Archive - Jan 27, 2010

ETF’s are bringing a long overdue shake up to the mutual fund world. Say goodbye to notoriously bloated expenses, spendthrift marketing costs, and bogus performance data. You’re the sucker who’s been paying for all those glitzy ads. (EEM), (EEG), (VWO), (GLD), (SLV), (QQQQ), (XLK), (PPLT), (PALL)

In a theme everyone ought expect hear replayed ad nauseam for the next week, the infallible genii at Harvard's Kennedy School tell us (yet, again) that the US will be the target of an Al-Qaida WMD attack by 2013. (1) What stinky BO will announce during tonight's SOTU, (2) the WMD Commission's Report Card & Full Report and (3) KSG's latest ~ "Al Qaeda WMD Threat - Hype or Reality"

RANsquawk 27th January US Morning Briefing - Stocks, Bonds, FX etc.

Toyota just announced that it's suspending the sale of its most popular model, the Camry, along with seven other models.

Instead of trying to curb short selling, curb the uncertainty that comes from misleading and fraudulent reporting practices.

Now, it is time to see if fundamentals return to the market as the write down's start to roll in. This would have made a good "I told you so" accept for that damn bear rally that totally distorted the price of stocks in relation to their underlying fundamentals. We shall see what happens when the rubber hits the road.

The U.S. and Japan face similar economic problems and they are trying to solve them in the same way: fiscal and monetary stimulus. The comparison is eerily similar. It hasn't worked for Japan and it won't work for the U.S. Japan just received a downgrade warning from S&P over their credit rating and the U.S. is not far behind.