Markets! Finance! Scandal!
By Barry Ritholtz - February 3rd, 2010, 10:30AM
I did an interview with Max Keiser out of Germany last week — they only had to bleep me twice.
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. —Jesse Livermore
Macro Notes
US$ at high of day…Peter Boockvar
The US$ is at the high of the day vs the euro coincident with Greek CDS at the wides of the morning by 20 bps to 307 bps following the news this morning. This level is a 2 week high. In sympathy, CDS is wider in Spain, Portugal, Italy and Ireland. Bond yields are higher too and Greek stocks in particular closed down 3.4%. There is also an idiotic rumor out there that the Fed is again going to raise the discount rate after doing so a month ago. While they easily may but likely won't anytime soon, there is...
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February 3rd, 2010 at 11:29 pm
I wish Keiser wouldn’t make such a big deal out of jennifer aniston donating 500k to Haiti. He makes it sound like it was a bad thing to do.
His delivery is pretty rough all around. Does he really mean to sound so mocking all the time? Is he usually better than this?