trader1138

It's China's world; the rest of us just live in it. "Americans simply do not grasp the competition that is coming down the pike. We are too busy spending our 'stockpile' on bailing out the oligarchs' personal pocketbooks."

TraderMark doesn't know his history. China will implode as it has always done. Only the iron fist of the PLA keeps the 90% of the peasantry from revolting and destroying the coastal veneer of rich oligarchs. Per capita GDP is a joke, the military's power projection is a joke and their private property rights are a joke. No country ever became a lasting global player without those three elements. Look at Russia they have a one legged stool (nukes) and that's about the only reason anyone talks to them. The same will go for China unless they learn that freedom is not something to fear.

FDA slaps General Mills (GIS) with a warning, saying heart benefit claims in use on Cheerios boxes for over 2 years represent 'serious violations' of federal law. The FDA suggests filing a new-drug application for Cheerios to keep the box label as is.

MF, this is what where worried about? cheerios?

As investors regain their taste for risk, emerging markets are getting a boost, with stocks up 50% since the beginning of March. Optimists argue the worst of the global crisis has passed and China's stimulus plans will lift demand for commodities and agriculture.

stay short

Socially responsible investors line up behind unions: A group of 26 pension and mutual funds that invest in social causes and represent $372B in assets have urged Congress to support legislation making it easier for workers to join unions.

unions = tits on a bull

Amid economic rubble, 'ShangKong' will rise. Wall Street and Fleet Street soon to be supplanted their Asian cousins as the capital of international finance?

i think not...too much military/political risk.

If shares of companies like Harley-Davidson (HOG) and Winnebago (WGO), selling luxury, discretionary items like $35,000 motorcycles and $140,000 RVs are rebounding by 100%+ - 4 to 5 times the increase in the S&P500 - does that suggest that the recession must be over?

somebody on the goldman principal desk left his coffee cup on the 'take' button when he went to pick up his new ferrari

Yesterday's messy 30-year bond auction: an anomaly, or the first crack in the dam?

remember Force 10 from Navarone?

Interesting to see if S&P can defend the 900 area.

it will be more interesting to see if it can defend 670

Geithner uses the NYT op-ed page to explain how regulators tested the banks.

i can do it on the back of a bazooka gum wrapper: "uh, value at risk...and stuff."

Treasury sells (.pdf) $14B in 30-year bonds in a messy auction at a high yield of 4.288% (vs. expected 4.19% - 57.15% of bids were at the high). Bid to cover ratio: 2.14. Primary dealers took $8.8B; indirect bidders took $4.61B. 30-year Tsys fall off a cliff, now -1.66% to 120-10.

healthy demand my ass!!! it's for you, it's CNBC, they have a position open...

It's all well and good to check up on 19 biggest lenders, but how healthy are the rest of the 8,000 or so U.S. banks? (DealBook)

alright boys, grab those deck chairs and start rearranging...

It might not be the 'irrational exuberance' of the 1990's, but investors are showing an uncanny willingness to be optimistic despite data to the contrary, pushing financial markets well ahead of the real world.

stay short

For 2009, S&P +0.45%, with its highest close since Jan. 8, joining the Nasdaq (+11%), which has its highest close since November. DJIA is still off -5% on the year.

when all markets correllate...watch out

S&P breaks through 900 for the first time since Jan. 8.

ha ha ha ha ha haha ha ha...he he heehee...whew, i'm laughing so hard, i'm crying. Goldbama and Geithnanke rollin baby!

Naked Capitalism wonders why a conflict of interest isn't a conflict of interest when it comes to Goldman Sachs (GS). (previously)

because it isn't