The NBR website, along with the rest of the www.pbs.org domain, will undergo a technical update this evening. This is an emergency update, and it will likely prevent us from publishing some content we usually publish each night.
We believe we'll be able to provide streaming video of the 7/28 program, though there might be a problem with the QuickTime file dialup users access. We might also have trouble providing our video and audio podcasts. In addition, we hope to have transcripts available by 10 PM EST, but this might not be possible.
If some content does not get published this evening, we will publish it on Wednesday.
We appreciate your patience as we implement this emergency web update.
Those of you looking for our transcripts or our podcast may not be able to find them this weekend. We are experiencing problems with the website that prevent publishing of these features. The good news is that our Flash video should still work, and -- as you can see -- our blog is still publishing.
We thank you for your patience. We have a technical team working to fix these problems, and we'll publish our content as soon as we are able.
NBR's Darren Gersh isn't one to toot his own horn (too much), so I thought I'd write this entry. During Monday's Congressional debate about the bailout plan (which we all know eventually failed to get enough votes in the House of Representatives), Senator Lamar Alexander (R - Tennessee) read part of a Darren Gersh report on the floor of the U.S. Senate. You can watch the clip below.
It's amazing how corporate attitudes change over time. Sometime in the last nearly 40 years since Earth Day started being observed, "going green" has moved from an idea environmentalists talked about to a mission corporate America aspires to. In tonight's program, I interview Interbrand CEO Andy Bates about a survey his company sponsored. The survey asked consumers which corporate brands they perceive as "most green."
Surprisingly, those surveyed chose no company at all as the number one "most green" brand. But respondents did rate Toyota, BP, The Body Shop, and Honda as the next four "most green" companies. A triumph of corporate propaganda? Or is there something "authentic" that consumers sense about these four brands? Bates thinks that consumers do see a difference, particularly since Toyota and Honda have been first to market with hybrid vehicles. The Body Shop has long held itself as a purveyor of green-only products. BP has spent many billions to develop an alternative energy division.
I haven’t conducted a poll, but I think I’m on solid ground when I say most Americans think the Federal Reserve is boring. (Here, of course, I’m refusing to acknowledge that quite a few Americans have never heard of the Fed.) No doubt there are a handful of Americans out there who get heart palpitations before each FOMC rate cut decision, but I’d be willing to bet that a vast majority of those excitable souls are economists with posters of Irving Fisher above their headboards.
Yet, as we sit waiting for what will likely be the central bank’s second rate cut in just a little over a week, I’m finding the Fed more and more intriguing. I wouldn’t quite say I think the Fed “exciting,” but I did just yesterday pick up a copy of the Federal Reserve Bank of St. Louis Review for January/February 2008 and, in it, read a copy of William Poole’s September 28, 2007 speech, “Thinking Like a Central Banker.” (The text of the speech is also available on the St. Louis Fed’s website.)
On tonight's program, NBR anchor Paul Kangas asks "Street Critique" guest Hilary Kramer, Market Strategist and Personal Finance Editor at AOL, to review the stock recommendations she's made over the past few months. As you'll learn in the interview, she picked a lot of winners and only one loser. Her strongest pick posted a more than 60% gain; her loser only a fractional loss. Paul also finds out if Hilary recommends making some profit-taking moves on these plays or staying with them for a while longer. The interview wraps up with Hilary's take on the future. She says be ready for oil's impact.
After watching the interview, how would you evaluate Hilary's picks? And, what impact do you think oil will have on the markets?
We have no plans to recycle NBR anchor Paul Kangas' latest interview with Hilary Kramer, Personal Finance Editor at AOL and author of Ahead of the Curve, but we might want to. After all, the topic of this "Street Critique" is recycling. Hilary says companies can improve their margins by figuring out how to use their waste products. And, those improving margins make them attractive plays. She points to the stocks of four companies that could benefit from a push to recycle, particularly efforts to turn waste into energy.
It's the end of a quarter on Wall Street, which means it's time to get the market wrap up from Sam Stovall, Chief Investment Strategist at Standard and Poor's. NBR anchor Paul Kangas asks Sam to identify the major winners and losers on the Dow, Nasdaq Composite, and S&P 500. Sam also explains why he was impressed by the how the markets performed in the third quarter. He also offers some general predictions about the 4th quarter and some sector picks.
On tonight's program, NBR Anchor Paul Kangas gets a "Street Critique" from Kevin Depew, Executive Editor of the financial education website Minyanville.com. Paul and Kevin begin their conversation with a look at the financial sector. Kevin explains why the Fed's recent interest rate cut hasn't had a major impact on financials. Paul also asks Kevin if he thinks the worst is over for the dollar. And, of course, Kevin brings NBR viewers his three latest stock recommendations.
What's your take on the financial sector and Kevin's picks?
On tonight's program, Anchor Paul Kangas chats with "Market Monitor" Michael O'Higgins, President of O'Higgins Asset Management. O'Higgins is known for going after undervalued stocks he calls, "The Dogs of the Dow." Paul begins the interview by asking O'Higgins how the rest of the year will play out for the markets. They also touch on gold before heading into O'Higgins latest stock recommendations.
Are you on the look out for "The Dogs of the Dow?" Have you spotted any that O'Higgins failed to mention in the interview?