Archive - Apr 2011 - Blog entry
April 29th
THe WeDDiNG GueST
Submitted by williambanzai7 on 04/29/2011 05:12 -0500The wedding guest here beat his breast, For he heard the loud bailout bassoon...--Samuel Taylor Coleridge
Gallup Poll Shows that More Americans Believe the U.S. is in a Depression than is Growing … Are They Right?
Submitted by George Washington on 04/29/2011 01:00 -0500How can so many Americans believe that we’re in a depression, when the stock market and commodity prices have been booming?
April 28th
Student Loan Debt Hell: 21 Statistics That Will Make You Think Twice About Going To College
Submitted by ilene on 04/28/2011 19:23 -0500Posted below are 21 statistics about college tuition, student loan debt and the quality of college education in the United States….
Capital Context Update: Observations and Other Greeks
Submitted by CapitalContext on 04/28/2011 17:09 -0500While 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.
Reality Check - How Much is that Priced in Euros?
Submitted by ilene on 04/28/2011 15:02 -0500We 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!
Bernanke Has Officially Killed the Dollar
Submitted by Phoenix Capital Research on 04/28/2011 10:24 -0500Yesterday, 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.
BeRKSHiRe HaTHaWaY--HeY Moe!
Submitted by williambanzai7 on 04/28/2011 08:25 -05009:30AM NYUK Opening Bell: Berkshire Hathaway has further escalated its war of words with former executive Curly Sokol...
Chinese Yuan is Going For Gold… Literally!
Submitted by Smart Money Europe on 04/28/2011 05:22 -0500The 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?
The L Word?
Submitted by Leo Kolivakis on 04/28/2011 00:27 -0500Is the L word the pension fund industry's dirty little secret?
Storms Knock Out 3 Nuclear Reactors in Alabama ... No Leak, But a Reminder of Nuclear Vulnerability
Submitted by George Washington on 04/28/2011 00:04 -0500Black swan avoided ... this time
April 27th
Ben B at the Q&A
Submitted by Bruce Krasting on 04/27/2011 23:06 -0500Sixty minutes cut to eleven. Only the "good" stuff
NeW GReeN BaCK CaKe
Submitted by williambanzai7 on 04/27/2011 19:29 -0500Commemorating the first Federal Reserve Press Conference and the strong US Dollar...
Capital Context Update: Transitory Fluctuations
Submitted by CapitalContext on 04/27/2011 16:34 -0500Stocks ended the day higher, though off their highs, handily outperforming the HY and IG credit markets as the FX and PM markets exploded in the afternoon around Bernanke’s press conference. Divergence between high and low quality credit and equity suggests releveraging is starting to be priced in.
Senators Franken and Blumenthal and Representative Johnson Announce Legislation Giving Consumers More Power In Courts vs. Corporations
Submitted by George Washington on 04/27/2011 16:30 -0500The Supreme Court drastically limited class action lawsuits today. Two senators and a congressman are trying to roll back the decision ...
