Archive - Mar 8, 2011 - Blog entry
Wish You Had A Pension?
Submitted by Leo Kolivakis on 03/08/2011 23:54 -0500Traditional pensions have been vanishing for private sector workers, causing untold retirement anxiety, and American workers want them back...
Earnings Are a Load of Nonsense
Submitted by Phoenix Capital Research on 03/08/2011 20:36 -0500Earnings season has always been a crapshoot largely because of the nature of our financial system. To whit, we have accountants whose jobs consist entirely of finding ways to minimize taxes and eek out profits from even the flimsiest of circumstances (financial firms have become masters of this).
Pentagon Papers Whistleblowers and Congressman Call for a New 9/11 Investigation
Submitted by George Washington on 03/08/2011 15:57 -0500In California ...
Guantanamo Show Trials Re-Started
Submitted by George Washington on 03/08/2011 15:36 -0500Just like the ole Stalinist show trials?
NeW OBa-MeRS-iKa
Submitted by williambanzai7 on 03/08/2011 14:52 -0500Do you know how they plan to solve the MERS conundrum/ClusterFUBAR?
Crashiverary Week Continues
Submitted by ilene on 03/08/2011 13:10 -0500"It does not get any clearer which way Wall Street is trying to take oil," says Stephen Schork. The Schork Report notes that speculators now own nearly six times as many barrels of oil... as can be stored at the WTI trading hub in Cushing, Okla.
Will The Day Of Rage In Saudi Arabia On March 11 Send The Price Of Oil Into Unprecedented Territory?
Submitted by ilene on 03/08/2011 12:49 -0500Speculation in oil futures is absolutely rampant.
Microsoft Finally Making Smart Moves – Is It Too Little Too Late, Though? Here’s How To Make Money Regardless
Submitted by Reggie Middleton on 03/08/2011 11:04 -0500Microsoft effectively purchases Nokia's entire hardware platform from an economic perspective for just over a billion dollars, while Nokia solves the sinkhole that was OS R&D and the quandary over how to compete with the free OS that has taken over the world - Android. Now, the big question is, "Will it work?"
Congress to Prez: "Keep the 'hot money' flowing"
Submitted by Bruce Krasting on 03/08/2011 09:59 -0500Hot money is good for the big US banks. But not so good for the folks in Libya. Congress wants to keep it that way.
Why Haven’t Riots Hit the US Yet?
Submitted by Phoenix Capital Research on 03/08/2011 09:47 -0500The reasons the US hasn’t been gripped by riots are the following: 1) The security nets (food stamps, welfare, etc) continue to keep lower income Americans afloat… for now.
2) Food in the US is so processed that increases in agricultural prices don’t pass through as rapidly into higher food prices.
Neither of these will last much longer.
The Death of the Mutual Fund
Submitted by madhedgefundtrader on 03/08/2011 09:26 -0500Investors will win the ETF price war, while the real victim will be an arthritic mutual fund industry. You can’t miss those glitzy, overproduced, big budget ads on TV for a multitude of mutual fund families. But they are about to be consigned to the dustbin of history.
Trade Against The Retail Herd 8th Mar
Submitted by Pivotfarm on 03/08/2011 02:20 -0500EURUSD remains in its uptrend, however we are seeing a rather large sentiment shift in retail positioning with the EURUSD very close to Neutral territory after a spell in the strong long zone, GBPUSD is now also in the Neutral zone. Key news events that could have an impact on positioning are CAD Housing Starts released at 8:15 EST, and also tentatively timed is a speech by BOE Gov King.
Market Goes Down on Libya as Qaddafi Proves not to be a Cunning Linguist
Submitted by MoneyMcbags on 03/08/2011 01:35 -0500The market sold off today as the Fed came out (not that there is anything wrong with that) and said...
