Archive - Apr 28, 2011 - Blog entry

Posted below are 21 statistics about college tuition, student loan debt and the quality of college education in the United States….

While stocks seemed in a world of their own today relative to Treasuries, FX carry, PMs, oil, and even the USD, they managed to make solid gains amid above average volume following a series of dismal macro prints this morning. Credit outperformed but we outline why the velocity of moves may slow a little here.

We are right on track for the next American revolution but it's a slow train so grab those fish while you can, my friends - you may need them to barter with down the road!

Yesterday, Bernanke staged a “conference” answering “questions” from “journalists.” It’s striking that the man with the most power in the world would be handled with kid gloves. After all, if he’s in charge of directing the world’s reserve currency, surely he could answer a few hardball questions about his insane policies However, instead of holding this miscreant accountable for his monetary madness, the “journalists” let him prattle on with his meaningless drivel. The markets, on the other hand, read through his BS. Soon after the conference the US Dollar collapsed to a three year low.

9:30AM NYUK Opening Bell: Berkshire Hathaway has further escalated its war of words with former executive Curly Sokol...

The Chinese yuan is going strong again, breaking the 6.5-dollar-level over night: Thanks Ben! In the meantime, gold demand in China is surging... what does this all mean?

It's Not You, It's Money McBags

Is the L word the pension fund industry's dirty little secret?

Black swan avoided ... this time