BJS
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2/3/11 Midnight Report: Bernanke Says Everything is A-OK (Other than Employment, Non-Core Inflation, and Anything Else That Makes a Healthy Economy)
The market closed up again today as Ben Bernanke let the National Press Club know that either the economy is fucked, or it isn’t (Money McBags is still trying to decipher Benny B’s speech but as “blowhard” is what Money McBags’ considers a command and not a language, it may take some time), protests in…
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1/5/11 Midnight Report: Dip Bought
The market got its schwerve back on today by buying the dip as if the dip were going to cure cancer, reveal the meaning of life, and lead to a threesome with Kayla Collins and Sara Underwood (who as always, can get under Money McBags’ wood whenever she pleases). So forget about unemployment, forget about…
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12/29/10 Midnight Report: All Quiet on the Manipulated Front
The market continued to rise today on volume lighter than Ben Bernanke’s private sector experience and even lighter than ad sales for the proposed reality TV show tentatively titled “Two and a Half Men” where Hank Paulson, Paul Krugman, and Robert Reich will live in a house and try to solve the economy’s problems using…
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11/17/10 Midnight Report: Will Erin Go Bragh, Erin Go Bust?
The market quieted down today as European investors apparently have turned their focus from Ireland’s spiraling deficit to wondering if they will be charged international rates for voting in Argentina’s Dancing with the Stars while also strangely trying to find out who killed Tycho Brahe (and for the record, Money McBags is going with Johannes…
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8/18/10 Midnight Report: Market flatter than 13 year old girl in honor of Roman Polanski’s birthday
The market was up modestly today as earnings were mixed and macro data was as non-existent as leprechauns, free will, and married women who swallow. Seriously, macro data was more fallow than Betty White’s uterus so investors were left to sift through earnings reports and finally get around to petitioning the CFA society for their…