Archive - 2012 - Blog entry

Better get the word out folks...

I’ve received a number of emails regarding the fact that stocks continue to rally despite Europe being on the verge of Collapse. Once again, investors are forgetting that stocks are the most clueless asset class on the planet.

Indeed, here are three reasons why this latest stock market rally isn’t to be trusted.

Dear Sheep, thank you for your compliance. Sincerely, Wolf.

There was good news yesterday for taxpayers, sort of:  the Federal Reserve turned $76.9 billion in 2011 profits over to the U.S. Treasury.  The not so good news is that it amounts to a meager 2.6% return on the Fed’s $2.9 trillion  portfolio. That may be better than George Soros and John Paulson did last year, but at what risk? 

The January numbers for Social Security provide a window to the future.

A big win for Google is the begining of a painful trend for MSFT. 

All you need to read.

Max Keiser and Stacy Herbert discuss the real reasons behind Hollywood's Anti-Piracy SOPA and how SOPA will infringe upon internet freedom.

The economic superstar, with unemployment at a 20-year low and exports at an all-time high, produces 34% of the Eurozone’s GDP—and it smacked into a wall.

Complex systems arise spontaneously, behave unpredictably, exhaust resources and collapse catastrophically.

“The next time they give you all that civic bullshit about voting, keep in mind that Hitler was elected in a full, free democratic election”--George Carlin

Ask many people lower on the socio-economic ladder what money is for, you frequently get in response “to buy things” -a mentality leading a circular lack of understanding -leading to a lack of money itself. Capital - or more simply, money - is a proxy for labor.

Au InfoPorn

All you need to know.

The bullishness is rather interesting considering the notable headwinds that exist in the European sovereign debt markets, the geopolitical risk seen in light sweet crude oil futures, and the potential for a recession to play out in Europe.