We have all heard about the correlation between hemlines and the stock market, the lower the market goes the lower hemlines go.  However, the good folks at The Socionomist (they can be found at www.socionomics.net ) have added things like baby names and colors of clothes and design and color of cars as well as [...]

One author has reported that if the US economy experiences a precipitous drop, the trigger for such action could be some event seemingly unrelated event in a smaller European country.  “If the trouble starts — and it remains an “if” — the trigger may well be obscure to the concerns of most Americans: a missed [...]

Here is an interesting article on the 25 companies which, according to the author, are most likely to default.  Interestingly, along with several Greek institutions, four of those are Chinese companies. 
Here is a link: http://www.businessinsider.com/25-banks-default-2010-5#25-assured-guaranty-corp-1
Michael

Here is an amazing and troubling story.  Angry crowds protest with signs and bullhorns, telling their story of economic woe to all who will listen…no, not in Thailand or Greece, but in DC.  The protesting crowds of over 700 people surrounded the home of Bank of America deputy general counsel Gregory Baer.  His home is [...]

Here is a note from another respected Wall Street advisor saying the same thing that the folks at Elliottwave have been saying, as previously noted here: sell, sell, sell.  “WHOA! Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today’s note:  Do your friends a favor. Tell them to [...]

Based on an increase in sales of its cars and cost reductions a result of its bankruptcy and other cost cutting moves, GM reported a profit of 865 million for last quarter, on revenue of 31.5 billion dollars, which was up 40%.  Note that for the same period, Ford (which avoided bankruptcy and government loans) [...]

Here is an interesting article which presents a cogent case against Supreme Court nominee Elena Kagen, but what makes this interesting and rare is the author’s perspective.  Here is a sample: “Second, I believe Kagan’s absolute silence over the past decade on the most intense Constitutional controversies speaks very poorly of her.  Many progressives argued [...]

In a move described as a financial shock and awe bail out package, European governments together with assistance from the Federal Reserve announced a bail out for weak European governments of over 1 trillion Euros.  “Stock futures skyrocketed Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt [...]

In trying to convince markets (and themselves) that the Greek debt problem is a localized issue and not really spreading, European governments, which include the weaker ones, like Portugal and Italy, have a agreed to an initial bail out for Greece.  Essentially, they will make Greece’s debt payments, so it does not default.  But that [...]

At one point, the Dow fell almost 1,000 points while creeping back “up” to a loss of only about 450 points.  The papers are blaming the riots in Greece, but there are many studies which show that sometimes the same event will be blamed for a loss in a market and credited for an increase [...]