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    The Credit Crisis Financial Stocks Short Journal

    A very interesting story about a innocent man getting out of jail by becoming his own lawyer http://online.wsj.com/article/SB10001424052702304023804575566201554448476.html?mod=WSJ_hp_LEFTTopStories
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    The Credit Crisis Financial Stocks Short Journal

    Its on my bookmarks, yes I saw that there initially
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    The Credit Crisis Financial Stocks Short Journal

    Interesting inflation research http://www.clevelandfed.org/Research/commentary/2010/2010-2.cfm The 'sticky CPI' continues to be quite low http://www.clevelandfed.org/research/trends/2010/0910/01infpri.cfm?WT.oss=sticky%20cpi&WT.oss_r=236
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    The Credit Crisis Financial Stocks Short Journal

    Median CPI and 16% trimmed mean CPI better predictors of future inflation than CPI http://macroblog.typepad.com/macroblog/2006/04/why_we_focus_on.html Both measures are currently at cycle lows http://www.clevelandfed.org/research/data/us-inflation/mcpi.cfm Hard to see much inflation in 2011
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    The Credit Crisis Financial Stocks Short Journal

    Its amusing to see people taking comfort on the muni market using historical data that says that munis had a very low default rate. Its like they learned nothing from the US home price collapse
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    The Credit Crisis Financial Stocks Short Journal

    Bernanke Q&A a time.com "Would it be beneficial to the economy if I created new dollars out of thin air whenever I wanted? If it isn't good for me to do it, why is it good for you and the Fed to create new money at whim? —Jonathan DuPree, MARTINSBURG, W.VA. The Federal Reserve is buying...
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    BZF Today

    Why this ETF is set to plunge today?
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    The Credit Crisis Financial Stocks Short Journal

    Private inflation numbers are tracking the CPI http://www.slate.com/id/2278623/
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    The Credit Crisis Financial Stocks Short Journal

    The Fed is now facing the consequences of having mislead the markets about their QE2 intentions of 'lowering interest rates to boost employment and inflation', I always doubted that story, it wasn't high rates or high UR that got them to act. Matter of fact it if you look at the data it was a...
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    The Credit Crisis Financial Stocks Short Journal

    Evidence that is IS different this time with regards to regulations, business always have to deal with uncertainty of law making but this time they have to do that more than usually http://noir.bloomberg.com/apps/news?pid=20601110&sid=ag53TU5k3TiQ And with regards to the Fed paper, its the...
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    The Credit Crisis Financial Stocks Short Journal

    http://www.clevelandfed.org/research/commentary/2010/2010-18.cfm Home price declines affect small business lending
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    The Credit Crisis Financial Stocks Short Journal

    Hatzius has an interesting article on Barrons http://online.barrons.com/article/SB50001424052970203319504576019693041431216.html?mod=BOL_twm_fs "Annual drops of 1% in unemployment are rare events in the U.S. economy and are unlikely to occur in the immediate future, given current economic...
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    Modern Monetary Theory - How the US Government really pays for things

    I debated a chartalist on his claim that 'QE is a non-event' that the Fed would fail to create inflation and the solution was expansionary fiscal policies. I cracked his arguments one by one(he started with the typical 'the money will just endup as excess reserves at the Fed, which is not...
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    Offshore account for tax-free compounding?

    Here's why this is complicated http://en.wikipedia.org/wiki/Controlled_Foreign_Corporation
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    The Credit Crisis Financial Stocks Short Journal

    Its funny, facebook revenue seems to have come around $2-3B this year, meanwhile the valuation estimates is running around $30-60B. And Twitter is in a similar situation, if you think about it it seems completely rational for tech stocks to trade at 'unreasonable' multiples, given that they are...
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    Bernie Madoff's Son Found Dead

    Mark Madoff did not read the exposes since Harry Markopolos went through get effort to keep them private between him, the SEC, some journalists and a few other people
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    Picower estate to hand back Madoff billions

    Its on Picard's interest to exaggerate the situation
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    The Credit Crisis Financial Stocks Short Journal

    The Fed's move to cap debit card fees is a joke. All of the sudden they like price controls which they know don't work, one way or the other the companies will get their money, I suspect they will just start some kind of monthly fee for all cards
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    The Credit Crisis Financial Stocks Short Journal

    M2 growth slows some more. If I'm correct the bump over the last few weeks was a head fake and growth will go back to being weak http://barrons.econoday.com/byshoweventfull.asp?fid=442298&cust=barrons&year=2010#top As deleverage continues this would force the Fed to finish QE2 and possible...
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    The Credit Crisis Financial Stocks Short Journal

    I dont understand Dennis Gartman when he says he likes 'to buy gold in euro terms not dollar terms'. He is long GLD and shorts FXE by the same amount. I dont agree that there is even such thing as owning 'gold in euro terms', if you buy a gold bar with dollars, yen or euro, its irrelevant which...
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