Barry Ritholtz over at thebigpicture.com is great. Here is a post from today explaining how even though rates were lowered yesterday the market is down today on inflation fears. In Barrys typical fashion he lays out several reasons and warning sig

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This post outlines why Bernanke fights the battle on the wrong front and why it will cause him to loose the war.

The majority may not care about what Bernanke does but everybody will see the effects of his decision making and may be impacted by them one way or the other.

Is there anything that you can do about it?

No,

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The major headline may have been the rise in the price of oil to almost $120 per barrel but the majority simply favors to ignore the negative news and continue to hope and expect that everything is just fine. Sooner or sooner reality will set in and the markets will collect fines for the ignorance.

Supply-Demand has nothing

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According to the Fed there is no inflation problem (but of course they live in a world where food and energy has no impact at all on your life) and many investors hope for more rate-cuts to come.

What they seem to ignore is that every rate-cut has more of a negative impact on the economy that the positive impact hoped for. I

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You have to ask yourself the following question:

When is enough enough?

The Fed is clearly on the wrong path and Bernanke makes one bad decision after the other. It is about time for someone to have mercy on the economy and the consumers and stop Bernanke (it may be already to late for that).

What has the economy, the

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Thursday saw a sharp rally on Wall Street but the rally had a bearish touch to it while all economic reports released pointed towards a (severe) recession. False hopes, expectations and ignorance will not solve the problems the economy faces.

The majority hopes that the rate-cuts will have the positive economic impact that w

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This post gives a (somewhat long) review of what influenced global equity markets today and gave the economic reports of the day a quick look.

What happened this week was probably a bit too easy to predict but the majority seemed to be surprised which is another reason why false optimism and ignorance will always cause you t

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This post briefly details the four economic reports released yesterday and 'decodes' the message send by those reports to market participants. There is no doubt among the 'sophisticated players' in regards to the state of the economy, equity markets and consumers but the majority insists to be ignorant about the subject...a

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This post takes a look at the retail sales report from Thursday (among a few other things). Most idiots really bought into the sales pitch that retail sales were stronger than expected but what would you expect from individuals who can't tell the difference between the male and female reproductive system?

To chase an illusi

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Today's trading day was a great finish to a great week and may have marked the end of the bull rally in this young, strong and healthy bear market. Today offered yet another example of ridiculously high earnings expectations, aka ignorance, and how expensive it can be.

Another important economic report released today clearl

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Cheap goods from countries like China have an expensive price. Right now we are paying that price through our loss of jobs and the increasing safety risks of imported goods.

But, who really should pay that price? If US corporations are experiencing increasing profits, is it right for us to pay the price for their profits?

Who should pay

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Our economy has been dependent on cheap oil since we first started buying it from foreign sources. We have become accustomed to a standard of living made possible by cheap and plentiful oil–a standard that almost no other country in the world enjoys.







Have you noticed that “organic” and “green” have now become

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A quick recap of the past two trading days and the successful completion of the bear mission all week long. The Bank of England and the European Central Bank once again displayed their supremacy in regards to knowledge of the economy and monetary policy which is a contrast to the Federal Reserve.

The BoE and the ECB follow a

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Equity Markets surged from the first second the markets opened until the last second markets closed. The reason behind today's rally was 'More leakage from the 'Septic Tank'.

The bulls clearly were in control all day but one thing market participants need to keep in mind is that a wounded animal (in this case the Bear) i

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The short stampede of the bulls was crushed by the re-surging bears. Bulls ran and ran but once the bear woke up by the noise and roared the bulls ran for their life (Ben should have not fired at the bears and wounded them...now they seek revenge).

Spitzer resigned, fell hard and Wall Street cheered while the ever-lasting lo

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Inflation continued to surge higher and the continued ignorance on headline inflation reached a pathetic point. The vast majority (of the worst professional investors...the entire mutual fund industry) focus their attention on core inflation and argue more for more rate-cuts.

Energy and Food, which are excluded from core inf

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