tag:blogger.com,1999:blog-14329407413412510332024-02-01T20:04:18.318-08:00Price SignalsFinance, Economy, Markets, LifeRuminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.comBlogger1529125tag:blogger.com,1999:blog-1432940741341251033.post-47359015518369519372012-12-29T17:44:00.000-08:002012-12-29T17:44:35.905-08:00Kyle Bass: 5 Reasons Why The Japanese Bond Market Will Collapse<div dir="ltr" style="text-align: left;" trbidi="on">
<b>1. Japan simply cannot repay its existing debt</b><br />
(240% Debt to GDP, 25 times tax revenue; total on-balance-sheet debt is one quadrillion yen; Bass expects a bond crisis in 2-3 yrs)<br />
<br />
<b>2. Japan's Interest Expense is Unsustainable</b><br />
(Japan spends a quarter of their tax revenue on interest even at near-zero rates; "this is what the non-linearity looks like"; the "most obvious thing" he's seen in his career, "only a question of when")<br />
<br />
<b>3. Japan is not self funding. Current Account deficit will grow. BOJ will need to print more</b><br />
(Current Account Surplus at under 1% is much lower than Fiscal Deficit of 10.5%, so not self funding; Current Account will be negative by Q3/4 next year; Balance of trade is deteriorating fast)<br />
<br />
<b>4. Japan's population crisis is here. Taxable Income will decline, savings rate will decline, Social Security Payments will rise</b><br />
(Population peaked at 129M people and now at 125M, one of the most homogeneous and xenophobic developed nations in the world; Life Insurance companies are paying out more than they're bringing in)<br />
<br />
<b>5. Japan's govt has no idea what to do</b><br />
(Elected 10th finance minister in the last 6yrs; Privately saying can't implement consumption tax hike; Posted budget on xmas eve last year and showed social security expenditure decreasing 8% even though it was increasing by 9.5% a year for the last 5 years; They would finance this by issuing "compensation bonds" that will be paid for by future radical reform of the tax system; Ministry of Finance said they didn't want to issue more JGBs so as to not upset the "delicate balance" of the JGB market)<br />
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" src="http://www.youtube.com/embed/HtEw2FdVe_0" width="540"></iframe><br /></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-83636916421969983702012-12-25T15:53:00.001-08:002012-12-25T15:53:19.210-08:00Felix Baumgartner's incredible space jump<div dir="ltr" style="text-align: left;" trbidi="on">
Felix Baumgartner has completed a jump from a balloon 128,000 feet above New Mexico. He reached a top speed of 833.9 miles per hour. He deployed his parachute after falling for four minutes and landed just under ten minutes after jumping.<br />
<script src="http://player.ooyala.com/player.js?embedCode=w2bHZyNzqalzVG1hNkPOU4qyhWgt20yJ&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=w2bHZyNzqalzVG1hNkPOU4qyhWgt20yJ&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com4tag:blogger.com,1999:blog-1432940741341251033.post-38646589145664792132012-12-25T15:48:00.002-08:002012-12-25T15:48:44.720-08:00Stein: Static Rates Would Be `Highly Unusual'<div dir="ltr" style="text-align: left;" trbidi="on">
Gabriel Stein, founder of Stein Brothers, discusses interest rates and fiscal policy.<br />
<script src="http://player.ooyala.com/player.js?embedCode=9ubXZyNzo4UddC1e7Mk37CsFzpPXthIq&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=9ubXZyNzo4UddC1e7Mk37CsFzpPXthIq&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-91932505585337461472012-12-25T15:45:00.001-08:002012-12-25T15:45:33.965-08:00Streible: Silver is #1 Commodity Pick of 2013<div dir="ltr" style="text-align: left;" trbidi="on">
RJ O'Brien & Associates Senior Commodity Broker Phil Streible explains why he thinks silver will be the number one commodity pick for 2013<br />
