Monthly Archives: October 2010

This morning Lakshman Achuthan, Economic Cycle Research Institute, says at the end of October his leading indicator index is showing definitive evidence of a slow recovery but “no double dip recession any time soon.” Hopefully he is right. He notes … Continue reading →

Here is something people without wealth frequently miss: unlike the masses who are clamouring just to get a few dollars, those who have amassed a large chunk of their life savings already, have something to lose! There are just 10 … Continue reading →

The governor of Washington State thinks famed banking analyst Meredith Whitney is wrong. Responding to Whitney’s comment in late September that states resemble banks just before the financial crisis, Governor Christine Gregoire, a Democrat, said, “We’re in crisis mode. We … Continue reading →

Asset buying programs are the idea du jour as governments scramble to do something (“anything!”) to avert renewed weakness in the global economy. There seem to be no good choices in the near term, so governments are reaching for cosmetic … Continue reading →

Ms. Park was a guest yesterday on HoweStreet.com radio talking about recent market trends and the prospects for QE2. You can listen to the 18 minute segment here. Recommend on Facebook Tweet about it Print for later Tell a friend

Painful but excellent article by documentary film maker Charles Ferguson. Sadly he is dead-on in his criticism of Obama. Very disappointing to all of us who dared to believe there was still hope for change. Ferguson holds a B.A. in … Continue reading →

In his new documentary Inside Job, filmmaker Charles Ferguson spoke to some of the biggest names from Wall Street to Washington to academia to get a first hand account of what caused the 2008 financial meltdown and how the financial … Continue reading →

“Home prices are declining a little bit,” Shiller says. “It's a worry that the support we've seen [via the tax credit] is not continuing and we're going to resume the downtrend.” In his estimation, we are stuck in a liquidity … Continue reading →

“The corporate insiders running our country’s publicly traded companies have been heavily selling their stock, which some market pros say speaks volumes about the veracity of the current rally. The market has moved sharply higher since August 27, when Fed … Continue reading →

FDIC Chairman Sheila Bair delivers a keynote address on the issue of foreclosures and the future of housing finance at a joint Federal Reserve/FDIC conference in Arlington, Va: This moring the Case Shiller Index for August confirmed that Home Prices … Continue reading →

The annual Barrie Film Festival presented some great titles this past weekend, I was fortunate to catch three. The Tillman Story was a stand out. A brilliant documentary based on a riveting story in our recent past. Tillman is a … Continue reading →

The US dollar weakened further today against a basket of global currencies on speculation that the US government will pump out more rounds of QE in the weeks ahead as the global economy continues to falter. The US dollar appears … Continue reading →

BLOOMBERG GAME CHANGERS profiles Jonathan Stuart Leibowitz, now Jon Stewart, from his New Jersey boyhood through the standard struggle of the stand-up comedian – part time jobs and late night gigs at New York’s comedy clubs. It will shine a … Continue reading →

Aggressive budget cuts and steps toward austerity are sweeping the UK and Europe. So far North America has failed to follow suit on a federal level. On the local level however, US States and Municipalities are all in slash mode … Continue reading →

Having also left the sell side in 2003 (loathing it and feeling soiled by the experience) with my partner to found our independent buy-side firm focusing on risk management before returns, I resonate with what Fink reveals in this interview. … Continue reading →