Archive - 2011 - Blog entry

In America, the market is only allowed to go one way!

Interestingly, the esteemed economist John Maynard Keynes considered the love of money a form of mental illness. Our need for money becomes the ‘hook’ through which the Big Wetikos (who control the supply and value of money) can ‘yank our leash’ and manipulate humanity.

Not as entertaining and colorful as the original report but interesting none the less...

Like I said, the Euro in its current form is finished. Europe can no longer “kick the can” down the road. SOME KIND of resolution has to happen. And it is likely to happen before the end of February.

The electric battery gets its first real makeover in 152 years. Immense amounts of money are being made with the new battery technologies. Electric cars will take over 15% of the global car market, or 7.5 million units by 2020. At stake is nothing less than the viability of two economic systems. Will the operating instructions will come in English—or Mandarin. (BYDDF), (SQM), (XIDE)

This hypothetical comes pretty close to the perfect definition of a TBTF FUBAR.

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

Is Florida's pension fund broke?

Yum ...

In short, the Banks’ authority to act as trustees under federal law does not insulate the assets the Banks hold in trust for the benefit of investors from state law requirements otherwise applicable to those assets.

Those who think this will not, better yet... has not metastasized into a very significant problem has overdosed on the Sell Side Kool Aid once too often. The banking industry is soon to be the new tobacco industry.

Hendry is now focusing his rhetoric -- and investing strategy -- on the bigger target: China. He’s betting that growth in the world’s No. 2 economy will collapse because of rampant real-estate speculation, sending shock waves through Asia and beyond.

Blowing smoke. Again.

What would Nenner do with new money he received today? What are the cleanest trades out there? It’s very simple. He would sell the next two point rally in bonds through buying the (TBT). He would buy any dips in the grains, crude and the dollar against the Euro. He would sell any breakdown in the Australian dollar. Finally, he would be laying on big shorts in the Japanese yen right now. En exclusive interview with The Mad Hedge Fund Trader on Hedge Fund Radio.

Morgan Stanley's real estate division hits yet another home run in (in fees) as investment clients get (literally) taken to the bank.