Contributing Editors' Blog Entries
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 10/13/2009 - 09:10 Project Mayhem reviews the most important financial and geopolitical news of the past week and takes a look at the week ahead.
The sell side is pushing with all of their might to inflate the market...
Submitted by Reggie Middleton on 10/13/2009 - 04:34Will the SEC "Do the Right Thing"? The Flim Flam Scam FINALLY Gets Hit with a Fact Finding Inquiry
Submitted by Reggie Middleton on 10/13/2009 - 04:22 It appears as if the guys from the SEC that read my blog are contemplating doing the right thing. They have actually looked into the company which I have nicknamed the "Flim Flam Scam" (my opinion only, but I feel it is aptly coined of course) after many years of flim flamming and... (you can guess the rest)
More Risk? More Complexity?
Submitted by Leo Kolivakis on 10/12/2009 - 21:34 More risk? More complexity? What are investors and trustees to do? Let me share some comments with you. The financial engineers are working hard to "tame risk" but in my experience when everyone is rushing to play the same game, they all knowingly (or inadvertently) add to systemic risk.
Government Leaders Said Bailouts Were Needed Because "The House Next Door Was Burning Down" . . . Were They Right?
Submitted by George Washington on 10/12/2009 - 18:21 We Wouldn't Want Anyone to Get Hurt, Now Would We?
Will We Have a Decade(s) Long Deflation Like Japan?
Submitted by Econophile on 10/12/2009 - 14:16 Japan Since we are already in a deflation, the argument over inflation or deflation is moot. The real question is: how long will we remain in a deflation? And, if deflation ends, will we then see inflation, hyperinflation, or real growth? Many deflationists assume that since we are following the Japanese path that we will have the same economic results as Japan. That is, a stagnant economy with generally falling prices as has been seen for the last 19 years in Japan. While it depends mostly on what the government's responses will be, our experience will more likely be stagnation with long-term...The REAL Battle Over America's Banking System
Submitted by George Washington on 10/12/2009 - 13:44 Think you know what aspects of America's banking system need to be changed? Are you sure you're not missing anything?
BofA/BONY Versus AIG – No Winners
Submitted by Bruce Krasting on 10/11/2009 - 22:50 AIG A California Court case is headed for a resolution. It looks like AIG is the loser. But that means the taxpayers will suffer. If the case is overturned then the taxpayers will suffer. Another no win situation for the folks writing the checks.
What’s Next for Natural Gas?
Submitted by asiablues on 10/11/2009 - 18:30 Natural Gas On Sept. 4, the NYMEX October futures contract for natural gas closed at $2.73/mmbtu, a 7-year low, as the ratio of oil to natural gas prices ballooned to 25-to-1, compared to its energy conversion ratio of 6-to-1. Now, just one month later, natural gas has rebounded 75% to close at $4.77/mmbtu for NYMEX November delivery last Friday on record high levels of natural gas in storage, leaving investors to wonder if prices have bottomed out and it's time to jump back into the market, or if the sector is dead.Congresswoman Kaptur: There Has Been a Financial Coup D'Etat
Submitted by George Washington on 10/11/2009 - 12:59 Kaptur There's been a coup.The Squeeze on Pensions?
Submitted by Leo Kolivakis on 10/11/2009 - 10:25 The global pension crisis is a major concern. The uptrend in equities in Q3 boosted pension returns in Canada and elsewhere, but this will do little to address long-term concerns on the sustainability of pensions. After losing 31% in their last fiscal year, Ohio fund's annual report detailed how long it would now take for its investments to put the fund back on track. Officials simply said: "Infinity."
Investor Sentiment: I Am Changing My Tune
Submitted by thetechnicaltake on 10/11/2009 - 09:23 Investor Sentiment I want to state that equities are for renting not owning at this juncture.