Zombie GM Stock is Proof Humans Are Not Rational
I have mentioned this in the past, but its one of those absurdities that refuses to die: “Whether it’s a matter of ignorance...
Andy Xie’s Boom & Burst
> Be sure to check out Andy Xie’s Boom & Burst discussion in the Think Tank. He writes: Don’t be fooled by false signs of...
Art Cashin: Take a Little Off the Table This Week
Airtime: Mon. Aug. 24 2009 | 9:10 AM ET Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
King Report: Sympathy for Traditional Managers
> Our sympathies go out to traditional managers of public funds because they are being forced to abandon prudence and reason in order...
“Anybody But Summers”: Reflections on Bernanke and...
Excerpt: While initially slow to respond to the crisis and arguably a contributor to its rise as Fed governor, Bernanke nonetheless...
Stock market and US Treasury market sending different signals
RIP the CFC program as of tonight and we’ll now get to see what the natural supply and demand dynamic is in the auto industry. The...
Existing Home Sales Far Worse Than Advertised
The latest housing consensus as sung in three part harmony amongst the media and green shoots crowd. Their song goes something like this:...
Its Not Called “First Call” For Nothing . . .
This story is guaranteed to generate some buzz today. I suspect its going to be much ado about nothing: “At the meetings, Goldman...
Boom and burst: Don’t be fooled by false signs of...
Andy Xie is a former Morgan Stanley economist now living in China; The following is from the South China Morning Post: > The A-share...
Week Ahead
Europe’s Week Ahead: Results from GDF Suez 8/21/2009 European markets will be focused on results from French energy giant GDF Suez...