tag:blogger.com,1999:blog-4153159353566582216Mon, 28 Nov 2011 00:21:46 +0000Paul KrugmanContrarian is the New MainstreamFinancial adviserBusiness and EconomyUnited StatesInvestmentFinancial servicesConspiracyTheoryVictory to The Mother of All carry Tradeshttp://kaliyugainvesting.blogspot.com/noreply@blogger.com (Mother of All Carry Trades)Blogger116125tag:blogger.com,1999:blog-4153159353566582216.post-5345178402249313807Wed, 10 Mar 2010 01:21:00 +00002010-03-09T17:21:52.403-08:00Bifurcation of American Society Continues at Pace; Nearly Half Have Less than $10K for Retirement, :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website:"The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday. The percentage of workers who said they have less than $10,000 in savingshttp://feedproxy.google.com/~r/Kyinvesting/~3/cVA7_GyBZTc/27-dont-even-have-1000-for-retirement.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/03/27-dont-even-have-1000-for-retirement.htmltag:blogger.com,1999:blog-4153159353566582216.post-5796935875015293686Wed, 24 Feb 2010 07:47:00 +00002010-02-23T23:47:49.625-08:00Charlie Munger, Warren Buffett's long time Partner writes in Slate:"Long-time business partner of Warren Buffett, Charlie Munger, writes in a new article for Slate.com that “it’s basically over” for the United States economy.In his article, the Berkshire Hathaway vice chairman constructs the parable of Basicland, whose economy just so happens to run parallel to that of America.In the beginning ofhttp://feedproxy.google.com/~r/Kyinvesting/~3/vsTSGWYYIfg/berkshire-vc-its-over.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/berkshire-vc-its-over.htmltag:blogger.com,1999:blog-4153159353566582216.post-7632468039288649234Tue, 23 Feb 2010 18:54:00 +00002010-02-23T19:30:21.882-08:00Whether due to the slow apprehension descending upon US public, or perhaps a fast apprehension descending on news editors following today's, uh, plunge, , it's interesting to note Prechter's December ?) prediction made it to BusinessWeek by late February, as now it seems to be validated by several pundits (on top of the chart). S&P 500 May Plunge in Last Elliott Wave: Technical Analysis - http://feedproxy.google.com/~r/Kyinvesting/~3/EpZszfihfU0/coming-plunge-now-in-businessweek.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/coming-plunge-now-in-businessweek.htmltag:blogger.com,1999:blog-4153159353566582216.post-359847332053571412Wed, 17 Feb 2010 07:47:00 +00002010-02-16T23:47:04.348-08:00Immanuel Wallerstein: "You know you’re living in a chaotic situation when (1) the mainstream media are constantly surprised by what is happening; (2) short-term predictions by various pundits go in radically different directions and are stated with many reserves; (3) the Establishment dares to say things or use words that were previously taboo; (4) ordinary people are frightened and angry but http://feedproxy.google.com/~r/Kyinvesting/~3/2c-7gF-T3ak/immanuel-wallerstein-ah-surprises.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/immanuel-wallerstein-ah-surprises.htmltag:blogger.com,1999:blog-4153159353566582216.post-1532587189611526345Tue, 16 Feb 2010 14:11:00 +00002010-02-16T06:11:10.484-08:00Watch CBS News Videos Onlinehttp://feedproxy.google.com/~r/Kyinvesting/~3/II2qM9LGQnY/60-minutes-on-ponzi-schemes.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/60-minutes-on-ponzi-schemes.htmltag:blogger.com,1999:blog-4153159353566582216.post-2433775116658869470Mon, 15 Feb 2010 00:40:00 +00002010-02-14T16:40:37.123-08:00This footage is amazing - Roubini is under collective fire by several anchors. What's noticeable here is they almost literally demand the Good News; and their ultimate rebuttal is that Roubini can't get us out of the mess. In other words, if you can't get us out of the mess, it measn that there is no mess. This little snippet offers a lot of insight on several levels. Such a public attack is veryhttp://feedproxy.google.com/~r/Kyinvesting/~3/yWMU0dR5DFs/roubini-abmushed-by-cnbc.