Archive - Feb 2013 - Blog entry

February 28th

Bruce Krasting's picture

Who’s to Blame?





The 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??

 

David Fry's picture

Bulls Fail To Claim Records For Month End





 

openingimage

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.

 

 

Tim Knight from Slope of Hope's picture

Noobs with Boobs





Here 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. 

 

testosteronepit's picture

The Utter Fragility Of The Eurozone: Even Democracy Is A Threat





From “I’m appalled that two clowns have won” in Italy to fear

 

hedgeless_horseman's picture

This Rabbit Hutch Kills Fascists





No 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.

 

Marc To Market's picture

Sequester Fester, No Cliff





A 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.

 

Bruce Krasting's picture

Jack Lew on Social Security - Dump It!





Oh well, who cares about things in the past?

 

February 27th

ilene's picture

Market Comments: Lots of Words, Little Meaning





If it doesn't go up, it might just go down. 

 

williambanzai7's picture

Too BiG To FaiL DouCHe BaG...





Why Jamie Dimon is richer than you...

 

williambanzai7's picture

DaTa DuMPSTeR...





As 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

 

David Fry's picture

Ben's Winning





Bernanke 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?).

 

 

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