Stuff I’m Reading this Morning… Abu Dhabi steps in with a $10 bil Dubai bailout, stocks rally around the world. (Bloomberg) The latest from Tall Paul Volcker, who’s come out of his shell finally. (TBP) Roubini sees the next bubble in the “barbarous metal” that is gold. (Clusterstock) and (LOLFed) 10 Investment Themes for 2010. …
Dubai
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…
Hot Links: Smart People, Natural Gas Glut & The Cupcake Bubble
Stuff I’m Reading this Morning… Bernanke on The Hill this Thursday. The Fed will fight back. (InvestingContrarian) Is there any truth to the monetary cycle theory? (CafeAmericain) “We have more natural gas than we know what to do with.” (Bloomberg) Paulson‘s old number 2 launched a fund that’s up 175%, what’s Paolo Pellegrini‘s outlook? (Clusterstock)…
Dubai World & Bear Stearns: Coal Mine Canaries?
Click Image to Embiggen! The meme going around now is that the Dubai debt thing is only the start of a wave of sovereign defaults, including Latvia and Greece, coming soon. While this could be the case, I actually see a lot more similarities between what the Bear Stearns blow up ultimately meant to the…
Dubai Default: Let's Get Ready to Crumble
UPDATE HERE: DUBAI AS COMMERCIAL RE CANARY IN THE COAL MINE Dubai’s sovereign debt is the disaster du jour, Europe already took a 3% hit yesterday while we were ODing on tryptophan and cranberry relish. We’re looking at a down 200+ open on the Dow as of this post (8am). I’m still getting acquainted with…
