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Author: Michael Kahn

Munis

When typing the title to this post, I showed my hand-brain disconnect and typed minus. Same letters, interesting meaning. The conversation about state defaults and municipal bonds failing seems to have died down. Build America...

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Housing peak 2011

This is from Tom McClellan (yes that one). He does a lot of work on offsetting two markets to see relationships, sort of like overlaying the birth rate with recession offset by 9-months. If you can’t go out to a fancy...

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Do these guys get it?

When I first got the email for Delta’s private jet service I thought “Are these guys kidding? Do they read the newspaper? Most people can barely afford a regular sardine can seat let alone “only” $27,500...

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Why did the market rally this week?

This is the question everyone asks. Have you ever noticed that the financial media always has an answer?The market rallied because the Fed this and earnings that. An analyst upgraded stock X. Here is something I used in a...

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Spain

You make the call. Oh billions of dollars (euros), is there nothing you can’t fix? – Jon Stewart (The Daily Show, c...

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Kick save and a beauty

Sportscaster Marv Albert used to say that during NY Rangers games when the goalie made a particularly nice save. The Dow cratered at the open on the Ireland bailout but came clawing back in the afternoon. The S&P 500...

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Non-market musings

Sorry, gang, this is another of my philosophical musings based on what is happening in real life.  If you just want market comments, you will have to wait until after Thanksgiving. Yes, everyone likes to put out a seasonal...

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