Soap Box

Ignorance is POLITICAL Bliss

Jul 1st, 2010 | By Rob
Ignorance is POLITICAL Bliss

First, I like the title a lot, “ignorance is liberal bliss”… It’s definitely witty. I know that you might expect for me to have taken a clear stance defending Barry, but I promise you I am very critical of Obama, Tiny Tim, and Benny Boy on a regular basis in my analysis of the U.S. economy. However, I also don’t fit into the camp that lambastes liberals for their ignorant or economically unintelligent platforms.



Explaining Friday’s Quad Witching

Mar 19th, 2010 | By Rob
Explaining Friday’s Quad Witching

What is Quad Witching? Generally there’s a great deal of confusion concerning the term “quad witching” and what this day may constitute in financial markets. As a result, we would like to take this Quad Witching Friday, March 19, 2010, and demystify the phenomenon once and for all. “Witching” signifies the expiration of an entire group of
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TARP 2.0 : Will the E.U. Let One of Its Own Die?

Feb 26th, 2010 | By Rob
TARP 2.0 : Will the E.U. Let One of Its Own Die?

Even after the TARP fund liquidity injections in the U.S. financial sector in 2008, the E.U. has decided to bail out one of it’s member states, Greece, from insolvency. How can this even be considered? Yes, the EU constitution is a whopping 7 years young and therefore demands a minuscule thread of adherence by member states,
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Trading Notes: Crude Oil, Consumer, Financials

Jan 15th, 2010 | By Rob

Crude Oil The oil issue has been speculative to this point. It's hard to argue against 90 dollar oil when we saw 145 in July 2008, but the fundamentals aren't congruent with the price growth we've seen and this trader finds it easier to argue FOR $60/ barrel oil. Crude supply in the U.S. remains
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NOT a 2010 Postion Piece

Jan 2nd, 2010 | By Rob

Is anyone else sick of the montage of blog posts and articles titled "yada yada yada 2010"?  To institutional investors who have to decorate their books to look "pretty" for investor relations meetings, the end of the year is important, but to actual investors, traders, analysts, etc., (i.e. readers of this blog, Seeking Alpha, WSJ,
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Housing Market Rant

Dec 1st, 2009 | By Rob

The following is a Soap Box rant in response to the question below from a good friend of mine. I felt compelled to share it with readers… Question: "So a lot of chatter here about the housing recovery and this being a good time to buy companies such as whirlpool and sherwin williams. (Basically stuff
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Has Chinese Stimulus Gone Too Far?

Nov 13th, 2009 | By Rob

The below video was simply too shocking to not have a post dedicated to it's exposure… This clip truly tells the story of Chinese growth and government stimulus in one stroke. Suprisingly, in the development void of inhabitants, most units have sold as investments. Government owned, the city doesn't have to worry about the negative effects of waiting
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Stock Issuance, Stimulus Spending Only to Hurt Dollar as U.S. Struggles

Oct 30th, 2009 | By Rob

News out of London via the Financial Times has amplified the recent calls for institutional break-ups of incredible size and scope. Not just one but all financial institutions, once protected under the "too big to fail" sheltering efforts by governments and central banks, must now find viable core business plans to move forward. The mortgage
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Stimulus, Subsidy, Tariff… What Next?

Sep 16th, 2009 | By Rob

While some took Bernanke’s comments on the economy and state of the recession with a grain of salt, markets unsurprisingly jumped on the news during Tuesday trading. However, the optimism surrounding his words given at the Brookings Institution think tank was undoubtedly high-strung, considering the positive 1.1% retail sales gain in August. The Chairman’s remarks in context read,
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Pyro-Maniac Treasury Begins to Feel Flames

May 29th, 2009 | By Rob

While the GDP revision came in slightly worse than expected at -5.7% Q1 growth, the main issue facing markets Friday is the potential for an inflationary environment spurred by U.S. Treasury rates increasing. The $2 Trillion of Treasury debt to be auctioned throughout the remainder of the year has frightened bond markets and equity markets
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