Robster

The Bear Market Strikes Back

the market is manic depressive right now - the underlying problems haven't gone away. Tuesday's rally was sheer delirium.

Is the Bear Stearns “Rescue” a Credit Event?

obligation default?

Thursday's Rumor: Bear Goes Belly Up (Who's Next?)

scratch earlier comment. agree with james.

Bear Stearns Gets Emergency Funding From NY Fed, JP Morgan

where's saprano now?

The Rally is Coming: Always Buy Too Soon

You only seem to address flimsy buyer motivation with no real reason behind it. With so many cockroaches crawling out under financial rocks and hedge fund blowups becoming more prevalent how can we see this rally, just curious? This is not scaremongering, this is actually happening.

The Rally is Coming: Always Buy Too Soon

You only seem to address flimsy buyer motivation with no real reason behind it. With so many cockroaches crawling out under financial rocks and hedge fund blowups becoming more prevalent how can we see this rally, just curious? This is not scaremongering, this is actually happening.

Thursday's Rumor: Bear Goes Belly Up (Who's Next?)

Bear Stearns (BSC) is still a great institution and at these prices would look compelling for a bulge bracket bank such as Wachovia or Wells Fargo.

A Sensible and Refreshing Move from the Fed

Freddie Mae and Fannie Mac? Oh well both debt portfolios are rubbish anyway. Your sweet smelling, rose tinted outlook for the economy is endearing. The housing market is still in decline - you need to accept that.

Short Covering Helps Boost Stocks

courtesy of blogger on marketwatch:
Why, the Fed comes to the rescue with a few more billions in "auctions," accepting worthless paper as collateral. No margin calls and no payback ever required. When that fails, the Fed just buys the paper. (Just think how nice it will be when the Fed owns 90% of the homes in this country, and how appreciative those who have defaulted on their mortgages will be living in their homes without making anymore payments....think the Fed is going after them?)

And who loses? We do. Milk at $10 a gallon. Bread at $7 a loaf. A worthless dollar here at home and a hungry government waiting to tax us to death.

But, all is well. The Dow is back to $12,000!

Fed is trying to run the economy, bail out the banks and write cheques left right and centre. Aren't they only supposed to be concerned/mandated on monetary policy to promote growth and price stability?

Central Banks, in Panic Mode, Announce Large Auction

hey swiggs i think you answered your own question. Less expectation of lower rates means money will flow to U.S. due to rates not being a slow as expected now. T-note yields are up attracting greater inflows.

Options Trader: Tuesday's Outlook

there is no such thing as free money. Someone has to pay. You're annoying.

The Federal Reserve, the Economy, and Stocks

While your career experience makes you more informed than most and the work you put into your blogs is very good i just, for the life of me, cannot see the rose tinted outlook that you give. While i also bow to the eminent economists you quote the facts are these: you have a deep housing recession, gdp down to 0.6% and probably falling because we see the ism indices, durable goods orders and payrolls in contractual mode. Inflation is sticky with productivity down and oil at 100+. On top there is tight credit and a hugely geared cdo market based on those housing assets. Where is the growth coming from? Is 2008 really a year of economic expansion?I'm not saying there will be armageddon but the facts are there. The last quarter may save its bacon but its no stellar year in store.

Market Sentiment and Reality

the gigantic credit bubble has burst - you need to accept that

Options Trader: Tuesday Outlook

the massive credit bubble has burst - you need to accept that.

Rate Cuts and Inflation: Linkage Overblown?

the commodity boom is also largely based on speculation so the speed with which commodities have gone up in the last 6 months is incredible. It won't feed into CPI as quickly (much like interest rates don't feed into economic activity straight away) but CPI is still on an upward trend. And thats the last i'm saying on it.