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Monthly Archives: February 2013
Domestic energy is a key step toward meaningful recovery in US fiscal health
I saw Zero Dark Thirty this week. It is very entertaining, but also reminds of the incredible financial cost the US has unnecessarily born in its stubborn dependence on foreign oil and hostile regimes. Time to wise up. “Manufacturing in … Continue reading
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Financials masking weak internals of the Canadian economy
Top line gains for the broad Canadian stock market over the past year have been driven by the financial sector as low rates have continued to drive yield-desperate capital into over-valued bank shares. Unfortunately as reflected in the chart update … Continue reading
Low volume churning and HFT desperately trying to attract fresh victims at cycle highs
Art Cashin, of UBS, discusses the “positive feedback loop,” where stocks go up for no apparent reason. Cashin says his frustration is that even though the markets have punched through key levels, people haven’t come in from the sidelines. Here … Continue reading
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