Empire State Survey
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11/15/10 Midnight Report: Retail Sales Rotten at the Core
A flurry of buyouts, headline-y good macro news (just don’t read the “not so” fine print), and the Fed promising to print enough dollars to make everyone a millionaire as Bernanke mimics the First Citiwide Change Bank “volume” strategy, caused investors to celebrate in the morning by doing the Dougie. However, the market slipped end…
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9/15/10 Midevening Report: S&P hits 5 week high even as macro data tries to hold an intervention
The market was up again today as Europe remains solvent and investors ignore macro data and instead focus on how they can become race car drivers. In economic news, production in the US slowed as automakers held back on churning out new cars due to a little something called a consumer fucking recession. Not only…