Contributing Editors' Blog Entries
Sell Nat Gas Producers and Buy UNG.
Submitted by scriabinop23 on 09/16/2009 - 00:10 Nat Gas Buy a contango and high cost-of-carry burdened asset versus a stream of perpetual earnings? What planet am I from?
On Wizards and Wise Men
Submitted by Leo Kolivakis on 09/15/2009 - 21:31 But the wizards of Wall Street remain undeterred. They will come up with new ways to model all risks, including systemic risk. Will the consuming public be fooled by their chicanery? I don't know about the consuming public, but I guarantee you that the pension parrots will be fooled by their chicanery.Fired Up? Ready to Go?
Submitted by Leo Kolivakis on 09/14/2009 - 23:32 A year after Lehman collapsed, what have they learned on Wall Street? Absolutely nothing. That's pretty much what I see on Wall Street and at the large "sophisticated" Canadian public pension funds. Behind the rhetoric, it's business as usual. Who needs risk management when the markets are on fire and you're looking to shoot the lights out?
You Can't Do Good and Do Well on Wall St.
Submitted by Bruce Krasting on 09/14/2009 - 18:21 The President asked the banks to do 'good'in his speech today. That isn't going to work. An old story of a bad deal.
Does gold already price in the future inflation that may or may not happen?
Submitted by Vitaliy Katsenelson on 09/14/2009 - 14:31 Inflation is a possible but not a guaranteed outcome of what is taking place in the economy today. Deflation or a muddle-through economy with very low nominal growth are possible and probable outcomes.
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 09/14/2009 - 08:01 Project Mayhem reviews the most important financial and geopolitical news of the past week and takes a look at the week ahead.SSTF - What to do? The Funds Thinking
Submitted by Bruce Krasting on 09/14/2009 - 07:25 The SSTF pointed me to their web site. They provide information regarding the range of alternatives available to "fix" the problem. In my view they have come up with nothing that will work.
David Rosenberg: This Is Your Last Chance
Submitted by thetechnicaltake on 09/14/2009 - 07:23 David Rosenberg Rosenberg The growing divergence between lower 10 year Treasury yields and higher equity prices continues.
Why Has Natural Gas Spiked 60% Since Labor Day?
Submitted by asiablues on 09/13/2009 - 16:37 Natural Gas Natural gas price has spiked almost 60 % since Labor Day and prompted investors to believe a V-shape recovery might be near for the brutally battered U.S. natural gas market. However, don’t break out the champagne just yet until you learn more about two of the major factors driving this latest spike, Operation Flow Orders, and the trader's perspective.
Corus Bank: First To Fail Without Delinquencies?
Submitted by bmoreland on 09/13/2009 - 13:48 Corus Fail As you have all read by now, Corus Bancshares went belly up on Friday adding yet another failed institution to the growing hall of shame. What makes Corus unique, however, is that they may have been the first failure with little to no delinquencies in their major loan portfolios.Investor Sentiment: Bullish Fodder
Submitted by thetechnicaltake on 09/13/2009 - 12:49 Investor Sentiment I still think the best course of action is not to fight the tape, and of course, don't become fodder for the bulls.More Bubble Trouble?
Submitted by Leo Kolivakis on 09/12/2009 - 09:56 The banking/ hedge fund/ private equity/ commercial real estate bubble is the Mother of All bubbles, but this is endemic to a culture that promotes excessive risk taking and rewards it with excessive compensation.What’s Your Home Worth?
Submitted by Bruce Krasting on 09/12/2009 - 09:31 The stock market values companies based on earnings. Residential real estate is no different these days. So what's your home worth? Based on this simple calculation it may be lower than you think.