A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
Read More »
Facebook's IPO: Sorting through the legal messCNNBy James O'Toole @CNNMoneyTech May 23, 2012: 8:17 PM ET NEW YORK (CNNMoney) -- At this point, there's little question that Facebook's IPO was a disaster. But was it illegal? That's th...
Read More »
EntrepreneurStart-Ups Look Beyond Facebook IPO SnafuWall Street JournalIn contrast to the recriminations and backtracking now swirling around Wall Street over Facebook's IPO, entrepreneurs and investors across Silicon Valley remain upbeat about the...
Read More »
EntrepreneurSilicon Valley shrugs off Facebook IPO woesCNNMoneyBy Laurie Segall @CNNMoneyTech May 23, 2012: 5:57 PM ET NEW YORK (CNNMoney) -- While Wall Street freaks out about an IPO it views as a disaster, the view of Facebook's rocky public debu...
Read More »
Reuters Blogs (blog)Facebook's IPO disaster shrugged off by Silicon ValleyThe GuardianEntrepreneurs and executives in California's technology hub shrugged off controversy over Facebook's IPO and said the region's tech boom was solid and...
Read More »
Business InsiderJPMorgan's Trading Disaster Can Be Blamed On Lyme DiseaseBusiness InsiderJust days after JPMorgan Chase revealed that multi-billion dollar trading blunder in its chief investment office in London, the bank's Chief Investment Off...
Read More »
WBFSWrecked Costa Concordia to be raised from Italian sea bedCNN InternationalBy the CNN Wire Staff Rome (CNN) -- Salvage experts outlined their plan Friday to raise the wrecked Costa Concordia cruise liner from the sea floor off Italy in one piece and...
Read More »
New York TimesJPMorgan Suits Accuse Dimon Of Fraud -- For Doing What, Exactly?ForbesWhat did he know, and when did he know it? (Image credit: Getty Images via @daylife) Even as I was writing a piece Monday morning about the inevitability of securities-...
Read More »
Three weeks ago (Link) I put on a short EURUSD position at 1.3115. It worked for a few hours, and then went south. I sucked wind and damn near got to where I had to cut it at a loss. Today the market got back to where I entered, so I dumped it. While...
Read More »
Two stories in the past 24 hours on this, one from Aljazeera and the other AE-P. The idea is that the Fed buys European govt bonds to hold down yields. The Aljazeera story (an opinion piece from a Washington think tank) gives more background detail, co...
Read More »
Global Economic Intersection Article of the Week
In this article, I will present a loop theory to further support my writings on politics. The loop theory is to simply and clearly define the relationship between capit...
Read More »
There's already been a bevy of analysts coming out with their forecasts on what the S&P downgrade means for the economy, what it will do to interest rates, other financial institutions, junk borrowers, and other entities somehow connected to the US ...
Read More »
I'm expecting July's nonfarm payroll at 40,000 to 45,000. This number would spell disaster! DOW 11,400 for sure!
Read More »
"Frankly the Republicans would be crazy unless they get 100 percent of the deal that they want right now to make any deal,” Trump said on "Fox and Friends" Monday. "If this happens, for instance if this stuff is going on prior to an election, he c...
Read More »
Sell Mortimer,Sell!
LOOK AT THAT CLOSING VOLUME SPIKE!
Read More »
Avoiding disasters hasn’t worked. At least, not avoiding debt disasters. No matter what tricks the authorities do – monetary, fiscal, or unconventional – the debt is still there. And since all those tricks cost money…it gets bigger and bigge...
Read More »
The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe’s single currency is coming apart at the seams. How did it all go so wron...
Read More »
The market saved itself from disaster by rallying on Friday. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here to...
Read More »
I am not familiar enough with nuclear reactors to comment. However, I am familiar enough with the oil and gas business to comment on the reporting regarding last summer's oil spill.
Recall, the estimates of oil being released from the well at as high...
Read More »
China Tightens FurtherFNArena News - March 22 2011
- Beijing increases its reserve ratio for the ninth time in 12 months
- Another rate hike already priced in
- Economists at odds over the ongoing pace of tightening measures
By Greg Peel
Last F...
Read More »
http://www.telegraph.co.uk/news/picturegalleries/worldnews/8385237/Japan-
disaster-30-powerful-images-of-the-earthquake-and-tsunami.html?image=1
Read More »
This week we finally got to see what happens in the market when the Fed stops propping in the midst of a year long liquidity collapse, which had been papered over by the Fed’s cash infusions. We can only wonder what the Fed’s next step will be, which is, I am sure, what the...
Read More »
The Treasury market got the boost expected from the bill paydowns this week. The $24 billion net paydown figure included $17 billion in CMB expirations on Monday. That cash flowed into investors pockets and had nowhere to go. So they bid up everything. By Thursday, the effect of that had worn off in the...
Read More »
Lee Adler reports tax receipts through April 16th and it paints a not at all surprising picture of whatever the US economy is today.
Federal tax receipts through April 16 showed a year to year gain of 8.3% versus the same period in April 2009, which was a very easy comparison, with collections at disaster levels. Withholding...
Read More »
The Wall Street media was in a frenzy over the “better than expected” news on retailing from the Commerce Department on Friday. It’s all a matter of perspective. Yes, the data was up strongly month to month, and yes, it was higher than last November when the economy seized up following the stock market...
Read More »
We now have an inkling of how the Treasury will handle the paydown of $185 billion in Treasury CMBs. It will turn what would have been a horrendously bearish period into something less so, but the respite will be temporary. At the very least, it should give the smart money the opportunity to tiptoe...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
SPX Update and More: Market Playing Its Cards Close to the Vest
I believe it was Yogi Berra who said, "It's tough to make predictions, especially about the future." The market has now reached a point where it clearly does not want to telegraph its next move. There are times, when the larger trend is clearl...
Read More »