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. …
Larry Kudlow
They Won't Have Ken Lewis To Kick Around Anymore
The big breaking news this evening is the resignation of Bank of America‘s embattled CEO Ken Lewis (damn, I’ve had to type the phrase “embattled CEO” a lot this year) which will take effect on January 1st. There was plenty of speculation that this would happen as investigations into the Merrill acquisition scandal began to…
Breakfast Links: SAC, Teenagers & Buy and Hold
Stuff I’m Reading this Morning… Larry Kudlow hosted a debate between Prof Jeremy Siegel and Barry Ritholtz about Buy and Hold. (TBP) Securitizing Teens? Someone with too much free time discusses paying teachers based on the earnings of their former students. (Freakonomics) Calpers no likey the ratings agencies! (NYT) Peter Barnes of Fox Business and…
Alternate Realities: GOP or Dem Markets
Which of our two major political parties would be a better steward of our capital markets and financial system if left unchecked by the other party? I think either way, the result would be pretty scary. The Republicans never met a business they didn’t want to deregulate and the Democrats never met an underprivileged constituent…
Hot Links: Doug Kass, DinoTrader & Jamie Dimon
Hot Links for Weekend Reading: Earlier this week, in print and on Kudlow & Co, Doug Kass of Seabreeze Partners emphasized that he felt the market was printing a significant bottom at these levels. Regular readers of TRB know that Kass is my fave pundit/ commentator and his bottoming call is an important one. It’s…
Top 10 ETFs They Haven't Created Yet
With over 400 Exchange Traded Funds (ETF’s) on the market right now and new ones being issued each week, it would seem that we could be reaching the point of ETF overload. That said, it would be tough to say that we have too many ETF’s until we get to the point that we start seeing products like the ones listed below…
