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<channel>
	<title>Wall Street All-Stars» Bruce Krasting</title>
	
	<link>http://wallstreetallstars.com</link>
	<description>Stock picks, trading ideas and portfolio strategies from Wall Street's best traders, investors and pundits.</description>
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		<title>A Surprising Conversation With Athens</title>
		<link>http://wallstreetallstars.com/a-surprising-conversation-with-athens/</link>
		<comments>http://wallstreetallstars.com/a-surprising-conversation-with-athens/#comments</comments>
		<pubDate>Tue, 15 May 2012 18:18:35 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Euro Zone]]></category>
		<category><![CDATA[Greece]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33799</guid>
		<description><![CDATA[If you read me on a regular basis you know that I speak with a fellow in Athens who is connected to the shipping industry and the government. I provide links below to some of those articles to establish this person’s credibility. He’s been pretty much right on things that have happened in his hometown. [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<slash:comments>1</slash:comments>
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		<title>A Different Buffett Rule – One That Would Work</title>
		<link>http://wallstreetallstars.com/a-different-buffett-rule-one-that-would-work/</link>
		<comments>http://wallstreetallstars.com/a-different-buffett-rule-one-that-would-work/#comments</comments>
		<pubDate>Wed, 18 Apr 2012 12:26:50 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33326</guid>
		<description><![CDATA[This was a dumb piece of legislation. The joke was that it would have only raised $5b a year. That’s chump change. It never had a chance of passing. It was a show pony for the November election. Shame on Obama for making a circus out of what is (was) a necessary debate. If I [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<title>Yellen Vs. Geithner – Two Views</title>
		<link>http://wallstreetallstars.com/yellen-vs-geithner-two-views/</link>
		<comments>http://wallstreetallstars.com/yellen-vs-geithner-two-views/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 15:29:28 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33293</guid>
		<description><![CDATA[Janet Yellen, Bernanke&#8217;s soul mate (and mouthpiece) spoke last week. She argued that the Federal Reserve&#8217;s Zero Interest Rate Policy (ZIRP) should be maintained for another three years. Tim Geither, Obama&#8217;s side kick, had a completely different take on the economy on the Sunday talk shows. And all this time I though it was only [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<title>Three Conversations</title>
		<link>http://wallstreetallstars.com/three-conversations/</link>
		<comments>http://wallstreetallstars.com/three-conversations/#comments</comments>
		<pubDate>Fri, 13 Apr 2012 14:10:18 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Markets]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33240</guid>
		<description><![CDATA[I’ve had some interesting conversations in the past few days with folks whose opinions I consider important. I&#8217;m passing them on:  I &#160; I spoke with my Greek shipper friend from Athens about the upcoming May 6 election. This is an event that should be feared by the markets according to this person. There are [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Houston – We have a problem, in Switzerland</title>
		<link>http://wallstreetallstars.com/houston-we-have-a-problem-in-switzerland/</link>
		<comments>http://wallstreetallstars.com/houston-we-have-a-problem-in-switzerland/#comments</comments>
		<pubDate>Wed, 11 Apr 2012 15:35:11 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Euro Zone]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>
		<category><![CDATA[International]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33143</guid>
		<description><![CDATA[The ‘risk off’ trade is commanding the markets. A subtle, but interesting example is the EURCHF. For four days the EURCHF has held to 1/8th percent away from the official 1.2000 peg. It sits at 1.2016 as I write. Wherever you look, from China to Japan, to the USA, and the EU, trouble is brewing. [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Betting on the race to the bottom</title>
		<link>http://wallstreetallstars.com/betting-on-the-race-to-the-bottom/</link>
		<comments>http://wallstreetallstars.com/betting-on-the-race-to-the-bottom/#comments</comments>
		<pubDate>Mon, 09 Apr 2012 15:03:47 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Japan]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33073</guid>
