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From Darwin’s Money: The world abounds with experts purporting to hold the “secret” to success (yes, pun intended for that horrible video The Secret). The thing is, it’s often tied to a gimmick or some program they want you to buy. The reality is that there is one single behavior that I’ve found is instrumental in EVERY aspect of my life – from career success to my health to my relationships to [...]  APPLE SHOCK: Apple’s Stock Is Crashing It seems, just as everyone knew but really did not want to admit, that AAPL is the core (pun intended) of the entire risk-rally. With the re-appearance of the bond-market this morning after their long-weekend, risk-assets everywhere have caught the tech companies’ cold with EURUSD at one-week lows – back under 1.2900, S&P futures tumbling back towards pre-QEternity levels and having wiped out all of last [...] It seems, just as everyone knew but really did not want to admit, that AAPL is the core (pun intended) of the entire risk-rally. With the re-appearance of the bond-market this morning after their long-weekend, risk-assets everywhere have caught the tech companies’ cold with EURUSD at one-week lows – back under 1.2900, S&P futures tumbling back towards pre-QEternity levels and having wiped out all of last week’s gains, as AAPL [...] Ridiculous as our market volatility might seem to an intelligent Martian, it is our reality and everyone loves to trot out the “quote” attributed to Keynes (but never documented): “The market can stay irrational longer than the investor can stay solvent.” For us agents, he might better have said “The market can stay irrational longer than the client can stay patient.” Jeremy Grantham As one may have guessed by now, the topic [...] One of the numerous new endeavors I undertook in my time off was to start TRX training. Amazingly simple and excruciatingly effective if done properly and under the supervision and instruction of an experienced trainer. (Also excruciatingly painful if done improperly) TRX was developed by Randy Hetrick (a retired SEAL) specifically for training SEALs and utilizes one’s body weight and a suspension belt system of resistance training. The real strength (pun sorta [...] While these pages have been warning for about a month that a Greek default is precisely what Europe wants, a self-deluded market has been ignoring this reality. That is no longer the case as the default (pardon the pun) thought is now one of Greek default. As for the assumption that “it is all priced in”… that too is being scrapped as revisionist histories of Lehman come to mind. As [...] by ZH For over a year, our premise #1 in interpreting the newsflow out of Europe has been that in the absence of actual practical ideas, and the continent’s glaring inability to do simple math, the only option left to bEURaucrats has been to literally baffle people with so much endless bullshit that the general audience would be simply stunned by the possibility of an alternative that the union’s leaders were all [...] by ZH And so the Twist spin (pun and all that) begins after Morgan Stanley’s Jim Caron tells clients that OpTwist will remove “more duration risk than expected.” He says that the operation will remove more than $500 billion in 10 Year equivalents of duration risk from the market, which is far higher than the firm’s expectations, and adds that he was “most aggressive on the [...] by ZH In keeping with the tradition of always blaming something for everything that doesn’t do quite as expected, be it the rain, the heat, the cold, the snow, (henceforth known as “the climate”), the earthquakes, the tsunamis, the nuclear power plant explosions (henceforth known as “the life”), or simple things (no pun intended) such as former presidents (henceforth known as the “Bush”), even when [...] Original Video- More videos at TinyPic Puerto Rican State Senator Roberto Arango is, of course, a Republican, which means he has to be anti-gay. Arango is so anti-gay and so disgusted by the acts of gays that he has to put his photographs up on gay site for gay dudes. How Republican of him. Gawker keeps on saying he’s a Puerto Rican Anthony Weiner. No. Weiner is a Democrat [...] CNN’s Anderson Cooper couldn’t keep it together during his Ridiculist segment tonight. It was about French actor Gerard Depardieu who is accused of urinating on the floor of a Paris-Dublin flight. During the pun-filled segment (“yellow journalism flushed from our memories”) Cooper lost it when he read the line about how the cleaning crew “should thank their lucky stars this wasn’t De-part-two.” “This has actually never happened to [...] by John Galtier “Fat” Tails To be clear from the start, the finance world is one of the most counterintuitive forums for intellectual discussion that has ever existed. The arena is touted as attracting the best and the brightest, while time after time, thought revolutions and advancements are borrowed from other fields, or worse, financial academia. “Rainmakers” are loath to admit that they do such things, but they [...] In an interview with Fortune magazine’s Nin-Hai Tseng, not only does the Texas doctor make it all too clear that he once again has presidential ambitions, but when asked whether he wants to end the Fed, gives the following brilliant reply: “Well, I don’t expect to. The Fed’s going to end itself when they destroy the system. So yes I would end the Fed but I [...] When asked by Stewart about the phrase, according to DealBook, Obama’s response was: “pun intended.”Obama finally found his place in life – on the Comedy Channel. To be able to laugh at yourself, is already a huge step forward. The Daily Show With Jon Stewart Over the years I have learned that I am usually too early on significant market moves. I have been talking about putting in a short-term low in stocks for a day or two, and trading to the long side. Today, I bought the stocks early, made a modest profit by not letting it go negative, then bought again lower, and got stopped out on that trade. Then, an hour into [...] A lot of people who used to live in their houses have to be living somewhere. They are either: 1. Still in the home which is in financial trouble In the case of option 1 above, as the economy improves these homes may move out of trouble and may never be sold. In the case [...] |
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