Trader alert: A “runaway” move in stocks could be happening now
“All the pieces are starting to fall into place…”
We are now at the point in the bull market where traders think that stocks are bullet proof. Back in December, I warned this was coming.
I said at the time that this round of QE was going to be different. That it would have a much bigger effect on the market than [...]
When most people think of “Big Brother”, they think of the FBI, the CIA, the NSA, the Department of Homeland Security and other shadowy government agencies. Yes, they are definitely watching you, but so are many big corporations. In fact, there are some companies that are making tens of millions of dollars by gathering every shred of information about all of us that they can and selling it for [...]
The Young Turks
March 7, 2012
Via Glenn Greenwald of Salon.com: “In a speech at Northwestern University yesterday,Attorney General Eric Holder provided the most detailed explanation yet for why the Obama administration believes it has the authority to secretly target U.S. citizens for execution by the CIA without even charging them with a crime, notifying them of the accusations, or affording them an opportunity to respond, instead condemning them to death [...]
February 6, 2012
Bernanke’s recognition of his penalizing savers with low rates as an ‘issue for people’ sparked an interesting note from the WSJ on how sensible and stoic savers are being herded (unsafely) into risky investments. Bernanke’s insistence that “our savers collectively have to hold all the assets of the economy and a strong economy produces much better returns in general” must be juxtaposed with comments from a money manager that “I [...]
News International Chief Executive Rebekah Brooks has agreed to give evidence to MPs over the phone hacking scandal next week, it was announced today.
But the Commons Culture Select Committee has issued a summons to media mogul Rupert Murdoch and his son James after they said they were not available to attend the session.
The younger Murdoch had offered to [...]
At least that’s the conclusion one must draw from the fact Fox News is keeping her on the payroll.
In the last week, with no Donald Trump to obsess about, the media has returned to its ‘Palin for president’ speculation.
Spurred on by news that Palin has purchased a house in Arizona (also where daughter Bristol is attending school), an upcoming documentary that will premiere in primary hot state Iowa, [...]
Yes, folks, Uncle Warren has a bad case of denial. Remember, not too long ago Buffett was calling derivatives “weapons of financial mass destruction.” And yet, there he was on stage at his love fest last week defending Wall Street’s most toxic companies, trapped in denial, defending the greedy culture that got America into its current mess:
Praising Moody’s “business mode,” and by inference all rating agencies that blindly rubberstamped Wall [...]