Skip navigation

 Login or Register | Member Centre

Oprah v. GM

 

You can always count on Eddy Elfenbein, who writes the Crossing Wall Street blog, to come up with some interesting comparisons that shed some light on today's stock market. On Friday, he noted that General Motors Corp.'s market value ($2.7-billion at the time he wrote his blog entry) is only slightly higher than Oprah Winfrey's net worth ($2.5-billion, according to Forbes).

“She also has a better book club,” he noted.

Mr. Elfenbein also pointed out on Thursday that an ounce of gold (then $930) was worth more than a share in the S&P 500 (which had slipped to about 910). On Friday, gold traded at $902 an ounce and the S&P 500 was at 894.

 

Start the Conversation, Leave a Comment

This conversation is semi-moderated What is moderation? | How do I report a comment?

You must be logged-in to submit a comment — login now!

Not registered with globeandmail.com? Register now. It is quick and free.

close

Alert us about this comment

Please let us know if this reader’s comment breaks the editor's rules and is obscene, abusive, threatening, unlawful, harassing, defamatory, profane or racially offensive by selecting the appropriate option to describe the problem.

Do not use this to complain about comments that don’t break the rules, for example those comments that you disagree with or contain spelling errors or multiple postings.

Back to Market Blog

Market Blog

Market intelligence throughout the trading day

Blogroll

Latest Blog Posts

Silver-Powers 
Let us talk - substance and solutions
On Soccer  
Knight: More from Montreal
Spector Vision 
Harper hugs the centre
Globe on Sports 
Naylor: This Maxim never gets old
Globe on Hockey  
Duhatschek: Claude Lemieux's comeback continues
Dear Sweetheart 
On July 10th, play “Yours” very softly …
Douglas Bell 
Rae day
Globe on Baseball 
MacLeod: Ricciardi - What, Me Worry?
Go Figure 
Men's skating back to normal?
Market Blog 
The close: Late flurry is on the up side

Back to top