Money McBags
-
12/18/10 Day After Report: Tax Bill Signed, to be Known as “Misery Compromise”
With market news quieter than a prisoner’s dilemma that actually reaches a Pareto efficient Nash equilibrium, and even quieter than the “Free Bernie Madoff” campaign, Money McBags had time to ponder some of biggest questions of the day. — He wondered why there wasn’t more flashing in the flash crash? Why they give out degrees…
-
12/16/10 Midnight Report: Market Reaches Two Year High, Will Data Hold an Intervention?
The market was up today as PIMCO is set to get their equity on, Fed Ex plans to deliver a fuckload of packages in the next year (even more packages than Victoria Givens took for delivery in 2004, and like all proper businesses, she required they all be delivered in the rear), and former Obama…
-
12/15/10 Midnight Report: Rich Guys Vote To Extend Tax Cuts For Rich, Laughter Trickles Down to Middle Class
The market continued to move sideways today as economic data was less relevant than Bernie Madoff’s thoughts on the CAPM and fund managers don’t want to rock the boat (though they’ll happily tickle the little man inside of it) this close to year end bonuses. This lack of volatility in the market is less surprising…
-
12/14/10 Midnight Report: Fed Policy Blows, Spits Out Unemployment
The Fed’s monthly statement on the economy was out today and it was more redundant than a repetitive semantic pleonasm and less telling than a gay soldier (though it’s not clear that anyone asked). The FOMC statement was little changed from last month with the headline being that the economic recovery is still eating a…
-
12/13/10 Midnight Report: Market Has a Case of the Mondays
Not much happened in the market today as volume was lighter than the audience for a Hasselhoff reality TV show (and also about 900 IQ points higher) as investors continue to sit on their laurels (and if it is this Laurel on which they are sitting, then Money McBags certainly understands) while waiting for year…
-
12/3/10 Update: Money McBags is an Asshole
Dear Readers, — For the time being, Money McBags needs to take a short hiatus from the award winning When Genius Prevailed. It’s not you, it’s not him, it’s just that some other stuff has popped up to which he has to devote his full attention. Trust Money McBags, this hurts him more than it…
-
12/2/10 Midnight Report: Fuck Money McBags
Yeah, that’s right fuck Money McBags, what an asshole. He celebrates the one year anniversary of the award winning When Genius Prevailed by taking a Friday off for Thanksgiving (where he made sure he didn’t overeat) and then has not only dropped just one column so far in his first week back when clearly you,…
-
11/30/10 and 12/1/10 Update: No Scoop For You
Money McBags will not be able to get out a column tonight or likely tomorrow. He apologizes profusely but as the day still consists of just 24 hours and the internet still does not charge to NSFW guess muffs, Money McBags’ time is short. — In reality, and unfortunately, Money McBags simply has shit to…
-
11/29/10 Midnight Report: EU Buys Ireland on Cyber Monday, Comes with Free Shipping, 6 Pack of Guinness, and Plenty of Broken Dreams
Hells yeah, Money McBags is back from his Thanksgiving break where he basted some turkeys, watched consumers run up more debt during Black Friday sales that they won’t be able to pay off until the dollar hyperinflates to whatever is just below infinity (perhaps Bernankity), and furiously read Wikileaks to learn that the US had…
-
11/24/10: Happy Fucking Anniversary!!! The Award Winning When Genius Prevailed Turns 1
Holy fucking shit. Money McBags never thought he’d see the day where the award winning When Genius Prevailed turned one, never. What started as a way to vent, unleash bottled up creativity and love of the finer things, and let the world see how the sausage is made on the buy side in all of…