As I have long said, there is no such thing as toxic assets, only toxic prices: “Investors’ belief that the worst is over for...
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The reason that the general approach and this specific regulation makes sense, given past practices and likely future risks, is laid out...
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My early morning reads: • Big Long Is New ‘Big Short’ as Bass Joins Subprime Bet (Bloomberg) • The Letter: Hedgies’...
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The amount of people filing for Initial Jobless Claims continues to fall, totaling 348k vs 361k last week (revised up by 3k) and 17k less...
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Barron’s – Cover Story: Enter the Bull Even by conservative measures, the Dow Jones Industrials could top 15,000 in two years. Dow...
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The wait on Greece is now really irritating and the lack of conclusion with the negotiations is clear evidence that Greece is still not...
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Temporal Distortion from Randy Halverson on Vimeo. Featuring an original score by Bear McCreary (Battlestar Galactica, The Walking Dead,...
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Last week, I asked the question “Where Are the Bears?.” I was quoting technician Helene Meisler, who had pointed out that many of the...
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The government investigates trading on non-public information — unless members of Congress are doing it. The Daily Show with Jon...
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The numbers on this are rather intriguing: So far, the brokerage customers of MF Global have been “reunited” with 72% of the...
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