Morning Update (11-09-30): Is Morgan Stanley in Trouble
So far, this week (especially yesterday) we have seen some of the craziest movements in stock prices around the world. To me this is indicating a lot of trouble ahead....
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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 will be much talked about. In a...
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“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 Silicon Investor boards used to end his...
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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 news, at the outset it...
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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. But,...
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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 2009. Now US 3 mo bills...
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