<script src="http://player.ooyala.com/player.js?embedCode=5udjN1NzryHUfufH2j_FbchbqP8hiOt2&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=5udjN1NzryHUfufH2j_FbchbqP8hiOt2&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com1tag:blogger.com,1999:blog-1432940741341251033.post-24791617074556032542012-12-25T15:41:00.003-08:002012-12-25T15:41:48.599-08:00Morganlander: Global Growth Dead in the Water<div dir="ltr" style="text-align: left;" trbidi="on">
Stifel Nicolaus Portfolio Manager Chad Morganlander sees a choppy first half in 2013, but second half growth could surprise to the upside and even reach "escape velocity."<br />
<script src="http://player.ooyala.com/player.js?embedCode=NpeTN1NzrktzzuVmv2jwooRzoFZbIziJ&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=NpeTN1NzrktzzuVmv2jwooRzoFZbIziJ&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-25730535955103746702012-12-25T15:38:00.000-08:002012-12-25T15:38:15.429-08:00Barron's: Europe Stocks on Sale<div dir="ltr" style="text-align: left;" trbidi="on">
Ralph Silva, VP of Banking Strategy, HfS Research discusses Barron's cover story which forecasts Europe stocks could rally as much as 20% in 2013.<br />
<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="380" id="cnbcplayer" width="400"> <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="flashVars" value="startTime=000"/> <param name="flashVars" value="endTime=000"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136926/code/cnbcplayershare" /> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136926/code/cnbcplayershare" type="application/x-shockwave-flash" /></object></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-9117772591550171922012-12-25T15:24:00.001-08:002012-12-25T15:24:28.247-08:00Jason Trennert's 'Nifty Fifty'<div dir="ltr" style="text-align: left;" trbidi="on">
Jason Trennert of Strategas Research Partners, explains why he thinks some US stocks (Google, Microsoft, McKesson) are headed towards a "nifty fifty" trend because of financial repression. There are 25 companies whose CDS are trading below US Sovereign CDS.<br />
<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="380" id="cnbcplayer" width="400"> <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="flashVars" value="startTime=000"/> <param name="flashVars" value="endTime=000"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000137205/code/cnbcplayershare" /> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000137205/code/cnbcplayershare" type="application/x-shockwave-flash" /></object></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-23508525203532707732012-12-25T15:16:00.002-08:002012-12-25T15:16:48.239-08:00James Montier at the European Investing Summit<div dir="ltr" style="text-align: left;" trbidi="on">
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" mozallowfullscreen="mozallowfullscreen" src="http://player.vimeo.com/video/50907097" webkitallowfullscreen="webkitallowfullscreen" width="540"></iframe><br />
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" mozallowfullscreen="mozallowfullscreen" src="http://player.vimeo.com/video/50903782" webkitallowfullscreen="webkitallowfullscreen" width="540"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-25471295422219609572012-12-25T15:00:00.001-08:002012-12-25T15:00:42.013-08:00Michael Mauboussin on luck vs. skill<div dir="ltr" style="text-align: left;" trbidi="on">
Michael Mauboussin of Legg Mason is the author of <i>The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing</i>. He was recently interviewed by Miguel Barbosa.<br />
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" mozallowfullscreen="mozallowfullscreen" src="http://player.vimeo.com/video/56003855" webkitallowfullscreen="webkitallowfullscreen" width="540"></iframe> <a href="http://vimeo.com/56003855">Michael Mauboussin: The Success Equation Untangling Skill and Luck in Business, Sports, and Investing</a> from <a href="http://vimeo.com/klevr">Miguel Barbosa</a> on <a href="http://vimeo.com/">Vimeo</a>.<br />
