Archive - May 2010 - Blog entry
May 31st
Will Canada Lead G7 Rate Hikes?
Submitted by Leo Kolivakis on 05/31/2010 22:32 -0500Don't look now, but rate hikes are coming, and Canada will likely lead the way among G7 countries.
Proof Media in Total Moral Hazard When Forbes Compares BP with Goldman
Submitted by Static Chaos on 05/31/2010 10:16 -0500When a major mainstream media like Forbes compares BP with Goldman Sachs and recommends investors to buy Goldman stocks, you know the world is in total moral hazard and deserved to be doomed as Marc Faber always said.
A Memorial Day Tribute
Submitted by madhedgefundtrader on 05/31/2010 08:14 -0500It’s not all about making money. Listen to the story of Colonel Mitchell Paige on Guadalcanal in 1942.
May 30th
Beyond Market Turbulence
Submitted by Leo Kolivakis on 05/30/2010 16:19 -0500Time to look past short-term market turbulence and see why fundamentals are improving. It will be volatile, but the market will keep grinding higher. Choose your stocks and sectors carefully, however, the big beta moves are over.
Mr. Denninger and Gold or Why the Dollar-Deflationists Are Wrong
Submitted by Gordon_Gekko on 05/30/2010 12:04 -0500Why we will deflate in terms of Gold but hyperinflate in terms of the dollar...
Investor Sentiment: The Fat Pitch
Submitted by thetechnicaltake on 05/30/2010 09:12 -0500Investor sentiment has turned bearish here, and this is our "fat pitch".
Another Fin. Reg. Failure
Submitted by Bruce Krasting on 05/30/2010 08:44 -0500Private sector mortgage insurance was excluded from the financial regulation debate. Why?
May 29th
Oil Drilling Liability Cap Led To The Gulf Spill
Submitted by Econophile on 05/29/2010 14:44 -0500Why would BP take on a risky venture like drilling in 5,000' of water without adequate safeguards? I understand that BP may turn out to be incompetent relative to its peers. But they are a public company and as such they are responsible to shareholders and creditors. Why indeed. Here's a hint: their after tax earnings in Q1 were $6.1 billion and the economic damages liability cap was $75 million.
Relax! It's Not as Bad as You Think!
Submitted by Leo Kolivakis on 05/29/2010 08:30 -0500Alright ZHers, enough with the gloom & doom. It's time to fess up to the fact that it's not as bad as you think. In fact, it's time to get bullish on America and the rest of the world. Put away your crash helmets and enjoy the long weekend.
May 28th
BP Suspends "Top Kill" For Second Time After Trying Two Junk Shots. Less Than 10% of Injection Fluids are Staying Inside the Leaking Pipes
Submitted by George Washington on 05/28/2010 15:44 -0500There is so much misinformation being flung around, that - as a public service - I will continue broadcasting the real scoop ...
The U.S. Government Bond Bubble
Submitted by Expected Returns on 05/28/2010 15:28 -0500What follows will read like an indictment on our entire economic system. But underlying my (relatively mild) harangue is an observation that people are ignoring the most obvious bubble out there; that is, the bubble in U.S. government bonds. The following is my attempt to figure out why.
Why I’m Not Buying Google on this Dip.
Submitted by madhedgefundtrader on 05/28/2010 08:26 -0500Don’t kid yourself, Google didn’t leave China, it was booted out. Blame Sergei. Google is increasingly being priced like a public utility it has become, not the hyper growth super nova it once was. Investors are growing less tolerant of the firm’s quixotic forays into other money losing business. Did I mention that they have a space program? (GOOG), (BIDU).
The Force Is No Longer With This One… As a Matter of Fact, They May Be Seeking Protection…
Submitted by Reggie Middleton on 05/28/2010 07:32 -0500At the request of one of our Professional Subscribers, we performed a preliminary analysis of Force Protection, Inc. While it doesn’t suit our needs, I have decided to put the summary out in the public domain. This company is a text book business failure waiting to happen, and is a monument to the consequences of not diversifying your revenue stream.
Marc Faber: Make Money on Stocks Volatility While Holding Physical Gold
Submitted by asiablues on 05/28/2010 07:17 -0500Faber's latest market call in a Bloomberg interview on May 24, plus my comment and a technical look of the SPX and gold.
BP Using 30 Year-Old Playbook in Responding to Oil Spill?
Submitted by George Washington on 05/28/2010 04:10 -0500Operation SOMBRERO ??!!
