January 6, 2014 Comments

On Monday the S&P 500 was down 0.3% and Toronto was down 0.4%

Some of stocks did okay, Liquor Stores N.A was up 1.9%. Bank of America was up another 1.5%.

Fedex is going to borrow $2 billion to buy back shares. Strange that they would do this just after the stock has jumped in price. It does not appear that they bought back many shares in the past few years when they had the chance at lower prices. Share count count has increased. This does not look intelligent at all.

One prediction I will make is that Berkshire Hathaway will report a strong Q4.