Hold your hate mail Goldbugs…I don’t make predictions here on anything, nor do I particularly care which way the price goes today or tomorrow. The recent sell-off in the yellow metal has brought out a ton of bearish sentiment this week, some of which I’ll post here… First up, Doug Kass has a gold call…
Nouriel Roubini
Hot Links: Greenblatt, Krugman, Roubini & Livermore
Stuff I’m Reading this Morning… What’s all the hubub about with Roubini‘s carry trade prediction from this weekend? (Clusterstock) To hedge a portfolio, diversify or hold cash? Great post. (AbnormalReturns) Love this stuff – 7 Lessons from trading legend Jesse Livermore. (Minyanville) The best and worst stock reactions from this earnings season. (Bespoke) The Bears…
Hot Links: Jim Chanos, Steven Seagal & the Zombie ETFs
Stuff I’m Reading this Morning… Abnormal Returns covers the concept of Zombie ETFs…a new development for this industry. (AbnormalReturns) Ain’t no party like a RothCap party ’cause a RothCap party don’t stop. (NYP) Not all bailout CEOs are created equal: Benmosche (AIG) vs Pandit (Citi). (BreakoutPerformance) The league tables for inflation rates throughout history…cool. (InfectiousGreed)…
Hot Links: Roubini Backlash & The Battle of the Books
Stuff I’m Reading this Morning… Is the Nouriel Roubini Backlash underway? If so, then Damien Hoffman has just fired the opening salvo. (WSCheatSheet) The battle of the books: Google blocked by Yahoo, Amazon and Microsoft consortium. (DealBook) Rolfe takes issue with the Buffett op-ed from this week. (Reuters) Goldman Sachs getting serious about it’s image,…
Breakfast Links: Post-Apocalyptic Disney
Stuff I’m Reading this Morning… JPMorgan almost bought Morgan Stanley at Paulson‘s request during the crisis. (DealBook) SIA: 2nd quarter chip sales up 17% sequentially, 4 months of gains in a row. (WSJ) Commercial RE loans blowing up faster than you thought. (Clusterstock) Nouriel Roubini goes bullish on commodities. (ResearchReloaded) A Swissman (is that a…
Breakfast Links: Pinning Down Roubini
Stuff I’m Reading this Morning… OMG, some my fave links of the month so far today! Blankfein to Goldman employees: “Please refrain from wearing your crowns outside of the office”. (New Yorker) The recession is now screwing with the British pub business, time for us to get serious. (USA Today) Just try pinning down Nouriel…
Market Recap: The Banks!!!
[youtube=http://www.youtube.com/watch?v=5Mum6ggkBJs&feature=related] The Reformed Broker, AKA Nouriel Houdini, here with today’s Market Recap… The news hit this morning that Bank of America (BAC) needs another $35 billion to remain solvent…so how did the market react? We took the money center banks through the f@ckin’ roof! Here’s the 3 o’clock look at the sector: Industry Top Performers…
TGIF Market Recap: Impossible Rally Continues
[youtube=http://www.youtube.com/watch?v=2YFkcwtpGZo] The Reformed Broker, AKA Colonel Mustard, here with today’s Market Recap… Ford beat their numbers today, the sun was shining here in Manhattan, ummmm I don’t know. I’m trying to come up with reasons for why the Dow was up triple digits all day, but I guess sometimes, there are no answers. Shortie spent…
Hot Links: Icahn, Roubini, Sir Allen & Blockbuster
Hot Links for Weekend Reading It’s about time the Kaiser of Korporate Governance weighed in on the lack of accountability on the part of congress when doling out TARP (your) funds. Carl Icahn wrote a sharp op-ed piece for the New York Times called “We’re Not The Boss Of AIG“. The main thrust here is…
Roubini and Faber Out-Doom Each Other
Today, Nouriel Roubini tossed out another tasty treat for his bear worshippers on Bloomberg: “My main scenario is that it’s highly likely it goes to 600 or below (S&P 500)…Even if you do everything right with fiscal and monetary policy, we’re still going to be in a recession through the end of this year and…
