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...
Here come the strikes, governments put to the test
Today, Greek customs and tax officials will conduct a 48 hour strike, next week there will be a 24 hour civil servant, doctor and...
The Secret Memo to Derail Financial Reform
A reader pointed me to Joe Weisenthal’s Business Insider article based on a HuffPo piece that was itself based on a secret memo by...
Bernanke Renewed for “An Extended Period”
Good Evening: After a couple of weak rally attempts that failed last week, U.S. stocks were able to put together a decent rally on Monday...
Open Thread: Correction Over, Market Rally Resumes?
OK, dear readers and commentors: You asked for more open threads, and you got it. Tonight, let’s discuss whether the pullback is...