THOR's Market Update June 22, 2009
One of the keys to the great success of America is that we let companies fail. On average, 10% of all companies (public and private) will fail in any given year. Business failures are difficult for those employees and investors who had an interest in the failed company, but this normal ebb and flow is […]
THOR's Market Update June 10, 2009
So we finally swallowed the bitter GM bankruptcy pill. The fact that the US government now owns greater than 70% of the means of production for this company presents a new set of challenges which will have political and financial implications for years to come. Hopefully workers and resources will move to more productive areas […]
THOR's Market Update May 19, 2009
In our last Market Update, we were cautiously optimistic about the direction in which the stock market and economy were headed. We discussed our belief that one of the primary catalysts for the first quarter market upswing was money moving off the sidelines and into the market. Click here to read more.
THOR’s Press Release April 28, 2009
PRESS RELEASE THOR Investment Management, Inc. selected as one of the Leading Wealth Managers of the Great Lakes Region Cincinnati, OH; 4/28/2009: THOR Investment Management, Inc., a leading provider of wealth management services, today announced that it has been selected by Goldline Research as one of the leading Wealth Managers of the Great Lakes Region for […]
THOR’s Market Update April, 2009
“Our greatest glory is not in never falling, but in rising every time we fall.” Confucius After a first quarter filled with extreme movements on the upside and downside, we find ourselves entering a critical second quarter for the financial markets. Trading in the first quarter was mostly contingent upon the words and actions of […]
Increasing Support for Corporate Tax Cuts as Part of Stimulus
More influential individuals are speaking out in favor of using tax cuts to stimulate the economy. However, the most cost-effective way of creating jobs, as the THOR Plan lays out, is the reduction of the corporate tax rate. The President’s stimulus plan does not encourage marginal growth in the economy like a decrease in the […]
How Some Firms Boost The Boss's Pension
The following are excerpts from an article in the Friday January 23, 2009 Wall Street Journal by Mark Maremont. These points tie directly into our second point in the Plan. If executive pay is curtailed within a specific set of parameters, the people at the top of the company cannot navigate loopholes in the system […]
1/21/2009 Market Update
We have a new President as of yesterday and the reactions are mixed depending on which side of the aisle you are on. Democrats are ecstatic about not only winning the House and Senate, but having a new, younger Democrat President. Republicans feel a sense of fear and trepidation about what changes will occur to […]
2+2=5?
This is an excerpt from the following article regarding corporations and their “tax havens”: Citigroup had 427 units in 23 countries, including 91 subsidiaries in Luxembourg and 90 in the Cayman Islands. Morgan Stanley had 273 units, News Corp. had 152 and Bank of America had 115. Procter & Gamble Co. had 83 subsidiaries and […]
State Pension Losses
This link is to a Bloomberg article detailing the extent of 2008 losses in State Pension Funds and the impact on workers and hiring in the respective jurisdictions. The Plan was written before the actual amount of losses was made public; this is another real world example of how the THOR Plan would have a […]