Joshua M Brown

about that wall of cash on the sidelines…

It’s the shock of the century! Helicopter Ben drops rates to a semi-permanent zero percent and people decide that saving is pointless! Whodathunkit? They then pull cash out of money markets and fling it at anything doing business in China or promising a decent bond yield.

Holiday Shopping Dead Today

Roosevelt Field, one of Long Island’s biggest shopping malls, was a ghost town today.  The streets and parking lots around it were barely plowed and the people were clearly staying away. I was only there to take care of business at the Apple Store, which in Roosevelt Field has just moved into a ginormous space,…

About That Climate Change/ Health Care Sideshow…

As I have repeatedly said, the President’s biggest misstep has been his pursuit of climate change policy and health care reform ahead of financial stability and banking reform.  Everything that was broken when he was elected is still broken, millions more have no jobs to go to and yet Obama and friends are still dicking…

Super Saturday Storm, Billions on the Line for Retailers

Today is what’s known as Super Saturday, the day when your friends who weren’t going to buy you anything for Christmas wake up in the morning, feel guilty and rush out to grab you a last minute gift. According to the Wall Street Journal, this is a big day for retailers with about $15 billion…

The New Gameplan?

Is this the gameplan, then? “Dollar Bulls, you guys get to win Tuesdays and Thursdays, we will announce something nasty out of the Eurozone before the NY markets open on those days. Dollar Bears and Investors, y’all need to be patient and wait for Mondays, Wednesdays and alternating Fridays.  On those days, we’ll throw you…

The Fox Biz Holiday Card

The media relations team at Fox Business Network sent me quite the Chrismas card.  It appears that the young network has inherited the super-competitive gene from it’s brother network Fox News.

Checking in on the Trannies

No, not those trannies!  Get your mind out of the gutter! Today we’re going to look at the Dow Jones Transportation Average and talk about why it matters. I must confess that I frequently lose track of what’s happening with the Transports or “Trannies” from time to time, but when we see new 52 week…