Saturday Readings
May 30, 2009 by admin · Leave a Comment
Commercial Real Estate – The economy’s anvil (Time) First ever global housing-led recession (Dr Housing Bubble) Ralph Nader: Obama’s GM plan looks like a raw deal (WSJ) GM bondholders near deadline to accept equity plan (Reuters and NYT) Niall Ferguson: how economists can misunderstand the crisis (FT) The inefficient capital markets hypothesis (Credit Slips) My [...]
Technical Hurdles to the Upside
May 17, 2009 by admin · Leave a Comment
Just looking at things objectionably, the Bulls perhaps are letting the market slip away a bit. A 5 day downtrend is now in place. Bullish daily sentiment was at a 2007 Oct peak. There are many ways to count this move down as I have thrown up just about every possible way it can go [...]
Weekend Reading
May 10, 2009 by admin · Leave a Comment
Must-watch panel from Milken conference: Milken, James Walker, Steve Tananbaum, Stephen Nesbitt, David Malpass (Milken Institute) Words from the (investment) wise (The Big Picture) An offer you can’t refuse (Economist) The credit card squeeze (NYT) Vanishing credit lines for consumers and small businesses (GEA) Chavez seizures fuel Venezuela oil fears (FT) O’Connor, Volcker, Levitt main [...]