News on Permanent Portfolio Fund (PRPFX)Sunday December 21st 2014
Latest news for Permanent Portfolio(PRPFX) (See analysis on PRPFX)
Aggregared News for Permanent Portfolio(PRPFX) from various sourcesWhy Republicans are rooting for the Kansas City Royals
[at MarketWatch] - Like many investment theories, the World Series Predictor is supposed to show a link between two events, writes Mark Hulbert.
[video] 'Hedge your bets' amid geopolitical turmoil: Pro
Is the 'Permanent Portfolio' Permanently Broken?
[at TheStreet] - Mutual funds and exchange-traded funds based on the concept of a 'permanent portfolio' face rough sledding because of the prospects for bonds and gold.
Latest business news
Sunday December 21st 2014: Latest financial news from the worldU.S. gas prices fall to lowest since May 2009: Lundberg survey
By Ryan Vlastelica NEW YORK (Reuters) - The average price of a gallon of gasoline in the United States fell 25 cents in the past two weeks, tumbling to its lowest level in more than five-and-a-half years, according to the Lundberg survey released Sunday. Prices for regular-grade gasoline fell to $2.47 a gallon in the survey dated Dec. 19, down 25 cents since the previous survey on Dec. 5. The recent drop has taken prices down more than $1.25 a gallon since a recent peak in May of this year. ...
Obama says Sony hack not an act of war
By Steve Holland and Doina Chiacu WASHINGTON (Reuters) - U.S. President Barack Obama moved to prevent U.S. anger at North Korea from spiraling out of control on Sunday by saying the massive hacking of Sony Pictures was not an act of war but instead was cyber-vandalism. Washington's longstanding dispute with North Korea, which for years has centered on its nuclear weapons program, has entered new territory with the accusation that Pyongyang carried out an assault on a major Hollywood entertainment company. ...
Saudi Arabia says won't cut oil output
By Rania El Gamal and Maha El Dahan ABU DHABI (Reuters) - Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years. Referring to countries outside of the Organization of the Petroleum Exporting Countries (OPEC), Saudi Oil Minister Ali al-Naimi told reporters: "If they want to cut production they are welcome: We are not going to cut, certainly Saudi Arabia is not going to cut. ...
Exclusive: Southwest's oil swap trade waiver raises CFTC questions
WASHINGTON (Reuters) - Last month's move by the U.S. commodities regulator to let Southwest Airlines Co keep its multibillion-dollar oil trades secret for 15 days offered the world's biggest low-cost carrier a break it has been seeking for three years.
Last U.S. holiday shopping weekend off to solid start
CHICAGO/NEW YORK (Reuters) - Shoppers filled up malls and department stores on the last weekend before Christmas, as the weather cooperated to help raise the prospect of a solid finish to a holiday season that has so far produced mixed results.
Oil, stocks go their separate ways
NEW YORK (Reuters) - Investors have wrung their hands over the last several weeks over the effect of lower oil prices on the broader S&P 500, but the relationship between the two is actually starting to break down.
Capital hike, asset sales to fill gap at Monte Paschi: chairman
VIENNA (Reuters) - Italian lender Monte dei Paschi di Siena expects to complete its planned capital increase by July and can use divestments to help plug a hole in its balance sheet, Chairman Alessandro Profumo told an Austrian newspaper. Monte Paschi needs to shore up its capital base following this year's euro zone health check of European banks. It plans a cash call of up to 2.5 billion euros ($3.06 billion) next year. ...
DISH, Comcast SportsNet reach deal in regional dispute
WASHINGTON (Reuters) - Satellite TV provider DISH Network Corp and Comcast Corp's SportsNet have reached a deal allowing the cable giant's regional sports networks to remain on-air for DISH subscribers, the two companies said on Saturday. The two pay-TV companies have been in negotiations over whether DISH would drop Comcast's regional sports network, threatening access to televised games for satellite-TV customers in the Chicago, San Francisco and Washington areas. ...
