Lunch Links: JPMorgan's 2010 Target & Obama's Big Sellout

ALERT: Rolling Stone has actually published a negative article on Obama!  Taibbi‘s takedown (Obama’s Big Sellout) is the big story of the day.  (RollingStone) JPMorgan‘s S&P 500 target and outlook for 2010.  (MarketBeat) Takeaways from Fortune’s stock roundtable, with Ritholtz, Trennert etc.  (FundMyMutualFund) Brazil stocks on fire, 18 month high today.  (Bloomberg) There almost wasn’t…

November Retail Sales Up On Gasoline, Autos Not a Factor

Real quick, looks like we have a gain over October and a better-than-expected number overall for November Retail Sales.  And the “clunkers” were irrelevant… From CNNMoney: Retail sales jumped 1.3% in November, according to the Commerce Department, well more than the expected increase. Economists had expected retail sales to rise 0.6% from October, according to…

Greg Zuckerman on Paulson and the Gold Bubble Question

This morning I had the pleasure of attending a hedge fund industry event where the featured speaker was Gregory Zuckerman, the author of The Greatest Trade Ever. I was one of the few in the audience who had not yet read the book but a lot of what was discussed has already made it’s way into…

Hot Links: Top China Myths, Top Stocks for 2010, Top Fails of 2009

Stuff I’m Reading this Morning… FINALLY!  Bess Levin meets Steve Cohen!  The prophecy has been fulfilled.  (Dealbreaker) Top Ten China Myths of 2009.  (NewYorker) Twas The Night Before Earnings… (SharonMerrillAssociates) Raymond James‘ global research team picks the Best Stocks for 2010.  (MarketFolly) Another blogger gets the call:  Congrats to Mike at Rortybomb on his new…

1 Trillion in US Credit Card Debt

Financial infographs like this one are especially interesting when they give you perspective on a global basis. This piece takes a look at the credit card usage and outstanding debt of US consumers vs that of other countries… Click to Embiggen! Source: Derri_Hasmi

A Roundup of Crude Oil Predictions and Targets

Remember when the producers of Diff’rent Strokes decided that Arnold wasn’t cute enough anymore so they brought on the quintessential red-headed stepchild, Sam, to ratchet up the adorable factor?  Gary Coleman probably felt a lot like Crude Oil feels now that Gold has replaced it as the commodity speculators’ darling. Anyway, let’s take a look…