Guests: Professor Charles Nenner and Jon Markman. This episode starts with a look back at the week and then into the future with Professor Nenner. His expertise in market cycles helps to provide an explanation as to why the S&P 500 is going to 500… Yes, 500. We then move...
Month: August 2011
Aug 28, 2011
The economy is so bad that I got a pre-declined credit card in the mail
CEO’s are now playing miniature golf. Exxon-Mobile laid off 25 Congressmen
Angelina Jolie adopted a child from America
Motel Six won’t leave the light on anymore
A picture is now only worth 200 words
Aug 26, 2011
Here is the skinny: There is a good deal of short-covering today. Of course buyers are excited that the green lights are shining on the board, but let’s also realize that the levels today are simply a return of what was lost yesterday.
With the market consolidating, there may be some...
Aug 26, 2011
GDP revision day! Estimates are for 1.1% for the 2nd quarter. Not what anyone would call gang-buster growth.
First a couple of historical charts. As can be seen, the growth for the U.S. is sloping lower.
Components of GDP and Trend
Dispersion of estimates
Summary of estimates
Aug 25, 2011
Some of the more interesting and important items for August 25th :
Bonds Are Most Expensive Since Lehman Collapse Versus Stocks: Japan Credit – Bloomberg – Japanese bonds are the most expensive relative to local shares since the collapse of Lehman Brothers Holdings Inc. amid growing doubts that companies‘ earnings will...