by Keith Schneider
Please sing along to the tune of "We are the World" by Michael Jackson and friends:
"We are the world, we are the bankers
We are the ones who force a brighter day
So let's start giving …
by Keith Schneider
The market ‘s recent rollercoaster ride that began with the current budget deficits, then quickly spiraled into the debt ceiling crisis, and culminated with a downgrade of US debt, continues to rear its ugly head. The Super …
by Keith Schneider
PT Barnum allegedly said “There is a sucker born every minute”. The art of making money in the markets is not being the sucker, which entails ignoring most of the pontifications emanating from the promoters, (governments and …
by Keith Schneider
It’s not so easy to lend a few hundred billion euros if you expect to get paid back in full. The Toga party resulting in a rescue plan for Greece and culminating in a 1900 point rally …
by Keith Schneider
Thanks to the only world economy holding serious surplus cash (mostly US dollars), the US stock market is about to put in one of its best months ever, up almost 20% depending on where we close on …
by Keith Schneider
Never mind the Occupy Wall Street protesters; the real inhabitant of Wall Street is the bull. Here he is telling the world that Wall Street is alive and you can “kiss my—“ well you get the point. …
by Keith Schneider
OK, so things do look fairly iffy here in the US. Does anyone really think that the Senate and Congress will agree on some bipartisan proposal to solve our budget issues and long term infrastructure problems? Will …
Our Washington insider caught this picture in a bar not too far from the Fed building on Friday after the markets closed. As you can see, a seemingly inebriated Bernanke was at wits ended allegedly mumbling, I …
After a two week hiatus (summer road trip) from writing this column, so much has occurred in the markets it was hard to pick a theme. However, it was nice to come back to a 5 day rally. It's fairly …
The biggest market moving events this week was a toss-up between Bernanke’s speech from Jackson Hole and Buffet’s Bailout of Bank of America. I give the top honor’s to Bernanke as it seems to have the most lingering bullish effect …