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Yup, its looking like Nouriel's 15 minutes are up.

How Brian Wesbury even has a paying job is beyond me. This guy spent all of 07 and 08 screaming that there was no recession. Only when we started losing 500K jobs/month did he grudgingly admit there was a recession. Now he declares it over. Even if he's right, he's still an ass ... and he's...

Oil is a broken bubble. It will be years if not a decade or more before a true bull market begins. Will there strong rallies ... of course, but a new bull is way off. Look at a chart of NAZZ post 2000, or CSCO, or DELL, or EBAY or any number of old faves. Life goes on, the companies...

Long July NG today @ 3.40 :)

Can anybody find the rest of his appearance yesterday. All the clips I've seen just show him answering one or two questions. He surely must have been on the air for a longer period than that. Anybody who has been listening to Hendry for awhile or anybody that invests in his hedge fund KNOWS...

So some half-assed re company is saving $13K/year by buying coffee cups for $.03 less per cup. That's a lot of freaking coffee. I'm going to have to call BS on that one.

Freehold nice??? Last I checked, the place was a lower middle class, blue collar town that was close to being a slum. Of course that was 20 years ago. It also happens to be where Bruce grew up.

Euro charging ahead today ...

http://www.timesonline.co.uk/tol/comment/leading_article/article6115583.ece I don't like to short stock or stock index futures, so my trade is long June 2010 euro$ and June 2010 eurostering. Rates are going to stay lower for longer than anybody anticipates, so I will just ride the curve.

Were you the guy who made the "buy" call on US Bonds back in October/November? If I didn't say it then, that was a great f-ing call.

I guess he has some cred, but not once in his entire essay did he show that he understands the root of the problem - that the American citizen has too high of a debt level relative to assets. The solution would therefore be to offer nationwide debt relief or allow for a nationwide bankruptcy...

Check some of the dated diction in port's post. He clearly lifted it from some prognosticator circa 1930. Nice April Fool's.:D

I'd be interested to see if anybody can post Mike Mayo's latest. He came out w/a report today on the banks essentially calling BS on every lie and half truth uttered by that cracker hillbilly Ken Lewis and other bank heads in the last month. Mayo's got sell or underperforms on all the banks.

And yet Euro/$ still trades at 1.35. Something isn't adding up.

This is correct. Banks should perform this simple utility function and the pay of its top people should reflect it.

Combine this news w/600K more unemployed and the SOX will be up 4% today!

ECB "only" cuts 25bp today. US policy makers are geniuses compared w/their counterparts in Europe.

LOL. The UK economy is in a death spiral. Combine this fake news with the ECB"s move to "only" cut rates to 1.25% and you've got yourself a fine entry to re-short Sterling or the Euro (Euro in my case).

I'm not sure if things were worse in the early 80s (or mid-70s) or not. The massive difference is that those were fed-induced recessions to deal w/an inflation problem. Interest rates in the early 80s were in the high teens. Thus, there was the opportunity for massive stimulus via lower rates...

Uh, yeah. Other than at CNBC the "cult of equities" IS dead.