CrownThomas's blog

Beck gives the government until tomorrow to come clean, or supposedly he will.

Bernankeism must be obliterated.

Here is a bit of sanity for everyone on this Sunday afternoon

The smart folks are telling everyone to risk everything & jump on board the volumeless, momentum driven equity elevator and ignore those annoying doom & gloom blogs. 

As we all know, it helps to have friends in high places. To most of us, that means we know the bartender on Friday night so we can get served quicker than the next guy drowning his weekly sorrows. To others, however...

How are companies taking advantage of these low rates? They certainly aren't borrowing in order to invest in the future.

Before everyone gets too excited about the "great rotation" that still remains a ghost, keep in mind that the entire curve is still >1 standard deviation below its historical mean

As everyone gets caught up in the euphoria of an ever rising S&P, remember that once upon a time, in a land far, far away, the economy was driven by goods produced and services provided instead of the amount of excess reserves banks can use to bid up market prices with.

Maybe our man Kevin just got pissed off that he has to re-use his starbuck's cup & stopped working for the past few days.

So as you can see, if you're awful at your job, it helps to have friends to bail you out. And also friends in the "media" who will make sure to publish the results (if they're good)

"Microsoft in 2000 was an unsustainable bubble, whereas Apple today looks much more solidly valued" - Felix Salmon 9/17/12

"the one thing that actually works, you know, state run communism may not be your cup of tea, but their government works. They have five-year plans"

"it then dawned on me that all the improvements in the conditions of the working classes were the result of capitalism. social laws brought about the very opposite of what the legislation was intended to achieve"

"The problem is, if they think they're not doing anything that's wrong, they don't get to define that. The central government does."

As we hear more and more pundits talk about the soaring consumer confidence, the "recovery", and how the fundamentals are improving, keep in mind that retail investors are still not in equities