This shouldn’t surprise anyone, hat tip The Big Picture.
Monday, October 31, 2011
Friday, October 28, 2011
JP Morgan and Citi call in sick, dogs don’t bark at parked cars.
Thursday, October 27, 2011
VC? All the cool kids are doing it. If you’re over 40, you’re over the hill.
Wednesday, October 26, 2011
Fact, it will cost you $75 to close an IRA account at Bank of America. What’s the mystery here?
Tuesday, October 25, 2011
Elizabeth Warren sends the political establishment to DEFCON 1, why is she so scary?
Monday, October 24, 2011
The Volcker Rule again points out the flawed wirehouse business model, clients should be paying close attention.
Friday, October 21, 2011
The Class of 2015 has a very different perspective than you do. Also, 40 is not old.
Thursday, October 20, 2011
Is Bank of America going out of business?
Financial Sense puts some boots on the ground with the Occupiers, is anyone listening?
Wednesday, October 19, 2011
More tax dollars wasted on a bad business model. We’ve seen this movie before.
Tuesday, October 18, 2011
Investment News reminds us “Buy and Hope” is not an investment strategy.
Friday, October 14, 2011
Iran plot against the Saudi Ambassador visiting the U.S. goes nowhere. This isn’t over.
Tuesday, October 11, 2011
The bond market is telling us something is wrong, another recession now a distinct possibility.
Monday, October 10, 2011
Thursday, October 6, 2011
I think the following chart, from Google Trends is very interesting. As seen below I keyed in the word “recession” in Google Trends to try and tap into investor sentiment through the means most people use now, the internet. Interestingly enough as we see below during the depths of the credit crisis and market plunge of ’08 that bottomed in ’09 the word recession was actively and consistently search for. Subsequently as the market improved and things got better the amount of searching for the word “recession” tapered off dramatically.
Remember investors, generally speaking, are reactive and not proactive, thus searches tend to peak during extreme periods of panic/interest. That said we think given the amount of sell-off the market has recently endured there are a relatively low amount of searches for the word recession. This suggests to us investor complacency/apathy which isn’t something we correlate (from a sentiment perspective) with a solid market trough.
Please note: The letters on the chart below represent highly read news stories and aren’t paramount to the point we are trying to make.
GM endorses split-cycle technology, Scuderi firmly in the driver’s seat.
Wednesday, October 5, 2011
Kyle Bass hits the mark, again.
This just in, Wall Street firms likely cutting staff. Damn shame about that Titanic.