Archive - Aug 2010 - Blog entry
August 12th
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.
August 11th
The Dodd-Frank Wall Street Reform and Consumer Protection Act: The Triumph of Crony Capitalism (Part 1)
Submitted by Econophile on 08/11/2010 23:13 -0500Until I began to examine the Dodd-Frank financial overhaul bill I had no idea that it would so significantly change the direction of the United States. It's scope is so vast and pervasive that it is difficult to grasp its totality. I wrote this article to try to explain this and why I believe it is so important for us to understand it. Because of its complexity it was not possible to do this briefly, so I wrote this major "white paper" and divided it into four parts to make it easier to digest. Please stick with me for the next four days; your eyes will be opened.
Get Ready for the Sack of Rome
Submitted by madhedgefundtrader on 08/11/2010 22:24 -0500A decade from now, it will not be stock investors complaining about a lost decade, but owners of bonds. Is the final blow off top in the great 30 bull market in bonds at hand? PIMCO’s Mohamed E-Erian says that there is a 25% chance of real deflation hitting the US. The higher bonds go, the more imaginative the explanations become as to why it should continue. (TBT), (TMV)
Did The Fed Blow It?
Submitted by Leo Kolivakis on 08/11/2010 18:38 -0500Did the Fed blow it or are Wall Street crooks gearing up for another big payday?
Lender Liability at the FHA?
Submitted by Bruce Krasting on 08/11/2010 18:00 -0500There is no rule that has not been broken.
Look, Big Surprises Coming from the UK and China!!! UK and Chinese Growth Slower Than Expected, but Exactly Where BoomBustBlog Said It Would Be
Submitted by Reggie Middleton on 08/11/2010 14:44 -0500I'd be Surprised if any of my readers were Surprised by the Surprises announced in the sovereign economies these days...
The Fed's New Round of Quantitative Easing Is Like Trying to Patch Leaking Pipes by Pumping in More Water
Submitted by George Washington on 08/11/2010 12:17 -0500Keynesian stimulus can't be examined in a vacuum.
Pivotfarm Daily News Harvest 11th August 2010
Submitted by Pivotfarm on 08/11/2010 08:44 -0500Markets in a Flash
· The JPY continues to look strong today. The JPY/USD continues its trend and is making new highs.
· The EUR/USD is trading just above the 1.3000 level. It has bounced of the resistance today and may possible go through as people abandon risk for the greenback.
· US equity futures are lower by over -1.0% this morning following the fall in worldwide markets.
There Goes Those Fancy eBook Aspirations from Apple, Barnes and Noble, and Amazon: 100,000’s of FREE eBooks from the Public Library
Submitted by Reggie Middleton on 08/11/2010 07:19 -0500Amazon, Barnes and Noble, and Apple now have to compete with free eBooks from the public libraries that play on $100 android tablets or directly from your cell phones. Is the commercial eBook/eReader business model DOA? It certainly looks like it...
An Open Challenge to Paul Krugman: Were America’s Founding Fathers Wrong for Advocating Death for QE Measures?
Submitted by smartknowledgeu on 08/11/2010 01:07 -0500If monetary debasement can truly create economic recovery, why did our Founding Fathers establish, in the US Coinage Act of 1792, that any persons discovered to be deliberately debasing US money "shall be guilty of felony and shall be punished by death"?
