Archive - Dec 21, 2009 - Blog entry
US Treasury - Deep Thinking?
Submitted by Bruce Krasting on 12/21/2009 21:10 -0500I stumbled onto something quite by accident. A window on how things get done?
FTU: Fibozachi Technical Update - 12.21.09
Submitted by Fibozachi on 12/21/2009 20:00 -0500In this 12.21.09 edition of the Fibozachi Technical Update (FTU), we present 12 technical profiles of the ES (S&P 500 Futures), the VIX, Gold Futures, Silver Futures, Crude Oil Futures and the US Dollar Index.
Economists Are Trained to Ignore the Real World
Submitted by George Washington on 12/21/2009 15:36 -0500Elephant? What elephant?
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 12/21/2009 10:53 -0500Project Censored releases top censored news stories of 2009, Market Skeptics highlights catastrophic fall in global food production, gold bounces off $1100, Copenhagen succeeds in building global governance framework, Pakistan and Yemen sink further into chaos.
Has Moral Hazard Hit the FDIC???
Submitted by Reggie Middleton on 12/21/2009 07:20 -0500You don't put out a fire with gasoline. You don't cure a hangover with vodka. You don't end a headache by banging your head against the wall. Apparently, at least in Washington, you do address a sick banking system by keeping more sick banks open. It's as if I'm in the Twilight Zone...
We are still very much in a bubble, yet many "analysts" are preaching recovery. Why???
Submitted by Reggie Middleton on 12/21/2009 06:11 -0500All one really needs to do is to take a look a housing from a bird's eye view, whether adjusted for inflation or not, and it is quite obvious that not only are we still in a housing bubble, but we have a while to go before we reach equilibrium. Those insurer's, lenders, and investors highly levered to residential and commercial real estate had better be prepared for another 30% or so drop.
