Bulls rejoice!
Well, apparently we are due for either a rip roarin’ rally in stocks, bonds and commodities or the dollar is about to collapse – or both. Here is the current Economist cover.And just when consensus was reached for a...
Read MoreWell, apparently we are due for either a rip roarin’ rally in stocks, bonds and commodities or the dollar is about to collapse – or both. Here is the current Economist cover.And just when consensus was reached for a...
Read MoreI was in the local appliance retailer today and even for a weekday afternoon it seemed rather empty to me. (My dishwasher was shot, in case you wanted to know).When I got to the store, there were a few salesmen hanging around,...
Read MoreThere has got to be some way to make some money on this.This morning, it was warmer in Caribou, Maine than it was in San Antonio and New Orleans. And they forecast the high in Caribou to be the same as the high in Atlanta.Orange...
Read MoreThe stock market got off to a roaring start today – or did it? Up 1.5% to new highs on sub-average volume? And that average has last week’s anemia included.Here is a chart I stole, er, borrowed from Tim...
Read MoreGreat Balls of Fire! That was the headline in the NY Post with regard to the latest failed airline bombing. Gotta love them. Another rag had “pants on fire.”Great balls of fire was also 2009 and now I am happy to see...
Read MoreRetail, Airlines and Energy are the sectors in the news thanks to the holiday, terrorism and geopolitical events, respectively. Do any of them matter this week as we have our second short and thin week in a row? How about...
Read MoreI don’t know why these two headlines are comforting to me but they are.’Balloon boy’ parents going to jailMadoff in prison’s hospital Could it be that the idiots and bad guys the are getting their just...
Read MoreI cannot quantify it but there are as many reasons – technically – to buy stocks now as there are to sell them. From good reactions to economic news (GDP revised down) and nagging problems around the world with debt...
Read MoreFrom Barron’s Online comments section:Imagine that you are a central banker and can buy gold for free (by printing your currency). You know that when things go badly for your currency you will have gold to back it. What...
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