The first thing I read this morning was a Bloomberg preview of Fed Chair Yellen’s speech today at 12:30. It was titled: Yellen Speech May Offer Little Clarity After Vagueness Paid Off. I obviously have no …
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Remember back when the financial world was ending in early February and investors hastily sold shares of LinkedIn (LNKD) down 43% in a single day, more than 50% on the year, shedding more than $10 billion …
Continue readingNOTE: Last night on our sister site, Ticker District contributor Peter Boockvar, Chief Market Analyst for The Lindsey Group, and the Co-CIO of Bookmark Advisors fielded questions from the other contributors, ranging from what kind of volatility we can expect …
Continue readingI’m reading more and more arguments why the recent volatility in high yield debt markets right now is different from what went on with the repackaging of subprime loans a decade ago. (The eventual collapse in …
Continue readingThe People’s Bank of China (PBOC) ain’t messing around. Overnight they cut short term interest rates for the third time since November as they battle an economic slowdown that threatens their 7% GDP “target”. This morning, …
Continue reading. Yesterday, the largest single day gain in the S&P500 (SPX) in 2014 was completely mental in my opinion, having little to do with the fact that the direction was up. To be fair, I …
Continue readingBuffett and AAPL really just sent the financial press into a tizzy…..who to cover? Jobs, Bernanke or Buffett? Well I know what I am gonna focus on……Bernanke. But first just a quick comment on AAPL, …
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