Market Shadows Update

The Virtual Value Portfolio and Virtual Put-Selling Portfolio have been updated.

Try Phil’s Stock World’s newsletter Free. And visit Talk Markets.com.  Talk Markets is an [Continue Reading]

Bill Ackman’s Big Pharma Trade: The Drama Doesn’t Stop

If you’re following Valeant’s proposed takeover (or merger) of Allergan and the lawsuit by Allergan against Valeant and notorious hedge fund manager William Ackman, for insider trading this is a must-read article. Linette Lopez describes the roles played by key Wall Street hedge fund managers–Jim Chanos, John Paulson, and Mason Morfit, a major shareholder in Valeant. Linette goes through the conflicts, positions of [Continue Reading]

Goldman Sachs: Blame the Stock Market Sell-Off on the Buyback Blackout Period

Goldman Sachs Blames the Stock Market Sell-Off on the Blackout in Buybacks

Would you think a slowing of corporate buybacks would launch the market into correction mode? Goldman Sachs’ David Kostin thinks so. He notes that open-market [Continue Reading]

Falling Energy Prices: Sober Look Takes a Sober Look

Falling Energy Prices: Sober Look Takes a Sober Look

What do falling energy prices mean for the US consumer? Sober Look writes a brief yet thorough overview of the consequences of the correction in the price of crude oil. There are [Continue Reading]

Big move for vol of vol

Big move for vol of vol

(October 17, 14)

Courtesy of SoberLook.com

Staying with the volatility theme, the latest jump in VIX was clearly dwarfed by what we saw in 2008 or even in 2011. However that’s not true for [Continue Reading]

Free Market Response to Ebola

Courtesy of Mish.

In response to Obama's Lame Response to Ebola; No Protocols but Lots of Fearmongering one person responded that I was "over-cooking the Ebola crisis".

Amusingly, another reader accused [Continue Reading]

5 Things To Ponder: “Buy” or “Run”

Courtesy of Lance Roberts of STA Wealth Management

This past week investors took a blow from a sharp selloff in the financial markets. I have spilled quite a bit of ink in recent months discussing [Continue Reading]

Europe’s Fatal Flaw Laid Bare For All To See. Again.

Courtesy of The Automatic Earth.

 


Marjory Collins Carpool for 3rd shift defense workers, midnight, Baltimore April 1943

 

Da markets today sort of refound their – shaky – feet, oil up a dollar, EU exchanges up [Continue Reading]

Apple SIM Card For iPad Air Announced

Apple SIM Card For iPad Air Announced

By  at Business Insider

Apple didn't just unveil its new iPads on Thursday — it announced a separate, less advertised product that [Continue Reading]

Irony of the Day: Yellen Moans About Income Inequality; Seven Things That Cause Inequality

Courtesy of Mish.

Those seeking the irony of the day will find it comes straight from the mouth of the Fed Chair. Please consider Janet Yellen Bemoans Rising US Inequality.
Janet Yellen decried rising inequality [Continue Reading]

Bed, Balls and Beyond…

LOL, Couldn't help posting this picture.

?

(Source)

Democracy In Action

Courtesy of Tim Knight from Slope of Hope

This is a riot: watch the gubernatorial debate in Florida as [Continue Reading]

Deflation Flirts With America

Courtesy of Raul Ilargi Meijer at The Automatic Earth

 


Jack Allison Street scene, New York City Summer 1938

 

“When it becomes serious, you have to lie,” said brand-new EC head Jean-Claude Juncker back in May [Continue Reading]

Zero Hedge: Janet Yellen Talks Inequality, Gives Advice

Check out these charts before you read the ZH article. They show that the great increase in wealth is shared within an even smaller circle than the top 1%. The gains have been for the top 0.1%:

Source.

If you do not have wealthy parents, the remaining paths [Continue Reading]

Single-Family Housing Permits Drop To Lowest Since May, Starts Rebound Due To Rental Unit Increase

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

September was another month in which US single-family housing starts stagnated, and permits declined But there was a strong rebound in both permits and starts for multi-family housing, aka rental housing.

At the [Continue Reading]

Facing Down The Narrative Fallacy

Facing Down The Narrative Fallacy

Courtesy of Tim Richards of PsyFi Blog

Frenzy Time

Markets are tumbling. It's because the Fed is about to push up interest rates. Or maybe because the German economy [Continue Reading]

Meet The Proposed Tax That Could Crush High-End NYC Real Estate

Courtesy of Michael Krieger of Liberty Blitzkrieg

In July, I published a post titled, Introducing Ghost Skyscrapers – NYC Real Estate Goes Full Retard, in which I highlighted many of the [Continue Reading]

Greece 10-Year Bond Yield Soars to 9% as Prime Minister’s Gambit Explodes; Snap Elections Likely, and Opposition Syriza Would Win

Courtesy of Mish.

In the last three days, yield on the Greek 10-year government bond soared from 6.6% to over 9% before settling at 8.917%.

Prime Minister Antonis Samaras’ Gambit Explodes

Greek bonds yields had already been climbing [Continue Reading]

3 Things Worth Thinking About

Courtesy of Lance Roberts of STA Wealth Management

Deflation

The recent market contraction should not be as much of a surprise as it has been.  First, the markets were long overdue for a correction after an extremely long and unbroken run. Secondly[Continue Reading]

Mapping The Battle Of The Bulge: Russia’s War Against McDonalds

Mapping The Battle Of The Bulge: Russia's War Against McDonalds

Courtesy of ZeroHedge

Since Russia [Continue Reading]

Wal-Mart Guidance

Wal-Mart Bores Analysts For 6 Hours At Analyst Day — And Then Suddenly Cuts Its Outlook

Courtesy of [Continue Reading]

Inconceivable

Courtesy of Lance Roberts of STA Wealth Management

Just recently one of the greatest fairytale movies ever made, “The Princess Bride” had its 27th anniversary of its release. If you have never seen the movie, you are missing one of the greatest classic adventure tales ever [Continue Reading]