A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Live Trading NewsSlim Family Sees European Crisis as 'Good Moment' to InvestSan Francisco ChronicleMay 24 (Bloomberg) -- Carlos Slim sees Europe's debt crisis as a "good moment" to apply his strategy of investing in times of turmo...
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Live Trading NewsSlim Family Sees European Crisis as 'Good Moment' to InvestSan Francisco ChronicleMay 24 (Bloomberg) -- Carlos Slim sees Europe's debt crisis as a "good moment" to apply his strategy of investing in times of turmo...
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Slim Family Sees European Crisis as Good Time to InvestBusinessWeekBy Crayton Harrison on May 23, 2012 Europe's debt crisis is providing a “good moment” for Carlos Slim to apply his strategy of investing in times of turmoil, said the billionair...
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Slim Family Sees European Crisis as Good Time to InvestBloombergEurope's debt crisis is providing a “good moment” for Carlos Slim to apply his strategy of investing in times of turmoil, said the billionaire's son, America Movil SAB (AMXL) C...
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Financials rise; regulators to review JP MorganMarketWatchAmong the Dow Jones Industrial Average's (DJI:DJIA) financial shares, Bank of America Corp (NYSE:BAC) and JP Morgan Chase & Co. (NYSE:JPM) each rose about 1.5%. It's a good time to o...
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“Consumer Confidence Rises to 4-Year High,” blared the Bloomberg headline in a font that really was that big. That’s just so wrong. So wrong. I mean, should we really be jumping up and down, shouting, “Hip Hip HOORAY! Hip Hip HOORAY!” Uh… no. Let’s look at the first key point that Bloomberg made. Household...
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The market seems to be pricing in an orderly Greek default or a successful "firewall" around the potential instability. Are the unknowns really all known?
The equities market is acting like we know Greece's default will be orderly and no threat ...
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How is borrowing money based on fraudulent claims of asset value and future income any different from counterfeiting money?
Let's compare three financial criminals. The first is an old-fashioned counterfeiter who doctors up paper and runs a p...
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House prices will fall 3 percent nationally in 2012, excluding foreclosures and short sales, Douglas Duncan, Fannie Mae's chief economist, said at a University of San Diego real estate conference on Tuesday.
...
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Tags: Housing Market, Housing Market has Changed
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Back in May, I posted an article on Minyanville asserting that all-cash buyers have kept several major housing markets from collapsing. (See All-Cash Buyers Preventing Collapse of Housing Markets.) With new evidence in to support this claim, now is a...
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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...
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As the market just (most likely) formed an important intermediate top it is the good time to celebrate the end of this recession. The bear market rally always ends on perfect news. The end of the recession seems good enough to me to mark the top.
The article I’ve linked above is the perfect example...
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The market got a huge gift from the US Treasury this week in the form of a $23 billion debt paydown. That cash put a bid under stocks and exacerbated the panic into Treasuries. The Treasury faces $40 billion in CMB expirations next week, and so far, there’s no announcement that they will be...
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SPX and Apple Updates: Is Apple Finally Ripe to Fall?
By now, most traders know that Apple had its tree shaken yesterday. It missed earnings and disappointed analysts, largely due to iPhone sales coming in much lower than expected. After hitting a new all-time closing high ...
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