ECB's Coene supports government bond purchases: newspaper
BRUSSELS (Reuters) - The European Central Bank should start buying government bonds to tackle poor investor confidence and low inflation in the euro zone, governing council member Luc Coene said in an interview published on Saturday. The Belgian central bank chief said the bank had already waited too long, and that this could be one tool to spur economic activity in the 18-country euro zone and fight off deflationary pressures. "In this context, the purchase of sovereign bonds could prove to be an effective tool," he told La Libre Belgique. ...
Exclusive: GM develops contingency plans in case Takata recalls widen
By Ben Klayman DETROIT (Reuters) - General Motors Co has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said on Friday. More than 21 million vehicles have been recalled globally by numerous automakers since 2008 because of defective Takata Corp inflators that could rupture and shoot metal shards into the vehicle and have been linked to at least five deaths. GM's plans include directing Takata to share with rivals TRW and Autoliv the No. 1 U.S. ...
General strike shuts down services across Greece
ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demonstrations to protest further austerity cuts in the cash-strapped country.
Unemployment rates fall in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading
Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.
US stocks edge higher in midday trading
Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.
US stocks are mixed in early trading
Gamer pleads guilty to making emergency call to report Grand Theft Auto shooting
Mike Myers, as Dr. Evil, mocks Sony and North Korea on SNL
The Sony hack: 9 more things you didn't know
Hands-on with the CM4 Q Card Case for iPhone 6 Plus: Carry cards while using Apple Pay
The peculiar star of the Sony hack: Email
The massive hack has raised questions about First Amendment rights, privacy and cyberwarfare. But there's a subtler issue at play when we look at all the news stories that have come from hacked inboxes: Why do we put this stuff in email?>
The Road to Hell for Any Brand Is Paved With Guaranteed Marketing Results
Every agency has heard so many times: "can you guarantee marketing results?"As soon as I even think the client is serious, I know it's never going to be a productive relationship!No agency can guarantee results across all marketing initiatives. We don't control product pricing, technical and marketing infrastructure, branding positioning,...
Staples: Hack may have affected more than a million payment cards
North Korea denies it hacked Sony, demands joint inquiry with US
'MythBusters' returns with new vibe, casting changes
'The Interview' Sony scandal explained in hilarious animations
Bitcoin bigwig goes to prison in Silk Road case
Organization Matters: Organize Your Life and Your Business Around You
"The rational mind is the humble servant, the intuitive mind the faithful gift. We have created a society that honors the servant and has forgotten the gift." -- Albert EinsteinIn Unconscious Branding, Douglas Van Praet quotes Harvard Marketing Professor Gerald Zaltman, who explains that we are unaware of as much as 95 percent of the reasons...
Sony and the rise of state-sponsored hacking
Microsoft flips 'Switch' campaign to help new Surface Pro 3 buyers leave MacBooks behind
How well is the Surface Pro 3 doing? Microsoft doesn't share numbers, but apparently the third time's the charm. And if a new Microsoft initiative is any indication, those buyers are coming from an unexpected place.
Top iOS news of the week: iPhone accessories cause camera glitches, Russian store closed, not guilty
Apple Pay responsible for 1 percent of November digital payments, Google Wallet garners 4 percent
Android lawsuit against Google too vague, says judge
Best last-minute Christmas deals on Apple iPad Air, mini tablets
Cheap Black Friday/Cyber Monday Android tablets riddled with vulnerabilities and security headaches
Cheap tablets on offer over Black Friday and Cyber Monday may have seemed like a good deal, but security researchers warn that some of these devices may be riddled with vulnerabilities, security misconfigurations, or even security backdoors.
I poured soy sauce all over my hydrophobic white shirt (hands-on)
Top Android news of the week: Todoist, Pebble Watch, $5,000 phone
Sony to release 'The Interview' after all?
For the US connected classroom, a leap forward
Tesla tentatively tests battery swap plan
2014 Is Ending, but This Wave of Technology Disruptions Is Just Beginning
The sun is setting on 2014, but we're about to watch a new wave of technologies rise and remake the world. (Katherine Frey/The Washington Post)Changes in technology are happening at a scale which was unimaginable before and will cause disruption in industry after industry. This has really begun to worry me, because we are not ready for this...
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