<a href="http://www.scribd.com/doc/117632254" style="-x-system-font: none; display: block; font-family: Helvetica,Arial,Sans-serif; font-size-adjust: none; font-size: 14px; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: normal; margin: 12px auto 6px auto; text-decoration: underline;" title="View Interview with Michael Mauboussin: The Success Equation Untangling Skill and Luck in Business, Sports, and Investing on Scribd">Interview with Michael Mauboussin: The Success Equation Untangling Skill and Luck in Business, Sports, and ...</a><iframe class="scribd_iframe_embed" data-aspect-ratio="" data-auto-height="true" frameborder="0" height="600" id="doc_59325" scrolling="no" src="http://www.scribd.com/embeds/117632254/content?start_page=1&view_mode=scroll" width="100%"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-80276147924166485822012-12-25T14:56:00.003-08:002012-12-25T14:56:43.422-08:00Howard Marks on Value Investing, <div dir="ltr" style="text-align: left;" trbidi="on">
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" src="http://www.youtube.com/embed/gocAlmJ_YHs" width="540"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-63851176219335636692012-12-25T14:53:00.002-08:002012-12-25T14:53:46.787-08:00Jim Grant: Honey, I Shrunk the Yield Curve!!<div dir="ltr" style="text-align: left;" trbidi="on">
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="315" src="http://www.youtube.com/embed/oImLcDApNfA?list=UU8eFERtcxPZ-M3Cxkh7zhtQ" width="540"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-28040474148333904352012-12-25T14:51:00.002-08:002012-12-25T14:51:58.691-08:00Jim Rickards: Fed is Racing to Create Inflation<div dir="ltr" style="text-align: left;" trbidi="on">
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="315" src="http://www.youtube.com/embed/JwssgNDIwGI?list=UU8eFERtcxPZ-M3Cxkh7zhtQ" width="540"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-67298009306592434622012-12-25T14:49:00.002-08:002012-12-25T14:50:32.402-08:00Ryan Morris: 28-Year-Old Activist Investor<div dir="ltr" style="text-align: left;" trbidi="on">
Ryan Morris launched Meson Capital Partners in Feb 2009 with $50K. He invested 40% of the fund in 3 companies and was up 753% gross for the year. In 2010, Whitney Tilson and Zeke Ashton of Centaur Capital Partners became seed investors, but Morris struggled and evolved into an activist investor knowing that he couldn't count on 2009-type market opportunities, and needed a more durable advantage.<br />
<br />
Morris currently has 33 investors and $15M AUM.<br />
<br />
Activist situations he has been involved in include HearUSA, InfuSystem, Pinnacle Airlines, and Lucas Energy.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkrky2oKT-6FT8yM7FTnyMOIT20hVwmqMFKbArNyHG8cCyWrg8Pxgn70H0RL7W0CiBnkKejhIai_G4bHCPMTmBWayLZ4jjSVQZLVWU5fhpvHDwlwjntJU-r_KGx92a286MdVWKA98RkuBQ/s1600/investing_activist52__01inline__405b%5B1%5D.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="289" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkrky2oKT-6FT8yM7FTnyMOIT20hVwmqMFKbArNyHG8cCyWrg8Pxgn70H0RL7W0CiBnkKejhIai_G4bHCPMTmBWayLZ4jjSVQZLVWU5fhpvHDwlwjntJU-r_KGx92a286MdVWKA98RkuBQ/s320/investing_activist52__01inline__405b%5B1%5D.jpg" width="320" /></a></div>
<br />
See full article in Businessweek: <b><a href="http://www.businessweek.com/articles/2012-12-20/ryan-morris-28-year-old-activist-investor">Ryan Morris, 28-Year-Old Activist Investor</a></b><br />
<script src="http://player.ooyala.com/player.js?embedCode=lyYzRzNzrNzP6OmghM2S6JAQzejktPwk&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=lyYzRzNzrNzP6OmghM2S6JAQzejktPwk&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com1tag:blogger.com,1999:blog-1432940741341251033.post-41300400773150747812012-12-25T14:31:00.001-08:002012-12-25T14:31:17.992-08:00Howard Davidowitz on Holiday Sales, Economy<div dir="ltr" style="text-align: left;" trbidi="on">
Retail sales are a "train wreck." Autos and homes are doing well, but are vulnerable.<br />
<script src="http://player.ooyala.com/player.js?embedCode=RxdHh0NzoBl0dHh7pVKpYvi3_8a1nVKi&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=RxdHh0NzoBl0dHh7pVKpYvi3_8a1nVKi&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-31485763117639134542012-12-20T23:21:00.000-08:002012-12-20T23:21:57.882-08:00Leon Cooperman on CNBC<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="380" id="cnbcplayer" width="400"></p>
