Archive - Dec 21, 2012 - Blog entry
Tom Lee Gets it Right For Once -- With a Little Help From His Friends
Submitted by CrownThomas on 12/21/2012 22:18 -0500So as you can see, if you're awful at your job, it helps to have friends to bail you out. And also friends in the "media" who will make sure to publish the results (if they're good)
21 Dec 2012 – “ Blue Christmas ” (The Dread Zeppelin, 2002)
Submitted by AVFMS on 12/21/2012 12:00 -0500Trailing the US, as not much else to do. EGBs firming up, but mostly because they‘re supposed to do so, as Equities end a little softer, because they have to, as well. Credit likewise. So no Risk highs under the Xmas three… All because of the US. Blue.
"Blue Christmas" (Bunds 1,38% -4; Spain 5,23% +1; Stoxx 2644 -0,6%; EUR 1,318 -40)
A Potentially Nasty Snapshot Of Risk Resulting In Another Trillion Of Taxpayer Funded Bank Bailouts - A Walkthrough
Submitted by Reggie Middleton on 12/21/2012 11:55 -0500- AIG
- Bank Run
- Bear Stearns
- Book Value
- CDS
- Commercial Paper
- Commercial Real Estate
- Comptroller of the Currency
- Counterparties
- Countrywide
- Covenants
- Credit Default Swaps
- Credit-Default Swaps
- Creditors
- default
- ETC
- Fail
- fixed
- Fractional Reserve Banking
- goldman sachs
- Goldman Sachs
- Greece
- headlines
- Investment Grade
- Lehman
- Lehman Brothers
- Mark To Market
- Merrill
- Merrill Lynch
- Morgan Stanley
- None
- notional value
- Office of the Comptroller of the Currency
- Private Equity
- Real estate
- recovery
- Sovereign Debt
- Stress Test
Bigger Tax Payer Bank Bailouts Cometh? If You Think Taxes Are Gonna Be Higher You Ain't Seen Nothing Yet! I welcome one and all to show me how it will not be so.
WiLLiaM BaNZaI TCHaiKoVSKi'S DeBT BoeHNeR'S SuiTe...
Submitted by williambanzai7 on 12/21/2012 11:34 -0500Time to crack some nuts...
Mayans Forecast Boehner Fail?
Submitted by Bruce Krasting on 12/21/2012 10:02 -0500Maybe the Mayans had it right all along…..
Treasury Selloff Exhaustion Has Reversed - Next Stop Month / Year End
Submitted by govttrader on 12/21/2012 09:57 -05002 days ago US Treasury 10yr yields were 10bps cheap vs stocks. Well, not anymore. US Treasuries now have both technical and cyclical forces on their side for the next 1-2 weeks. Let us explain how...
Ghost Exchange
Submitted by CalibratedConfidence on 12/21/2012 08:58 -0500It's no secret that high-frequency traders and those who employ bad or manipulative algorithms are swimming in pools of money. Most of these guys making complex statements for computers to follow aren't even financially inclined, most are physicists, aeronautics engineers, and quants looking to impose math upon the world instead of deriving it from the world. This form of trading has reversed the flow of finance. At one point the stocks that make up an ETF would move before the ETF. Now because of the speed at which computers can freeze the stock prices, calculate wh
Market Discovers Fiscal Cliff, Sends Dollar Higher
Submitted by Marc To Market on 12/21/2012 07:10 -0500
It had seemed that many participants were looking past the US fiscal cliff and were to be content taking on more risk. However, yesterday's late developments have provided a cold slap of reality. Our base scenario, under which the US does in fact go over the cliff appears more likely now that Speak Boehner's "Plan B" failed to draw sufficient Republican support to allow a vote. Indeed, there is some speculation that the failure of Boehner's gambit may see a leadership challenge right after the New Year.
The lack of a coherent Republican strategy has prompted a large unwind of risk-on and thin holiday market conditions may be exacerbating the price action. In the risk-off mode, the US dollar and yen have performed best. The dollar-bloc, which has generally lagged in recent days, remains under pressure.
