China
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11/16/10 Midevening Report: The Suck of the Irish
The market crumbled today like Charles Rangel’s reputation as apparently Europe went through the TSA’s new back-scatter x-ray machine and was revealed to have a severely dangling Ireland. In addition to Europe being on the verge of another meltdown (or just a continuation of their previous one), China is trying to regulate inflation, and the…
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11/11/10 Midnight Report: Nuthin’ but a G-20 Thang
The market slid today as Cisco spooked investors with a bad Q as they are still struggling to come up with a hit after the Thong Song, the G20 meetings proved to be less positive than a Helen Thomas pregnancy test, and macro news was more non-existent than dark matter (for now), as bond markets,…
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11/10/10 Midnight Report: Will Obama be Seoul Man Defending Fed at G20
Marginal macro news, the upcoming G20 meetings, rising commodity margins, and enough uncertainty to make even Heisenberg jealous had the market once again bobbing up and down like Shyla Stylez trying to make her rent. We remain at a confusing time with economic data saying the market should go down (that economic data being a U6 unemployment…
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11/9/10 Midevening Report: As QE2 Hangover Wears Off, Will Market Wake Up in A Pool of Its Own Volatility
It was another lackluster day in the market as investors are still trying to regain their bearings from last week’s quadruple news high of elections, QE2, the jobs report, and Kat Dennings nude photos being released. With all of the excitement of those events more than priced in to the market, investors have spent the…
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10/28/10 Midnight Report: Investors debate size of QE2 and wonder if it will suffer from shrinkage
The market held steady today as headline-y good macro news was mixed with a dose of disappointing earnings news and topped off with a healthy heaping of who gives a shit. That’s because with mid-term elections looming and everyone waiting to see the details of QE2 (which is now the most anticipated market event since…
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10/21/10 Midnight Report: The market weebles and it wobbles but the Fed won’t let it fall down
A funny thing happened on the way to the frontrun today as after a huge opening driven by slightly positive relative macro data and NFLX’s jizztacular earnings, the market dove on no real discernible news other than maybe investors waking up to just about EVERY FUCKING PIECE OF ECONOMIC DATA released in the last few…
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10/19/10 Midnight Report: 50k iPads a day won’t keep the bear market away
Timberrrrr. The market sold off today as a result of tech companies posting earnings that failed to titillate the street, China raising their interest rates to try to stave off an asset bubble that soon may be only a prick away from popping, and the rent still being too damn high. Up until now, the…
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9/23/10 Midevening Report: Housing and employment continue to struggle, but at least we have our healthcare
Ho fucking hum. Another day with more of the same news including bad unemployment numbers, bad housing data, and likely bad promises of a still unreleased Karissa Shannon sex tape (and it’s not even the one Money McBags wants to see). Excuse me while Money McBags yawns as how is he supposed to write dick…
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9/16/10 Midevening Report: Americans flash foodstamps in Poverty Gone Wild!
The market was remarkably flat today despite a flurry of economic news including new claims for unemployment, the producer price index, census data on poverty, and Craigslist officially shutting down its section for sex ads (thereby forcing wealthy scumbags to seek other arrangements). The most important, and frankly confusing, of the economic reports was the…
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9/9/10 Midevening Report: Government massages new claims for unemployment data and gives the market a happy ending
The market was up again today as it continues to rejoice that there are only “widespread signs of deceleration” and not whatever is worse than widespread, like “doublewidespread” or “assawful.” The big macro news was that new claims for unemployment were out and they demolished analyst guesses of 470k by coming in at a petite…