<p>
<param name="type" value="application/x-shockwave-flash"/></p>
<p>
<param name="allowfullscreen" value="true"/></p>
<p>
<param name="allowscriptaccess" value="always"/></p>
<p>
<param name="quality" value="best"/></p>
<p>
<param name="scale" value="noscale" /></p>
<p>
<param name="wmode" value="transparent"/></p>
<p>
<param name="bgcolor" value="#000000"/></p>
<p>
<param name="salign" value="lt"/></p>
<p>
<param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136439/code/cnbcplayershare"/></p>
<p>
<embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136439/code/cnbcplayershare" type="application/x-shockwave-flash" /></p>
<p>
</object><br />
</div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-29176377786434423022012-12-20T23:06:00.003-08:002012-12-20T23:18:43.190-08:00Kyle Bass speech at AmeriCatalyst<div dir="ltr" style="text-align: left;" trbidi="on">
Sadly, embedding of the video is disabled, but Kyle Bass's speech can be viewed in its entirety on Youtube: <a href="http://www.youtube.com/watch?v=JUc8-GUC1hY&feature=youtu.be" style="font-weight: bold;">AmeriCatalyst 2012 The Entanglement</a><br /><br />ValueWalk also has a good read on recent position changes at Hayman: <b><a href="http://www.valuewalk.com/2012/12/kyle-bass-purchases-ten-percent-of-two-companies/">Kyle Bass Purchases Ten Percent Of Two Companies</a></b></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-47327987823252433622012-12-20T22:59:00.003-08:002012-12-20T22:59:54.774-08:0050 minutes of Marc Faber. Better than porn??<div dir="ltr" style="text-align: left;" trbidi="on">
One of the comments on <b><a href="http://www.youtube.com/watch?v=fWI2OPcabtk&feature=youtu.be">Youtube</a></b>: "<i>Marc Faber? 50 minutes? Almost better than porn</i>"<br />
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="360" src="http://www.youtube.com/embed/fWI2OPcabtk" width="540"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-88306174839337719512012-12-20T22:50:00.001-08:002012-12-20T22:50:17.039-08:00Mebane Faber: US Equities Not That Interesting<div dir="ltr" style="text-align: left;" trbidi="on">
Mebane Faber, CIO of Cambria Investment Management says that U.S. stocks are are overvalued. He recommends looking at foreign equities like those in Europe and elsewhere.<br />
<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="380" id="cnbcplayer" width="400"> <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="flashVars" value="startTime=000"/> <param name="flashVars" value="endTime=000"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000135644/code/cnbcplayershare" /> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000135644/code/cnbcplayershare" type="application/x-shockwave-flash" /></object></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-39085753868230969302012-12-20T22:46:00.000-08:002012-12-20T22:46:06.747-08:00JCPenney Stock 'a Disaster'<div dir="ltr" style="text-align: left;" trbidi="on">
Despite JCPenney CEO Ron Johnson's best efforts, the retailer's shares have very little going for them, Durban Capital's Steve Kernkraut says.<br />
<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="380" id="cnbcplayer" width="400"> <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="flashVars" value="startTime=000"/> <param name="flashVars" value="endTime=000"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136696/code/cnbcplayershare" /> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136696/code/cnbcplayershare" type="application/x-shockwave-flash" /></object></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-90047854680483419172012-12-20T22:40:00.001-08:002012-12-20T22:40:26.307-08:00Nate Silver on US Gun Control Laws, Statistics<div dir="ltr" style="text-align: left;" trbidi="on">
