Joshua M Brown

Memo: Changes at CNBC Following Comcast Merger

—–Original Message—– From: CNBC Corporate Communications [mailto: all] Sent: Thursday, December 03, 2009 7:32 AM To: All Subject: Exciting Synergy Opportunities With Comcast Greetings Gang, By now, I’m sure you’ve all heard that our parent company’s flirtation with Comcast has moved past the necking phase and we’ve now agreed to go all the way.  I…

Hot Links: In The Bunker

Stuff I’m Reading this Morning… The SEC hedge fund probe is going deeper.  (DealBook) Classic Crudele: What Bernanke should answer for in his hearing today.  (NYP) I’m making this one the post of the day: Carl Icahn talks activist investing with Robert Shiller‘s financial markets class at Yale.  (Greenbackd) Get yourself up to speed and…

Bank of America: "I Told Ya I Was Good For It"

What a way to make an exit! From DealBook: Bank of America said late Wednesday that it would repay its entire $45 billion in government bailout money before the end of the year…“We appreciate the critical role that the U.S. government played last fall in helping to stabilize financial markets, and we are pleased to…

Blogger Backlash to the Backlash Begins

Let’s say that you’re a market commentator or financial blogger… If earlier this year you predicted that unemployment would climb higher than 10% and that the market would be crushed, would you now be considered half-right or half-wrong by your followers?  Will you be rewarded for nailing the unemployment number or hated for keeping readers out…

Hot Links: The New King of Wall Street

Stuff I’m Reading this Morning… Ending second worst decade for US stocks in history, The Dow has lost 9.2% over the last 10 years.  (Bespoke) No stranger to scandal himself, Larry Kudlow has some advice for Tiger Woods.  (CNBC) BlackRock passes $3.2 trillion in assets, CEO Larry Fink is the new King of Wall Street. …

Market Rallies Without the Banks

Did you happen to notice that today’s triple digit rally happened without the banks? JPMorgan cut estimates on its peers in financialville and no one seemed to care. Here’s what some of the Money Center banks did on the day: Laggards in Price Performance (Intraday) SUNTRUST BANKS [sti] -1.82% T C F FINANCIAL CORP [tcb]…

The Biggest Market Call of the Decade

Yes, I’m about to give props to Goldman.  Deal with it. The single biggest, most profitable market call of the last decade was made in 2001 by economist Jim O’Neill, then working at none other than Goldman Sachs.  The call was made in Global Economics Paper #66 aka “Building Better Global Economic BRICs” and it…

Hot Links: Cramer Reverses on Trader Tax, Taleb in Exile & Flying Cars

Stuff I’m Reading this Morning… Stocks set to rip at the open as Dubai gets the rearview mirror treatment and China posts big data.  (Bloomberg) The Andrew Ross Sorkin op-ed on Dubai, A Financial Mirage in the Desert.  (NYT) Our economic consequences for being fat slobs.  (InvestingCaffiene) A guide to November’s stock buyback announcements, including…