Monthly Archives: December 2011

Yo-Yo stock markets lack conviction

Hiking in a very sunny Grand Canyon today. Breathtaking and always humbling to be reminded of how small and inconsequential we humans are. Found some internet access at lunch. Stocks are generally higher today on two-guys-trading volume–nowhere near recovering what … Continue reading

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Year end antics add to market noise

Every year, as Dec. 31 approaches, money managers dump their losers so they don’t have to show tainted holdings in their annual reports. Here is a direct link. Recommend on Facebook Tweet about it Print for later Tell a friend

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Dear Jamie Dimon

Josh Brown takes the time to enlighten the hopelessly obtuse in an open letter to banker Jamie Dimon (and his ilk): Dear Jamie Dimon, I hope this note finds you well. I am writing to profess my utter disbelief at … Continue reading

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Danielle’s weekly market update with Talk Digital Network

Danielle spoke to Phil Mackesy of Talk Digital Network today discussing recent developments in the global economy and world markets. You can listen to the audio clip here. Recommend on Facebook Tweet about it Print for later Tell a friend

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Santa Claus rally to fade

Barry Ritholtz, chief executive officer at FusionIQ, talks about the U.S. financial industry, the gold market and the outlook for stocks and housing. He speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday.” Here is the direct link. Recommend on … Continue reading

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More easing and liquidity in China likely to make economy worse

Ben Simpfendorfer, Managing Director at Silk Road Associates says further monetary easing in China will worsen the country’s economic imbalances. The direct link to the clip is here. Recommend on Facebook Tweet about it Print for later Tell a friend

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Focus on the math to solve funding problems

Rhode Island is trying to boost its finances and fend off downgrades as it passes a broad reform of its pension system, with Gina Raimondo, Rhode Island general treasurer. The way to solve fiscal problems is to leave politics aside, … Continue reading

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Short-covering-santa-rally–lumps of coal likely to follow

Today stock markets are springing back on low volume from a streak of losses in December and year to date. Big bursts of headline-hope is a recurring feature of on-going bear markets. Today there is another wave of relief inspired … Continue reading

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More cause for pause

Two charts worth noting today. One courtesy of John Williams via John Hussman showing the dramatic decline in the hard-to-fudge totals for Federal Withholding Tax deposits over the past six months.  Whereas payroll earnings numbers have improved over the past … Continue reading

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Repulsive, but sadly accurate

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60 Minutes on cleaning up abandoned homes

Here is one way to clear out the excess housing supply. Across America, recession-fueled foreclosures and plummeting home values have left countless properties abandoned and vulnerable to looting. As Scott Pelley reports, the problem has gotten so bad in Cleveland, … Continue reading

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US: “cleanest dirty shirt” keeping yields low

U.S. politics putting downward pressure on yields, says Jim Bianco, President of Bianco Research.  Watch the clip here. Recommend on Facebook Tweet about it Print for later Tell a friend

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Present of the year

We bought ourselves an amazing Christmas present this year.  It is a Life Cycle Elliptical Cross-Trainer powered completely by human movement. You can place these energy-efficient cross-trainers anywhere, with no electrical cords or outlets to consider. Life Cycle has had … Continue reading

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The coming collapse of China

Waves of civil unrest and protest are growing in China today, as in so many other parts of the world. Apparently Chinese people too are fed up with corruption and theft by some elites at the expense of the masses. … Continue reading

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Danielle’s weekly market update with Talk Digital Network

Danielle spoke to Phil Mackesy of Talk Digital Network today discussing recent developments in the global economy and world markets. You can listen to the audio clip here. Recommend on Facebook Tweet about it Print for later Tell a friend

Posted in Main Page | 2 Comments