While the US economy suffers from severe joblessness, one of China’s largest manufacturers, Foxconn Technology Group, is making plans to add about 400,000 new jobs over the next year and build new factories. True, it’s the same Foxconn that recently experienced a string of 12 worker suicides, but apparently things are looking up! After doubling [...]
Nothing much happened on Wall Street Friday. Gold…stocks…held more or less where they were. So, we take up another week…wondering…waiting…trying to puzzle out what is going on. Just like every other week! Economists are finally beginning to ask questions. How come the economy isn’t doing better? Why aren’t consumers spending? Why aren’t businesses hiring? They [...]
SCHIPHOL, NETHERLANDS–(Marketwire – 11/11/09) – Elephant Talk Communications, Inc. (OTC.BB:ETAK – News), an international telecom and multimedia content distributor, today announced it has completed the final closing of its private placement for $12.3 million to accredited investors.
The Dow rose 200 points yesterday, bringing it only about 75 points below the 10,300 level. Why is the 10,300 mark important? It’s not really…it’s just the point where this bounce will equal the bounce following the crash of ’29. No reason in particular that this bounce should be the same as the one 80 [...]
