Trapped Inside A Property Bubble
Former Morgan Stanley Analyst Andy Xie explains why China might yet be in a real estate bubble: When China’s real estate bubble...
Trade Deficit higher than est and slightly trims Q4 GDP est
The Nov Trade Deficit widened to $36.4b, above expectations of $34.6b and up from a revised $33.2b in Oct. Exports did rise .9% m/o/m but...
Consolidation or Rally’s End ?
The future is, by definition, unknown and unknowable. This is one of the factors investors must constantly wrestle with. Forcastors are...
Earnings and China trying to sober up weighing on the futures
An earnings miss from the serial earnings misser and commodity laggard, Alcoa, guidance cuts from ERTS and CVX and further policy...
Federal Reserve’s Record 2009 Earnings: $45B
Since its earnings season, and everyone is closely watching the financials, we might as well talk about one more bank’s record...
Alcoa Stinks the Joint Up, Pressures Futures
Alcoa reported a Q4 2009 loss of $277 million loss, on lower sales and higher costs. Losses narrowed from a year ago when they were $1.2...
Top Ten Uber Surprises of 2010
Good Evening: After holding so much promise when overseas markets rose overnight, U.S. stocks spent another day drifting quietly before...
Economist: Bubble Warning
Great cover — and cover story — this week in the Economist: “The effect of free money is remarkable. A year ago...
What Type of Bear Are You ?
Funny, despite having flipped bullish earlier this year, I still get all manner of Bear email sent to me. I guess any bullishness from me...
Demand for some inflation protection is pretty good
The 10 yr TIPS auction was good as the yield was about in line with expectations but the bid to cover at 2.65 is above the ’09...