Mark Faber on QE3, China, Greece, and Banks (Must Listen)
Marc Faber is a well known investor. To the best of my knowledge, he is the only one who has bee consistently correct in foreseeing…
Business
Ron Suskind Sheds Light on Innerworkings of Obama Presidency
In the news roundup segment of my Sept 16th show I made a mention of Ron Suskind’s book on Obama’s Presidency. This may be the…
Netflix’s Quickster! (LOL) [Updated]
Netflix now trading at 139 (premarket) dropped another 20 points from when I exited my tiny bearish bet last Thu. Yesterday the CEO issued a…
My Battle with Netflix, the Stock!
If you think that pic of Netflix pitchman Jason Alexander is funny, you have to know the jokes that were in circulation about AOL disks…
Four Weeks of Red Alert in Financial Markets
I haven’t had much chance to post something about the market action last week. To say the least, even in the face of extremely bearish…
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NetFlunks Got Cramered
Do you listen to Bozo Cramer on CNBS’ Mad Money show? Long before he became a TV “star,” he and I used to exchange messages…
It is Getting Uglier in Financial Markets
1:45 PM Update: News Break: Some ugliness in credit markets. 3 mo LIBOR (London Interbank Offer Rate) is creeping up to levels close to March…
Consumer Credit: The Engine That Stalled the Economy
For decades, US consumers’ rampant borrow and spend habits have propelled the economic engine in US. I wrote earlier in July that a major slowdown…
Good Read – Nasim Taleb “The Great Bank Robbery”
This is a good read. Via CNN. For the American economy – and for many other developed economies – the elephant in the room is…
DISH Network to Serve Streaming in Competition with Netflix
Not just Amazon, DISH is going to start competing with Netflix. DISH also bidding for HULU. Netflix, the stock, is a toast. (Via Bloomberg) Dish…
Dan “Shitty Deal” Starks’ More “Shitty Deals” were Cited in FHFA Complaint
Remember this colorful exchange between Senator Carl Levin (D-MI) and Dan Starks of Goldman Sachs, who described in an internal e-mail that the securities Goldman…
Markets Take Horrible Jobs Data into Stride, FHFA Sues Banks
The month of August accounted for zero job growth in the USA.(HuffPo) The U.S. economy added no new jobs in August as the unemployment rate…
Where to Put Your Money?
I often get asked about where to invest savings. I express opinions on markets, but I don’t dish out investment advice. i.e. I won’t tell…
Morning Update (Aug 25, 2011): Bank of America is Hungry for Capital. Heads for Buffet
“Never believe in anything until it has been officially denied” – unknown. After days of denying speculation that Bank of America needs more capital, Bank…
High Frequency Trading Could be the Main Cause of the Next Major Crash in Stocks
Most retail investors are out of stock market in the US. 50-60% of the daily volume is now accounted for by High Frequency Trading (HFT)….