Beige Book
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1/12/11 Midnight Report: Quick Update for the Readers
Money McBags isn’t going to be able to get to a full column today because other shit has come up (and it’s not just up because he found Olivia Munn’s new Maxim photo shoot). Money McBags knows his column has been a bit sporadic since he hit his one year anniversary (and loyal readers know…
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10/20/10 Midnight Report: Market rallies again to the beat of algo-rhythm and Qs
The market rally was back on today with stocks shooting up faster than Ben Bernanke could chant “quantitative easing” over his bubbling cauldron (though he was heard incanting: “Double, double toil and trouble; Dollar burn, and assets bubble“) and faster than Sofia Vergara‘s son’s popularity on take your mom to school day. That said, with…
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9/8/10 Midevening Report: Read My Lips: “Fuck you, rich people”
The market was up today as either it’s opposite day or we have finally reached the foretold Idiocracy since according to the Fed, the economy is showing “widespread signs of deceleration” (and that phrase is about as positive for the market as Magic Johnson being out of condoms is for one of his groupies). But…
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7/28/10 Midevening Report: Rally comes to an end and unfortunately it’s not Jessica Biel’s
The market sold off today as it couldn’t keep ignoring the data and finally had to come to grips with where the bad macro news had touched it. The biggest negative was the Fed’s Beige Book report which failed to titillate the market like either Money McBags’ book report on the Kama Sutra (which he…