Category Archives: Main Page

For all those commentators who dive under the warm blanket of “decoupling” and “divergence” as reasons to keep hoping that stocks can do well in some countries while imploding in others.  Here are a couple of charts that rip off the covers to leave “long-always” thoughts naked and … Continue reading →

Risk markets were all lower overnight and early this morning. Then Central bankers led by the US Fed announced emergency intervention to help lower the swap costs for US dollars needed by the ECB for Euro banks. As with all … Continue reading →

Matt Taibbi of Rolling Stone discuss the remarkable decision by U.S. District Judge Jed Rakoff to reject a $285 million settlement between Citigroup and the Securities and Exchange Commission for misleading investors. Taibbi points out that banks take punitive settlements … Continue reading →