Archive - Nov 2009
November 30th
RANsquawk 30th November Morning Briefing - Stocks, Bonds, FX etc.
Submitted by Tyler Durden on 11/30/2009 08:21 -0500RANsquawk 26th November Morning Briefing - Stocks, Bonds, FX etc.
Daily Highlights: 11.30.09
Submitted by Tyler Durden on 11/30/2009 08:17 -0500- Asian stocks, currencies rise on optimism Dubai World losses won't spread.
- Bernanke says legislation limiting Fed independence Would 'impair' economy.
- China’s stocks rose after government pledged to maintain stimulus policies next year.
- India's GDP accelerates to 7.9%, may spur stimulus withdrawal.
- Japan's Fuji denies ruling out intervention in foreign exchange markets.
- Stocks in Dubai fall the most in a year on concern Dubai World may default.
RANsquawk 30th November Morning Briefing - Stocks, Bonds, FX etc.
Submitted by RANSquawk Video on 11/30/2009 05:47 -0500RANsquawk 30th November Morning Briefing - Stocks, Bonds, FX etc.
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 11/30/2009 04:47 -0500Global warming scam exposed as scientific fraud; Copenhagen summit approaches, Abu Dubai goes bust; financing problems spread to governments, Washington insists on Colombia 'full spectrum' base, new H1N1 bypasses adaptive immunity, Gibbs' Virology paper suggests lab origin, US mint suspends sales of Eagles, Bernanke to run his mouth on Thursday.
Global Trade Indicating V-Recovery?
Submitted by Leo Kolivakis on 11/30/2009 00:25 -0500World trade volumes grew sharply in the third quarter of this year, data from the Dutch CPB research institute showed on Friday, in a further sign that the global economy is pulling out of crisis.
November 29th
What Happens to Citibank's $8 Billion Loan to Dubai?
Submitted by George Washington on 11/29/2009 23:49 -0500Did you hear about Citi's $8 billion dollar loan to Dubai?
Japan Preparing To Launch Quantitative Easing; What Are Three Lost Decades Among Hyperdeflationary Friends
Submitted by Tyler Durden on 11/29/2009 23:06 -0500A stunner to end the Black Friday news flow. It appears the race to the hyperdeflationary bottom just shifted into overdrive.
Senator Sanders: "Ben Bernanke Is Part Of The Problem"
Submitted by Tyler Durden on 11/29/2009 22:38 -0500On December 3rd, senators will have to decide: will they vote with their conscience, or with Wall Street's checkbook. Bernie Sanders has made his choice: "No, I absolutely will not vote for Mr. Bernanke. He is part of the problem. He's the smartest guy in the world, why didn't he do anything to prevent us from sinking into this disaster that Wall Street caused and which he was a part of? No, I will not vote for Bernanke to stay on as chairman."
Best Buy, Krugman and the Carry Trade
Submitted by Bruce Krasting on 11/29/2009 22:35 -0500What could possibly connect Best Buy, Paul Krugman and the carry trade? The answer is is that everything is connected.
Yard Sale: Tuesday, Dubai Municipal Building (Free Coffee!)
Submitted by Marla Singer on 11/29/2009 22:03 -0500
Returning briefly to the "Nothing to see here, please disperse..." theme, it seems that Dubai World is destined to throw some Sharpie-adorned, brown-cardboard placards up on the city's light fixtures and other signage to announce the pending garage sale. (And, not to be upstaged, China drops some hints with respect to her continued indulgence for debt-funded American excess).
Decline of the City (and) State
Submitted by Marla Singer on 11/29/2009 19:29 -0500
The problem with the Greeks was ultimately their love of conflict. If anything could be said of the fall of the city-state generally it would be that more than a hundred years of effectively unending warfare (rainy season, fighting season, rainy season, fighting season, lather, rinse, repeat) finally exhausted the resources of the dominant political unit of the time. Sort of troubling in this vein is the connection (and therefore the related failure) of "direct democracy" to the identity and existence of the city-state. Direct democracy was lovely, after all, and philosophically easy to envisage, that is until, in the wake of a crumbling Alexandrian Empire, it collapsed under its own increasing weight (or the increasing weight of military spending). What was left of the polis, the central, individualistic notion that the Citizen was of great particular import, was rather directly absorbed into cosmopolis, and the importance of managerial infrastructure to keep the aqueducts clean. After all, direct democracy (and the mob rule that accompanies it) had killed Socrates, hadn't it? That Plato dedicates The Republic partly to the import of the Philosopher King years later might have been predictable.
End of Empire – Propaganda and the American Myth
Submitted by Cognitive Dissonance on 11/29/2009 17:15 -0500“Oh what a tangled web we weave, When first we practice to deceive”...ourselves. With apologies to Sir Walter Scott.
Abandubai.com
Submitted by Marla Singer on 11/29/2009 15:56 -0500
Amusingly, no sooner than a series of commentators rushed to point out how stable and friendly Dubai is (including some local names that might surprise you) Dubai reminded everyone that there is no freedom of the press in the city-state by yanking Western papers critical of the jurisdiction off the stands.
More People Seek Greater Bargains And Spend Less During Black Friday Compared To 2008
Submitted by Tyler Durden on 11/29/2009 15:02 -0500
The National Retail Federation has reported that the average Thanksgiving spend has declined from $372 in 2008 to $343 in 2009, as more shoppers sought out rock-bottom 5 am bargains: the estimated number of bargain hunters increased from 172 million to 195 million.
Investor Sentiment: Waiting For The "R" Word
Submitted by thetechnicaltake on 11/29/2009 14:01 -0500I am just waiting for someone on CNBC to utter the "R" word: resilient. When you hear that word, make sure you run for the exits.










