Month: August 2010

3 Reasons We Are Staying Away From Most Banks

1. Do we need to say more about the housing market? It is in a shambles and not looking like it will be picking up anytime soon.

2.Bank’s profitability is in serious question. There is so much that can be made at the current yield curve.

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China Cuts U.S. Treasury Holdings – Big Time !

While U.S. Treasuries are in hot demand, it appears that some of the largest holders are scaling back. China, in particular.

Looking at the total data may show that back in December 2009 there was a great in both dollar and percentage terms, but the biggest sell-off came at the longer...

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Rosenberg – Video: Economic Cycle of Uncertainty

Uncertainty, Confusion and HUH! Here we go again…

While they may be right, isn’t a bit spooky that when the market comes down, the media brings out all of the bears and dommsayers. I just read another article by Robert Prechter who is looking for the S&P 500 to...

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Links and Reading for August 17th

Some of the more interesting and important items for August 17th :

Which Way is The “Smart Money” Going? –
Japan Cannot Allow Yen to Appreciate – Policy Action Awaits –
J.C. Penney Lowers Profit Forecast, Citing Consumer Outlook – Seems to be a continuing saga…
Consumer Prices Rise in U.S.,...

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Japan Cannot Allow Yen to Appreciate – Policy Action Awaits

For Japan, there are billions of reasons that the rise in the Yen needs to be stemmed. Most recently, Toyota and Honda announced that they would be working at a deficit if the yen were to appreciate to $85/dollar.

From Bloomberg today:
“It is apparent that the Japanese authorities will step...

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