Deutsche Börse-NYSE Deal Moves Ahead

BY ULRIKE DAUER FRANKFURT—German exchange operator Deutsche Börse AG Wednesday said more than 95% of shares had been tendered in favor of its planned tie-up with NYSE Euronext, removing a major…


ReInventing the American Dream, Abroad!

The late George Carlin, the outspoken and controversial comedian and modern day philosopher, said it best: "The reason they call it the American Dream is because you have to be asleep to believe it."…


It is a warning flag if the market is not responding to data correctly.

Prices move before fundamentals.  It is a warning flag if the market is not responding to data correctly.  This is one of the cardinal rules I write about in the Investment Survival Guide.  I don't…


Minding Miners' Beta and Leverage

Even though U.S. politicos appear ready to reach an agreement on the debt-ceiling front, the fiercely polarized debate has introduced uncertainty into what was previously thought to be an obligation…


I hope I can get a way with reposting this good stuff from Barrons

Barron's(8/1) Stumbling To The Halfway Mark (From BARRON'S)    By Vito J. Racanelli The Standard & Poor's 500 Index managed a respectable 6% total return in the six months ended June 30, but that…


10 reasons why stocks should go up

          The news is pretty depressing.   The economy is slowing, the country is bitterly partisan, and the market has been down several days in a row.  The VIX reflects…


‘Magic Trip’ Reconstructs Footage From Ken Kesey’s Bus Trip - NYTimes.com

Maybe I've drunk the Kool-Aid but I found a lot of things to buy today.  We went from about 10% invested to 100% invested today and short gold.   Our  historic average hold time is about 7 days but…


Sea Change in Map of Global Risk

With Crises Shaking Confidence in U.S. and Europe, Investors Turn to Debt of Emerging Lands The black-and-white borders of the bond market are graying. As the pristine credit rating of the U.S.…


Fed Readies Guidance for Banks in Event Aug. 2 Deadline Missed

July 29 (Bloomberg) -- The Federal Reserve is preparing guidance for banks in the event the U.S. debt limit isn’t raised and the Treasury Department runs out of money to pay all of its bills, a…