The carry trade has run wild. Watching the dollar train wreck. Get ready for chop inside a range. Copper has had it. Buy gold against the euro. The Ags look great, long term. The current federal fund rate is asking for trouble. A Hedge Fund Radio exclusive interview
Before I get started, I want all to realize that this is not Goldman bashing piece. I think it is a [relatively] well run company, but its PR machine appears to be from Kindergarten land, and the aura of invincibility that it enjoys(ed?) is highly undeserved, as a consequence its historical "aura-based" premium is absolutely unjustified. Case in point...
The financial crisis of 2007–2010 has been called the worst since the Great Depression of the 1930s. Many causes have been proposed, including one suggested by MIT economist Ricardo Caballero that foreign investment demand was a major contributor to America's monetary mess. So, are foreigners responsible for America's financial crisis?
As James Cameron's brainchild, Avatar, continues to light up the box office the world over, relentlessly charging towards a date with damn near every conceivable box office record imaginable, the Chinese government has (rather predictably) succumb to the specter of its symbolism and attempted to pull the plug on Avatar's unparalleled success. Good luck with that CFG ~ China Film Group; ask the RIAA how 'that' worked with N.W.A.
The quasi-communist / quasi-mercantilist nation's state-run movie distributor, China Film Group, has pulled the film of the year from 1,628 2-D screens in favor of a biography of the ancient philosopher Confucius.
I get a feeling that Buffett has been canonized into a value investor saint – investors and the media worship the ground he walks on and the air he breathes. The media are unable to get any critical quotes from his investors, and nobody wants to be caught disagreeing with the Oracle of Omaha – after all he’s been right more often than wrong – and so we only get positive puff pieces.
Felt like sprucing it up a bit so here's a snapshot of what my central 1-minute ES Workspace looks like on TS ~ TradeStation. A look at price action on the ESH10 and VIX across the: (1) NYSE (cumulative) TICK ; (2) TS bid / ask Matrix ; (3) Fibozachi Inflection Bands™ ~ FIBs ; (4) Candlestick X-Ray™ ; (5) Elite Oscillator™
Ever wonder why you suck at investing / trading / poker ? Ever wonder why your fleeting relationships / government / humanity continue to repeat the same mistakes over and over again, in a humourous refusal to heed Rita Mae Brown's "The definition of insanity is...," ? Iain McGilchrist's "The Master and his Emissary" doesn't solve today's mortgage meltdown, currency crisis, cyber wars, regulatory capture or dearth of leadership (and certainly won't help you 'breed a unicorn that defecates Kruggerands'), but it does provide an actionable blueprint for how not to repeat them (ever again).
Pretend for a moment that the US $dollar is no longer useful. With what could we settle transactions? For fun, let’s assume for a moment that we want to try something different. What about a basket of stocks and bonds? Holding a share of all future profits from those may be the best we mere mortals can do.
President Obama seems to be tone deaf and his State of the Union address was revealing. His rambling speech continued his theme of Big State control on the one hand yet preaching bipartisanship and fiscal responsibility on the other. This administration and the Democratic leadership is marching us toward European-style welfare socialism and seem incapable of compromise.
Is Google Inc. (NASDAQ:GOOG) a Buy, Hold or Sell? Not knowing what kind of performance you’re paying for makes it challenging to answer. It would be just like asking, do I take the over/under in the Super Bowl without knowing the over/under line.