Archive - Oct 23, 2012 - Blog entry

With the Associated Press report appended here, the German gold audit story has just exploded into the English-language press with some important revelations.

"Inappropriate and despicable." The candidates, that is. 

8:00 PM Central District Time ...

Watching the 3000 line on the Nasdaq, and AAPL. 

"God bless Tiny Tim."--R.B.

Fear the truth, it shall set fundamental market forces free!

Uuuhh. Yesterday a heart attack and today Lights Out? Then again, markets went up seamlessly with no trigger and can thus slide the same way.

AAPL will need to come up with a helluva surprise mini iPad that does the cooking and bring the kids to school to turn around things overnight.

Spain situation still by far not settled enough to last without some real interventions / decisions.

Romney has stated several that he would fire Fed Chairman Ben Bernanke if he wins office. While this doesn’t represent the real shakeup that the Fed needs, it’s definitely a step in the right direction. The question is if the market is predicting this or something else is happening.

Overall, the acquisition of ANNB by FNB looks like a transaction that will create value for the acquirer’s shareholders, but it comes at a full price.

Toppling central banks is a messy business.