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Cory's Chart Corner
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U.S 10 year is telling you everything you need to know...equities well, their starting to put the puzzle together... http://t.co/JYch3LOK 2 hours ago
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C$ breaks down through several support lines w/continued negative bias... http://t.co/R5qG28Hj 2 hours ago
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The Fiscal wall this way cometh...starting with the debt ceiling redux. http://t.co/GfAhRh9R 23 hours ago
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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
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
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
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
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
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
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
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
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
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
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
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
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
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
