The Debt Potato (0 comments)
The past year has been all about shifting debt.
The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to), driving the banks into debt. The U.S. government bailed out the banks, shifting de

What is the Biggest Question in the Markets Right Now? (0 comments)
Now that the S&P rallied over 60 pct since last March 2009, and pretty much all other markets except housing and real estate have also rallied (anything connected to financial markets that received the half of the several $trillion of US and other

A Bull Market Requires a Healthy Consumer Underneath (0 comments)
A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a 68% appreciation in equities from their depressionary low. Not only has the bounce caused a chorus of perma-bulls to claim

Is the Dollar Really Safer Than the Euro? (5 comments)
The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today. The move has caused many investors to question the viability of the European Union and its currency

Why the Euro Might Devolve into Euro1 and Euro2 (0 comments)
The euro as presently configured is doomed due to structural imbalances between mercantilist and consumer nations. A "euro1 and euro2" system would allow a face-saving demise to euroland's single currency.
I've got a bad feeling about

Analysts Remain Bullish on Schlumberger After Bid for Smith International (0 comments)
Although shares of oilfield services giant Schlumberger (SLB) took a hit after the company announced an $11 billion takeover bid for rival Smith International (SII) on Sunday, many analysts remain bullish on the stock.
Schlumberger, as is typic

Losing the Red Queen's Race (0 comments)
The Red Queen's Race is an apt analogy for the meltdown in assets and debt now swamping the global economy.
The Red Queen's race

Fed Chooses to Exit Through Eye of Needle (0 comments)
Ben Bernanke is making sure the Fed's exit strategy goes as easily as a camel can pass through the eye of a needle. Instead of choosing to just sell assets and unwind the amount of securities it holds, the Fed chairman is seeking to be creative once ag

The U.S. Dollar is Finally Getting Invited Back to the Investment Party (0 comments)
The U.S. Dollar is Finally Getting Invited Back to the Investment Party
The buck is up 6% against the euro in the last three weeks. Notwithstanding problems in Greece and Spain, and the attendant complications for the E.U., this is a pretty goo

Oil Futures Plunge, Bond Markets Vote America (Alert) (0 comments)
February 5, 2010.
Statsweeper registered alerts across the entire WTI oil futures complex yesterday.
Prices fell dramatically, with all six of the nearest contracts down over 5%. Four-month futures took the biggest percentage di

China's Success Taking its Toll on Neighbours (1 comments)
During the decade after the 1997 Asian financial crisis, China was generally seen throughout East Asia as a friendly alternative power-center to the American-led Washington-consensus that told countries in trouble they had to force their banks to decla

A Mortally Wounded Private Sector (1 comments)
The President’s 2011 budget proposal was so outrageously egregious that Obama had to hold a special conference on Monday just to spin the news.
The scope of the proposed budget for fiscal 2011 is $3.8 trillion. The difference between reve

Save The Middle Class While Fixing the Banks for Good (0 comments)
While I’m disgusted with the level of banker’s bonuses and with the obscene leverage practices
financial institutions undertook, I do not think the answer to how we clean up them up now is to pile on yet more regulation. To be sure, b

Quick Take of the Markets Today (0 comments)
U.S. markets calmed Monday on good earnings news but Asian markets remained roiled overnight, down about 2 percent across the region. The Yen rose, reflecting a flight to safety as reports continued to circulate that China was tightening bank credit to

Get Ready, A Major Change Has Hit (0 comments)
Let’s talk about sentiment.
Last week was the worst market week since March 2009. Similarly, the three-day decline from Wednesday through Friday was the worst three days since March 2009. The market is now officially in the red for 2010. A

America: Export Nation? (2 comments)
There’s some interesting data emerging on the world trade situation.
One of the surprising things is the U.S. export market is actually fairing reasonably well.
People often pan America for having no exports. It's a common compl

Is the Market Flashing a "Sell" Signal (0 comments)
Is the Market Flashing a “Sell” Signal?
Friday’s decline has got a lot of commentators asserting that the official top is in for the rally that started March 2009. The primary reason for these assertions is that stocks look to have

The Tepee Shaped Recovery (1 comments)
The shape of this economic recovery will not be in a “V”, as many pundits have promulgated, but instead may be the inversion of that letter…which will unfortunately look much more like a tepee. The upcoming downfall will surprise mos

Lending Takes Another Teeth-Kick (0 comments)
The "Financial Crisis Responsibility Fee" dropped today on Capitol Hill.
The odd-sounding measure ("You've caused a financial catastrophe. That'll be $8.50 please.") is the Obama government's latest plan to recoup

A Limp Oil World (0 comments)
China was the savior of commodities the past year. And a particularly hot spot today.
China's customs agency released some impressive trade numbers. December exports were up 17.7% year-on-year. Imports jumped even more. Up 55.9% year-on-year

So You Think You Can Debase a Currency (0 comments)
Yesterday I visited the nicest public pool I've ever set trunks in.
The place was airplane hangar-sized. Giant hot tub. Towering waterslides. A float-along river for the kids. All this to be found in a tiny Tokyo suburb, the kind of place ev

Liquidity Problems - Two Major Miners Run out of Cash (0 comments)
It's been awhile since we heard the phrase "liquidity problems".
In October 2008, you couldn't set browser on internet without hearing about liquidity problems somewhere. During the financial crisis, cash disappeared into the c

Unstimulating America - How do you Undo a Trillion Dollars? (0 comments)
That question has been on the minds of leaders and financial thinkers worldwide, since the financial crisis broke last fall.
In response to falling asset prices, governments around the globe created trillions of dollars in stimulus spending and

How to Guarantee Success - Why Mexico Hedged it’s 2010 Oil Production at $57 per barrel (0 comments)
A lot has been made this week of news that Mexico hedged the bulk of its 2010 oil production at $57 per barrel.
Several analysts chalked this up to a vote of non-confidence in the oil market. And wondered why Mexico would be so bearish when 2010

Are we at the Start of Another Commodity Boom? According to Jim Rogers we are (0 comments)
There are very few guarantees in the world of investment, especially at a time when so many national economies are in a current state of flux and seizure, which in turn, “muddies up the water” when it comes to asserting confident prognoses

Death of the Dollar! Is the end of the Greenback Truly at Hand? (0 comments)
There were a lot of reports this week about the demise of the dollar. Is the end of the greenback truly at hand? Or are reports of the dollar's death greatly exaggerated? And what does this mean for commodities?
This week we cast a critical e

Keeping our eyes on the ball (0 comments)
Question: Can the debt mountain keep on growing to the sky or will we eventually see a landslide collapse?
Answer: The evidence in the USA (continuously rising unemployment levels, ongoing ho

A MEDIA FAILURE COMPOUNDS THE FINANCIAL FAILURE: (0 comments)
The Press Is Still Missing The Story Of Fraud and Economic Decline Ahead.
We know that Wall Street has not learned much from the crash it helped instigate. We know that our government
