Archive - Sep 26, 2010 - Blog entry
An Insider’s Review of Wall Street: Money Never Sleeps
Submitted by madhedgefundtrader on 09/26/2010 23:20 -0500This time Gordon Gekko is John Paulson, the bad guy is Goldman Sachs, and Ace Greenberg throws himself in front of a train. Are there any lessons to be learned from this generation’s Wall Street?
On the Yen Intervention, plus: Bonus Question!
Submitted by Bruce Krasting on 09/26/2010 20:34 -0500Bonus question? What's the prize?
SEC Denies China's Dagong of Market Entry After U.S. Debt Downgrade
Submitted by asiablues on 09/26/2010 20:13 -0500The U.S. SEC denied the application by China's Dagong credit rating firm of NRSRO status citing concern with cross boarder supervision. Dagong immediately issued an angry rebuff calling the SEC’s decision discriminatory, and that Dagong aims to enter the U.S. market to protect China's interests as the largest creditor there.
The Week Ahead for the EUR: Sept 27th-Oct 1st
Submitted by Pivotfarm on 09/26/2010 15:24 -0500In the Eurozone, sovereign debt issues resurfaced with concerns about Irish and Portuguese debt. The weaker-than-expected Irish GDP data heightened fears that bank restructuring added further crippling weight to the government’s debt. Irish real GDP is currently 13% less than it was at its peak in the fourth quarter of 2007.
Weekly Contrarian COT Index and Retail Positioning Analysis
Submitted by Pivotfarm on 09/26/2010 14:27 -0500
Use of Corexit in 1978 Oil Spill Delayed Recovery by DECADES
Submitted by George Washington on 09/26/2010 13:44 -0500Oops...
Climbing the Wall of Worry With Gold and Silver
Submitted by madhedgefundtrader on 09/26/2010 08:59 -0500Was Japan’s massive $21 billion intervention in the foreign exchange markets the opening shot in a global attempt at quantitative easy in the run up to the November elections? The silver move suggests that the economy may be stronger than the “double dippers” realize. The asset class that has been trouncing all comers since 2000. (GLD), (SLV).
