Best Business Commentary
If only stocks were like tainted toys. Evaluating Apple's core.
I want a recall
“If only Mattel Inc. were in the brokerage business,” says David Weidner in MarketWatch. Then maybe we could have a recall of “radioactive” hedge funds and “anything-backed securities.” Wouldn’t it be nice “if we could take them all back and get a refund”? Essentially, that is what investors are trying to do, bailing from hedge funds, steering clear of junk bonds, and running from private equity firms like Blackstone and Fortress. So treat those investments like lead-covered Chinese toys and demand a refund. “If they haven’t already made you sick.”
Look past the Jobs circus
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
“When Steve Jobs says jump, should the market’s response always be, how high?” says Dan Burrows in SmartMoney.com. Apple Inc. shares rose 14 percent over several days after the company announced yesterday’s big event, and the event “didn’t disappoint”—Jobs unveiled “a fairly strong extension of some super-popular products and services.” But investors should look beyond “the three-ring circus atmosphere that Jobs takes pleasure in perpetuating” and focus on Apple’s fundamentals: strong iPod, iPhone, and Mac prospects, and a new operating system. “The fundamental picture, after all, is shiny enough.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Create an account with the same email registered to your subscription to unlock access.
-
Duchess of Gloucester: the hard-working royal you've never heard of
Under The Radar Outer royal 'never expected' to do duties but has stepped up to the plate
By Chas Newkey-Burden, The Week UK Published
-
Are 'judge shopping' rules a blow to Republicans?
Today's Big Question How the abortion pill case got to the Supreme Court
By Joel Mathis, The Week US Published
-
Climate change is driving Indian women to choose sterilization
under the radar Faced with losing their jobs, they are making a life-altering decision
By Theara Coleman, The Week US Published