in the long term the risk is that one central bank or the other will make a mistake

Jim Jubak — Tue, 15 May 2012 12:30:54 +0000

The financial markets’ faith in the world central banks would be touching if it weren’t so scary. In the late 1990s we had what was called the Greenspan put. In the dark days when the collapse of a hedge fund portfolio at Long-Term Capital Management threatened global financial markets, then Federal Reserve chairman Alan Greenspan [...]

The People’s Bank cuts bank reserve ratios again but why is China moving so slowly to stimulate its economy?

Jim Jubak — Mon, 14 May 2012 15:08:00 +0000

So far the directional assumption seems to be right, but there are increasing questions about the pace. The assumption is that the more China’s economy indicates that it is slowing, the more steps Beijing will take to stimulate the economy. The action this weekend indicates that’s still a reasonable assumption. In data released Friday the [...]

Update Home Inns and Hotels (HMIN) on first quarter earnings

Jim Jubak — Fri, 11 May 2012 20:19:27 +0000

I’d call the first quarter report from Home Inns and Hotels Management (HMIN), delivered yesterday after the close of markets in New York, very reassuring. Apparently, the stock market as a whole agrees: as of 2:45 today, the shares are up 5.1%. (Home Inns and Hotels Management is a member of my Jubak’s Picks portfolio [...]