Perkins’ Picks

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Chanel is to cut 200 jobs as fears grow that the supposedly recession proof luxury market is falling victim to the global credit crisis. Citing a steep decline in this year’s sales, the largest French union, the CGT, said the losses at the French fashion label would concern all staff on fixed term and temporary [...]

 
This Tuesday a Boeing 747 passenger jet took off for a 2 hour flight to test a new biofuel/diesel fuel hybrid.  If implemented the new fuel could mean lower fuel costs for airlines in the years ahead and less air pollution as well.   The new aviation fuel hybrid consists of a combination of jatropha seeds [...]

Icelandic singer partners with financial services firm to launch sustainable investment fund. Read about the story here.
SHARETHIS.addEntry({ title: “Bjork Turns Venture Capitalist”, url: “http://thrasherfunds.com/blogs/blog/2008/12/bjork-turns-venture-capitalist/” });

Stephen Spielberg’s charity held its funds with Madoff. I still say they went too hard on Martha Stewart. The regulatory agencies look stupid for trying to make an example out of her… meanwhile, the financial crisis and fraud has happened. Annoying. $50 billion gone.
Madoff Gets Shoved on His Way to Court

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A Couple of Things Obama Said Today Addressing the Nation’s Governors Re: the Economy That Shows Perhaps He Really Really Gets It:

He says “invest” tax payer dollars
He says “can’t just keep printing money”
He says “there is a time to campaign and a time to govern”
He specifically addresses his Republican counterparties; because we have 2 [...]

Does what you drive, drive America? Check out http://www.levelfieldinstitute.org
A group of retired autoworkers joined together to form Level Field Institute, a non-profit research organization that fosters greater understanding about of automobile purchases and the affect on U.S. communities and the U.S. economy.
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Federal Reserve policymakers now expect the U.S. economy to contract for as much as a year, with the risk that the slowdown could persist for even longer, according to minutes from a meeting of the Federal Open Market Committee on Oct. 28 and 29. They were saying this in Oct.
The Federal Reserve was created by [...]

I am looking for new catalysts that will have the best chances of auguring stock appreciation.

Earnings season will not be inspiring to many investors at all as these horrible economic numbers find their way into company’s results. Our market operates on catalyts and that is where you can make money, being ahead of the catalyst.

To [...]

I recently went to ABC News to talk about the market mayhem, my views on what’s going on as written about in the Perkins’ Picks weekly newsletter… I also shared with them a few investment ideas and advice and most importantly how to invest like a rock star.

Watch video
httpv://abcnews.go.com/video/playerIndex?id=6026679
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