Archive - 2012 - Blog entry

Good luck with that

Bundesbank President Jens Weidmann: the favorite solution to the Greek crisis is legally impossible

And you a droned man!

There is going to be a pissing match between France and Switzerland over this story

Well, after the Great Disconnect last week, next to the Great Pumpkin, and Sandy, we had Election week and suddenly the great Wake-Up Call. Fiscal Cliff was suddenly all the rage and ramped up equities (disconnect) were beaten flat by bonds.

"Wake Up" (Bunds 1,34% -11; Spain 5,81% +17; Stoxx 2481 -2,4%; EUR 1,271 -130)

What the Heck Is Really Going On?

Regarding the demise of a General...

Get ready for a failure in these negotiations

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?