Category Archives: Chart of the Day

Chart of the Day

Posted on April 14, 2019 by | Leave a comment

The Barron’s Averages (Industrials and Railroads) from 1906 to 1932.

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The amazing rise from the 1907 low to the 1929 peak was followed by the staggering decline of 1931 and 1932.

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Posted in 1906, 1931, 1932, Chart of the Day

Chart of the Day

Posted on April 12, 2019 by | Leave a comment

Below is a chart of the Discount Rate from 1928 to 1943.  The point of this chart is to show that the restrictive rate policy from 1928 to 1929 saw the stock market and economy increase significantly.  Meanwhile, the easy money policy period from 1929 to 1943 were the most devastating for the U.S. economy and stock market.

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This is an ironic twist on the idea that if the Federal Reserve lowers interest rates then that should explain why the U.S. economy improved from 2009 to 2019.  Interest rate policy and the Fed’s role is not the reason the economy turns around.  This explains why Japan has not recovered from the 1990 bust as outlined in our article “The ‘Even Greater’ Depression of 1990 to 2019.”

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Posted in 1928, 1943, Chart of the Day, discount rate, interest rates

Chart of the Day: EnSync Inc.

Posted on February 12, 2019 by | Leave a comment

According to Yahoo!Finance, “EnSync, Inc. [ESNC], together with its subsidiaries, develops, licenses, and manufactures energy management systems solutions for the residential and commercial energy systems, and independent utility energy systems markets in the United States and internationally.  The company was formerly known as ZBB Energy Corporation and changed its name to EnSync, Inc. in August 2015. EnSync, Inc. was founded in 1986 and is headquartered in Menomonee Falls, Wisconsin.”

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The Study of Failure

“Energy and Mines Minister Jose Ignacio Moreno Leon Tuesday warned that OPEC's failure to maintain production controls could lead a new deterioration in the organization's price levels. ("Venezuela's Energy and Mines Minister Jose Ignacio Moreno Leon..." UPI Archive: Financial, 22 Nov. 1983. Infotrac Newsstand. Accessed 22 Jan. 2019.).”

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Posted in Chart of the Day, ESNC, The Study of Failure

Chart of the Day: The MaryJane Group

Posted on February 8, 2019 by | Leave a comment

According to Yahoo!Finance, “The MaryJane Group, Inc., through its subsidiaries, provides lodging, events, spa services, and brand merchandising primarily in the cannabis industry in Colorado, the United States. The company was formerly known as Pladeo Corp. and changed its name to The MaryJane Group, Inc. in April 2014.”

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The Study of Failure

“Former Federal Reserve Board Chairman Arthur F. Burns says the federal government should not have guaranteed loans for Chrysler Corp., which he labeled a 'failing, inefficient firm.' ("Former Federal Reserve Board Chairman Arthur F. Burns says..." UPI Archive: Domestic News, 26 Oct. 1980. Infotrac Newsstand. Accessed 23 Jan. 2019.).”

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Posted in Chart of the Day, MJMJ, The Study of Failure

Chart of the Day: Box Ships Inc.

Posted on February 7, 2019 by | Leave a comment

According to Yahoo!Finance, “Box Ships Inc. provides commercial management services to shipping companies worldwide. The company was founded in 2010 and is based in Voula, Greece.”

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The Study of Failure

“Then the Fed came to the rescue. It helped arrange a loan for the Hunts. It arranged a bail-out for First Pennsylvania Bank, and the monetary authorities approved a loan-guarantee for Chrysler ("If one could watch financial markets on television Thursday..." UPI Archive: Financial, 14 Dec. 1980. Infotrac Newsstand. Accessed 23 Jan. 2019.).”

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Posted in Chart of the Day, The Study of Failure

Chart of the Day: Applied Energetics

Posted on February 6, 2019 by | Leave a comment

According to Yahoo!Finance, “Applied Energetics, Inc. engages in the development of ultra-short pulse lasers, laser guided energy, and direct discharge electrical products for military and commercial applications worldwide.”