		<description><![CDATA[On Monday and Tuesday the market’s attention will be on the USA and the negative economic implications of the Nonfarm payroll (NFP) miss. Market eyes will also be focused on the bond markets in Italy and Spain. As of last Thursday, Europe seemed to be on the verge of another “accident.” The EURCHF closed the [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<title>On FX</title>
		<link>http://wallstreetallstars.com/on-fx-2/</link>
		<comments>http://wallstreetallstars.com/on-fx-2/#comments</comments>
		<pubDate>Fri, 06 Apr 2012 15:44:04 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=33043</guid>
		<description><![CDATA[There was a mini flash crash in the EURCHF cross this morning. Two charts on the price move: (Link and Link)   . I was watching markets on a screen. When I saw the EURCHF price break I called a lady I know on an FX desk. She picked up the phone after a few [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<title>Bernanke – I’m Slowing Down the Ship</title>
		<link>http://wallstreetallstars.com/bernanke-im-slowing-down-the-ship/</link>
		<comments>http://wallstreetallstars.com/bernanke-im-slowing-down-the-ship/#comments</comments>
		<pubDate>Thu, 05 Apr 2012 14:50:38 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=32987</guid>
		<description><![CDATA[A full trading day after the release of the Fed minutes has brought us some reasonably significant changes in market levels. S&#38;P –1.5%, Gold – 3.5%, Crude –1.5%. Apparently, the confirmation that it is on hold surprised the market. (link) I’m not surprised. Bernanke understands that  upping the anti with more QE would send the [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<title>Social Security – Good News, Bad News</title>
		<link>http://wallstreetallstars.com/social-security-%e2%80%93-good-news-bad-news/</link>
		<comments>http://wallstreetallstars.com/social-security-%e2%80%93-good-news-bad-news/#comments</comments>
		<pubDate>Mon, 02 Apr 2012 14:01:51 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>
		<category><![CDATA[Markets]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=32885</guid>
		<description><![CDATA[The Good News Social Security (SS) has released estimates for both payroll tax revenues and benefits paid for April. The results are adjusted for the 2% payroll tax reduction.  (The Treasury pays SS monthly for the shortfall.) The numbers tell an interesting story. Revenues from FICA and SECA taxes are up significantly in the first [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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		<title>Pests</title>
		<link>http://wallstreetallstars.com/pests/</link>
		<comments>http://wallstreetallstars.com/pests/#comments</comments>
		<pubDate>Tue, 27 Mar 2012 14:11:55 +0000</pubDate>
		<dc:creator>Bruce Krasting</dc:creator>
				<category><![CDATA[All-Star Originals]]></category>
		<category><![CDATA[Federal Reserve (FOMC)]]></category>
		<category><![CDATA[Markets]]></category>

		<guid isPermaLink="false">http://wallstreetallstars.com/?p=32728</guid>
		<description><![CDATA[Ben B&#8217;s speech got a big cheer from the stock market. I think Obama was cheering too. Two views:  ********************************************* &#160; Other Pests If you live in America, you know it has been unusually hot. During the week of March 18, 3,550 heat records were set. The spring heat has brought us a large new [...]<h3>Author information</h3><div class="ts-fab-wrapper" style="overflow:hidden"><div class="ts-fab-photo" style="float:left;width:64px"><img alt='Bruce Krasting' src='http://0.gravatar.com/avatar/6f8509c6581335be98602e158e5e89d2?s=64&amp;d=blank&amp;r=G' class='avatar avatar-64 photo' height='64' width='64' /></div><!-- /.ts-fab-photo --><div class="ts-fab-text" style="margin-left:74px"><div class="ts-fab-header"><div style="font-size: 1.25em;margin-bottom:0"><strong>Bruce Krasting</strong></div></div><!-- /.ts-fab-header --><div class="ts-fab-content" style="margin-bottom:0.5em">I’ve been writing for the professional press for the last five years and have been on the Fox Business channel several times as a guest describing my written work. In January 2009, I started writing my blog Bruce Krasting (http://brucekrasting.blogspot.com). From 1990-1995 I ran a private hedge fund in Greenwich Ct. called Falconer Limited. Investments were driven by macro developments. We expressed our views in global bonds, currencies, stocks, commodities and derivatives. I closed the fund and retired in 1995. I’ve also been employed by Drexel Burnham Lambert, Citicorp, Credit Suisse and Irving Trust Corp. I hold a bachelor’s degree in economics from Ithaca College and currently live in Westchester, NY.</div><div class="ts-fab-footer"></div><!-- /.ts-fab-footer --></div><!-- /.ts-fab-text --></div><!-- /.ts-fab-wrapper -->]]></description>
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