Amazon's New 'Friend' to the iPad, Reasons to Dislike Whole Foods Shoppers, and a Second Chance for Facebook, Maybe
We've pulled together the best in our coverage of unusual business news, investing strategies, and market commentary.
Amazon's Kindle Fire HD Is a Menace to Android and a Friend to the iPad I've spent an awful lot of time exposing some ugly truths about the sorry state of the Google (GOOG) Android tablet market. And unfortunately, things are about to get worse, courtesy of Amazon's (AMZN) new Kindle Fire HD.
Yes, There Are Still Jobs Out There for Pole Shavers, Gimp Tackers, and Bottom Nailers While "Human Projectile" needs no further explanation, the job descriptions for "Pole Shaver," "Cheese Cutter," "Box Nailer," and so forth can be found here. And so, without further ado, per the modern-day Dictionary of Occupational Titles, Fourth Edition:
Hardware: Is There a Reason to Upgrade? At least two new product introductions common to the non-Apple computing world are forcing this redesign of the basic black or silver box that is the computer. The producers of both these products have the deep pockets to make sure everybody hears about it many times a day from now through the holiday season.
Will 'Arrested Development' Be the Savior of Netflix? Netflix does have another strategy to retain and add subscribers: Original programming. Yes, the online movie giant is hoping to become the new HBO (TWX) of sorts, as it plans to devote 5% of the estimated $3.7 billion it will spend on content over the five years on original programming.
Attention Whole Foods Shoppers: Everyone Hates You If buying organic doesn't have a physiological impact on consumers, what does it do? Apparently, it has turned them into a pack of raving a**holes.
10 Outrageous Patent Attempts, Including 5 That Actually Worked If the Apple (AAPL) vs. Samsung (SSNLF) trial has taught us anything, it's that knowing what's patented and what isn't can save you a lot of heartbreak. Although at first glance copyright law seems straightforward and understandable, you'd be surprised by the crazy things people have attempted to have patented, and perhaps more so by the attempts that were successful. The following is a list of the most absurd things people and corporations have failed at -- and succeeded in -- making their personal property.
Whats Does the New 'Tweets per Minute' Metric Really Mean? When did we start talking about one's TPM? So far, Twitter has not responded to Minyanville's request for background on the metric's origin, but a Web search shows usage of the term stretching all the way back to the 2012 Olympics.
Central Bankers and the Markets: A Worrisome Correlation in Confidence Earlier this summer, David Lucca and Emanuel Moench, two economists at the NY Federal Reserve, reported that "since 1994, more than 80% of the equity premium on US stocks has been earned over the twenty-four hours preceding scheduled Federal Open Market Committee (FOMC) announcements." Per Lucca and Moench, without this phenomena, the S&P 500 (^GSPC) would be trading today closer to 600, rather than its current 1400 level. But while on the surface policymakers' ability to lift nominal asset prices to such heights may appear to be a strength to be celebrated, I am afraid that the front running phenomena suggested by Lucca and Moench raises concern.
Was Obama's Auto Industry 'Reinvention' Good for Detroit? Make no mistake: The American automotive industry is in relatively good fiscal shape. And Ford (F), GM and Chrysler are designing and manufacturing their best cars in at least a generation. So what's interesting about the story of an auto industry turnaround presented by Democrats this week is that it flows from their assertion that Romney's preference to let Detroit go bankrupt would have had disastrous effects. Far from it.
Is It Time to Give Facebook a Chance? Now that the stock has lost more than 60% off of its overhyped and inflated IPO price, is it time for you to seriously consider stepping in? Technically the answer is not yet, and that's true even as Zuckerberg pledges to hold on to his shares. The time is, however, drawing near, and understanding what to look for is critical to making money in this stock.
Why Did Nicki Minaj Endorse Mitt Romney? Even if Minaj isn't serious about her endorsement (unlikely because she's Tweeted that Obama's health care legislation doesn't go far enough), is there a connection between this sort of laissez-faire worldview and your average rapper's relentless brag about his or her status as a nouveau riche?
Has QE3 Already Begun? According to recent statements by Bernanke, the Fed stands ready to act with further easing of monetary policy (QE3) if economic conditions warrant it. But let's face it: Because the Fed has never been audited, we only receive the data it deems fit to publish. Does anyone really believe the Fed is publishing true accounting numbers? I'm starting to suspect Bernanke has already begun the next round of quantitative easing.
Financial Storm Clouds Form on the Horizon I never wanted to be that guy, but it has always been our passion and purpose at Minyanville to tell the truth. Old school Minyans know all too well the evolution of our voice. Some joined us in Ojai when we delicately discussed the approaching housing crash; others ventured to Vail as we set the stage for the socioeconomic malaise; many raised their eyebrows when we fingered Dead Banks Walking in the summer of 2008; and when we foretold the sovereign sequel to the first phase of the financial crisis in 2010, it was well before its time.
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