Archive - Feb 3, 2011 - Blog entry
Banks Overcharging Pension Plans?
Submitted by Leo Kolivakis on 02/03/2011 22:28 -0500Markopolos went on to say, “The banks that are doing it, it's 25-33% of their bottom line net income per year, so it's like being addicted to heroin, they can't afford to pull the needle out because their share prices will collapse."
Ben Bangs Bonds Out of Range
Submitted by Bruce Krasting on 02/03/2011 19:18 -0500When markets turn on you, you become a short timer.
Housing Armageddon: 12 Facts Which Show That We Are In The Midst Of The Worst Housing Collapse In U.S. History
Submitted by ilene on 02/03/2011 17:03 -0500We are officially in the middle of the worst housing collapse in U.S. history - and unfortunately it is going to get even worse.
Fuzzy Logic: Those Who Fail to Learn From History...
Submitted by Stone Street Advisors on 02/03/2011 16:51 -0500If you don't know the stories of LTCM, Enron, Tyco, Worldcom, Adelphia, Global Crossing, the S&L Crisis, how portfolio insurance contributed to the 1987 crash, or countless other investing lessons going back centuries, then you have no business investing your or anyone else's money. Now, it looks like China MediaExpress Holdings is about to become another one of these lessons.
BaNZai7 SuPeR DoLe PReVieW
Submitted by williambanzai7 on 02/03/2011 16:33 -0500A killer play ("655321 QE Triple fake)" freshly inked in Quarterback Benny Inkjet's playbook...
No Sale Thursday - Will the Dollar Save Retail or Doom Us All?
Submitted by ilene on 02/03/2011 15:31 -0500Is it just remotely possible, that 50% of the people in the United States of America can't possibly afford to live in Bullish Projection America and that the growth that is priced into the markets is, perhaps, overly optimistic?
Bernanke Speech Translation
Submitted by Econophile on 02/03/2011 14:47 -0500This is a translation of Ben Bernanke's speech today to the National Press Club. The short translation: We don't know what we are doing!
Is the Precious Metals Correction Over?
Submitted by Phoenix Capital Research on 02/03/2011 13:35 -0500Traders take note. The inflation trade is back in full effect. It is overstretched in some areas, but that state can last quite a while. And we you consider the idiocy coming our of the Fed (QE 3!?!?!) and the ECB, it’s not surprising. Until someone reigns these lunatics in, commodities will be ramping higher, trumping even stocks’ performance.
WSJ & Ben
Submitted by Bruce Krasting on 02/03/2011 11:19 -0500I wonder when the WSJ will eat crow? Sooner than you might think.
Currency Crisis! Inflation! Sovereign Defaults! Bahhhh… Who Are ‘Ya Gonna Believe, The Government Or Your Lyin’ Eyes?
Submitted by Reggie Middleton on 02/03/2011 11:15 -050043 obvious signs of what everybody in central banking says is not their - Inflation. Next up: currency volatility?
How to Maintain Internet Access Even If Your Government Turns It Off
Submitted by smartknowledgeu on 02/03/2011 10:47 -0500Want to know how to keep internet access when your government shuts it down? Then read this article from Patrick Miller and David Daw.
Time to Short the Garlic Eaters
Submitted by madhedgefundtrader on 02/03/2011 10:06 -0500The garlic eaters don’t want to repay their debts, and the beer drinkers don’t want to lend them any more money. That pretty much sums up the financial tensions that exist within Europe right now. Time to Short the Euro.
F.D.C.
Submitted by williambanzai7 on 02/03/2011 05:01 -0500"Timid men prefer the calm of despotism to the tempestuous sea of liberty." Thomas Jefferson
Mubarak Challenges Quantitative Easing for Title of Biggest Pyramid Scheme
Submitted by MoneyMcbags on 02/03/2011 02:48 -0500The market was relatively quiet today as protesters in Egypt clashed with pro-government supporters (apparently one group wore plaid and another wore stripes, how gauche)...
