Have you noticed when stocks hit a new all time bubble high CNBC doesn’t just say, “new high.” Pay close attention. It is now a “fresh” new high. I feel like I am watching a commercial for Chili’s when the camera scans to a perfect looking steak with…
Hussman was saying the same thing back when we hit the last Yogi-Called Market Top.
From Hussman’s weekly report:
“While the S&P 500 has essentially gone nowhere since early January, the present overvalued, overbought and overbullish conditions, coup…
Is 11,000 the new 10,000?Lots of bids right where they need them.
View the full article
This is a Bubble Playbook triple reverse warning. Wasn’t around much today but did catch the most used person on earth for a few seconds and he spewed some frightening words if you are a logically thinking individual trying to trade in this three ring …
With the US in low yield/no yield mode, some of the $$$ Ben prints is heading out into the international community and destabilizing their economies.
Another flaw in the “QEII will solve all ills” logic is that a good portion of the money just leaves…
Kunstler’s latest…
Bank Shot
By James Howard Kunstler
on October 10, 2010 11:31 PM
…
Obama is a victim of the robosigning phenomenon that has taken the financial industry by storm.
http://www.zerohedge.com/article/4closurefraud-exclusive-%E2%80%93-president-obama-
falls-victim-chase-robo-signer
Mr President, now that you have had t…
Apparently, we live in a smoke and mirrors society…
Foreclosure Delay Poses Risk
Wall STreet Journal says:
As politicians step up their interventions to slow down the pace of foreclosures amid concerns about widespread document fraud, economists …
Green for Kiwis and Aussies, +0.1% and +0.5% respectively.
In the Aussie market sectors Gold is leading, +1.8% and on the downside Consumer Staples -1.2%.
http://ichart.finance.yahoo.com/t?s=%5ENZ50
http://ichart.finance.yahoo.com/t?s=%5EAORD
Vi…
Tomorrow Maria Bartotonyromo will be the Grand Marshall of a Parade. There are thirty foot banners of her lining the streets of New York so CNBS decided to give her an award. They like awards like I do which I think is pretty cool. I caught a little bi…