February 2009
24 posts
January 2009
24 posts
WatchMr President should be focused on other things. While I agree that there needs to be restraint on the part of Wall Street, especially given the situation we’re in, clawing back a few billion dollars in bonuses does nothing for the health of the economy and only fans the coals of a populist message. The Democratic Congress will be pushing hard for these useless (ok, maybe not if you’re...
via bijan
Hey, Snow White - The New...
What can we learn from netbooks?
The “netbook” concept was introduced a number of years ago—probably a little ahead of it’s time. Given the cheaper and more powerful components available, I think it may stick this go-around. At $300-$500, it becomes very accessible if you are looking to add some mobility.
Another trend gaining momentum is the set-top box. Apple tried it, along with the Windows Media PC,...
“The bottom line is that if someone tried to make the case that you could ride...”
– Gregor.us
The Last Bubble?
I’m not exactly sure what this is telling us, other than that a battle between traders (central banks?) attempting to unwind their UST/USD positions and the US Govt attempting to push down rates will be shaping up. This may, in fact, be a warning shot signaling the end of a multi-decade bull market in Treasuries. The inflation theme was rampant up until July 2008, and now for the last 6...
High Level Observations
About two weeks I commented that I would be in wait-and-see mode with regards to the S&P. This has been a great market for day traders, which I am not. Nothing has changed much in my strategy, even as we continue to melt down. The 800/840 level is developing as a battle ground for the next move and I will likely jump on that trend for a short ride, no matter which way it happens to go. I...
Lack of substance
I’ve been terrible at adding anything of great substance here over the past week or so. Interesting (to myself at least) that I have been spending more of my time following twitter-generated content.
Cross Border Money Flow →
Some great charts and analysis on the demand for long-dated US Treasuries.
“The problem is the Velocity of Money. There is just no way of knowing when the...”
– John Mauldin
“While I always hesitate to predict the future, I think there’s a good chance the...”
– Howard Marks, Oaktree Capital
Portable Bike Lane →
2009 Thoughts
We’re only 12 days into the new year and are already starting to feel a little uneasy. Generally, however, we’ve just been treading water over the last two months in the 850-950 range. The moderate rally I called for on the 20th materialized somewhat, but never made the 1000 target I was looking for. That means I’ve remained almost entirely inactive, waiting for a better...
Hype Machine Zeitgeist →
If you’re looking for new artists, check it out.
via fred-wilson
Old Shit/New Shit - Eels -...
Annotated History of the 10yr Treasury →
Why Early Detection Is the Best Way to Beat Cancer →
