Posted in Economy, Financial Markets, Media, Stockmarket, tagged CNBC, Economy, financial media, Global Economy, Global Recession, US Economy on February 19, 2009 | Leave a Comment »
If you were watching CNBC or even follow MSNBC, you would have noticed this idiotic rant from one of CNBC’s so called market analysts.
Earlier we had Jim Cramer had a similar rant.
Notice how in the earlier instance, jim cramer was ranting about Ben Bernanke was doing all [...]
Posted in Economy, Financial Markets, Legislation, Media, tagged Financial Markets, Global Economy, Government intervention, stock markets, US Economy on February 18, 2009 | Leave a Comment »
Its called “Inside the meltdown” and full of left-liberal pundits, but it is a pretty good description of what went on during those crucial months last year.
Here it is…
Posted in Economy, Energy technology, Environment, Environmentalism, Financial Markets, Incidental-musing, Investment, Legislation, Media, Stockmarket, Technology, Thought-Trails, tagged American recovery and reinvestment plan, Broadband internet access, Conservative Economists, Depression, Economic Depression, Financial Markets, Global depression, Global Economy, Global Recession, Green Energy, High speed rail roads in US, House, Hybrid cars, John Kenneth Galbraith, Liberal Economists, Main Street, National Power grid, Senate, stock markets, Tax breaks, Tax cuts, US Economy, US House of representatives, US Infrastructure, US Politics, US recession, US Senate, world economy on January 28, 2009 | Leave a Comment »
House passes the granduosly named American recovery and reinvestment plan, and, it is irrelevant at this point. For this plan is not far sighted enough nor does it change the game in any way. But don’t blame the president for this, for he was just working with in the boundaries of consitution. Fact is this [...]
Posted in Economy, Financial Markets, Incidental-musing, Investment, Stockmarket, tagged Economy, financial institutions, Financial Markets, Global Economy, Interesting books, risk, US Economy on January 5, 2009 | Leave a Comment »
Here is the link to an informative article on nytimes, detailing the genesis and circumstances associated with the quantification of risk in a portfolio.
The book mentioned at the beginning of the article “Against the gods” is a part of a series of excellent books by Peter L Bernstein: Capital Ideas, Against the gods and The [...]
Posted in Stockmarket, tagged financial institutions, Financial Markets, Global Economy, Stockmarket, US Economy on January 1, 2009 | Leave a Comment »
I’ve seen enough of the articles, which say 2008 is forgettable or imply this…
Here’s a sample.
Newyork Times:
Markets Limp Into 2009 After a Bruising Year
AP:
Stocks gain as investors try to forget 2008
SanJose Mercury News:
2008: For stock investors, a year to forget
Atlanta Journal Constitution:
Good riddance to 2008; it’s time to start over
Boston Herald:
2008: A year to forget
The [...]
Posted in Economy, Financial Markets, Investment, Stockmarket, tagged Recession, US Economy, US recession on December 1, 2008 | 1 Comment »
NBER finally made its statement and we are in an official recession.
Apparently economic activity peaked in December 2007.
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, Goldman Sachs, Morgan Stanley, US Economy on September 22, 2008 | Leave a Comment »
So GS and MS want to become bank holding companies now.
This needs to be thought through properly before any comment is made.
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged Financial Markets, Paulson's plan, stock markets, US Economy, world economy on September 22, 2008 | Leave a Comment »
Dow is currently about a 150 points down. Over the next couple of days there may again be volatile swings in stock market. Such volatility may be used to pressure congress to pass paulson’s plan. Volatility in the stock market is natural in such troubled times and should not cause a panic among the congressional [...]
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged commodity markets, Financial Markets, Inflation, Oil prices, paulson's bailout plan, US Economy, world economy on September 21, 2008 | Leave a Comment »
The bailout plan is not yet passed by the congress and oil is already above $104.
Why?????
Here’s the logic, US government is giving a bailout to the wall street, but FED has to create those $700 billions. Which means, huge amount of deficit in US. That implies US currency dollar will loose its purchasing power and [...]
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
Do read this post on bailout plan.
Congratulations on this great first post.
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
So federal government will buy all these unsellable mortgages from financial companies. And then will ask these very same financial companies to manage these mortgages for it.
I wonder if they could keep a straight face when they were thinking that up.
What next? No-bid contracts for managing these mortgages?
Posted in Economy, Financial Markets, Investment, Legislation, Stockmarket, tagged Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
What is with the time horizon of the bailout? Check this link.
