“Dead Pledge”
What is a dead pledge? Well, that is the literal translation of the word mortgage: 1390, from O.Fr. morgage (13c.), mort gaige, lit....
Wall Street Got Drunk!
I’m not sure this really explains what happened. Any night I’ve been out in the city — last night was Porter House, and...
Those Damn Short Sellers Are Just Killing It!
There were a sew of articles in the papers today about just how much money those damned shorts are making! First up, the WSJ, who looked...
Video: Nouriel Roubini (3 Parts)
Good set of interviews with NYU Professor Nouriel Roubini Bear Market Only Half Over, But It’s Not Armageddon More Than $1 Trillion...
What Does the Future Hold for Housing?
Too funny: “In the future they’ll only foreclose on one section of your house at a time!”— Posted by Robt Stupple via NYT Laugh...
BNN Appearance: Shorts, Bounces & Banks
Earlier today, I was on Canadian television discussing earnings and the economy: click for video I am disheveled looking because it was...
Understanding How to Analyze Market Metrics
Longtime readers of mine — going back to the email days 10 years ago — will note that at various times I have been bullish or...
All is Well . . . ALL IS WELL
Every time I read an article like the one below, I get a flashback to that scene towards the end of Animal House, when Kevin Bacon...
Even More Writedowns Coming
Yes, we’ve turned the corner, out of the woods, always darkest before the dawn. What — whats that you say? More writedowns?...