Blogs

Reggie Middleton's picture

 

 The IMF has recently released the results of their staff consultations with Greece. Some may find
it interesting, particularly where it intersects with relevant
BoomBustBlog research. Let's not mince words here. Greece is going to
effectively default on its debt, one way or another, and it is probably
going to do it relatively soon. Shall we walk through the IMF findings
from LAST YEAR and how they are actually optimistic compared to the facts that my
team and I have dug up?

Chris Pavese's picture

A Cautionary Fable

Once upon a time, Western opinion leaders found themselves both impressed and frightened by the extraordinary growth rates achieved by a set of Eastern economies. Although those economies were still substantially poorer and smaller than those of the West, the speed with which they had transformed themselves from peasant societies into industrial powerhouses, their continuing ability to achieve growth rates several times higher than the advanced nations, and their increasing ability to challenge or even surpass American and European technology in certain areas seemed to call into question the dominance not only of Western power but of Western ideology...

Fibozachi's picture

Last week, one of our 3 bullish candidates, DNR, was the 2nd greatest gainer (+11.2%) across the S&P 500. For this week, our scans say energy complex up, consumer discretionary down. The energy patch, utilities included, appears primed to pump higher. Weekly charts with explicit trade setups ~ DELL, NKE, PCLN, F, BIG, HD, HAS, MAT, UNG, CNX, AES, FE, MFE & QID.

Leo Kolivakis's picture

The nation’s 10 largest public pension funds have paid private equity firms more than $17 billion in fees since 2000, according to a new analysis conducted for The New York Times, as the funds flocked to these so-called alternative investments in hopes of reaping market-beating returns. Unfortunately, most are still waiting for the big payoff - and shockingly, some are even doubling down on these investments.

Reggie Middleton's picture

Implied volatility for the big banks is down across the board, just about where it was before the system went into convulsions. This implies the coast is clear, as do the share prices of many banks.
Hard core forensic and fundamental analysis implies otherwise. So does the Fed's actions, which still incorporates ZIRP policy, as well as the waffling at FASB. We will either have smooth sailing from this point on out or there is a nasty surprise waiting (on and off balance sheet) for bank investors in the near future. I invite readers to weigh in with their opinions.