Raise interest rates first, not exchange rate
Andy Xie is a former Morgan Stanley analyst now living in China. China Business, May 14, 2010: ~~~ China needs to exit the stimulus...
May 6th Meltdown Trader Identified: Waddell & Reed
I have no idea if this is true but: Surprise!: “A big mystery seller of futures contracts during the market meltdown last week was...
Trader Vic on the May 6 Crash
Let’s check in with Victor Sperandeo today for some perspective on the Markets. click for audio Podcast: Play in new window |...
The Google Job Experiment
When top advertising creative directors Googled themselves, they got a message from me asking for a job. Read more about the experiment...
Europe = Marge Simpson
With the Dow off over 200 points today, the psychology of the moment is to once again blame the Europeans for the market’s woes....
Business Inventories in line but I/S ratio hits record low
March Business Inventories rose by .4%, in line with expectations and up for the 5th month in the past 6 after 13 months in a row of...
UoM about in line but inflation expectations jump
The May preliminary UoM confidence # at 73.3 was a touch below expectations of 73.5 but is up from 72.2 in April. The high in the rebound...
Are For-Profit Markets the Cause of Volatility?
Floyd Norris has today’s must read discussion on avoiding another May 6th (MAYDAY MAYDAY WE ARE GOING DOWN. OVER) type of day at...
Retail sales look good but under the hood not so good
April Retail Sales rose .4% headline, .4% ex auto’s and .4% ex auto’s and gasoline. Ex auto’s were in line with...