Archive - 2010 - Blog entry

Connecting yield curve dots.

“Uncertainty” is emigrating from the US to Europe, sending the dollar off to the races and the Euro in for rehab. Lindsay Lohan, eat your heart out. A reemergence of the “PIIGS” disease, concerns about the deteriorating quality of the lesser sovereign credits in Europe, is now unfolding as the triggering event.

QE explained in such a brilliantly simplistic manner that even asleep-at-the-wheel Americans whose lives revolve around the NFL team they call god can understand what it is.

In a flat forty-one with my strat on the door--
We was goin' to the country for what we came for.--
I'm sure you've smelled the trees in the air. --
The best of motor cruisin's just the joy to get there.--ZZ Top

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

But the real story is that this financial crisis in Europe could potentially cause the break up of the euro and of the European Union.

A Canadian policy think tank believes increasing retirement eligibility by two years may fix an impending demographic crunch.

The market quieted down today as European investors apparently have turned their focus from Ireland's spiraling deficit to wondering if they will be charged international rates for voting in Argentina's Dancing with the Stars while also...

Not this time, boys!

LIVE from 4:30 - 6:00 est. Well folks, from the calls that were placed and the information we have received it has now come down to the next few hours...

Become a power user ...

Now I don't mean to be overly cynical or anything...

Bernanke is like the Sorcerer's Apprentice: Given the magic hat - he commands his broom army to fetch buckets of dollars to inflate the economy the easy way but his lazy solution quickly turns into disaster as the waters start rising and he finds he has no way to stem the rising tide

I give up on Sheila..

UPDATE: "Mr. Ellison asked unanimous consent that debate on PASSING H.R. 3808, the objections of the President to the contrary notwithstanding, be limited to 10 minutes. The House resumes today at 10am." Watch it live here...