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged bailout plan, Financial Markets, paulson's bailout plan, US Economy on September 21, 2008 | Leave a Comment »
Apparently, democrats want to limit executive compensation as a part of the bailout plan according to this report in the new york times. Apart from being symbolic, it is silly, divisive and very difficult to arrive at. Unless it is being used as a negotiating tactic, this proposal has no place in this law.
The really [...]
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged average american, bailout plan, Ben Bernanke, Corporate Welfare, Economy management, FED, federal mortgage bailout, Financial Markets, Frank Paulson, Housing crisis, Mortgage Crisis, paulson's bailout plan, Paulson's plan, Subprime Crisis, US Economy on September 20, 2008 | 1 Comment »
I know that’s not supposed to be the reaction to this bail out plan. But i do and here is why.
The bailout plan asks the amount of money, which hopefully, will allow all the financial institutions to take off unsellable mortgages off the books. All the following points arise.
1. The $700 billion dollars is not [...]
Posted in Economy, Financial Markets, Thought-Trails, tagged commodities markets, Crude futures, crude oil speculation, crude spot prices, Financial Markets, Global Economy, Paul Krugman, US Economy on June 24, 2008 | Leave a Comment »
Here’s a post by Paul Krugman in nytimes on crude cost and speculation.
While i agree with the logic of this argument, a couple of curious points that should have been taken into account are as follows:
1. Assuming OPEC nations raise their production substantially, shouldn’t crude price go down? The natural response to crude price going [...]
Posted in Economy, Financial Markets, Stockmarket, tagged Ben Bernanke, Economy, FED, US Economy on June 6, 2008 | Leave a Comment »
Here is a link to an article on FT where FED’s tough position is explained.
We discussed this some time back.
Posted in Economy, Financial Markets, Incidental-musing, Investment, Stockmarket, tagged CNBC, Edmund Phelps, Financial Markets, Joseph Stiglitz, Nobel Laurete's, Robert Engle, Robert Shiller, stock markets, US Economy on April 25, 2008 | Leave a Comment »
Check out these video’s on CNBC. Nobel Laureates in economics discuss US economy on CNBC, which despite being a business channel, never had this quality in its programming in years…
http://www.cnbc.com/id/24311464
http://www.cnbc.com/id/24313079
Check out all the videos. Great stuff. Generally speaking, i am not a huge fan of CNBC. I think they are just a bunch of cheerleaders [...]
Posted in Economy, Financial Markets, Investment, Stockmarket, tagged Bear Stearns, FED, Federal goverment, stock markets, US Economy on March 30, 2008 | 1 Comment »
First and foremost, please treat all the opinions below as my personal analysis and do not take any action based on this.
Are we at the bottom of the economic crisis in the US? I believe we are close to being at the bottom. Calling the bottom being a question of judgement, there will not be [...]
Posted in Economy, Financial Markets, Investment, Stockmarket, tagged commodity markets, Conventional wisdom, Credit card APR, Economic Conventional wisdom, FED Funds rate, Financial Markets, Gold, inflation rate, Oil, stock markets, US Economy on February 24, 2008 | Leave a Comment »
Given the way most economic predictions are going awry, it is safe to say we are in unknown territory. Trodden though this path is, it pays to briefly examine things that went off the predicted course, since this will allow us to break away from conventional wisdom in charting the way ahead.
When stock market [...]
Posted in Financial Markets, Investment, Stockmarket, Thought-Trails, tagged Calculated Risk, Dollar Value, Economy management, FED, Fiscal policy, Larry Summers FT Column, Monetary policy, Naked Capitalism, Nouriel Roubini, Purchasing power, REG Economic Monitor, US Economy, US recession on January 6, 2008 | 2 Comments »
Now that most economists / analysts and other pundits are rather assured about recession in the US economy, and have started talking about the depth or intensity of it. The blogs are abuzz with the various views on the status of economy. While some predictions are dire, there are others which do not think so. [...]
Posted in Investment, Stockmarket, Thought-Trails, tagged Binge lending, Dollar Value, Flight of Capital, Investments, Main Street, Real estate crisis, Recession, Stagflation, Subprime Crisis, US Economy, Wall Street on December 15, 2007 | Leave a Comment »
It was in March 2007, that S & P/ Case – Shiller Home price index first mentions deep trouble in Real Estate industry. To his credit, Robert Shiller made the correct call on real estate bubble back in 2005, at its peak. Over the past nine months, we moved from real estate bubble bursting to [...]
