cyclingscholar

Longer-term Treasurys are sinking in the wake of the Fed statement: 30-year yield now +0.08 to 4.41%; 10-year +0.08 to 3.55%; 5-year +0.05 to 2.4%. Dollar moves lower against a few partners: now -0.9% against euro, -0.9% against pound, -1% against Swiss franc, +0.7% against yen.

WONDERFUL. Lower rates for promiscuous borrowers and folks who already have run up too much credit card debt. HIGHER rates for companies borrowing long term to develop new products and technologies. All praise and worship the Fed and the Manchild.

Ranking Sector ETFs: Healthcare Leads the Way

Its very simple. There is an INVERSE relationship between the Anointed One's approval ratings and the level of the SP500. Last week, when Sen. Lieberman announced he would join the filibuster against the Reid "920 Billion" (now up to 1.2 trillion) proposal, medical stocks soared.

Preparing for Higher Inflation

Prood that the CPI is a reliable measure of inflation and that oil, as a raw material, is a reliable leading indicator of the same.

Don't Expect Amylin to Eat the Obesity Market's Lunch

For Pete's sake: eat less, walk more, and use the money you save to make four daily injections into your bank account. You realize that all the cows who drive their SUVs (could lose some weight there, too) to NFL weekend games where they swill beer and nachos are the primary target for this 'medication?' Why do ya think they need wide angle cameras? To cover play on the field? NAH! Its to cover the flabbergastingly flatulant fans!

Three Global Utilities ETFs with High Dividend Yields

More wealth has been lost chasing yield than gold chasing rainbows. There are far better lists of 50 year dividend payers with excellent coverage...companies like ADP, JNJ, etc, that are quality companies that will be here tomorrow and the day after. At least look at the top ten companies listed in each ETF!

Dow Theory Sell Signal?

Good article. Don't forget that one tenet of Dow Theory is that "LINES" can substitute for secondary reactions. Do you think the May-June sideways movement (it looked like a H&S in many charts) in the dow and transports might constitute such a line?

Scary though. If there has been no secondary reaction yet, then this entire move still constitutes a rally in a bear market. So die hard Dow theorists have been 100% cash thru this entire rally. Loyalty has its price.....:)

If This Is a Secular Bear Market, Where Do We Stand?

The three secular bear markets have been "lets try socialism, regulation and government intrusion" experiments. Right now we are halfway thru our latest flirt with socialism, which started at the end of Clinton, proceeded unimpeded with RINO GWB, and will end in a disaster crisis with our latest Anointed One. Then the stage will be set for another reagan style revolution.

Looking for Signs of a Dollar Rally

The FED should take a page out of the Commie playbook and HINT that a rise in short term rates is 'just around the corner.' A huge selloff in commodities---oil, softs, natural gas, gold-- is exactly the kind of real kick the US economy needs to get going for real, instead of $250,000 a job stimulus street sweepers.

October: Market's First Post-Earnings Rally Reversal

DURU the guru!

Well said, though. A market that can't hold its gains on good news is lookin' for a correction, at least.

Fourteen states and the District of Columbia sue Amgen (AMGN -1.2%), charging the company with offering kickbacks to push sales of anemia drug Aranesp.

Damned if ya do, damned if ya don't. What is a kickback but a rebate/price cut by another name? I thought we were looking for lower prices for medicines as part of health care reform 'savings?'

Some Ironic Possibilities for the British Pound

Britain IS, where the Anointed One is leading us. A pathetic, helpless former superpower embarassed by its cultural, economic, and military superiority, overrun by illegal immigrants who detest its very soul and play on liberal guilt.

Today in Commodities: Waiting for Confirmation

Confirmation? This economy is so infantile, I think you'll be lucky if it can handle baptism!

Trick or Treat for Markets?

Hey Macro-man...are you a fan of kim'chi? Whats with the emphasis on Korea? Don't you know that if the KOSPI doesn't reach new highs soon, they are gonna open up a brokerage at the border at Panmunjom and let the PRK folks buy stocks?

Inflation by Stealth

<<Inflation is classically described simply as an increase in the money supply>>

No, inflation is DEFINED as a sustained increase in the general level of prices.

Your article can't even get that right, and its all downhill from there.

FDIC's Sheila Bair breaks with the government's plans to address too-big-to-fail firms, saying a resolution authority should be funded in advance - not just by the survivors - to avoid the "pro-cyclical nature of requiring repayment after a systemic crisis." Illinois Rep. Luis Gutierrez is with her: "Most of us don’t die and then buy a life insurance policy." (Bair's statement (.pdf))

Yeah LUIS...and we shouldn't be able to GET SICK and THEN BUY medical insurance, either. Why don't ya chat that up with the Anointed One?