Contributing Editors' Blog Entries
Senator Dodd has Introduced a Sweeping Financial Reform Bill. Please Help Me Figure Out If Its Good or Bad, and What Its Missing
Submitted by George Washington on 11/10/2009 - 14:51 Is this bill good or bad? What's it missing?
Seattle FHLB - Toast
Submitted by Bruce Krasting on 11/10/2009 - 11:02 This from the FHFA. The private sector financial institutions nearly killed us. The public sector lenders might just finish the job.
Keeping an Eye on Inflation Expectations?
Submitted by Leo Kolivakis on 11/10/2009 - 00:52 For clues on inflation expectations in this carry-trade-crazed market, Tuesday’s auction of some $25 billion in 10-year treasury notes is something to pay attention to.
The Investment Case for Zimbabwe & Other Links
Submitted by inoculatedinvestor on 11/09/2009 - 23:32 Disclaimer: The following set of links and associated cynical commentary touches on mature subjects and may not be suitable for some investors. Topics covered include: hyperinflation, sovereign default and yes, even investing in Zimbabwe.Don't Blame Capitalism for Wall Street's Corruption and Lawlessness
Submitted by George Washington on 11/09/2009 - 14:02 Corruption Should we throw out capitalism altogether? Or would that be throwing out the baby with the bathwater?
You've Been Bamboozled, Hoodwinked and Lied To! Here's the Proof. What Are You Going to Do About It?
Submitted by Reggie Middleton on 11/09/2009 - 07:44 Yes, you've been Bamboozled! Hoodwinked! You're being taken for suckers that not only can't count, but whose memories have been washed away by threats of swine flu and reality TV shows. Do not fret, though. What I have is PROOF of the great Banking Bamboozle, for all to see. Now, armed with this proof, all I need for you is to go out and do something about it.
Good morning, worker drones: This Week In Mayhem
Submitted by Project Mayhem on 11/09/2009 - 05:54 Upgraded Failflu v2.0 spreads in Ukraine, Americans too stupid to buy a gold Maple for $50, windbag Chavez prepares for war against Columbia, Pelosi's health insurance bailout includes jail terms for Americans, Damon Vickers claims US Dollar Will be Utterly Destroyed
Four Basic Qualities of Great Technical Indicators & The "Stochastics Default Club"
Submitted by Fibozachi on 11/09/2009 - 02:51 default Stochastics Default Club Technical Indicators ... the 'fixed period drop-off effect,' the differences between moving average methodologies, the true nature of the term “fractal” as applied to the structural composition of trading systems, the 'four basic qualities of great technical indicators' and a practical nuance within stochastic calculus that can help you anticipate what others are about to think.Big Bankers Say They're Doing God's Work ... Are They Right?
Submitted by George Washington on 11/09/2009 - 00:38 The head of Goldman Sachs literally said he's doing "God's work" with his banking activities. The head of Barclays also recently told his congregation that banking as practiced by his company was not antithetical to Christian principles. Are they right? Is big banking as practiced by the giant banks in harmony with Christian principles?One Reason that the Stock Market is Rising While Unemployment is Soaring
Submitted by George Washington on 11/08/2009 - 23:40 Unemployment In addition to PPT or other gaming of the stock market, here is another reason it can go up while jobs are crashing downward ...
Investor Sentiment: Changes Within The Indicators
Submitted by thetechnicaltake on 11/08/2009 - 11:25 Investor Sentiment The changes within the indicators are noteworthy, but there is still nothing noteworthy regarding the indicators.Fed Herding Investors to the Slaughter?
Submitted by Leo Kolivakis on 11/08/2009 - 10:27 “The real question investors need to ask themselves is this: if we truly are in the middle of a Fed-induced liquidity rally where the fundamentals simply don’t matter, do you buy now or wait it out for the inevitable bust?”Citigroup is ALREADY Being Broken Up ... But Not Enough
Submitted by George Washington on 11/08/2009 - 01:28 Citigroup "Simon Johnson, an MIT professor and former chief economist at the International Monetary Fund, reckons there should be caps of roughly $100 billion on the assets of financial institutions and "serious criminal consequences" if firms are caught trying to get around such limits."
Mises: The Man Who Predicted the Depression
Submitted by Econophile on 11/07/2009 - 15:03 I've been meaning to write a piece on Ludwig von Mises, the greatest economist who ever lived, and, if you will, a hero of mine. This is a piece on Mises from the Op-Ed page of the Wall Street Journal by Mark Spitznagel. Spitznagel is the head of Universa Investments and is a protege and partner of Nassim Taleb of Black Swan fame. Those of you who have been following my blog know of my admiration of Mr. Taleb. He and Mr. Spitznagel were also "right," and Universa made a lot of money for their investors from our economic crisis.