Archive - Jun 2010 - Blog entry

June 30th

Leo Kolivakis's picture

Calpers and Risk: Together Forever?





After maintaining a low-risk real estate strategy for decades, studies commissioned by Calpers show that it switched gears in 2002, embracing higher levels of risk even as the real estate market began to top out in 2005. By mid-2009, Calpers had a one-year loss of 48.8% in its real estate portfolio and was reporting among the lowest returns of any large pension fund in the country.

 

thetechnicaltake's picture

What's Next? The Obvious Take





The "fat pitch" that was looking good has fizzled into a stinky, foul ball. In all likelihood, we are looking at a bear market.

 

EB's picture

Fed begs you to ignore non-economists that predicted revised Q1 GDP in Nov 2009





Despite the pleas of Dr. Athreya to the contrary, Rick Davis of the Consumer Metrics Institute boldly goes where no BLS statistician or Fed economist dares...that is into the upstream consumption data (gathered in real time, no less) that leads the taxpayer-subsidized bean counters' work by up to seven months. While it's no surprise that all is not well on the H2 2010 horizon, CMI tells us specifically what to watch out for.

 

madhedgefundtrader's picture

Australian Dollar Owners Make a Killing.





Hedge funds poured into the currency down under, making it one of the world’s best performing assets this month. The bottom line is that interest rates there are high and rising, while ours are low and stagnant. A procession of central banks have been pulling the ripcord on the troubled euro and landing into currencies with vastly better fundamentals. A proposed 40% mining tax triggers a stunning change in government. Singing “Waltzing Matilda” in the shower. (FXA), (EWA).

 

bmoreland's picture

Flagstar Bank: The Good, The Bad & The Ugly





Flagstar is the nation's 65th largest bank and without yet another recent capital raise would probably be gone. In truth, there is little Good and a whole lot of Ugly.

 

asiablues's picture

Ferguson, Roubini vs. Krugman: Slowdown or Depression for The U.S.?





Paul Krugman, obviously in total distress over the G20 deficit cut pact, sees a 3rd depression coming to America. Meanwhile, Dr. Doom--Nouriel Roubini--sees a slowdown rather than a double-dip recession in the U.S., and Harvard University professor Niall Ferguson agrees.

 

June 29th

George Washington's picture

Department of Energy: Oil Well Drill Pipe Was Violently Ejected Upwards Into the Blowout Preventer





Is this partly responsible for the failure of the blowout preventer?

 

Econophile's picture

Will We Have Inflation, Deflation, or Hyperinflation? Part 4 (Final)





This is the fourth and final part of my major four part series dealing with what I feel is the primary question investors must now answer: is our future to be inflation or deflation? The answer has vast implications to our investment planning and decisions for the near term, and possibly for our long term. It is a very complex question with a lot of moving parts involving economics and politics. For those of you who have stuck with me for this series, thanks!

 

Fibozachi's picture

End of the Bull: Primary Trend Shifts as Markets Shatter





Tuesday's relentless sell-off across US equity markets marked an undeniable end to the continuous series of higher lows that had been intact since July 2009; closing below 1,044.50 on the S&P 500 Cash, bulltards can no longer claim that the primary trend of equities remains bullish. With ZMH the only S&P 500 issue closing higher, could GETCO be anticipating a large order from Mr. Market for a new hip? Joking aside, what can we expect after such an all-encompassing technical rout?

 

Leo Kolivakis's picture

Preparing for Next Big One?





“We will have a financial crisis again — it’s just a question of the frequency,” said the economist Kenneth Rogoff, who, with Carmen M. Reinhart, wrote a terrific book titled “This Time Is Different: Eight Centuries of Financial Folly.” The title says it all. We’ve been through this before and will go through it again.

 

George Washington's picture

Methane Release From the Gulf Oil Spill: What Does It Mean? How Bad Could It Get?





Will the methane kill marine life in the Gulf? Cause global warming? Bring on tidal waves and firestorms? Here's everything you ever wanted to know about methane - INCLUDING woolly mammoth farts ...

 

Bruce Krasting's picture

A Look at the Case-Schiller - No Good News





Larry Kudlow is selling this report as good news. I think it stinks

 

madhedgefundtrader's picture

The Only Certainty in Life: Taxes are Rising





$2,000 in tax increases will be needed per household to cover increased government social service spending by 2015. This figure then soars to a mind blowing $12,636 by 2050. We are now paying the piper for 30 years of tax cuts and spending increases. Sure, we won the Cold War, but we did it all on an American Express card, and have been rolling over the balance ever since. The winner of elections from now on is basically irrelevant, as our problems have grown to the point of insolvability.

 

Reggie Middleton's picture

In the News This 29th Day of June, 2010: A Whole Bunch of “This Ain’t No Surprises” from Europe





There's a whole lot of economic and financial surprises coming out of Europe today (wink, wink)!

 
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