Europe Debt Explained
Any video with “English” yakscent is worth viewing :). Enjoy the clip.
In The News
I am Naming My Own Price for Priceline.com, the Stock!
I think some uber-bulls on Netflix, the stock, don’t know what hit them. Before they could say down, the stock came down crashing from $305…
Shocking Interview: Governments Don’t Rule the World, Goldman Sachs Does
UPDATE: I just discovered that he has a blog: Leading Trader I believe that in the ensuing weeks and months, this short interview on BBC…
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…
“All Clowns (in the Market) Must be Destroyed”
[This post is for mature readers only.] Some 12 years ago when tech stock bubble was in full swing, Luc, a regular poster on the…
Jon Stewart Goes at the Republican Rhetoric: “Class Warfare on Job Creators”
When President Obama recently proposed Jon always manages to surprise me with his ability to tame the beast with well thought out arguments and great…
Operation Twist for the Twisted
The central bank chairman with God complex, who arrogantly proclaimed that he could have saved the Great Depression may have been leading us in the…
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…
All About Europe’s Sovereign Debt Crisis in One Picture
The picture above shows today’s Credit Default Swap spreads of the sovereign debt of PIIGS (Portugal, Italy, Ireland, Greece and Spain) countries. It means that…
A Rumor a Minute, 5-Point Swings a Minute: This is the New Normal?
Stock markets around the world have new fuel for rally: rumors. There is a rumor every minute. Yesterday: “China to buy Italian bonds.” Not true….
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…