Archive - Nov 4, 2010 - Blog entry
AUD/JPY Decouples, ES Sitting 7 Points Rich
Submitted by derailedcapitalism on 11/04/2010 21:55 -0500The late night (daily) decoupling is here.
Caisse: A Bridge to Québec's Future?
Submitted by Leo Kolivakis on 11/04/2010 20:42 -0500Michael Sabia, President and CEO of the Caisse de dépôt et placement du Québec, Canada's biggest pension fund, was the guest speaker at the the Board of Trade of Metropolitan Montreal's Desjardins business luncheon - Business Voices. He talked about the many facets of the Caisse's contribution to the economic development of Quebec, mainly in the context of a changing world, which both the Caisse and Quebec need to adapt to in order to achieve their full potential.
Our Government Is Like a Plumber Trying to Fill the Bathtub by Pouring in More and More Water ... Without Plugging the Drain
Submitted by George Washington on 11/04/2010 20:09 -0500For the visually-oriented ...
The Fed’s Gone “ALL IN”… Here’s What’s to Come
Submitted by Phoenix Capital Research on 11/04/2010 19:52 -0500Well, it’s official, Ben Bernanke has officially gone “all in” regarding currency devaluation in the name of pumping the stock market. I have to admit, even though I knew this was going to happen, I’m still in shock. After all, it’s not every day that you see a superpower collapse and lose its reserve currency status courtesy of a deranged mad man.
Regardless of your feelings on the matter, these are the cards the Fed has dealt us, so rather than devote space to critiquing our insane and corrupt Fed Chairman, I thought it better to devote today’s article to detailing what is to come as a result of the Fed’s policies.
RBC: BoC vs. Fed - A 2002/03 Policy Rerun?
Submitted by derailedcapitalism on 11/04/2010 19:32 -0500FX Bottom-line: Heading into 2011, USD/CAD is facing a divergence in US-Canadian policy rates reminiscent of the 2002/03 period. Although USD/CAD declined by 15% during that period, we do not envision a similar demise in USD/CAD but diverging policy stances will keep USD/CAD under downward pressure throughout 2011. However, should the growth decoupling between the global and the US recoveries continue at the same pace as seen during the last 12 months, the 2002/03 scenario could well repeat itself in the currency market, leaving the trend in CAD against USD looking increasingly similar to the most recent rally in AUD/USD.
Benny Drops the Big One!
Submitted by ilene on 11/04/2010 11:01 -0500After putting over $2Tn into our Dead Parrot Economy since the crash and getting no response, Bernanke is upping the ante with another $600Bn round of Quantitative Easing ON TOP OF the ongoing $250-$300Bn round of POMO commitments for a total of about $110Bn per month dumped into the economy... This represents a 10% increase in the money supply over 8 months and, therefore, a planned 10% decrease in the purchasing power of your dollar-denominated assets - a 10% tax on everything you own.
Q&A: An In-Depth Look At The Anatomy Of The Current Supply/Demand Imbalance Propelling Equities Higher
Submitted by MatrixAnalytix on 11/04/2010 10:41 -0500Low supply+ very high demand = higher prices
Which Most Actively Traded Stocks You Should Buy
Submitted by Value Expectations on 11/04/2010 10:23 -0500Investors who employ technical analysis tend to monitor stock trading volumes in comparison to its movements in price in order to predict upcoming reversals in trends in attempt to identify attractive entry points and essentially “time the market”. Today, we will identify which actively traded stocks you should buy
Will the Real WEB Please Stand Up Part 3: Meeting the Oracle of Omaha
Submitted by inoculatedinvestor on 11/04/2010 10:10 -0500This is part 3 of the 5 part interview with Warren Buffett's biographer Alice Schroeder. It includes insight into what makes the Oracle of Omaha tick that you will not find anywhere else.
Another Nobel Economist Says We Have to Prosecute Fraud Or Else the Economy Won't Recover
Submitted by George Washington on 11/04/2010 10:06 -0500Book 'em, Danno!
To Reduce Taxes, We Must Abolish Our Tax Breaks
Submitted by Value Expectations on 11/04/2010 08:28 -0500After preparing my taxes last year, my accountant noticed my horror and responded that “You’re not playing the game right. Buy a house with a large mortgage, have children, or do something that’s deductible to reduce your tax bill.” The accountant’s words were true, and a shining example of a wealth transfer that’s not spoken of enough.
My Analysis of the Election
Submitted by madhedgefundtrader on 11/04/2010 07:42 -0500Who really won this election? I did! There will be a major sell off next year, not just in stocks, but in all asset classes. The election results increase the certainty and the severity of this event. Volatility (VIX) will rise across the board. What The Election Means for Economic Policy. What the Election Means for the Markets.
BoomBustBlog Analysis of Morgan Stanley’s Q3 2010 Operating Results
Submitted by Reggie Middleton on 11/04/2010 06:01 -0500Morgan Stanley is also extending its abysmal track record in CRE with the 97% in Revel. The bank took an effective loss for the common shareholders, even when backing out the DVA effect (which is a non-cash charge) as long as you normalize one time items. There is plenty more pain in RE to come, and Morgan's track record is horrendous at the same time expenses are rising with talent fleeing.
ROLL UP FOR BEN'S KEYNESIAN MAGICAL MYSTICAL TOUR
Submitted by williambanzai7 on 11/04/2010 02:32 -0500When a Banksta sells a Treasury Note to Ben's Keynesian Magical Mystical Tour...He has no idea what to expect...