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/roubini-abmushed-by-cnbc.htmltag:blogger.com,1999:blog-4153159353566582216.post-1084363236895895742Tue, 09 Feb 2010 21:05:00 +00002010-02-09T13:05:24.185-08:00http://feedproxy.google.com/~r/Kyinvesting/~3/gCrD35EDNms/gary-shilling-forget-diversification.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/gary-shilling-forget-diversification.htmltag:blogger.com,1999:blog-4153159353566582216.post-3037491748348011192Wed, 03 Feb 2010 08:44:00 +00002010-02-03T00:44:18.839-08:00Just watch the guy to the left of the talking head.http://feedproxy.google.com/~r/Kyinvesting/~3/t42CQgP9xUs/investment-banker-caught-looking-at.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/02/investment-banker-caught-looking-at.htmltag:blogger.com,1999:blog-4153159353566582216.post-2929290794506067564Sun, 03 Jan 2010 05:01:00 +00002010-01-02T21:01:20.651-08:00TrimTabs Asks: Who Is Responsible For The Non-Stop Market Rally Since March; Gives Some Suggestions | zero hedge:"As far as we know, it is not illegal for the Federal Reserve or the U.S. Treasury to buy S&P 500 futures. Moreover, several officials have suggested the government should support stock prices. For example, former Fed board member Robert Heller opined in the Wall Street Journal in http://feedproxy.google.com/~r/Kyinvesting/~3/iDBd0FGIPXI/do-cloned-bulls-dream-of-electric-sheep.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2010/01/do-cloned-bulls-dream-of-electric-sheep.htmltag:blogger.com,1999:blog-4153159353566582216.post-2793495709099326569Sun, 20 Dec 2009 20:07:00 +00002009-12-20T12:07:44.803-08:00Mish's Global Economic Trend Analysis: Cereal ... It's What's For Dinner:"Rising popularity of cereal among those looking for a cheap meal combined with plunging ingredient costs to boost the second-quarter profit of Cheerios maker General Mills Inc. 50 percent."http://feedproxy.google.com/~r/Kyinvesting/~3/9uSlwkRA-Gw/mish-on-americas-recession-diet.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/12/mish-on-americas-recession-diet.htmltag:blogger.com,1999:blog-4153159353566582216.post-3714153650983621155Fri, 18 Dec 2009 02:46:00 +00002009-12-17T18:49:27.824-08:00The fresh thin lustre on last week's rosy unemployment numbers has hardly set when today's news sober us up with an "unexpected rise in unemplyment". Oh la la, the unexpected! Now who would have thought! Running "unexpected" in Google Trends, we notice an, um, unexpected trend in the media, with many gems over the last year announcing unexpected February new home sales, Retail sales fall http://feedproxy.google.com/~r/Kyinvesting/~3/k9F3le4-VEQ/newspeak-mot-du-jour-nothing-is-more.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/12/newspeak-mot-du-jour-nothing-is-more.htmltag:blogger.com,1999:blog-4153159353566582216.post-6666432936687702661Tue, 15 Dec 2009 04:42:00 +00002009-12-14T20:58:11.516-08:00Moody's: Still too soon to discuss top sovereign-ratings changes - MarketWatch: "While several Aaa-rated countries have 'lost altitude' within their current ratings category, many countries lower down the ratings ladder have shown better-than-expected resilience to the economic crisis. In fact, Chile, Brazil, China, Hong Kong, Peru, Turkey, Indonesia have all received ratings upgrades during 2009http://feedproxy.google.com/~r/Kyinvesting/~3/qhKb2A6aP6A/its-never-right-time-to-discuss-top.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/12/its-never-right-time-to-discuss-top.htmltag:blogger.com,1999:blog-4153159353566582216.post-1005543654466563438Sat, 12 Dec 2009 08:41:00 +00002009-12-12T00:41:25.566-08:00http://feedproxy.google.com/~r/Kyinvesting/~3/T8Wrlrb3e6Y/obama-vs-bush-evil-still-exists-vs-evil.