"More Empires Have Fallen Because Of Reckless Finances Than Invasion"

Posted by: George Washington

Post date: 02/09/2010 - 00:06

If Obama really were serious about restoring America’s economic health, he would demand military spending be slashed, quickly end the Iraq and Afghan wars and break up the nation’s giant Frankenbanks...

The Coming Pan-European Soverign Debt Crisis

Posted by: Reggie Middleton

Post date: 02/09/2010 - 05:12

The levered assets of the banks in many Euro-sovereign nations easily outstrip those nations' GDP's. So when the nations' banks get in trouble from bad banking practices (and a very large swath have), the nations themselves are helpless in attempting to truly save the banks (and instead only institute a bait and switch wherein private default risk/insolvency potential is swapped for public manifestations of the same).

The Alarm Bells are Ringing

Posted by: madhedgefundtrader

Post date: 02/09/2010 - 07:22

The rug may about to be pulled out from under the market. The onslaught of contradictory news coming out of Washington is wearing the market down. An exclusive interview with Andrew Horowitz of The Disciplined Investor.

Fixed Income Update: More Supply

Submitted by Tyler Durden on 10/26/2009 08:13 -0500

Submitted by Nic Lenoir of ICAP

We have a lot of fresh Treasury supply coming in this week. The last 30-Y auction put an end to a series off auctions that were coming in better than expected. However, as we had warned before that last long bond auction, the expected yield below 4% had the potential to trigger some retaliation by real money investors. Sure enoguh the scenario played out and since then yield have backed up towards 4.30%. Also as pointed out last week 3.50% on the 10Y is a relatively key psychological level.

On the 30-minute chart we see there is a fair bit of divergence, and we we have a clear reistance trend we are flirting with this morning, the lower part of the range 117-10/13 should be bought here in short term trading to play a retracement towards 118-13. Only a break there would potentially invalidate the downtrend we have been in.