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...
Wages of Failure: Exec Comp at Bear, Lehman 2000-08
I stumbled across a fascinating pierce of research (via a reader) regarding misaligned pay incentives Bear Stearns and Lehman Brothers:...
Latest AIG Revelations: One More Reason Why Geithner’s...
> Source: Latest AIG Revelations: One More Reason Why Geithner’s Got to Go Henry Blodget Yahoo Tech Ticker, Jan 08, 2010 11:20am...
What can you say
From a major NY Trading desk . . . Yesterday: What can you say I honestly wonder what would what would have happened if we’d gotten a...