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The Study of Failure

“'Here is the government guaranteeing borrowing, which means a note by Chrysler is equivalent to a Treasury bond,' said Burns. 'If Chrysler gets this loan - which is riskless to the banks - a failing and inefficient firm will get credit, while a well-managed, credit-worthy firm will not get credit.' ("Comparing the Chrysler Corp. with a private individual, former..." UPI Archive: Domestic News, 27 Oct. 1980. Infotrac Newsstand. Accessed 23 Jan. 2019.).”

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Posted in AERG, Chart of the Day, The Study of Failure

Chart of the Day: Videolocity International

Posted on February 5, 2019 by | Leave a comment

According to Yahoo!Finance, “Videolocity International, Inc., through its subsidiaries, operates as a Chinese management education and consulting firm in the People's Republic of China. Videolocity International, Inc. is based in Henderson, Nevada.”

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The Study of Failure

“A Chrysler-style bailout or a tax on atomic power are options for keeping the Three Mile Island utility solvent while it cleans up its stricken reactor, a Nuclear Regulatory Commission report said Friday ("Keeping Three Mile Island utility solvent." UPI Archive: Financial, 28 Nov. 1980. Infotrac Newsstand. Accessed 23 Jan. 2019.).”

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Posted in Chart of the Day, The Study of Failure, VCTY

Chart of the Day: Boston Carriers

Posted on February 4, 2019 by | Leave a comment

According to Yahoo!Finance, “Boston Carriers, Inc., through its subsidiary, Poseidon Navigation Corp., owns and operates a dry bulk vessel that transport iron ore, coal, grains, steel products, cement, alumina, and other dry bulk cargoes worldwide. The company was formerly known as Integrated Inpatient Solutions, Inc. and changed its name to Boston Carriers, Inc. in March 2016.”

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The Study of Failure

“The Massachusetts House Tuesday passed and sent to the Senate a $41 million funding bill that would avert the threatened shutdown of the bankrupt Boston transit system, which serves 250,000 commuters daily ("The Massachusetts House Tuesday passed and sent to the..." UPI Archive: Domestic News, 2 Dec. 1980. Infotrac Newsstand. Accessed 23 Jan. 2019.).”

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Posted in BSTN, Chart of the Day, The Study of Failure

Chart of the Day: Alpha Bank

Posted on January 26, 2019 by | Leave a comment

According to Yahoo!Finance, “Alpha Bank A.E., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally.”

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The Study of Failure

“Asked his philosophy on government subsidies and bailouts , Regan said, 'I'm a free, competitive man myself -- a capitalist by nature ... If we're going to have failures I think that's just part of capitalism.'
While that is his general philosophy, he said, it does not necessarily apply to the ailing Chrysler Corp., which already has received $800 million in government loan guarantees and is applying for $400 million more. Regan will become head of the government board in charge of these guarantees ("New Treasury chief: 'just trust American businessmen'." UPI Archive: Washington News, 6 Jan. 1981. Infotrac Newsstand. Accessed 23 Jan. 2019.).”

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Posted in ALBKY, Chart of the Day, The Study of Failure

Chart of the Day: National Bank of Greece

Posted on January 25, 2019 by | Leave a comment

According to Yahoo!Finance, “National Bank of Greece S.A., together with its subsidiaries, provides financial services.”

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The Study of Failure

“The Tokyo court said the oil industry failed to recognize the illegality of the production cartel which it formed in cooperation with the international trade and industry ministry ("A former president of Japan's leading oil company and..." UPI Archive: Financial, 26 Sept. 1980. Infotrac Newsstand. Accessed 22 Jan. 2019.).”

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Posted in Chart of the Day, NBGIF, The Study of Failure

Chart of the Day: ProBility Media Corp.

Posted on January 24, 2019 by | Leave a comment

According to Yahoo!Finance, “ProBility Media Corporation provides compliance and e-learning solutions worldwide.”

