Robster

U.S. Decouples From Global Markets - in Reverse

this is elementary (and normally i respect much of bespoke's work). When we talk of decoupling we are talking about countries' actual economies. Stock returns don't provide a 100% accurate picture of a country's economy but in fact GDP is the better measure that should be used. With US GDP growth down to 0.6%, China's still strong at 11.2%, over 8% for India, 7% Malaysia and around 8% in Russia, i think we can see a decoupling occuring. The notion of this article should be changed if you are alluding to stock market returns decoupling. I would have expected the learned bespoke fellas to have distinguished 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?