Overstock.com to Restate Earnings
I really didn’t want to get drawn in to the freak show that is Overstock.com. But for my family members showing up on some...
Thursday’s Reads
Today’s readings look pretty interesting: – Volcker Rule unabridged (Marketwatch) How the former Fed chairman can sharpen his...
CDS and why moves are greater than underlying bond market today
Here are some updated CDS levels in the troubled European countries, Portugal 225 +30, Italy 150 +20, Greece 410 +22, Spain 170 +19, and...
Country & State Credit ratings
Ben Schott had a great OP-CHART yesterday that I meant to get to — its a run of about 80 Country & all 50 State credit ratings:...
Bloomberg on the Birth Death Adjustment
With the NFP payroll report out tomorrow morning, Bloomberg.com put together a timely infographic on one of our favorite pet peeves: the...
Chanos on . . .
Be sure to check out the videos from this morning with Jim Chanos in the Video page He runs $6 billion dollars, and has terrific insights.
WHAT A DIFFERENCE A YEAR MAKES
What a difference a year makes: • A year ago, China was embarking on a massive fiscal and credit stimulus plan that would send...
James Chanos on Earnings, Shorting, China, Greece
Famed short-seller James Chanos, president of Kynikos Associates, shares his market insight. Airtime: Thurs. Feb. 4 2010 | 7:05 AM ET...
Look Out Below
Wow, here we are back at 1080 — lets see if it holds . . . My prior best guess at how this played out was a break of 1080, a rally...
Initial Jobless Claims creeping back up again
Initial Jobless Claims totaled 480k, 25k above expectations and up from 472k last week. It is now the 3rd week in a row above 470k and...