Archive - Aug 12, 2010 - Blog entry
My Best Trade of the Year
Submitted by madhedgefundtrader on 08/12/2010 23:22 -0500Wheat prices have doubled in six weeks. Domestic grain traders, seeing nothing but rows of corn, wheat, and soybeans at home as far as they eye could see, were caught totally flat footed. This crop disaster was totally foreign in its origin. Trouble with the canola crop in Canada rippled from Australia, Western China, the Ukraine, and then to Russia, big time. Time to take profits. As any farmer will tell you, pigs get slaughtered.
The Only Things That Matter… And No One Talks About
Submitted by Phoenix Capital Research on 08/12/2010 22:53 -0500Today, most pundits are growing increasingly concerned that we are headed for a “double dip” recession. I think this view is idiotic as the US “recovery” was in fact nothing more than a small bounce in economy activity within the context of a DEPRESSION.
Let’s be honest here. The money printing and Stimulus DIDN’T work last time. All it did was buy time. Indeed, from an economic perspective, the only thing the Feds can claim with any certainty is that the Stimulus produced a bunch of economic data points that were questionable in authenticity (GDP, inflation, employment, etc) many of which have since been revised lower (GDP again).
CPPIB Hedging For Choppy Markets?
Submitted by Leo Kolivakis on 08/12/2010 19:45 -0500The Canada Pension Plan Investment Board (CPPIB) is hedging for choppy markets, snapping up Manhattan real estate and getting into the lending business.
Will BP Skip the Relief Well, Declare Mission Accomplished, and Abandon Ship Without Permanently Killing the Oil Leak?
Submitted by George Washington on 08/12/2010 12:34 -0500Leak? What leak?
BP Is Hiding Dead Animals to Avoid Fine of $50,000 Per Dead Animal (and the Bad Publicity)
Submitted by George Washington on 08/12/2010 11:50 -0500Dead critters? What dead critters?
How Google is Looking to Cut Apple’s Margin and How the Sell Side of Wall Street Will Enable This Without Sheeple Investor’s Having a Clue
Submitted by Reggie Middleton on 08/12/2010 09:07 -0500The title says it all...
Pivotfarm Daily News Harvest 12th August 2010
Submitted by Pivotfarm on 08/12/2010 07:59 -0500Markets in a Flash
· The USD is starting to look stronger today. Against the JPY it is pulling back some of its losses.
· The EUR/JPY appears to be pushing to new monthly lows today. It is trading around the 110.000 level.
· US equity futures are lower today suggesting the selloff will continue when the markets open.
