Guest: Steve Selengut and Andrew discuss the 5 Wall Street Demons as well as some of the fixations and omnitions that Wall Street has created as gospel. Steve spends some time talking with us regarding the professional aspects o mark-to-market as well as product addiction. We start this episode with...
Mattg Taibbi, author of the Human face sucking article about Goldman Sachs is once again taking on something big. Really Big. This time he is looking at the health care system in the U.S. and how it cannot be fixed…
Really?
(Listen to Matt and Andrew discuss Goldmana and Matt’s theories on...
Some of the more interesting and important items for August 18th :
China’s American Dairy Plans to Double Market Share by 2014, CFO Chou Says – ADY is choppy, but shos well on our list… Maybe time to look at again…
Don’t Be Fooled, Europe Won’t Recover Until 2013: Chart of...
Here is a quick and dirty look at two possibilities for the direction of the S&P 500. One shows a magnet toward 960, which would not seem impossible. The other shows that the top end on an intermediate basis may be close to 1060.
The 1060 is also the recent Goldman...
Interesting report out yesterday on the foreign holders of U.S. Treasury securities. In the last TDI PODCAST, Mish and I spoke about the reasons why China needs to continue purchasing U.S. assets. In other words, the fear over China stopping purchases and/or significantly reducing their holdings is unrealistic…. or is...
