General Motors (GM) has sold off as many of the cyclical companies have on global economic weakness.  Berkshire Hathaway has accumulated a reasonably sized position in the company.  Due to it being a smaller position it is unlikely that it was Warren Buffett, but more likely Todd Combs or Ted Weschler that was doing the...Read More

This article describes how many of the larger banks are curtailing lending and the regional banks are picking up the slack.  This is a direct result of the Dodd-Frank legislation which has had the effect of reducing lending as banks are forced to horde capital, and shut down formerly profitable business operations.  This is a...Read More

Procter & Gamble’s (PG) struggles continue as the the company lowered its earnings guidance for the current quarter as well as for the 2013 fiscal year.  The problems aren’t just from a lackluster global economy but instead are also market share related.  The company announced that they are going to cut spending in emerging markets...Read More

At T&T Capital Management we are firm believers that all credit default swaps should be on regulated exchanges.  The value of these products is far less than the overall risk that they present to the global economy and financial markets in general.  Even worse the lack of transparency is pervasive and while they are an...Read More

This is very encouraging news to see Spain taking their budget cuts seriously.  While austerity isn’t going to be a magic potion to resolve the Euro’s problems, it does maintain the credibility of the efforts made in the last year for each country to get their houses in order.  The last couple of years Greece...Read More