Archive - Dec 10, 2009 - Blog entry
FTU: Fibozachi Technical Update - 12.10.09
Submitted by Fibozachi on 12/10/2009 20:00 -0500A Detailed Technical update of the BKX Bank-Index, Crude Oil, Gold, US Dollar, Google, NASDAQ Composite, S&P Cash and DJIA Cash
Are Food Stamps the Soup Lines of this Great Recession?
Submitted by George Washington on 12/10/2009 19:31 -0500No dramatic photos, but the statistics are dramatic ...
Dear President Obama, Here's The List You Asked For
Submitted by Econophile on 12/10/2009 18:32 -0500At a jobs summit with President Obama, Democratic and Republican leadership gathered at the White House to discuss the Administration's job bills. Apparently it got a bit testy. Republicans pushed Mr. Obama to freeze federal spending, a plea the president answered by repeatedly challenging them to produce an economist who believed that cutting spending now would be a good idea. His query was met with silence. So, in order to rescue the inept Republicans, I have a list of 200 respected economists who would gladly support a freeze on federal spending.
Greece, China, USA and the Euro - All Connected?
Submitted by Bruce Krasting on 12/10/2009 16:02 -0500Some thoughts on where the Greece story may go. Two possible outcomes. They both have significant impacts.
Financial Reform Is Being Gutted ... And Congress Might Not Even Realize It
Submitted by George Washington on 12/10/2009 15:24 -0500Dumb ... or complicit?
Giant Banks Are Trying to Make Bailouts Permanent. They'll Succeed Unless We Raise a Ruckus
Submitted by George Washington on 12/10/2009 12:49 -0500And they're close to succeeding ...
China vs. the World
Submitted by Vitaliy Katsenelson on 12/10/2009 12:30 -0500This paragraph, taken out SoGen’s Dylan Grice research report, sums up the dichotomy of how investors look at China and the rest of the world.
Some Like It with Financial Amnesia
Submitted by Static Chaos on 12/10/2009 01:11 -0500Considering it was just a year ago when we were jolted into this banking-induced recession, you can imagine my astonishment when I read this recent Forbes headline:
“Dubai's Failure Exposes A U.S. Advantage
The well-regulated U.S. financial sector has a lot to show for itself.”
