Bulls have eyes wide shut?
Bullish sentiment continues to increase as measured by both the weekly II data and a Bloomberg survey. II said Bulls rose to 53.4 from...
Too Big To Fail Tax
If you want less of something, tax it. > Yesterday, the news broke about a tax on the large banks — it was ostensibly designed...
10 Questions for the Financial Crisis Commission
The following is from Eliot Spitzer (former attorney general and governor of New York), Frank Partnoy (professor of law at the University...
White House vs Wall Street
There is a somewhat odd — and overtly political — article in the FT by former US labor secretary and current professor of...
Led Zep Market Analysis
Numerous Wall Street analysts, strategists, and economists over the years have managed to laden their commentary with references to their...
NY Fed to Be Subpoenaed On AIG Pass thru Payments
Edolphus Towns, chairman of the House Oversight and Government Reform Committee, said he will issue today a subpoena to the Federal...
3 yr note auction pretty good as rate hike odds fall further
The $40b 3 year note auction was pretty good. The yield was right in line with the when issued but the bid to cover of 2.98 is above the...
Hours of Labor Needed to Buy SPX, CRB, Gold
I find these 3 charts, courtesy of Ron Griess of The Chart Store, fascinating. They contextualize market gains, dollar weakness and...
Airport Security
Source: KAL’s cartoon The Economist, Jan 7th 2010 http://www.economist.com/daily/kallery/displaystory.cfm?story_id=15228610
St L. Fed Pres James Bullard on US Interest Rates
The greenback extended declines partly because of comments from St Louis Federal Reserve Bank president, James Bullard, that interest...