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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As individuals bail out of U.S. stocks at the fastest rate in three decades, professional speculators have cut bearish bets by the most since 2008. Money managers are net short 19,375 contracts on the Standard & Poor’s 500 Index, down 82 percent from a four-year high in September even after the figure jumped from...
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From John Kemp at Reuters on Monday (our emphasis): Hedge funds and other money managers reduced their long position in U.S. crude by the equivalent of nearly 54 million barrels of oil, the largest one-week decline since at least June 2006, according to data released by the U.S. Commodity Futures Trading Commission (CFTC) on...
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“You have to dance while the music is playing”- Chuck Prince, Citigroup mucky muck, shortly before 2008 crisis Of late Zero Hedge has been mentioning the presence of one large JP Morgan trader nicknamed the whale (Bruno Iksil). Tuesday ZH broa...
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All day, the MSM trolled out all the dynamite talking heads types, saying that a 2-3% correction is healthy, blah, blah and now the Fed can add stimulus. All day, you see words like rescue, followed by some lobbyist functionary talking his trade. This mantra has gone beyond merely obscene and feels like one...
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Forget inflation: Is deflation the real threat?
By John Waggoner, USA TODAY
Updated 17h 35m ago Comments
But a growing number of economists and money managers are starting to worry about the opposite of inflation: deflation, a period of falling price...
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Hey, Young Turks on trading desks, up-and-coming money managers and Wall Street stock jockeys: You want the truth about the global markets today? ...
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Money managers are more bullish on global stocks this month than at any time in the past decade, according to a BofA Merrill Lynch Global Research survey.
A net 67 percent of respondents, who together manage $569 billion, had an “overweight” pos...
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2010 Year in Review:
Fugly Gives Way to Muddling
David B. Collum
Professor of Chemistry and Chemical Biology
Cornell University
dbc6@cornell.edu
Background
Every December I write a Year in Review. Last year's was entitled, 30 Years of Investing...
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http://blogs.decisionpoint.com/chart_spotlight/2010/12/sentiment-is-very-
bullish.html
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"While high levels of bullish sentiment among advisors, investors, and money managers usually occur at market tops, market tops do not always...
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Bloomberg did a hit piece on Roubini today by one Whitney Kisling. The article also praised Laszlo Birinyi for getting the 1990s right, and quoted one money manager as saying we should only listen to money managers, and not analysts. As if those money managers aren’t publicly talking their book, using the media as...
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There are 2 points I’d like to make about today’s economic data. The Bureau of Labor BS released the official unemployment rate this morning. It was 7.6%, which is bad enough. The first point I want to make is that what they don’t emphasize is that the real unemployment rate is 15.4%. This rate...
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The Treasury is throwing $10 billion in new supply on the market this week, sucking cash out of other sectors. $10 billion is not a lot by recent standards, especially including this October when they were pounding the market with $100 to $200 billion per week in new supply. We know what that caused...
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