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July 27, 2010 – The Residential Housing Market is Still Burning Down

Featured Trades: (RESIDENTIAL REAL ESTATE) 1) The Residential Housing Market is Still Burning Down. Today, the Commerce Department reported that June new home sales, at 330,000, were up a blistering 24%. So is the crash in residential real estate over? It's off to the races, right? Wrong! Much of the gains were cancelled out by […]

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July 27, 2010 – Will Gold Coins Suffer the Fate of the $10,000 Bill?

Featured Trades: (NEW GOLD REPORTING), (GLD) SPDR Gold Shares Trust ETF 2) Will Gold Coins Suffer the Fate of the $10,000 Bill? The conspiracy theorists will love this one. Buried deep in the bowels of the 2,000 page health care bill is a new requirement for gold dealers to file Form 1099's for all retail […]

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July 27, 2010 – It’s Harder Than it Looks

Featured Trades: (THE HARSH REALITIES OF TRADING) 3) It’s Harder Than it Looks. A recent piece at the underground website, Zero Hedge, by one ‘pivotfarm’ resonated with me in explaining how hard it actually is making money in the market (click here for the link). It looks deceptively easy from the outside. You buy a […]

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July 27, 2010 – Is Emerging Market Debt the New Prime Credit?

Featured Trades: (EMERGING MARKET DEBT), (PCY) Invesco PowerShares Emerging Market Sovereign Debt ETF 4) Is Emerging Market Debt the New Prime Credit? Last year, I suggested emerging market sovereign debt ETF’s as safe, high yielding investments in which to hide out in case the equity markets swoon again. The stock market has looked pretty grizzly […]

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July 27, 2010 – Quote of the Day

In Despicable Me, the latest animated children's' film from 20th Century Fox, the Bank of Evil, used to finance the nefarious deeds of villians, has listed under its name 'formerly known as Lehman Brothers.'

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July 26, 2010 – Give All the European Banks “A’s”

Featured Trades: (EUROPEAN BANK STRESS TESTS), (EURO), (FXE) Currency Shares Euro Trust ETF 1) Give All the European Banks 'A's'. A favorite ploy of poorly managed school districts in California is for the teachers to simply give all their students 'A's'. That way the state and federal money keeps rolling in, and demanding parents can […]

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July 26, 2010 – Guess Who’s Bailing Out the 2012 Olympics?

Featured Trades: (2012 LONDON OLYMPICS) 2) Guess Who’s Bailing Out the 2012 Olympics? Where is the 2012 London Olympics turning to meet gargantuan cost overruns? None other than BP, which is going the extra mile to burnish its tarnished image. With the British economy mired in a vicious financial crisis, many are wondering if hosting […]

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July 26, 2010 – Where The Economist “Big Mac” Index Finds Currency Value

Featured Trades: (THE ECONOMIST ‘BIG MAC’ INDEX) 3) Where The Economist ‘Big Mac’ Index Finds Currency Value. My former employer, The Economist, once the ever tolerant editor of my flabby, disjointed, and juvenile prose (Thanks Peter and Marjorie), has just released its ‘Big Mac’ index of international currency valuations (click here for the link). Although […]

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July 26, 2010 – Quote of the Day

'You ever wonder why fund managers can't beat the S&P 500? It's because they're sheep,' said Gordon Gecko in the classic film, Wall Street.

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July 22, 2010 – The New Deflation Definition

Featured Trades: (THE NEW DEFLATION) 2) The New Deflation Definition. It seems that all you hear about these days is deflation. That is certainly what the bond market is telling us, with my screen blaring at me a miserable 2.93% yield for the ten year Treasury bond. But there is a new definition for this […]

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July 23, 2010 – Turkey Is On The Menu

Featured Trades: (TURKEY), (TUR), (TKC), (TURKISH LIRA) iShares MSCI Turkey Investable Market Index Fund ETF   1) Turkey Is On The Menu. The boarding of a Turkish ship by Israeli commandos and the international brouhaha that it sparked has thrown a searing spotlight on that emerging nation. Several hedge fund friends and now a few […]

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July 23, 2010 – Hedge Fund Corners the Cocoa Market

Featured Trades: (FXI), (COCOA), (CHOCOLATE), (NIB) iPath Dow Jones-UBS Cocoa Subindex Total Return ETN 2) Hedge Fund Corners the Cocoa Market. That Hershey bar you've been sneaking out to buy on breaks is about to cost you a lot more. London based Anthony Ward's Amajaro hedge fund built up a billion dollar long position in […]

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July 23, 2010 – What Will the World Look Like in 100 Years?

Featured Trades: (THE NEXT 100 YEARS) 3) What Will the World Look Like in 100 Years? George Friedman, geopolitical forecaster and founder of the Austin, Texas based private intelligence firm, Strategic Forecasting (Stratfor) (click here for the link at https://www.stratfor.com/ ), delivers a fascinating list of future political, military, and economic scenarios in his new […]

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July 23, 2010 – Quote of the Day

'Companies are not saving cash for a rainy day, but a rainy decade,' said Tanya Beder, chairman of SBCC Consulting.

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July 22, 2010 – More on the Grains

Featured Trades: (POT), (MON)   4) More on the Grains. I managed to catch an interview with Charlie Rentschler at New York boutique investment bank, Morgan Joseph, one of the top agricultural analysts in the industry, known as the ‘Farmer from Harvard.’ He says that investment in the sector is a frustrating and unpredictable mix […]

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