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The Study of Failure

“Among 87 violations uncovered at the undamaged Three Mile Island reactor, Ramirez said one problem could be equated with the serious human errors in the 1979 accident, in which operators failed to realize that a cooling system valve stuck open for two hours ("An order forbidding Metropolitan Edison Co. to make its..." UPI Archive: Domestic News, 26 Sept. 1980. Infotrac Newsstand. Accessed 22 Jan. 2019.).”

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Posted in Chart of the Day, PBYA, The Study of Failure

Chart of the Day: FreeSeas Inc.

Posted on January 23, 2019 by | Leave a comment

According to Yahoo!Finance, “FreeSeas Inc. (FREEF), a drybulk shipping company, engages in the transportation of drybulk cargoes.  The company was formerly known as Adventure Holdings S.A. and changed its name to FreeSeas Inc. in April 2005.”

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The Study of Failure

“But such a direct link between mistakes and learning is the exception rather than the rule. How is learning to take place if organisations and individuals involved in IT developments are more concerned with covering their tracks than learning from their mistakes? ("Computer: One huge crash - A report on the infamous collapse of London Ambulance's computerised dispatch system details every mistake in the book." Guardian [London, England], 28 Apr. 1994, p. 21. Infotrac Newsstand. Accessed 18 Dec. 2018.).”

More Outrageous Charts

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Posted in Chart of the Day, FREEF, The Study of Failure

Chart of the Day: NewLead Holdings

Posted on January 22, 2019 by | Leave a comment

According to Yahoo!Finance, “NewLead Holdings Ltd. (NEWLF) operates as a vertically integrated shipping company worldwide. The company was formerly known as Aries Maritime Transport Limited and changed its name to NewLead Holdings Ltd. in December 2009.”

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The Study of Failure

“It also said Baxter's failure to meaningfully reduce financial leverage to compensate for the increased risk of its business could also lead to a rating downgrade. ("Baxter to cut 4,500 jobs." UPI Archive: Financial, 16 Nov. 1993. Infotrac Newsstand. Accessed 17 Dec. 2018.).”

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Posted in Chart of the Day, NEWLF, The Study of Failure

Chart of the Day: AgEagle Aerial Systems

Posted on January 20, 2019 by | Leave a comment

According to Yahoo!Finance, “AgEagle Aerial Systems, Inc. (UAVS) designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry. Its products include the AgEagle RX 60 and RX 40 Systems for day-to-day image acquisition for precision agriculture growers and agronomists. The company is headquartered in Neodesha, Kansas.”

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The Study of Failure

"Says the president of one midsize production company: ‘His hubris was almost endearing. He came in and said, 'Nobody can adapt my books better than I can, I've got to be the real producer of the film, and the bidding starts at a million dollars.’’ (Harmetz, Aljean. "A Writer Who Says Getting His Own Way Is the Way to Success." New York Times, 1 Apr. 1991. Infotrac Newsstand. Accessed 17 Dec. 2018.).”

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Posted in Chart of the Day, The Study of Failure, UAVS

Chart of the Day: Key Energy

Posted on January 19, 2019 by | Leave a comment

According to Yahoo!Finance, “Key Energy Services (KEG), Inc. operates as an onshore rig-based well servicing contractor in the United States.”

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The Study of Failure

“But Hollywood has taught him some lessons. When he moved from Washington to Los Angeles before "The War of the Roses," he formed his own production company, rented offices and hired a staff. "When I started in Washington, I just put out a shingle," he says of the Adler Group, which publishes real estate trade magazines, has 120 employees and is now run by his 34-year-old son, Jonathan. "But here I was calling people who never called me back. It cost me about $150,000 before I realized this wasn't the way to do it (Harmetz, Aljean. "A Writer Who Says Getting His Own Way Is the Way to Success." New York Times, 1 Apr. 1991. Infotrac Newsstand. Accessed 17 Dec. 2018.)."

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Posted in Chart of the Day, KEG, The Study of Failure