Archive - May 24, 2011 - Blog entry

A special report...With the latest ball breaking EURO BAMA updates. [ABSOLUTELY NO COFFEE OR ORANGE JUICE ALLOWED!]

Obama says we should "look forward" instead of prosecuting Wall Street fraud. That guarantees that we will have more economic crises.

Similarly, if we only "look forward" and never look back at unanswered questions, it will ensure more hanky panky in Iraq ... er, Libya ... um, Iran or elsewhere ...

Greece says it will not default because it has made a perfectly circular argument against default, and we all know that Circular Reasoning Works Because Circular Reasoning Works Because...
Greece is Guaranteed to Default. It's shouldn't even be up for debate since it is simple math: 2+2=4, not 3. I've laid it all out for you below, complete with the requisite advanced mathematical formulae (2+2...)

For those who watched television with any frequency in the 1980s, they surely remember the ubiquitous presence of Robin Leach, host of Lifestyles of the Rich and Famous. With a recovering economy having powerfully revived the ability of Americans to grow very rich, Leach's show was a guilty pleasure for those eager to see how they lived.

While the commodity complex has been on a tear ever since the global recession cooled, there is one commodity that has been going nowhere: Natural Gas! Yet, we have been receiving hints that this game is about to change.

The stock market peaked last February, not on April 29, as the indexes are suggesting. The stock prices of the best run companies in the most profitable industries are rolling over like the Bismarck. The best case is that we are nearly three weeks into a 10% correction that will take us to the 200 day moving average for the (SPX) at 1,234. (AAPL), (GOOG), (GS), (FCX).

A special presentation from the Banzai7 Institute of Behavioral Finance and Montary Schlemielery...

In the investment industry, information asymmetry explains why elite funds are able to consistently outperform over the long-term. If you're curious about what elite funds are actually buying and selling, not what they're saying, this is a must read comment...