There has been plenty to read and digest over the Obama proposed stimulus package. It seems destined to be voted on and in place by the time he is sworn in as the 44th President of the United States.... read more »
The Bank of England is expected to cut interest rates by 50bp on Thursday to 1.50 percent, an all time record low, yet the British pound is rallying. This bizarre price action stems from the fact... read more »
Following the recent comments of Yale's endowment investment chief, David Swensen (see previous post), over half of a group of recently surveyed asset managers believe that high-quality corporate... read more »
"The prospect bodes poorly for banks, along with pension funds, insurance companies, hedge funds and others holding the loans or pieces of them that were packaged and sold... read more »
The old man of 2008 has yielded his place to the baby New Year and with it a changing of the guard. Not only has 2009 brought a fresh new start with a clean slate, but also a new series of Kress... read more »
In my last blog in this series, I want to look behind the technical and fundamental picture to remind myself that behind the numbers, there are human stories and tragedies. Adam Michaelson in... read more »
The market is always boring on Christmas Eve. You can tell if someone may be a trading junkie if they sat through today's entire 9:30AM-1:00PM session, despite me telling them to occupy their time... read more »
It seems like Capitol Hill should have an announcer out front yelling, "Step right up! Get your piece of the amazing bailout pie here!" It seems like there is one already, actually, now... read more »
Jeff Kearns and Michael Tsang of Bloomberg have an article out today (VIX Fails to Forecast S&P 500 Drop, Loses Followers) in which the authors contend that largely because the VIX failed to... read more »
This is no way to start the holiday week is it? The only folks pleased by today's action are those driving a Hummer and/or snowmobiling. This type of action is why Chicken Dave still maintains high... read more »
