Squabbling between Germany and France over haircuts are acting as a speed bump to producing a bazooka.
Comments »Monthly Archives: November 2011
Credit Agricole Profits Fall 65% on Greek Debt Holdings
Russia Says Iran is Willing to Negotiate a Deal to Calm Fears Over Their Nuclear Program
“Iran has confirmed that it wants to resolve all outstanding issues with the IAEA,” Lukashevich said, referring to the UN’s International Atomic Energy Agency. “This is incompatible with efforts to impose new sanctions, which will only drive any prospects of negotiations into a dead end.”
Comments »China’s Exports Rise Less Than Expected
Imports rose more than expected while exports reached the slowest pace in two years.
Comments »FLASH: Papademos Has Been Chosen as the New Leader of Greece; European Markets Rally Some More
Copper Falls Nearly 2% on the EU Lowering Growth Estimates
Solar Glut May Force Prices Lower Despite Polysilicon Being Down 93%
Oil Ignores a Strong Dollar and Rallies Of U.S. Inventory Data
Oil was also said to rally due to better prospects in Europe. Oil is trading up $1.91 @ $97.65
Comments »Gold Falls For a Second Day on Dollar Buying
Dollar buying continued over fears of European sovereign debt problems. Gold fell a little over 1% to trade @ $1,771.
Comments »EU Lowers Grow Estimates For the Euro Zone
This years targets is only off by .1%, but next years target went from 1.8% to 0.5%.
Comments »Asian Markets Stay Firmly in the Red While Europe and U.S. Futures Rally on the ECB Buying Italian Debt
The funny part about buying debt is that the amount of money put behind these market moving statements is a paltry sum compared to what needs to be done. Some how the markets will take the crumbs and run.
Comments »Flash: Italian Yields Contract Significantly
10 yr yields down 4.4% to 6.93%.
Comments »Greenlight Capital is Down 6% Year to Date
As per Einhorn’s quarterly letter, his fund are down 6.2%, 5.6% and 6.1% for the year.
Comments »XXX PERRY’S DEBATE FAIL (VIDEO) XXX
http://www.youtube.com/watch?v=zUA2rDVrmNg
Comments »On the Matter of the CNBC GOP Debate AKA Planet of the Apes
Newt spoke the best. Seems the most experienced among the panelists. He has certainly spent sleepless nights figuring out a clear course of action.
Perry can’t remember what branch of government he wants to eliminate….only after 20 minutes can he recall. Never answers questions directly; hate that !
Romney was to plain vanilla. He likes to throw around the blame. Heck they are all good at that. Romney was not tough enough on China.
Bachman was well Bachman. She is good at repeating current events.
Cain is 999 and bill 3400. I feel bad he had to defend his character again; but that will never go away. He has no idea about the markets, volatility, and derivatives…..back to 999….
Hunstman was interesting, but a little too shy for me. At least he recognized a trade war with China was possible.
Santorum says he has been a leader on all topics before anyone in the panel had something to say about it. He has good speaking skills, but is still developing…
Ron Paul delivers the same message….i like consistency. For shits and giggles we should let him turn everything upside down.
[youtube://http://www.youtube.com/watch?v=n2bYJQFQMs8&feature=related 450 300] Comments »
Asian Markets Gap Down With the Hang Seng Off by 4.1%
High Fructose Corn Syrup a Cancer Accelerator ?
Green Mountain Coffee, $GMCR, Gets Blown the Fuck Up After Missing Earnings
DOW 20: A Blast From the Past For Today’s Action
[youtube://http://www.youtube.com/watch?v=4uE9lHtscmY&feature=related 450 300]
Comments »