As WSJ’s David Gaffen recounts, it was such an ugly year on Wall Street that trading on the stock market may never be the same again.
12/9/2008
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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December 10th, 2008 at 6:59 pm
Things you can go long or make money at:
Lying, Cheating, malfeasanse, corruption, Its not my fault, I didnt do it, Ineptness, I thought you were watching that.
Things you loose money at or go short:
Dollar Cost averaging, common sense, honesty, integrity, trustwortyness, honesty, morals, values.
December 10th, 2008 at 9:25 pm
Tonight for you we have, straight from our studios in New York
An incredibly sincerely and forcefully delivered collection of extremely obvious observations, and historical anecdotes that provide precisely zero useful, or uknown information followed finally by a bland and optimistic hope rooted primarily in the business interests of the owners of the media outlet
Now a brief, 10 minute or so, pause, wherein the people who actually pay for this drivel will attempt to sucker you into purchasing something that the pseudo information we provide seems to provide some kind of imitation of a reason for why you might want to buy it. But don’t change the channel, we’ll be back shortly with more rear view mirror looks that will leave you completely unprepared for the events shaping tomorrow.
Good Night, and Good Luck