<script src="http://player.ooyala.com/player.js?embedCode=Q2dnVvNzppvfLOYv_O3oU3G_gZ7pXC0D&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=Q2dnVvNzppvfLOYv_O3oU3G_gZ7pXC0D&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-42789118280345976442012-12-20T22:33:00.003-08:002012-12-20T23:15:49.492-08:00Saxo Bank's `10 Outrageous Predictions' for 2013<div dir="ltr" style="text-align: left;" trbidi="on">
Steen Jakobsen, chief economist at Saxo Bank, talks about his "outrageous predictions" for the global economy and financial markets in 2013<br />
<br />
<b><a href="http://www.marketwatch.com/story/saxo-bank-10-outrageous-predictions-for-2013-2012-12-18">10 Outrageous Predictions</a></b><br />
1. DAX plunges 33 percent to 5,000<br />
2. Nationalisation of major Japanese electronics companies<br />
3. Soybeans to rise by 50 percent<br />
4. Gold corrects to $1200 per ounce<br />
5. WTI crude hits $50<br />
6. USDJPY heads to 60<br />
7. Hong Kong unpegs HKD from USD – re-pegs to RMB<br />
8. EURCHF breaks peg, touches 0.95<br />
9. Spain takes one step closer to default as interest rates rise to 10%<br />
10. 30-year US yield doubles in 2013<br />
<script src="http://player.ooyala.com/player.js?embedCode=pyMW1wNzqdH48ihZnEx55rV_iwYy6hy4&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=pyMW1wNzqdH48ihZnEx55rV_iwYy6hy4&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-80495227640246407402012-12-20T22:26:00.001-08:002012-12-20T22:26:15.870-08:00Gary Shilling on Treasuries, U.S. Economy, Budget<div dir="ltr" style="text-align: left;" trbidi="on">
<script src="http://player.ooyala.com/player.js?embedCode=Y2bm5wNzrG_LaefYB69N6RTIF0Dc9u7A&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=Y2bm5wNzrG_LaefYB69N6RTIF0Dc9u7A&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-75726776649424795122012-12-20T22:23:00.003-08:002012-12-20T22:23:38.049-08:00Whalen: Banks Are Becoming Dividend Plays<div dir="ltr" style="text-align: left;" trbidi="on">
<script src="http://player.ooyala.com/player.js?embedCode=l5NzVyNzoBQCnJXdu-QR5YYfyTUtiYvb&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=l5NzVyNzoBQCnJXdu-QR5YYfyTUtiYvb&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-68716923015285217922012-12-20T22:21:00.001-08:002012-12-20T22:35:07.009-08:00Jack Schwager interview with Opalesque<div dir="ltr" style="text-align: left;" trbidi="on">
Bestselling author Jack Schwager sits down with Opalesque.TV to discuss the findings from his latest book, Market Sense and Nonsense.<iframe src="http://www.opalesque.tv/v.php?playerwidth=640&playerheight=360&videokey=3f5a0458071791f90ff2bac22328950b" style="border-width: 0px; height: 395px; margin: 0px; width: 675px;"></iframe></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0tag:blogger.com,1999:blog-1432940741341251033.post-72076668873197244722012-12-20T22:19:00.001-08:002012-12-20T23:13:53.644-08:00Bill Ackman tears into Herbalife<div dir="ltr" style="text-align: left;" trbidi="on">
The biggest news of the day. Ackman skewers into Herbalife at Ira Sohn, calling it a "pyramid scheme." He is short over $1B (over 20M shares). It's the second "Big Short" in his career after MBIA. He claims he did not share his views with his tag team buddy Einhorn, which we doubt very seriously.<br />
<script src="http://player.ooyala.com/player.js?embedCode=5wY2ZyNzoOJaIinP64X5T1Kv-IOlhj0n&playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&width=540&deepLinkEmbedCode=5wY2ZyNzoOJaIinP64X5T1Kv-IOlhj0n&height=360&thruParam_bloomberg-ui[popOutButtonVisible]=FALSE"></script><br />
<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="380" id="cnbcplayer" width="400"> <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="flashVars" value="startTime=000"/> <param name="flashVars" value="endTime=000"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136735/code/cnbcplayershare" /> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000136735/code/cnbcplayershare" type="application/x-shockwave-flash" /></object></div>
Ruminationshttp://www.blogger.com/profile/01994286871873705219noreply@blogger.com0