| How a Pro Thinks About Investing in New Markets
A good example is Mitsubishi UFJ, Japan's largest bank, which has a price-to-earnings ratio in the high single digits. Management is reasonably good and improving; it's just that investors have become despondent with the domestic economy and the prospect for rising interest rates. But we see that as a cyclical setback, not a permanent one, so we're buying in now at a low valuation. You're also buying in at a time when Japan's currency is hitting new highs against the dollar. Does that play into your strategy, too? Every one of the target prices for the stocks we follow closely is dependent on currency changes. So big currency swings can change our holdings. Take Yamaha Motors, which we think is a great company; they make motorcycles, ATVs, and outboard motors. As the yen recently strengthened, we saw investors selling the stock on the expectation that it would impact overseas sales, which gave us an opportunity to add to our position.
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Samsung unwraps GX-20 DSLR, new compacts
Samsung today became the latest in a series of camera makers to update their lines for the PMA photography show next week. At the top of the line, the GX-20 digital SLR is a close cousin to the similarly new Pentax K20D but with key differences; while it shares the same 14.6-megapixel, low-noise CMOS camera sensor as the K20D, the GX-20 includes a different on-camera interface and generates JPEG images differently than its Pentax sibling. The Samsung unit's physical design is also different and sports a dedicated RAW shooting button that produces an uncompressed shot even when the camera is normally set to JPEG mode. The GX-20 also boasts optical image stabilization and a dust removal system that works both actively through a shaking system and passively through a dust-repellant coating.
7 Reasons Why the Bond Market is Wrong on Inflation
This is far above the rate of GDP and is the reason why prices are rising on both the consumer and wholesale level. Reason #3: Precious metals, commodities and energy prices are soaring and commodities of all stripes have been reaching new nominal highs recently. It is virtually impossible to have these inflation-sensitive commodities rising simultaneously without an elevated rate of monetary inflation. Reason #4: The world's biggest market, one that dwarfs the bond market 10 fold with a 1.9 trillion dollar per day trading volume, is the foreign exchange market. This market has sent the U.S. dollar to record lows on the trade-weighted index. The falling value of the dollar is not only indicative of higher inflation, it is part of the definition of inflation. It causes import prices to increase and lends itself to rising asset prices inside the U.S.
Bringing AIDS awareness to the black community
Monday through Friday. Black Leadership Council on HIV Community meeting: 6-8 p.m. Feb. 27, Yesler Terrace Community Center, 917 East Yesler Way. POCAAN (People of Color Against AIDS Network): www.pocaan.org/home.html; 2200 Rainier Avenue S.; 206-322-7061. .
C.U. Republicans Call for New Gun Policy
In the wake of last week's tragedy at Northern Illinois University and last April's massacre at Virginia Tech, the seemingly endless series of school shootings has incited debate over the safety of college communities across the country. Yesterday, the Cornell College Republicans placed about 20 signs on the Arts Quad that publicized their stance on the increasingly polarizing issue of the concealed carry of weapons. They have joined the approximately 12,000 students nationwide who are part of a grassroots effort that is advocating for concealed weapons license holders to be able to carry their weapons on campuses. Although prevalent on the Arts Quad during the morning hours, the removal of many of the signs by the afternoon conveyed a sense of disapproval from some members of the Cornell community who support the University's “gun-free zone" policy.
Technology and Sports: Blurring the Line Between Virtual and Reality
Already, there are glimpses of 3-D technology in sports and entertainment, notes James Oliver of Iowa State University. More movies are being shown in 3-D, including this month's release of U2 3D featuring concert footage from the rock group U2. The Wimbledon Lawn Tennis Museum in London features cinematic techniques designed to give the sensation of seeing championship tennis in 3-D. Whats Linux with a Lineage?Verio Linux VPS delivers root access, advanced FairShare technology for better performance, and support that's actually supportive. It's all from Verio, the Virtual Private Server technology pioneer with over 500,000 customers. Test-drive Linux VPS here. .
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