All Posts Tagged With: "Wall Street"

Commodity Trading

It’s a Wild World

Well another week of wild trading has left many on Wall Street bruised, battered and not sure what to think. Is the oil bubble bursting? Are commodities and resources heading lower? No one can say for sure, but this…

22Jul2008 | Whiskey and Gunpowder | 0 comments | Continued

Global Investing Roundups

Oil Over $143; GM Falls to 54-year Low; Starbucks Closes 600 Stores; Nikkei Post 10th Straight Loss; United Health Lands in the Emergency Ward; 900 American Flight Attendants on Standby; Blockbuster Abandons Bid; Microsoft at it Again;

Crude futures closed…

3Jul2008 | Money Morning | 0 comments | Continued

The Limited Shelf Life of Dollar Fruit

Today, we’ll keep it short and sweet.

The Dow managed only a piddling 32-point rise yesterday; still no recovery from last week’s big losses.

Oil rose another $1.30 - to close over $141. Gold jumped $16; it will now cost you $944…

3Jul2008 | Daily Reckoning | 0 comments | Continued

The Fraud of the Great Moderation

The beat goes on - one sector gets pumped up…and then it gets whacked.

Jim Cramer says he’s never seen anything like it…

Not the crash of Drexel Burnham Lambert in the ’80s…not the Asian currency crisis…not the LongTerm Capital Management blowup…not the…

25Jun2008 | Daily Reckoning | 0 comments | Continued

Election 2008: The Achilles’ Heel of Obamanomics

Presidential hopeful, Barack Obama, recently told The Wall Street Journal that he intended to lift the United States out of recession through a burst of government spending on infrastructure and a venture capital fund for the new energy sector.

Obama has…

19Jun2008 | Money Morning | 0 comments | Continued

Buyer Beware: Why You Don’t Want to Buy What Wall Street Banks Are Selling

Imagine that you’re the investment director for one of the new sovereign wealth funds (SWFs). A very important guy - you get to invest several hundred billion dollars, with far fewer committees and shareholder interest groups harassing you than if you…

18Jun2008 | Money Morning | 0 comments | Continued

Comment on the Greenspan Era

This from the 5min Forecast:

P.S. “Greenspan blamed the era of low interest rates over which he presided,” Addison writes by e-mail this morning, “on the end of the Cold War and the fall of the Iron Curtain.” We didn’t get…

10Jun2008 | Energy and Oil | 0 comments | Continued

A Currency Conundrum: Beware of the U.S. Dollar’s “Head Fake” Rally

Don’t mistake the U.S. dollar’s recent rally for strength. If anything, it’s a head fake of legendary proportions.

In fact, the dollar’s recent run-up is actually a warning that risks are escalating.

To better understand what I mean here, let’s look at…

8May2008 | Money Morning | 0 comments | Continued

Bernanke and His Merry Men Rob Wall Street to Pay off Main Street

Those who were blindsided by the recent financial meltdown are now loudly blaming the “free market” for its failure to police its own excesses, and are calling for greater regulation to prevent future disasters. But for those who clearly observed…

8Apr2008 | Money Morning | 0 comments | Continued

Wall Street - Stop Whining for Rate Cuts!

I don’t know about you, but the Wall Street whining has got to stop. They continually beg for interest rate cuts only to punish the market when the Federal Reserve Chairman, Ben Bernanke, finally taps out and gives into their…

29Jan2008 | Stephen Oakes | 0 comments | Continued