Its that time of year again… As we speak, your neighborhood freak is busy shoving rusty screws into the Milky Way bars, teen boys are stocking up on eggs and toilet paper and teen girls are shopping for either a slutty nurse, slutty devil, slutty maid, or slutty marketing executive costume. That’s right! Halloween is…
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Bernanke's Blizzard of Bucks
Oh the weather outside is frightful But recovery’s delightful And since we’ve no jobs to go Let it snow, let it snow, let it snow Cartoon Source: Cagle.com
Seven Things You Should Know 10/16/2009
Seven Things You Should Know October 16th 2009 1. JPMorgan favors emerging markets: Emerging economies are exiting the crisis relatively unscathed and with improved economic, financial, and fiscal positions versus developed economies. This means medium-term outperformance of their equities, currencies, and credit. With much of the EM growth impetus emanating from commodity-hungry China, this should…
Galleon Hedge Fund Taking On Water
Much like the Spanish galleons of old, which sailed back to the motherland laden with the ill-gotten riches plundered from the Americas, the Galleon Group of hedge funds was nailed today for insider trading. I’ve only skimmed the indictment, but what caught my eye was the paying off of newsire service employees for an early…
Droppin' Knowledge: Fadel Gheit on Oil & Gas
Now that oil prices have joined the party, I thought I’d share some of Fadel Gheit’s thoughts on the energy sector. Gheit covers oil for Oppenheimer and was ranked #3 on the list of Forbes‘ Best Brokerage Analysts for 2009. He spoke to The Energy Report last week about the energy markets: On the discrepancy between…
Peekaboo Crude! We See You!
Uh oh! Look who just showed up at the party! November crude breaking out into jiggy territory…hope you enjoyed those $2 and change gas prices at the pump this summer!
Recession Tales from the Heartland: The Coat Riot
God bless the Associated Press for not letting this gem slip through their fingers: By MEGHAN BARR, Associated Press Writer Meghan Barr, Associated Press Writer – Wed Oct 14, 9:09 pm ET COLUMBUS, Ohio – A woman being driven around in a rented limousine pulled up at a coat store and announced she’d won the lottery and would pay…
A Different Take on Dow 10k from Eric Bolling
On the heels of my somewhat less-than-enthusiastic take on how the Dow crossed the 10,000 mark, I got a comment from one of my fave anchors Eric Bolling, the renowned trader and co-anchor of FOX Business Happy Hour: How’d Dey Do Dat? Well… when you are a bank and have access to free money via the Fed…
Keeping It Real: Dow Broke 10k Because IBM Didn't Split Too Often
All of my fellow bloggers are gonna do their Dow 10k pieces today, so I may as well join the cacophony… I’ve learned two important lessons from the thousands of hours of Hip Hop music I’ve consumed… 1. “Kings lose crowns but teachers stay intelligent” – KRS-One 2. Always “keep it real” – Various Artists…
Dow 10,000: Do We Dare?
I don’t have anything to add at this point.