Archive for October, 2010File not found. Citi (C.N) on foreclosuregate
Highlights from Citi (C.N) earnings call on foreclosuregate. Nothing inspiring.Housing Data better than expected
NAHB/Wells Fargo Home Builder Confidence Index rose, better than expected (with chart).
Markets. 18 October, 2010, 20:18US Investment Views 18 Oct
Asia was down, European markets fluctuate. Citi (C.N) just reported 3Q result.Citi 3Q result: bottom line slightly beats estimate
Citi reports 3Q result: bottom-line slightly beat estimate. Nothing said on foreclosuregate as yet.Foreclosuregate: Prepare for the flood of repurchase
Zerohedge obtained an internal memo of Wells Fargo (WFC.N) on handling repurchase requests.
Politics & Society. 18 October, 2010, 18:10Second Cold War (part 3): Economic Warfare
It’s the economy, stupid. China is hardly the first one to play the economic warfare in foreign affairs, and certainly will not be the last.
People. 18 October, 2010, 15:09George Soros: when analytical philosophy meets investment
George Soros is a great man to me not because he is rich, but because he is a great thinker.Why Chinese Yuan (RMB) is not the solution to US Trade Deficit?
The simple answer to why the trade deficit is so high is that both the private and public sectors are spending too much and saving too little.
Markets. 18 October, 2010, 8:45Asia Investment Views 18 Oct
Market sentiments are all-time high as judged from newspapers headlines, but the author continues to highlight two risks that worry him.
Markets. 17 October, 2010, 22:45Week in review 11 to 16 Oct 2010
It is time to review what has happened and to preview what will happen in the coming week.
Markets. 16 October, 2010, 22:02Volatility Index (VIX): Fat Tail
The Volatility Index (VIX) is currently in recent low. It may look great statistically, the distribution has a fat tail.Consumer sentiment lower in October
Consumer sentiment fell in October according to Reuters/University of Michigan.
Markets. 15 October, 2010, 21:06US Investment Views 15 Oct (V. 2)
QE2 looks like on its way, but Bernanke did not tell us how much. The markets continue to bet on a big QE2.Ben Bernanke’s Speech: Highlights
Ben Bernanke thinks the economic condition may require more stimuli. FOMC will provide more support, but he did not say how much they will do.
Markets. 15 October, 2010, 20:05US Investment Views 15 Oct (V. 1)
Everyone is nervously waiting for the speech of Ben Bernanke. Only worthy mention at this moment is GE (GE.N) 3Q bottom-line beats estimates, but revenue number disappoints.Ben Bernanke to speak tonight
Ben Bernanke will speak tonight (HKT). Expect to here about monetary policy from the Fed’s Chief.
Markets. 15 October, 2010, 9:01Asia Investment Views 15 Oct
US market dropped slightly, as bank stocks dropped amid the concerns on the foreclosure mess. Google (GOOG.O) result beat estimates. US trade deficit with China widen.PPI increased more than expected
Producer prices have risen more than consensus, but still quite low.US initial jobless claim increased
Initial Jobless Claim for last week increased.
Markets. 14 October, 2010, 20:01US Investment Views 14 Oct
Asia went up like crazy, and European markets are mixed. Google 3Q result tonight, and Yahoo! might be bought by AOL.