Submitted by ilene on 06/01/2011 - 20:50
That's what makes oil trading so much fun - it's all based on factors that are out of our control and half a World away, so the speculators have dozens of tools available to them to manipulate the market.
Submitted by Phoenix Capital... on 06/01/2011 - 16:18
Last month I warned that the Fed would LOVE to see another round of deflation so it could set the stage for more money printing in the second half of this year. My long-term forecast remains the same (serious inflation accompanied by a US debt default), however, it’s now clear that we’re heading into another round of deflation in a BIG way.
Submitted by Econophile on 06/01/2011 - 16:02Case-Shiller
Are housing prices in free-fall? Are they stuck in some endless feedback loop whereby foreclosures drive down prices which causes more home owners to be under water which causes more defaults and drives down prices further, and ...
Submitted by madhedgefundtrader on 06/01/2011 - 14:48
The S&P 500 will go no higher that 1430 by 2020, a mere 90 points higher than it is today. The current multiple normalized over the past ten years is 23, making the market outrageously expensive. The historic average is only 14. We are only 17 months into a second lost decade for the stock market.
Submitted by Phoenix Capital... on 06/01/2011 - 13:45
I find it odd (to say the least) that anyone on the planet even considers paying attention to the Fed’s CPI measure. According to CPI inflation has only risen 3.2% in the last 12 months. This is during a period in which gas rose 33% while ground beef, cheese, and vegetables are all up in the double digits as well. Heck, even RENT rates have jumped in the last year. But somehow because housing prices and iPads have fallen in price… inflation is under control.
Submitted by Reggie Middleton on 06/01/2011 - 12:38
This is, by far, the best time I've ever witnessed to be a consumer of mobile computing technology. Alas, this is going to be the worst of times for those companies that come in any where under 2nd place in the Mobile Computing Wars - including some pretty big names... RIM, NOK, MSFT? INTC?
Submitted by George Washington on 06/01/2011 - 11:52
Grains are probably going up, leading to higher liquor prices ... and wealthy people who have a taste for sake or shochu would probably pay top dollar for "clean", pre-Fukushima beverages ...
Submitted by Reggie Middleton on 06/01/2011 - 08:58Reggie Middleton
Banks, balance sheets, guaranteed crashes, and why no one ever asks who's going to backstop all of the sovereign debt CDS being written out there...
Submitted by Smart Money Europe on 06/01/2011 - 07:54
Markets around the world are still creeping higher, while economic fundamentals are crumbling everywhere. And there are more signs on the horizon that things about to make a change for the worse: collapsing cattle prices!