IMF
-
12/18/10 Day After Report: Tax Bill Signed, to be Known as “Misery Compromise”
With market news quieter than a prisoner’s dilemma that actually reaches a Pareto efficient Nash equilibrium, and even quieter than the “Free Bernie Madoff” campaign, Money McBags had time to ponder some of biggest questions of the day. — He wondered why there wasn’t more flashing in the flash crash? Why they give out degrees…
-
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…
-
7/29/10 Midevening Report: Fed warns deflation may be coming, investors run to buy protection as they don’t know who deflation slept with last
Oh shit. While most people have been spending their time worrying about the Fed printing up some inflation, Fed Bank of St. Louis President James “Jimmie B” Bullard got his academic on today and dropped some deflation all up in this bitch. And Jimmie B aint be one of those lame ass non-voting members of…
-
7/8/10 Midday Report: More bulls hit
The market jolted up on unemployment news this morning before remembering it had already gone up yesterday and thus quickly settled in like an environmentally friendly squatter in Al Gore’s mansion. The big macro news is that new claims for unemployment dropped to 454k or some number higher than that depending on how much the…