Phil Davis- Phil’s Stock World

The Pain in Spain is too Big to be Contained

April 16, 2012

The Pain in Spain is too Big to be Contained Courtesy of Phil of Phil's Stock World Depression. Not the Economy (yet) but how I feel so far in my weekend reading. Even John Mauldin, who went against his wishes to ignore Spain this week, now echos my thoughts on...
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McDonalds vs. Facebook – Toss me a BigMac

By Ilene

February 17, 2012

McDonalds vs. Facebook - Toss me a BigMac. (Taken from Phil's This is the End - But for Who?) A day late and a point short on the S&P. Our senior index finished the day at 1,358.04, just 0.96 under our 10% line at 1,359. Oddly enough, it never crossed...
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Strap in for a Wild Week!

By Ilene

January 9, 2012

By Phil of Phil's Stock World This chart from the NYTimes pretty much says it all: The average annual inflation-adjusted return for the S&P 500 has been in decline since the late 90s, the decline only paused in the 00s and that fooled us into thinking it was a recovery...
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Hildebrand Affair – Bad All Around

By Ilene

January 6, 2012

Following up on Bruce Krasting's Kashya Hildebrand Speaks – Sinks Hubby? Hildebrand Affair - Bad All Around By Ilene Recall: Philipp Hildebrand, chief of the Swiss National Bank, denied wrongdoing on Thursday and claimed he had no intention of resigning over the trades. According to Mr. Hildebrand, his former currency...
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A Thinly Veiled Bail

By Ilene

December 29, 2011

A Thinly Veiled Bail By Ilene at Phil's Stock World, with Lee Adler of the Wall Street Examiner (many thanks to Lee!) The ECB is borrowing U.S. Dollars from the Fed to bailout European banks. And that is in addition to the Long Term Refinancing Operation (LTRO). However, the "borrowing"...
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Twisted Tuesday – Treasuries are not an Option

By Ilene

December 27, 2011

Twisted Tuesday - Treasuries are not an Option Courtesy of Phil of Phil's Stock World Remember Operation Twist? Last week, Freddie Mac reported record lows on rates, with the 30-year notes at 3.91%. This has not, of course, encouraged many people to go out and buy homes but it has...
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Wednesday Weakness – Can We Survive Without QE3?

By Ilene

December 14, 2011

Wednesday Weakness – Can We Survive Without QE3? By Phil of Phil's Stock World WTF? Do Ben Bernanke and I live on different planets? "For a lot of people," he said during a speech at Fort Bliss, "I know it doesn't feel like the recession ever ended." For what people...
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To QE3 or Not to QE3 – That Sets Direction

By Ilene

December 13, 2011

To QE3 or Not to QE3 - That Sets Direction By Phil of Phil's Stock World We did our Hamlet post for the ECB last Thursday and, like the Prince of Denmark, the dithering by the former Deutsche Mark crowd on whether or not to support the union of Mother...
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TGI Fixed Again – The Rube Goldberg Solution

By Ilene

December 11, 2011

TGI Fixed Again - The Rube Goldberg Solution Courtesy of Phil of Phil's Stock World Europe is FIXED (again)! While we are, of course, thrilled (again) - the final solution that Germany has come up with this time for some reason reminds me of a Rube Goldberg machine - with...
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