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/12/obama-vs-bush-evil-still-exists-vs-evil.htmltag:blogger.com,1999:blog-4153159353566582216.post-2526489891931466276Tue, 08 Dec 2009 23:48:00 +00002009-12-08T15:48:50.801-08:00oftwominds quotes BusinessWeek (Dec. 16), in an interesting commentary:"Almost half (46%) of 2,148 consumers surveyed recently said they weren't confident they could come up with $2,000 within a month in a crisis--from savings, family, friends, credit cards or other sources. Even among those earning $100,000 to $149,000 a year. almost 25% doubted they could raise it, according to the survey http://feedproxy.google.com/~r/Kyinvesting/~3/OLxWK518nOU/kali-yuga-here-we-come.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/12/kali-yuga-here-we-come.htmltag:blogger.com,1999:blog-4153159353566582216.post-9150471473038670506Tue, 01 Dec 2009 06:34:00 +00002009-11-30T22:34:40.039-08:00Alice Schroeder, Bloomberg.com columnist, a former managing director at Morgan Stanley, talks about Goldman execs getting pistol permits. Interesting column for other reasons too - a use of the curtain metaphore (is it time for a Wizard of Oz remake?) and of the Orwellian/Bolshevik Proles. Talk about pitchfork-brandishing mobs of proles - on Bloomberg? Indeed, so many things have come to http://feedproxy.google.com/~r/Kyinvesting/~3/vK3aEAn_Iog/when-proles-do-appear-brandishing.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/when-proles-do-appear-brandishing.htmltag:blogger.com,1999:blog-4153159353566582216.post-1329072850557134473Tue, 01 Dec 2009 04:57:00 +00002009-11-30T20:57:01.456-08:00When I grow up, I want to be just like Nassim Taleb - The renounciate trader. I love this guy. I get this guy. I hope I get his trades.Nassim Nicholas Taleb: Good Bye!:"No news, no press, no Davos, no suit-and-tie fraudsters, no fools. I need to withdraw as immediately as possible into the Platonic quiet of my library, work on my next book, find solace in science and philosophy, and mull the nexthttp://feedproxy.google.com/~r/Kyinvesting/~3/XjqpXn9LMnQ/nassim-nicholas-taleb-withdraws-from.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/nassim-nicholas-taleb-withdraws-from.htmltag:blogger.com,1999:blog-4153159353566582216.post-951937652021991695Fri, 27 Nov 2009 23:35:00 +00002009-11-28T10:17:40.339-08:00Two weeks ago Harvard professor Elizabeth Warren, who's been heading up the congressional panel overseeing bailout money spending was interviewed on PBS. In her answer to the first question, Warren pointed out that while the catastrophe was stopped, the underlying Wall Street regulations aren't changing. In her words, "nobody goes to bed now and worried that, when we wake up tomorrow http://feedproxy.google.com/~r/Kyinvesting/~3/EYdvMB8U_Lw/elizabeth-warren-not-losing-sleep-over.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/elizabeth-warren-not-losing-sleep-over.htmltag:blogger.com,1999:blog-4153159353566582216.post-8231021018737826737Sun, 22 Nov 2009 20:03:00 +00002009-11-24T23:38:39.221-08:00An article in LA Times covers research on the effect of moral beliefs and emotional background on defaulting on a home loan. LAtimes.com: "When push comes to shoving your loved ones out the door, Bob Hunt of Keller Williams O.C. Coastal Realty in San Clemente says the moral duty to protect your family outweighs the moral duty to repay the loan. 'Promise keeping is not the highest moral value,' http://feedproxy.google.com/~r/Kyinvesting/~3/bF-WJcbIVfI/upadanas-role-in-mortgage-crisis.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/upadanas-role-in-mortgage-crisis.htmltag:blogger.com,1999:blog-4153159353566582216.post-3722378646924212685Sat, 21 Nov 2009 06:08:00 +00002009-11-20T22:08:55.473-08:00John Paulson - Wikipedia, the free encyclopedia: "Paulson & Co., Inc. had assets under management (as of June 1, 2007) of $12.5 billion (95% from institutions), which leapt to $36 billion as of November 2008. Under his direction, Paulson & Co has capitalized on the problems in the foreclosure and mortgage backed securities (MBS) markets. In 2008 he decided to start a new fund that would http://feedproxy.google.com/~r/Kyinvesting/~3/aRvSeOvFCHE/who-john-paulson-consulted-with-before.