Are Conditions In Place For A Coal Stock Rally? [View article]
The Chinese real estate implosion is well under way and the government stated that they shifting their focus to stimulus. No need for stimulus if the economy is chugging along ...
Are Conditions In Place For A Coal Stock Rally? [View article]
The reality is that most traders over-react and exaggerate the importance of foreign markets. The European economy is far more susceptible to US economic gyrations than vice versa.
The US exports a far smaller percentage of its GDP than Europe.
And no, the US economy is strengthening. Look at credit growth, employment, the pick up in housing and another 100 variables.
The only good thing about traders is that the excessive volatility that they create in the market leads to some rather attractive inefficiencies in pricing.
Iceland is totally different from Greece. Neither corruption nor tax evasion are problems there. Moreover, the Icelandic population is much better educated than the Greek population.
I don't know of a single major German party that favors a Euro exit. The Social Democrats, who have won most of the regional elections, favor Eurobonds as part of a fiscal unity pact.
Natural Gas Gains May Evaporate In The Summer Heat: Positioning For The Long Term [View article]
Well, the buildups have been much smaller than in past years. You can graph the build up and it suggests that an inventory blowout is not going to happen. The market recognizes that builds up are relatively mild and that maxing out storage is not likely.
I am bit surprised the author is unaware of this trend. See the EIA reports.
Eurozone Exposures To A Greek Default [View article]
First of all, you can't make generalizations about the PIIGS. Both Spain and Ireland had huge real estate bubbles. Greece has resisted adopting an efficient social democracy model like Germany. Portugal is the same. The Italians have made reforms and will remain in the Euro.
Fear mongers should go away. They do not contribute to the situation.
Spain says it may have to once again revise its 2011 budget deficit upward. Spending by the four regional Spanish governments exceeded forecasts, driving up the national deficit for a second time. The government now projects a possible deficit that is equal to 8.9% of GDP, nearly three times the recommended maximum for nations using the euro. [View news story]
It has little to do with bureaucrats stealing money. The problem is that democracy often leads to politicians buying votes by either offering benefits in excess of tax revenues or tax cuts that reduce tax revenues without corresponding spending cuts.
Internet advertising is a hard business and the Facebook model is not as targeted as search. Since Facebook will probably not pay dividends, it will be an attractive short.
Spain: A Very Different Fiscal Crisis [View article]
Moreover, the US dollar is very strong against a number of currencies, including the EURO.
Spain: A Very Different Fiscal Crisis [View article]
In fact, the ECB has already violated its charter by buying Spanish and Italian and Greek bonds.
Are Conditions In Place For A Coal Stock Rally? [View article]
Are Conditions In Place For A Coal Stock Rally? [View article]
The US exports a far smaller percentage of its GDP than Europe.
And no, the US economy is strengthening. Look at credit growth, employment, the pick up in housing and another 100 variables.
The only good thing about traders is that the excessive volatility that they create in the market leads to some rather attractive inefficiencies in pricing.
Europe: 'Cuts Aren't Working; Let's Spend; Oh Wait' [View article]
Iceland holds no lessons for Greece.
Europe: 'Cuts Aren't Working; Let's Spend; Oh Wait' [View article]
How Germany Can Save The Euro [View article]
How Germany Can Save The Euro [View article]
No one who advocates a Euro exit for Greece can explain why the Greeks would engage in structural reforms. I doubt they would ...
How Germany Can Save The Euro [View article]
Natural Gas Gains May Evaporate In The Summer Heat: Positioning For The Long Term [View article]
I am bit surprised the author is unaware of this trend. See the EIA reports.
Eurozone Exposures To A Greek Default [View article]
Fear mongers should go away. They do not contribute to the situation.
Eurozone Exposures To A Greek Default [View article]
Eurozone Exposures To A Greek Default [View article]
Spain says it may have to once again revise its 2011 budget deficit upward. Spending by the four regional Spanish governments exceeded forecasts, driving up the national deficit for a second time. The government now projects a possible deficit that is equal to 8.9% of GDP, nearly three times the recommended maximum for nations using the euro. [View news story]
Much Ado About Nothing [View article]