europe
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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,…
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6/30/10 Midday Report: Technical levels blown, now they just want to cuddle
The market was flattish for most of the day until the last hour as some of the fears about Europe abated in the morning thanks to their banking system remaining open for at least another three months (so long enough for depositors to carve out space in their mattresses and pull their funds before the…
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6/29/10 Midevening Report: Market searches for a bottom, hopefully it’s Brooklyn Decker’s
It was ugly out there today, real ugly, like a Lady Gaga– Alan Greenspan love child with a bad case of facial neurofibromatosis. Investors are worried that China is slowing down (they are), that Europe won’t be able to roll their debt (eventually they won’t), and that US consumer spend will shrivel up like Khagendra…
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6/23/10 Midafternoon Report: Economy of Stale
The market was only marginally down today despite terrible macro data and a Fed statement about as optimistic as Nouriel Roubini at a funeral (the funeral of course would be for the US economy). New home sales dropped 33% to a record low as once again, and for all of you keeping score at home,…
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6/10/10 Midevening Report: Market rallies in anticipation of tomorrow’s sell off
Readers, Money McBags apologizes for his absence yesterday, unfortunately he has a life outside of the great When Genius Prevailed and that life required him to spend all day watching Anna Paquin scenes now that she is oh so comfortable with her bisexuality, so you can’t really fault him for that. Anyway, today the market…
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6/4/10 Midafternoon Report: Jobs report challenges Marmaduke movie for biggest bomb released on Friday
The (No) Labor Department’s jobs report came out today and was well below analyst guesses which sent the market tumbling like Tony Hayward’s Q score at a Greenpeace convention. The US added 431k jobs in May which was the biggest increase in a single month in over a decade since the internet was founded and…
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6/1/10 Midafternoon Report: Market adopts new tagline “Sell the rumor, sell the news”
Stocks bounced around today like BP’s excuses for the Gulf oil spill or like Kelly Brook’s “oil domes” while she jumps on a trampoline. Solid US economic data pushed the market in to positive territory in the morning, giving investors a slight glimmer of hope before that hope was flushed away like a 3 story…
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5/20/10 Midafternoon Report: S&P slides closer to next technical level of 0, most economists predict a bounce from there.
Fucking Europe. Seriously. First they tried to tax us without letting us represent ourselves and you know what, we don’t play that way. Then they got all upitty and burned down the White House while poor little James Madison sat on his gelding and got his S’mores on. And after that we’ve had to bail…
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5/6/10 Midafternoon Report: Europe to be the new Australia as european debt falls “down under”
The market continues to sell off as Angela Merkel happily plays her fiddle atop the Zugspitze while Europe burns below. The debt crisis in Europe continues to gain momentum like it has an improbable, though theoretically possible, coefficient of restitution greater than one or as if it were running for office with the promise that…
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4/1/10 Midafternoon Report: A disappointing RIMM job
Before we get to the markets, Money McBags found a picture of the hottest female in the history of history and wanted to share it with his readers as a sign of his gratitude. This is the hottest female ever*, so you’re welcome. Anyway, stocks are up today as macro data was more encouraging than…