Sorted Weekly Tweets

Central Banking


  • Norway Faces Housing Bubble as Krone Steals Policy Agenda By cheapening the currency Norway gets an asset bubble $$ Mar 17, 2012
  • Unintended Consequences Sprott suggests that the financial system has a chemical dependency on the Central Banks. $$ Mar 17, 2012
  • Is the bond market tightening for the Fed? The bond market is larger than the Fed; they can’t control the curve $$ Mar 17, 2012
  • Germany Turns Up Pressure on ECB Difficult to see how the liquidity drains out of the ECB ~3 years from now $$ Mar 13, 2012
  • China central bank news conference on policy, yuan & Japan buys Yuan, don’t think it means much Mar 13, 2012
  • Bond market certainly did not like the FOMC statement. “Don’t worry about energy prices, we got it all under control.” $$ #fuelinginfltion Mar 13, 2012


Investment Banking


  • Why banks will continue to rip off clients Conflicts on Wall Street, especially at $GS. Big guys know that. So what? Mar 17, 2012
  • Goldman Sachs’s long history of duping its clients Tells the story of how $GS foxed its way out of Penn Central CP $$ Mar 17, 2012
  • The CMBS maturity wall is here I remember buying CMBS deals 11-12 years ago. Bullet loans weak if can’t refinance $$ Mar 17, 2012
  • Goldman Roiled by Op-Ed Loses $2.2B for Shareholders A passing matter; of course IBs have conflicts of interest #duh Mar 17, 2012




  • Bo’s Ides of March Not so much a move to the right as a statement against being flashy and self-promoting $$ Mar 17, 2012
  • Chinese Economy Already in ‘Hard Landing,’ JPMorgan’s Mowat Says Cyclical industries will produce less in China 2012. Mar 17, 2012
  • China’s official admission of slowing commerce activities When a long trend changes, often moves further than expected Mar 17, 2012
  • China’s fixed asset investment growth moderating “Growth in real estate and manufacturing projects remains steady.” $$ Mar 13, 2012
  • GMO: Something’s Fishy in China Goes through the 10 signs of a bubble; finds that Chinese economy has most of them $$ Mar 13, 2012
  • US and Europe Move on China Minerals WTO ruled against China in January, pressing similar case 17 rare-earth metals Mar 13, 2012
  • Another call for an end to China driven industrial commodities “super-cycle” Investment is way too high & unproductive Mar 13, 2012


Rest of the World


  • Sarkozy’s Yield Drop at Risk With Hollande Victory Surprise, if Hollande cares for poor in France, E-Zone suffers $$ Mar 17, 2012
  • Saudi Arabia Lifts Curtain on Diplomacy as Syria Killings Spur King to Act Favors 85% Sunnis over ruling 15% Alawites Mar 13, 2012
  • How about those Japanese net-net’s? Making money in very ill-known small companies in Japan $$ Mar 13, 2012
  • The Islamic World’s Quiet Revolution They’re having fewer children, which I already noted here: $$ Mar 13, 2012
  • Portugal Yield at 13% Says Greek Deal Not Unique After Greece, the next places to watch are Portugal & Spain. $$ Mar 13, 2012
  • Iran-Israel History Suggests a Different Future I never knew that Israel sold weapons to Iran in the ’80s. $$ Mar 13, 2012


Financial Sector


  • MetLife CEO’s Stress Test $MET doesn’t deserve to be treated as a systemically risky firm. Long liabilities protect Mar 17, 2012
  • Assurant Falls as California Seeks Rate Cuts FD: long $AIZ; this is overrated; ability of the commissioner limited $$ Mar 17, 2012
  • Felix Salmon At Columbia Journalism School: Don’t Blame Journalists For Failing To Prevent Financial Crisis true, but Mar 13, 2012
  • Journalists, even if they understood what was going on in the finl mkts would face a tough time writing warnings in the midst of boom $$ Mar 13, 2012
  • US Government Agencies Comparing Notes On Algo Feeds Little speed advantages w/econ data can lead to big profits #SEC Mar 13, 2012
  • Marketview:Point of Reference “4 the 1st time this yr I can feel the true bullish sentiment among the investing public” Mar 13, 2012
  • Banks foreclosing on churches in record numbers Frankly, I am surprised that banks lend to some churches. $$ Mar 13, 2012
  • Banks Buy Treasuries at Seven Times Pace in 2011 What else to do with all the excess liquidity & weak borrowing $$ Mar 13, 2012


US Government-Related


  • Pension Benefit Costs Cut by Record 43 States, Study Says State take actions to reduce benefits to active employees Mar 17, 2012
  • Best Treasury Forecaster Says 10-Year Yield to Drop From Highs Don’t be too sure about Treasury rates rising $$ Mar 17, 2012
  • International Demand for U.S. Assets Rises As the E-Zone gets worse, demand for US debt improves. $$ Mar 17, 2012




  • Temporary Hedges eventually force Deleveraging On Energy Future Holdings, & why predicting the future is tough $$ Mar 17, 2012
  • Cyclicals persistent underperformance Cyclicals started underperforming in August. Relatively they never recovered. $$ Mar 17, 2012
  • Magnetic Fields Good post. This graph is worth a look: May help explain recent lost decade $$ Mar 13, 2012
  • Stock Compensation, Tax Law, Financial Reporting and Facebook’s IPO Future dilution may pressure $FB shares $$ Mar 13, 2012
  • A Value Investor’s Take on Shorting Tactical discipline, not structural, b/c market can go nuts. Can help hedge $$ Mar 13, 2012




  • Considering Bankruptcy? Head to the Mall Legal services offered for simple situations in mall locations. $$ Mar 13, 2012