Open Thread: New Market Highs?
I sat in on an interesting conversation today. It was with the CEO of a public company ($20B+ cap), a two major shareholders (only...
Durables Goods Orders: A Leading Indicator for Stock Prices?
Interesting chart from Mike Panzner regarding durable goods and the SPX. Note that Real spending on nondurable goods was flat in August....
NAR on “Temporary” Housing Problems
I almost miss David Lereah. He was the former chief economist for the National Association of Realtors (NAR), and author of many fabulous...
NYSE is Shrinking
Interesting article about the effects of electronic trading on the NYSE. “Behind the marble facade of its neoclassical fortress on...
Open Thread: Markets, Inflation, Growth, Recession
Yesterday, I said that the Fed had become Wall Street’s "Bitch". It was toward the end of the post, and I assumed it...
U.S. vs. Global Sectors
I have frequently mentioned the US economy and markets have been under-performing global counterparts. Let’s have a quick look at...
Nine Reasons the Feds Can’t Save Stocks
Über-bear Doug Kass outlines his views on why, regardless of what the Fed’s actions are this week, their impact on equities will...
Yield Spread, Employment Data Forecast Recession
Another ominous chart — this one via Floyd Norris of the NYT: "The employment statistics and the bond market are combining to...
