Archive for July, 2009:

The Market Has Never Been Fairer For The Retail Investor

{ Posted on Jul 30 2009 by Eric Falkenstein }
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Categories : All, Clusterstock
Paul Wilmott warns us against the scourge of computer trading, and it seems everyone has an opinion on it (see NYTimes here, Trader Magazine, Chuck Shumer, Tyler Cowen). Alas, this covers such a broad umbrella of strategies, one can ...Read More »

A Hole They Dug for Themselves

{ Posted on Jul 30 2009 by Steve Chapman }
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Categories : All, Reason Magazine - Economics
Everywhere you look, states are being crunched by fiscal emergencies that range from painful to excruciating. California, which has been paying bills with IOUs, is now preparing to close state parks and furlough state employees—which is what you have ...Read More »

Are Foreclosures Simply Too Lucrative To Pass Up?

{ Posted on Jul 30 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
The NYT advances another theory why loan modifications aren't working. It's not because banks don't have the infrastructure in place (the banks' excuse) or because loan modifications en masse would kill their balance sheets (what many suspect), but rather that ...Read More »

China Can’t Take Away The Punch Bowl

{ Posted on Jul 30 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
Monday's 5% drop in the Shanghai market was a stark warning to the credit-happy central government: do a U-turn on cheap money, and this is what you get. So the government is already sending out signals that it won't be tightening ...Read More »

Obama Loses The Healthcare Debate

{ Posted on Jul 30 2009 by Joe Weisenthal }
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Categories : All, Clusterstock
From a purely political standpoint  Obama has lost the healthcare message war. WSJ: Support for President Barack Obama's health-care effort has declined over the past five weeks, particularly among those who already have insurance, a Wall Street Journal/NBC News poll found, ...Read More »

What’s Happening Today: Thursday, July 30

{ Posted on Jul 30 2009 by Erin Geiger Smith }
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Categories : All, Clusterstock
Macro 8:30 AM:  Initial Claims Earnings AON Corporation (AOC) (Before Market) Cigna (CI) (Before Market) Eastman Kodak Company (EK) (Before Market) ExxonMobil Corporation (XOM) (Before Market) GOLFSMITH INTL HLDGS INC (GOLF) (Before Market) MasterCard Incorporated (MA) (Before Market) Oppenheimer Holdings Inc. (OPY) (Before Market) Revlon, Inc. (REV) (Before Market) The Dow ...Read More »

Inner workings of a PR campaign

{ Posted on Jul 30 2009 by Rdan }
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Categories : All, Angry Bear
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Office of Special Inspector General quarterly report

{ Posted on Jul 30 2009 by Rdan }
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Categories : All, Angry Bear
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Many Chime In On “Housing Hypocrites” Post

{ Posted on Jul 30 2009 by Michael Shedlock }
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Categories : Uncategorized
Yesterday's post Emails from Housing Hypocrites about Ethics generated an unusually high number of responses. Let's take a look at some of them.Mike From NYC Writes:Calculated Risk has a post titled CRE: Office Building Owners Walk AwayIn this story, the ...Read More »

75% Favor Auditing The Fed; Fed Job Approval Rating Lower Than IRS

{ Posted on Jul 30 2009 by Michael Shedlock }
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Categories : Uncategorized
Here's some genuinely good news for a change. A new Rasmussen poll shows 75% Favor Auditing The Fed.So much for the ongoing secrecy of the nation’s independent central banking system. A new Rasmussen Reports national telephone survey finds that 75% ...Read More »
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