Geithner heads to Europe as debt fears mount | Reuters
Although nothing goes up or down in a straight line we do feel that the Euro dollar's long superiority over the U.S. Dollar has come to an end. By Jan Strupczewski and Glenn Somerville…
It's all macro now
You are either long or short the market, long or short gold, oil, everything is correlated. Stock picking is practically dead. If I had to call it, I'd say we've entered a bear market end of April…
How Dodd-Frank Fuels Economic Fear
Since Barack Obama took office, $38 billion in new major regulations have been introduced, imposing an unprecedented burden on businesses, according to last month’s report by the Heritage……
Massive Default Is Best Way to Fix the Economy
You want to fix this economic crisis? You want to put people back to work? You want to light a fire under the economy? There's a way to do it. Fast. And relatively simple. But you're not going to…
Italian Yields Jump as Papandreou Fights to Skirt Default
Sept. 12 (Bloomberg) -- Italian bond yields surged at an auction today and Greek Prime Minister George Papandreou failed to reassure investors that his country can avert default as the euro region’s…
Girding for Post-Buffett Era, Berkshire Adds Fresh Investment Manager
NEW YORK—Warren Buffett plucked a second little-known hedge-fund manager from obscurity to handle a portion of Berkshire Hathaway Inc.'s investment portfolio. The selection of Ted Weschler, managing…
Stock Market’s Sharp Swings Grow More Frequent - NYTimes.com
Market Swings Are Becoming New Standard By LOUISE STORY and GRAHAM BOWLEY Published: September 11, 2011 The stock market just can’t seem to make up its mind. Enlarge This Image Paul Taggart/Bloomberg…
Market turmoil lands hedge funds with big losses - FT.com
Market turmoil lands hedge funds with big losses By Sam Jones Not for the first time, the hedge fund industry has failed to live up to its name. In a month that has seen equity markets around the…
Correlation of US stocks highest since 1987 crash - FT.com
Correlation of US stocks highest since 1987 crash By Telis Demos in New York The correlation between the movement of big US stocks is at the highest level since Black Monday in 1987, with price moves…