Archive - Apr 20, 2011 - Blog entry
20 Signs That A Horrific Global Food Crisis Is Coming
Submitted by ilene on 04/20/2011 23:24 -0500As competition for food supplies increases, food prices are going to go up. In fact, at some point they are going to go way up.
Closing Context Update: Up-in-Quality Continues
Submitted by CapitalContext on 04/20/2011 17:23 -0500Headlines will crow of the strength in equities and credit today. However, the lack of high beta participation in credit, the underperformance of financials, and the clear continuation of the somewhat more risk-averse up-in-quality trade in credit and equity markets remains a concern.
One Year Anniversary of the Gulf Oil Spill
Submitted by George Washington on 04/20/2011 15:47 -0500Has anything really improved?
BANZAI7 VISUAL NEWS ROUND UP
Submitted by williambanzai7 on 04/20/2011 15:40 -0500
Noteworthy and visual news of the day...
The Great Flattening of Q1 2011
Submitted by Econophile on 04/20/2011 14:45 -0500Putting aside the S&P threat to downgrade U.S. debt for the moment, consumer and business confidence is weakening, which would be consistent with other data we are seeing about such diverse things as retail sales and industrial production. This is consistent with our forecast for stagflation.
Investing In This Climate Is Like ...
Submitted by George Washington on 04/20/2011 13:29 -0500Some extreme sport analogies ...
Whipsaw Wednesday – Dollar’s Destruction Saves Markets (apparently)
Submitted by ilene on 04/20/2011 13:05 -0500We are living in a weak-dollar fantasy and partying like it's Germany in early 1921 as the Gold Bug Speculators celebrate their wise investments as gold crosses 1,500 an ounce - unfortunately, the value of every other Mark-denominated asset was down 50% by the end of the year.
Attn Captain Obvious | Fed Proposes Rule that Would Require Creditors to Determine a Consumer’s Ability to Repay a Mortgage BEFORE Making the Loan
Submitted by 4closureFraud on 04/20/2011 12:34 -0500What kind of back-assward world do we live in when the FED has to propose a rule like this?
AT&T’s Q1 Record Results Show That There Is More Money In Android Than There Ever Was In Apple: How Do You Compete With Less Than Free?
Submitted by Reggie Middleton on 04/20/2011 12:30 -0500The quarter AT&T loses iPhone exclusivity is the quarter they report record numbers. Why? They started pushing high end Android phones that more than made up for the iPhone loss. You really can't compete with "less than free"!
Give Up Your Cell Phone...It's Patriotic
Submitted by thetechnicaltake on 04/20/2011 09:31 -0500Not only has this President squandered his opportunity, but his notion of a what a shared sacrifice is very much skewed.
It’s Official: China Will Be Dumping US Dollars
Submitted by Phoenix Capital Research on 04/20/2011 08:33 -0500In case you missed it, earlier this week China announced that its foreign currency reserves are excessive and that they need to return to “reasonable” levels. In politician speak, this is a clear, “we are sick of the US Dollar and will be taking steps to lower our holdings.” Remember, the US Dollar is China’s largest single holding. And China has already begun dumping Treasuries (US Debt).
Google’s Q1 2011 Review: Part 2 Of My Comments On The Gross Misvaluation of Google
Submitted by Reggie Middleton on 04/20/2011 06:40 -0500Google's post Q1 earnings reaction is one of the most blatant examples of nearsightedness I have seen for awile, rivaling the S&P AAA rating of subprime NINJA loan CDS writing monoliness using 120x leverage at the top of the housing market in 2007.
Why Is The Euro So Strong?
Submitted by Smart Money Europe on 04/20/2011 04:33 -0500One would think that with the bail-out of Portugal, even more downgrades of Irish government bonds and Greece a Dead Man Walking, the euro would get hammered with this tsunami of gloom & doom news from the European markets. But, on the contrary, the euro is going strong… very strong!
