Archive - Jun 14, 2010 - Blog entry
Mercer Pays $500M to Settle Pension Suit
Submitted by Leo Kolivakis on 06/14/2010 18:40 -0500Whoah! Mercer's little Alaska problem is going to end up costing them $500 million!
Inflation and Monetary Regimes
Submitted by Chris Pavese on 06/14/2010 12:34 -0500“The damage and suffering caused by inflation during the course of history are enormous. Still, the worst excesses of inflation occurred only in the 20th century. This development was a consequence of the further technical development of money from coins to paper money and book money together with changes in the monetary regime or constitution ruling supply and control of money.” - Peter Bernholz, “Monetary Regimes and Inflation”
Few observations on MCDX and the future of municipal bond market
Submitted by Cheeky Bastard on 06/14/2010 12:03 -0500Title says it all
Throw a Little Conspiracy Theory into the Pan-European Sovereign Debt Crisis and an Impending Spanish Bank Collapse and Who Needs TV For Entertainment?
Submitted by Reggie Middleton on 06/14/2010 11:45 -0500The global equity markets are in meltup mode again. I want to take this opportunity to reiterate that I am still quite bearish on much of the situation in Europe. Let’s glance at the credit markets, major banks and the state of sovereign indebtedness in Spain.
Charles Nenner Says the Market Won’t Crash Until the Fall.
Submitted by madhedgefundtrader on 06/14/2010 10:14 -0500The technical analyst to the stars says tt is safe to buy the S&P 500 (SPY) this week for a summer rally because the big crash isn’t coming until the fall. You should use the current bout of weakness in the Australian dollar (FXA) to load the boat. Oh, and while you’re at it, short gold (GLD). The next swoosh down will be more violent and longer than anything we have seen so far. Emerging markets (EEM) to remain cool. A major long term bull market in corn, wheat, and soybeans launches after the summer.
