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Bizarre ways, the world Series Finale feels a heck of a lot like todays market where the dow dipped 77 points. S p declined 0. 65 . Nasdaq lost 0. 93 . Now, you know me. I care about the players for certain, and the game is definitely of interest. But when i think of cleveland versus chicago, im defaulting to a map of cramerica and the players that rule those two cities. In chicago, its walgreens boots alliance, boeing, Archer Daniels midland, united continental, and allstate. Sherwinwilliams, Parker Hannifin, keycorp and cliffs natural resources. I have no idea who wins the big game tonight, ...

Wonderful example so assuming some social and economic provisions ought to be in the tax laws, lets think about tax credits. Every dollar of tax credit saves you one dollar. It doesnt matter what your marginal tax bracket is. So if you owe a thousand dollars and you get a thousand dollar tax credit, you dont owe anything. If you owe a million dollars, you owe a million minus 1,000. Now, the tax credits also should be refundable in many cases where they are social programs because a refundable tax credit like the earned income tax credit which says people who are working but dont earn a living ...

Were getting the move. There is two primary ones. Better china trade data, particularly on the exports. Then bank earnings, jpmorgan, lets call it good enough. Thats my phrase. People were expecting downbeat commentary. We didnt get that. That helped move the financials and the overall markets. High cash positions forcing a lot of people into the markets, Short Covering going on. Look at the china trade data. The news on china has been relentlessly bearish for a year. Everybody said, oh, my heavens, maybe the news isnt so bad. Short covering rally and hang seng, up 3 . Japan up, france up, eve...

All politics is local. So it is not the ideological economic situation. It is difficult to make sure governments advice. Because they can be a politically very, very painful process. And no wonder in india it took election and very powerful, very determined Prime Minister to make progress recently. In nigeria is a bit political. So i dont think, i dont think theres a very clear understanding, a very clear consensus on it. Im not aware of one single government which will save no, no, no. We definitely think is a good idea. It is just that the Prime Ministers and finance ministers are looking fo...

Viable in the philippines. Again, human behavior. Its taken them ten years to pass the Renewable Energy act. Its taken them another five years. Human behavior effects this. And i think theres a lot of opportunities where asia can do better. Biofuels, and i call this more efficient use of coal. When i was in charge of the clean energy program, i got hammered i used to get hammered all the time by grease peace, because it was called the asian dams and bridges bank and we finance a lot of coal, they say its changed. But they use to hammer us all the time and say, no, you cant use clean coal becau...