MIA: Bond Vigilantes
Following up on a previous matter, Karl Denninger posted what is supposed to pass for a rebuttal to my recent post on government spending. To my eyes, as Jay Bookman so aptly put it, it looks like “the octopus trick, squirting black ink to cloud your retreat.” True enough. Anyway, done with that discussion. Paul...
Regressing To The Trend Line
via The Chart Store:
Click to enlarge:
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Look Out Below, Mid-Week Edition
click for updated futures > A quick note as I settle back into my routine after being on the road a few days (sorry bout all that volatility while I was traveling). Getting out of NYC and watching market from afar (and in a different time zone), a few things that were noteworthy: -US markets...
Long Term Secular Cycles on S&P
Since we discussed the psychology of longer term cycles this morning, let’s step back see how they look over the long haul, via The Chart Store. When you look at the individual bear markets (charts 2-5) think about what some of these long slogs do to investor sentiment and psychology: > ˜˜˜ ˜˜˜ More charts/cycles...
Look Out Below, French Election Edition
Looks like an interesting day coming up on Monday . . .
65th CFA Conference
> I will be spending the next few days appearing at and attending the 65th annual CFA conference in Chicago. (For those of you who know what happens when I travel, you have been warned!) The conference site has lots of goodies: You can stream the event; see the full schedule; get bios of all...
Unhappy Anniversary of the Flash Crash
> Jim McTague explains why this is the unhappy anniversary of the flash crash: From Jan. 1 through April 30, 2010, investors put $668 million into stock funds, says the Investment Company Institute, the mutual-fund trade group. By the end of 2010, they had withdrawn about $96 billion. In 2011, there were $135 billion in...
Market Cap/GDP Ratio
Ron Griess of The Chart Store was none too impressed with the post Are Stocks Ahead of the Economy?, especially, the WSJ chart we criticized. He points out that “the data for the chart of GDP and market cap goes back a lot further than 1995. (Whether such a comparison is meaningful is another story).”...
Market Cap/GDP Ratio
Ron Griess of The Chart Store was none too impressed with the post Are Stocks Ahead of the Economy?, especially, the WSJ chart we criticized. He points out that “the data for the chart of GDP and market cap goes back a lot further than 1995. (Whether such a comparison is meaningful is another story).”...
Market Cap/GDP Ratio
Ron Griess of The Chart Store was none too impressed with the post Are Stocks Ahead of the Economy?, especially, the WSJ chart we criticized. He points out that “the data for the chart of GDP and market cap goes back a lot further than 1995. (Whether such a comparison is meaningful is another story).”...
Succinct Summation of Week’s Events (May, 4 2012)
Succinct summation of week’s events: Positives: 1) Payrolls in Feb and March are revised higher, led by the private sector and offsets April weakness. Avg duration of unemployment while still high, falls to 1 yr low. 2) Initial Jobless Claims end 3 week run above 380k and total 14k less than expected at 365k. 3)...
Open Thread: Where do we go from here?
Ok, you guys know how this goes:
Whatever you want, no topic off limit, have at it, no rules/full monty.
What’s on you mind re: Markets, Politics, Technology?
What say ye?
