Archive - 2011 - Blog entry

All you need to read.

Latest from Ed Pinto, who piles on the blame the GSEs argument with some new data and analysis in The American, AEI's online magazine. This will not help the cognitive illusion being so skillfully maintained by our friends Ritholtz and Nocera, who still cannot bring themselves to admit that Wall Street runs the GSEs just like a private SIV. Lawyers and first loss exposure is the only difference.

Even a CDO was more collateralised than fiat currency....

Buying Yield is not an investment strategy - its what guys who sell rental properties do with the proceeds

If you haven’t looked at The New York Times recently, you missed something BIG.

The markets have entered a new round of deflation. The only asset class that has yet to realize this is stocks.

Myself and others have discussed many orange and red flags with mobile device accessory company ZAGG. Here, I introduce two additional exhibits which don't exactly suggest the company is doing nearly as well as management and longs will have you believe.

Do we want a real debate?

The world is running short of comic book evil doers...

After last week’s FOMC announcement, which made no hint of additional easing, chances for a “Santa Claus” rally seem slim.

Many don't understand how connected the financial fates of the US and the EU actually are. Those that don't have another think coming.

Evidence of bear raids causing the Crisis in 2007?

Opportunities like this are rare in a bull market.

Canadian threats to transfer their affections to the Chinese market might have some validity – although even Chavez is arranging swaps with Iran for his Chinese sales with Venezuelan crude supposedly sold to Beijing flowing into Texas.

Did the Martians kidnap Santa Claus?