Crank Monkey

Interactive Brokers FX Summary

The bad bank will be named Crappy Mae.

Weekly Market Outlook: Uncertainty Looms Over Energy and Currencies

In one of his westerns Clint gets told that he's killed an unarmed man, to which he reponds, "Well, why didn't he arm himself?"

6.5% Rallies Only Occur in Bear Markets

Bonds aren't all alike. High yield bonds suffer from default risk, while higher rated bonds are subject the risk of increasing interest rates. If deflation is the order of the day, then junk bonds could crater. Conversely, if inflation ensues then higher rates could make higher rated bonds falter. Unless you can guess what the economic environment will be like, it's hard to say where bonds will wind up.

Portfolio Preservation in a Down Market

You can hide a dead body with a TARP, but the stench will give it away.