Tag Archives: markets

Three Banks to Rule the World

The winners of the global financial turmoil look to be three American ‘superbanks’: JP Morgan Chase, Bank of America and Wells Fargo. The institutions have all grown to occupy such a predominant position in the marketplace, that all three recently … Continue reading

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The SEC doesn’t get the short end of the stick

If they did, then they wouldn’t have banned short selling. People may have noticed that the ban hasn’t helped, and today we see one of the real costs. See, when markets collapse like today, short sellers dive into the market … Continue reading

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Short of Wisdom, Common Sense and a Grasp of Reality

The hedge fund industry is feeling gloomy, and so is Mayfair. Meanwhile our government is considering following London’s lead and making their lives even more difficult, by banning short selling for a while. Yep, Fannie would have been just fine … Continue reading

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Talk about your free markets

neatorama“We live in a capitalist society,” she tells us. “Why shouldn’t I be allowed to capitalize on my virginity?”  Is this a hoax or just free markets?

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Mixed Economies: Efficacy Without Moral Narrative

(photo: Ian Murchison | website) The nationalization of Fannie & Freddie is often presented as a crisis of faith for the political right, due to its manifest incompatibility with the advertised belief in the “free market.” However, Sunder Katwala at … Continue reading

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Black Signs at the Exhibition

The IMF has come through for Georgia in an enormous way, approving a $750 million credit line for the beleaguered republic. Beyond the much needed aid, it’s a powerful political reminder for Russia of the gargantuan economic advantage the West … Continue reading

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The Saddleback Effect

Astute Bloggers Let’s see if this pans out. It would be a big lift for McCain. I wonder if InTrade will react?

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Eager to Invest in an Emerging International Pariah?

Russia suddenly has an investor confidence problem. Can’t imagine why.

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The Tidal Empires of War

(photo: Charles Roffey – Charles & Fred) Someone once said that in Damascus you truly can get a little bit pregnant. It’s a good aphorism, because if you asked the foreign minister of almost any state in the Middle East … Continue reading

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Are we in a recession yet?

Personally I think we have been negative since November. Given the large positive number in the third quarter, the barely above break even number in the fourth quarter virtually guarantees that the economy went negative sometime in November and December. … Continue reading

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Money Honey Memories

Horrible audio and video quality, but here’s Joey Ramone performing Maria Bartiromo live. Joey would be dead six months later, but the financial industry and markets he celebrated and loved live forever. You can download a high quality version of … Continue reading

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Overseas Markets Plunge Again

From the New York Times: Heavy selling hit each Asian and European stock market as soon as it opened. Some of Asia’s easternmost exchanges, which had closed on Monday before the sharpest declines occurred in India and then Europe, suffered … Continue reading

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