Archive - Feb 25, 2011 - Blog entry
We're Rapidly Approaching the Crisis to Which 2008 Was a Warm Up
Submitted by Phoenix Capital Research on 02/25/2011 23:05 -0500When the stuff hits the fan this time around, the Fed will be powerless to do anything. Bernanke’s already shot every bullet he’s got. So when he loses control this time around, not only will the market crater, but the belief that has kept the financial system afloat through every Crisis of the last 30 years (namely that the Fed can always save the day) will shatter.
Day of Reckoning on California Pensions?
Submitted by Leo Kolivakis on 02/25/2011 22:18 -0500A new report from the Little Hoover Commission says that many state and local government employees have been promised pensions that the public couldn't have afforded even had there been no housing and financial crash. The report doesn't mince words: "pension costs will crush government".
Government Infiltrates Terror Cells Time and Again ... But Fails to Stop Attacks
Submitted by George Washington on 02/25/2011 17:52 -0500With must-see Dan Rather news clip ...
2/25 Bond Market Summary
Submitted by Stone Street Advisors on 02/25/2011 17:08 -0500Fairly quiet day, next week to round out February's issuance, early in the week we have a couple of bill auctions.
Politicians Slash Budget of Watchdog Agencies ... Guaranteeing that Financial Fraud Won't Be Investigated or Prosecuted
Submitted by George Washington on 02/25/2011 16:15 -0500How does D.C. address the infinitesimally small nano-level of change included in FinReg? Defund it, of course ...
ARe You ReaDY To PLaY ReGiMe CHaNGe CLueDo?
Submitted by williambanzai7 on 02/25/2011 15:15 -0500Was it Mugabe in the abattoir?
Retailers That Beat on Earnings – Are Target Corp. (NYSE:TGT) & Kohl’s Corp. (NYSE:KSS) Attractive Investment Opportunities?
Submitted by Value Expectations on 02/25/2011 14:06 -0500Target Corp. (NYSE:TGT) & Kohl’s Corp. (NYSE:KSS) reported yesterday that revenues and profits rose in the 4th quarter behind strong holiday season sales, helping lift their share prices in yesterday’s trading. Shares of Target rose 3.5% to $52 and shares of Kohl’s rose 3.4% to $53.80.
Top 12 Countries Most Likely To Go Belly Up
Submitted by asiablues on 02/25/2011 12:53 -0500An interesting take at measuring global fiscal risk and why France and Germany are more screwed than Greece and Japan
Reggie Middleton ON CNBC’s Fast Money Discussing Hopium in Real Estate
Submitted by Reggie Middleton on 02/25/2011 12:39 -0500A significant extension to my 3 minute Q&A on CNBC's Fast Money show yesterday that, in my opinion, provides irrefutable evidence that commercial real estate is about to enter a cyclical bear market. Then again, what do I know...
Fuggedaboutit Friday - Dip? I Didn't See No Dip?
Submitted by ilene on 02/25/2011 11:43 -0500Of course, what sucks for the American worker is great for our Multi-National Corporate Masters and we all love a good puppet show, so they bought out the President to say "U.S. companies shouldn't worry about inflation if they're planning on expanding their business."
FASB’s Karma
Submitted by Bruce Krasting on 02/25/2011 09:29 -0500Do you believe there is a Yin and Yang? I do.
Trade Against The Retail Herd 25th Feb
Submitted by Pivotfarm on 02/25/2011 03:03 -0500The big news event of the day is the US GDP 10:00 EST expected to come in at 3.3% a deviation of 0.1% or more could lead to some significant changes in trader positioning, we also have UK Revised GDP coming out at 04:30 EST which is also often a big mover. In yesterdays session we saw overall GBP weakness. As a result GBPUSD has slipped from the strong long zone back into the long zone
