Archive - Nov 9, 2012 - Blog entry

It won't be an accident.

We have just completed a series of videos detailing some of the risks posed to the financial system by the Federal Reserve as well as the European banking crisis. Every investor should see these. 

If you are going to call it a fiscal cliff, you had better have a picture to go with it...

Europe had wanted a rebound, tried to hold on, panicked, sold off, triggered stops – and recovered as the US, although not rebounding fast and furious, at least held the line. EGB running a little out of steam, although August levels were traded again in Bunds. Periphery eventually tracking Risk, but with no own dynamic. Need to see how things close tonight. No More.
"No More" (Bunds 1,34% -2; Spain 5,81% -3; Stoxx 2481% +0,1%; EUR 1,271)

Now that I've released my early Apple research and the collapsing stock cat's out the bag, I hear very, very few Margin Compression theory bashers. Crickets anyone? Let's dissect the near 25% drop and how I made the call.

What's Obama going to say?