Archive - Feb 2013 - Blog entry
February 28th
Who’s to Blame?
Submitted by Bruce Krasting on 02/28/2013 19:51 -0500The cuts for the balance of the fiscal year come to $42b; an amount that is equivalent to 45 points on Apple’s market capitalization. Not a big deal??
Bulls Fail To Claim Records For Month End
Submitted by David Fry on 02/28/2013 19:11 -0500

Aided by QE and ZIRP, the-powers-that-be tried to end February with some bullish records designed to pump-up Main Street. Theoretically, if new market record highs were achieved this would then suck more money into financial products, as the WS marketing machine would be energized.
Noobs with Boobs
Submitted by Tim Knight from Slope of Hope on 02/28/2013 17:30 -0500Here are some snippets from an interview from New Yorker magazine with the queen of trading on the cusp, 16-year-old Rachel Fox (as in Stocks; it rhymes, get it?), the shoeshine girl of the modern age.
The Utter Fragility Of The Eurozone: Even Democracy Is A Threat
Submitted by testosteronepit on 02/28/2013 13:17 -0500From “I’m appalled that two clowns have won” in Italy to fear
Prehistoric Man Had Much Healthier Teeth and Gums than Modern Humans
Submitted by George Washington on 02/28/2013 12:16 -0500And Other Amazing Health News ...
This Rabbit Hutch Kills Fascists
Submitted by hedgeless_horseman on 02/28/2013 11:49 -0500No single drop of water ever believes it is responsible for the flood. I do know that it is incredibly satisfying to take action. What is the saying? Knowledge without action is insanity.
Sequester Fester, No Cliff
Submitted by Marc To Market on 02/28/2013 10:47 -0500A dispassionate discussion of the impact of the sequester and implications for investors. I look also look at how the dollar has performed since QE3+ was announced and it is not what many might have expected.
Europe: An Intermediate Forecast Analysis
Submitted by Reggie Middleton on 02/28/2013 09:50 -0500A successful entrepeneur's take on the European sitaution...
Jack Lew on Social Security - Dump It!
Submitted by Bruce Krasting on 02/28/2013 09:07 -0500Oh well, who cares about things in the past?
February 27th
Market Comments: Lots of Words, Little Meaning
Submitted by ilene on 02/27/2013 22:44 -0500If it doesn't go up, it might just go down.
Too BiG To FaiL DouCHe BaG...
Submitted by williambanzai7 on 02/27/2013 22:14 -0500Why Jamie Dimon is richer than you...
DaTa DuMPSTeR...
Submitted by williambanzai7 on 02/27/2013 21:15 -0500As you all knw, we cannot believe erverything we see or hear, can we? Now if you will excuse me I must be on my way.--Jimi Hendrix
Ben's Winning
Submitted by David Fry on 02/27/2013 19:54 -0500Bernanke gave more testimony on Wednesday emphasizing and defending all Fed policies. He successfully parried all questions about QE and ZIRP risks and made no mention of any policy exit dates. Bulls translation, the printing press will be on “auto” to infinity.
Interesting testimony tidbits were:
“Fed could go some time without sending profits to Treasury,” (Fed is allowed to be a deadbeat).
“Savers will benefit with economic recovery; savers won't get strong returns in a weak economy,” (So not in my lifetime?).
A Successful Taxpayer Revolt Against Bank Bailouts In the Eurozone
Submitted by testosteronepit on 02/27/2013 13:01 -0500Owners of bank debt were sacrificed
Nuclear Expert: “The Melted Core Cracked The Containment Vessel, There Really Is No Containment” At Fukushima Reactors
Submitted by George Washington on 02/27/2013 12:33 -0500Nuclear Cores and Spent Fuel Pools Have Both Lost Containment











