Archive - Mar 8, 2010 - Blog entry
FDIC Prodding Pensions to Invest in Failed Banks
Submitted by Leo Kolivakis on 03/08/2010 22:17 -0500U.S. regulators are encouraging public pension funds that control more than $2 trillion to inject capital directly into the banking system by buying failed lenders, Bloomberg said, citing people briefed on the matter. Is this the next huge financial blunder? Sure looks that way...
Narrowest S&P 500 Range in 2-3 Years: Fibonacci Time Cycles & Volume Analysis
Submitted by Fibozachi on 03/08/2010 21:00 -0500High-Low range comparison, Fibo time cycles & volume analysis charts of the S&P 500, ES & SPY. A bottom-line market outlook for prop traders, portfolio managers, market makers & individual investors. At day's end, if you are still trying to chase the Jones' performance off March '09 lows, what the hell else is keeping you invested in this Russian roulette equity crap-shoot? Please, please don't "invest" like Buffett, but do heed the gist of his approach to selectivity (shared in 1999), which essentially posits that ...
CISCO AND THE FUTURE OF THE INTERNET
Submitted by williambanzai7 on 03/08/2010 20:50 -0500What's up at CISCO?
Geithner: 'We Saved the Economy, But We Kind of Lost the Public Doing It' | Me: We Can Save the Economy, But Only If We Kind of Lose Geithner
Submitted by George Washington on 03/08/2010 17:21 -0500"We may have to sacrifice just two more jobs to get millions back for Americans."
Are We in a Recovery?
Submitted by Econophile on 03/08/2010 14:20 -0500A lot of conflicting data came in last week. There is a lot of positive news, but does it all add up to a recovery or is the cyclical recovery headed for a stall? Nothing has changed the underlying conditions that would relieve the credit freeze. And without credit, the economy will stall.
The Fastest Growing Export of the Western Banking Industry is Fraud
Submitted by smartknowledgeu on 03/08/2010 06:17 -0500There is a rational explanation why the public-at-large still grants a great deal of validity to the opinions of people I like to call the “men who cry wolf” – Ben Bernanke, Timothy Geitner, Gordon Brown, Alan Greenspan, et al. It is because the fastest growing export of the Western banking industry (and governments) is now fraud.
The Mother of All Carry Trades has Started
Submitted by madhedgefundtrader on 03/08/2010 00:11 -0500It is time to start scaling into a major short in the yen. The Euro/Yen cross is pointing the way. The prospects of Japan raising rates are nil. The government’s pool of lenders is drying up. The savings rate is plummeting. The bill for the world’s worst demographic outlook is coming due. Macro investing at its finest. Look for ¥120 in a year. (YCS)
