McGraw-Hill vs. Goldman: The Redux
On April 18th, I posted this note about Goldman’s take on S&P’s outlook change on US debt. There is a saying in Telugu, “dongalu dongalu…
Markets
S & P Downgrades US Debt. Now What?
On Friday, Aug 5 2011 at 8:01 PM when all financial markets (ex ForEx) in all western countries have closed for trading, Standard and Poor’s…
Fascinating Lecture About Algos on Wall Street
Fascinating lecture on algos and how they operate in the trading universe.
DOW Down 512 pts. Today is for the Record Books.
Financial markets have given an unforgettable 50th birthday gift to the President. Today is nothing less than a massacre for stock markets across the world….
Financial Market Update (Red Alert): Short-Term Yields Going Negative
Short-Term Yields Going Negative In simple English, it means that you have to PAY THE BANK TO KEEP YOUR money. This kind of imbalance happens…
Ahoy Netflix!!!
If you missed the Netflix ads or Netflix story of late, you must not be living in the United States. Regular listeners of my show…
Blame Them Shorts, You Morons!
Do you ever wonder, the western press was quick to brand debt trouble faced by Malaysia, Thailand and Indonesia in 1997 as “Asian contagion” as…
HFT Algos at it Again?
Predictions of crashes have little credibility with me. However, this one has some credibility. Zero-Hedge’s Tyler Durden (not his real name) thinks that a flash-crash…
Matt Taibbi: Fraud Street has no Incentive to Stop their Criminal Acts
Why Read Fiction, when Truth is Even More Fascinating!
This insider trading case is just a tip of the iceberg. It is a tell-tale story of an illegal web of well connected Ivy League business school graduates with no ethics or morals rigging the system to their advantage. In social circles, we see these sociopaths claiming to be crème de la crème, when in fact many of them are perfume coated turds.
Matt Taibbi: People vs. Goldman Sachs
A must read article in Rolling Stones: To recap: Goldman, to get $1.2 billion in crap off its books, dumps a huge lot of deadly…
Watch the Cult Leader
Mohan garu calls Yaron Brook the leader of a cult. Watch him debate on the role of government. You may disagree with Yaron, but can’t…
The S&P Downgrade “Shocker” and Goldman Response: Where is the Honor Among Thieves?
There is a saying in Telugu, “dongalu dongalu oollu panchukunntlu” (Just like thieves divided the villages among themselves to rob). True to this age old…
Simon Johnson – An MIT Prof, but Simple English, Simple Math (Must Watch)
The thieves Wall Street crying foul on too much regulation. The thugs on the Hill are are crying about the wolf there never was and…
Phoenix Capital Research: Why Should you be Freaked Out About Stock Market?
[Phoenix Capital Research, Via Zero Hedge.] This is a chart of the US monetary base. In simple terms, it charts how much money the Fed…