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Can We Avoid Another Lost Decade? PDF Print E-mail
Written by Leo Kolivakis   
Monday, 16 August 2010

Michael Darda, chief economist, chief market strategist and director of MKM Partners, wrote an op-ed in the WSJ asking, Are We Headed for a Lost Economic Decade?:

Last Updated on Monday, 16 August 2010
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The Pause That Doesn't Refresh PDF Print E-mail
Written by Comstock Partners   
Thursday, 12 August 2010

The Fed tried to thread a needle and ended up satisfying nobody. They confirmed to all the doubters that the economy was indeed weak and that they really couldn't do much about it without resorting to completely untried and unorthodox measures with unpredictable results.

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What happens when you ARE the market? PDF Print E-mail
Written by Cam Hui   
Thursday, 12 August 2010

I see that the folks at US Commodity Funds, who brought us the tremendously popular ETFs USO and UNG, is launching an ETF that is designed to combat the return eroding contangoes observed in many commodity futures.

Last Updated on Thursday, 12 August 2010
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A Stupid Question PDF Print E-mail
Written by Garth Brazelton   
Wednesday, 11 August 2010

Where does the Laffer Curve bend?

My answer: Who gives a care.

The Laffer curve (or blob as I often call it in my econ class) is a dead concept (and has been for years).  There is no magic number.

Last Updated on Wednesday, 11 August 2010
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Bond Market 1, Stock Market 0 PDF Print E-mail
Written by Cam Hui   
Monday, 16 August 2010

Recently some have observed that the US stock market and bond markets have rallied together - an unusual condition. The Economist/Buttonwood blog wrote:

This reminds me a bit of the late 1990s when, as a tech sceptic, I wondered why the stockmarket kept surging to stratospheric valuations. Whatever the headlines the market went up. Good news on the economy meant profits would be strong while bad news meant that central banks would cut rates, and thus profits would eventually be strong.
Last Updated on Monday, 16 August 2010
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The Fed didn't announce QE2 PDF Print E-mail
Written by Rebecca Wilder   
Thursday, 12 August 2010

CNN published an op-ed piece by Keith R. McCullough at Hedgeye (h/t to my Mom). He argues (not very well, I might add) that QE2 is the doomsday scenario for "markets".

Last Updated on Thursday, 12 August 2010
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Could commodity prices be in for a downdraft? PDF Print E-mail
Written by Cam Hui   
Thursday, 12 August 2010

Several months ago Gluskin Sheff chief economist David Rosenberg pointed out that the Shanghai stock market appears to lead commodity prices by about four months.

Last Updated on Thursday, 12 August 2010
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Did The Fed Blow It? PDF Print E-mail
Written by Leo Kolivakis   
Wednesday, 11 August 2010

Kristina Peterson of Dow Jones Newswires reports in the WSJ, US Small-Cap Stocks Plunge As Investors' Economic Anxiety Climb:

Last Updated on Wednesday, 11 August 2010
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