Investing and Trading News, with a Contrarian, Sarcastic Twist!
Great article by Barry Ritholtz on his blog, The Big Picture: I once again find myself lamenting the opportunities wasted by a US President in response to a great cataclysm. In the case of President Obama, it was his response to the financial crisis. The opportunity for greatness presented itself, and was . . . […]
I have to admit, I thought the precious metals would get slammed today if the Fed announced anything less than $1 trillion in QE2. And slammed they were, when the pitiful number of $600 billion was announced. However, both gold and silver rallied by the closing bell to pare down their losses, and both are […]
Nice job (as usual) by the folks at Reason Magazine, providing a little sanity and perspectives on these elections: And you can read the full article over at Reason.com: http://reason.com/blog/2010/11/03/reasontv-3-reasons-this-electi (hat tip Carson on the link) I concur with their conclusion, as I haven’t yet seen evidence that the current political structure in the United States […]
This may be an interesting time to go long a future “credit event” involving debt issued by the State of California. Trading volume in Intrade’s Prediction Market is still light – but those 2011 contracts sure look potentially interesting: Source: Intrade.com California (as usual) bucked the national trend last night as a lone bright spot […]
For all of our fellow Election Day curmudgeons – here’s George Carlin shedding a little sanity on the situation: Hat tip Carson on the nice find.
Here’s a very interesting interview by Omniture Co-Founder Josh James in a sit down discussion with Steve Forbes – you can watch the interview here. If your business is heavily involved in the internet (and what biz with a future isn’t these days), this is a great piece to watch. James is a very smart […]
Marc Faber was a guest on Bloomberg last week – October 26 to be precise. He gave his outlook for stocks, QE2, and how the upcoming elections will weigh on the markets: Some quick takeaways: The market has gone from a pessimistic low of almost 1000 to nearly 1200 – and he believes a lot […]
Here’s another potential magazine cover classic! Source: Barron’s Hat tips to Business Insider and the S&A Digest.
One of the biggest mistakes that I personally have made as an investor over the past 18 months has been underestimating the power of the reflation trade. While you probably know I’ve been a big time commodity bull since 2004 (and had a lot of success in agriculture especially), I “lost my way” after getting […]
GDP Report Good for Main Street – Maybe Not for Wall Street. By Sy Harding, Editor, Street Smart Report October 29, 2010. The long-awaited report on economic growth in the third quarter was released Friday morning, and was a somewhat pleasant surprise. After declining from an annualized growth rate of 5.0% in the fourth quarter […]
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