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/who-john-paulson-consulted-with-before.htmltag:blogger.com,1999:blog-4153159353566582216.post-8900676392526822252Sat, 21 Nov 2009 02:51:00 +00002009-11-20T18:51:04.772-08:00How To Survive The Coming Global Economic Collapse: Not just for the Argentina text... it's great, and reminded me of my very own hyperinflation traumas. But the image of Mad Max in the article above was even better. I was waiting for these images to come up. Ready for Bartertown?http://feedproxy.google.com/~r/Kyinvesting/~3/5bY6jzTmung/how-to-survive-coming-global-economic.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/how-to-survive-coming-global-economic.htmltag:blogger.com,1999:blog-4153159353566582216.post-6020820915381965215Fri, 20 Nov 2009 18:31:00 +00002009-11-20T10:31:14.819-08:00I wouldn't waste a keyboard click on quoting once again an analyst that values gold at $x000 - if it came from an alarmist newsletter promo. But tracking the movement of gold as a trend in public consciousness, the source for this broadcast is interesting:CNBC Stock Blog — Gold's Money Value is $4,000-$11,000: Strategist — CNBC.com Market News - CNBC Stock Blog - CNBC.com:"Rickards said he’s beenhttp://feedproxy.google.com/~r/Kyinvesting/~3/qdyaX2W2HWQ/now-on-cnbc-gold-as-money.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/now-on-cnbc-gold-as-money.htmltag:blogger.com,1999:blog-4153159353566582216.post-4910844849555247937Fri, 20 Nov 2009 06:43:00 +00002009-11-19T22:43:48.646-08:00WSJ.com:"EW YORK—Demand for gold coins and bars, already strong as the price of gold sets records, could rise as the U.S. Mint is set to resume selling certain types of gold coins Dec. 3.Last year, the Mint had to halt sales of half-, quarter- and tenth-ounce coins because of a shortage of blank coins. It now has enough supply to do so.'The demand is strong, but we also need to have the blanks tohttp://feedproxy.google.com/~r/Kyinvesting/~3/ZO9Q9nm7AdE/us-mint-to-resume-selling-some-gold.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/us-mint-to-resume-selling-some-gold.htmltag:blogger.com,1999:blog-4153159353566582216.post-7816768168675623776Wed, 18 Nov 2009 16:19:00 +00002009-11-18T08:19:26.984-08:00It took months (and some Chinese wisdom) for Roubini's "W" model, an apocalyptic prophecy, to travel the international synapses from the lunatic fringe of NY University professors, through Wall street columnists, to The Man of Hope himself.Obama: Too much debt could fuel double-dip recession (Reuters):"BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the needhttp://feedproxy.google.com/~r/Kyinvesting/~3/F89E_O_RUxs/obama-joins-roubini-in-w-recession.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/obama-joins-roubini-in-w-recession.htmltag:blogger.com,1999:blog-4153159353566582216.post-5977347706726694449Wed, 18 Nov 2009 16:08:00 +00002009-11-18T08:08:36.023-08:00Housing Starts in U.S. Unexpectedly Plunge 11% (Update2) - Bloomberg.com:"Nov. 18 (Bloomberg) -- Builders in October unexpectedly broke ground on fewer U.S. houses as the sales outlook darkened with the looming expiration of a government tax credit and mounting joblessness."Who could have known? The future not ours to see.http://feedproxy.google.com/~r/Kyinvesting/~3/iP-J94AKWv4/oh-unexpected-newspeak-dept.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/oh-unexpected-newspeak-dept.htmltag:blogger.com,1999:blog-4153159353566582216.post-2061265289652008838Wed, 18 Nov 2009 01:00:00 +00002009-11-17T17:00:01.166-08:00Every day, analysts compare this crisis to others. This is a cycle that presumably affects the economy. Analysts wax poetic comparing cycles to the seasons of the year, waves of the sea, what have you. On one level, it's so true. On another, waxing poetic about repeating waves and the cosmic order is a poor excuse for addiction, especially after having been repeatedly faced with the dire http://feedproxy.google.com/~r/Kyinvesting/~3/P9AAsJ5C48k/cycles.htmlnoreply@blogger.com (Mother of All Carry Trades)0http://kaliyugainvesting.blogspot.com/2009/11/cycles.html