Take the Money and Run

Geoff Bysshe | July 22, 2012

According to a recent study conducted by James Henry, former chief economist at consultants McKinsey & Co, it was revealed that somewhere between 20-30 trillion dollars is sitting in off-shore tax havens. This huge sum is controlled by .001% of …


You Can't Handle the Truth

Keith Schneider | July 15, 2012

As a result of the fallout of the Barclay's Libor scandal and resignation of its Chairman and CEO, it was further revealed that the Federal Reserve was aware of this fraud and manipulation for years. What's a trader or investor …


You Can't Handle the Truth

Keith Schneider |

As a result of the fallout of the Barclay's Libor scandal and resignation of its Chairman and CEO, it was further revealed that the Federal Reserve was aware of this fraud and manipulation for years. What's a trader or investor …


Storms in the Cloud

Keith Schneider | July 8, 2012

After a dose of irrational exuberance based on the Euro rescue, the US equity markets finally took a breather this week closing marginally down, but still in a bullish market phase. One concern is the number of distribution days over …


Case Chiller?

Keith Schneider | July 1, 2012

While most market participants this week focused on the Supreme Court decision on Obamacare or the Euro crises, a stealth bull market in housing stocks has taken hold. The segment of the economy that ushered in the financial meltdown has …


Breaking Bad

Keith Schneider | June 24, 2012

The big question hanging over the market this week was the outcome of the Fed meeting. Were they going to furnish pure crystal meth in the form of QE3 or just a simple twist? With all the bad news on …


Duck Soup

Keith Schneider | June 17, 2012

This picture is the perfect metaphor for the market at the moment. First, one can view the ducks sitting up front as the bulls leading the current rally, few in numbers while bracing for a headwind. Meanwhile, the flock could …


Nevermind

Keith Schneider | June 10, 2012

After the worst monthly performance in recent memory and a rocky start to June, the markets said never mind to those who were looking for a meltdown. Out came the baby bulls, finding Nirvana with a monster rally up over …


Not Too Sweet

Keith Schneider | June 3, 2012

To the ridicule of many, Mayor Bloomberg is attempting to make it illegal to sell some super-sized sugary drinks from NY City menus. Personally, it will not affect me as I swore off sodas long ago and moved to Santa …


Party On

Keith Schneider | May 28, 2012

The photo to the right is not a picture of a Chinese fashion event but that of an elite communist party member making her entrance to a Congressional meeting. This getup included a fur coat and Chanel boots. Personally, I …