(read the below in an exaggerated Australian accent, like that guy who took bubble baths with great white sharks and electric eels but for some strange reason died in a freak animal incident.) Krikey! This landscape is litrelly filled with Market Bears! But wait just a tick – there appear to be many different types…
$ES_F
Santa Claus Rally (reprise)
this post originally appeared on December 6th 2009 This post will be 99% anecdotal, 1% empirical, because I haven’t the time or energy to go dig up supporting data for what we all know: Most years, the market rips higher during the week between Christmas and New Year’s Eve and this one week run is…
Bespoke's 2010 Roundtable: The Outlook From Your Favorite Bloggers
The Bespoke Investment Group just posted a killer 2010 Roundtable, including the views of some of the best financial bloggers out there. I was honored to be included along with Eddy Elfenbein, Paul Kedrosky, Bill Luby, Michael Panzner, Mebane Faber, Charles Kirk and all the rest.
Hot Links: Obsolete
Late start this am, here’s what I’m reading: Stocks, Oil rockin and rollin ahead of today’s Fed non-decision. (Bloomberg) Killer post: 12 M&A Deals That Will Happen in 2010. (24/7WallStreet) Volcker‘s Banking Innovation is a Joke tour continues: Wake Up Gentlemen. (BaselineScenario) Bernanke named TIME Magazine’s Man of the Year. Barry is utterly speechless. (TBP)…
Anticlimactic.
Let me get this straight… Citigroup Raising Tens of Billions To Pay Back TARP! The Abu Dhabi Cavalry Rides to the Rescue to Bailout Dubai! Exxon Mobil Announces $41 Billion Buyout of Nat Gas Giant XTO Energy! and the S&P 500 is up (drumroll)….. 7 points. Dow up 32. Wake me up in January, the…
Hot Links: Berlusconi Punched, S&P Rejiggered, Drug Loot Bailed Out Banks
Stuff I’m Reading on Sunday Afternoon… Frank Rich: The George Clooney layoff movie (Up In The Air) is the perfect coda for a dark year. (NYT) Italian PM Berlusconi punched in the face like ten seconds ago by a protester. (Guardian) Big money in old skool kicks. The ’85 Air Jordans are worth thousands. (Forbes)…