Todd H: Who Needs Friends When You Have Policy?
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Todd H: Who Needs Friends When You Have Policy?
"Answers I Really Wanna Know: Who Needs Friends When You Have Policy?"
Todd Harrison
Jan 13, 2009 9:30 am
" Bernanke makes the case for more political capital.
Does the 5% slippage in mainstay averages (and 15% in the banks) over this latest four-session span officially validate the Sleep-O-Meter index?
Ben Bernanke is sounding the alarm this morning, opining that more capital will be needed, the U.S may buy or guarantee toxic assets and/or and capitalize bad banks?
While he offers “inflation may moderate further” why is he avoiding, at all costs, dreading “D” word?
Has it really been almost two years since Big Ben, Janet Yellen, Richard Fisher, Hank Paulson and Freddy Mishkin all assured us that the housing slump was well contained?
Is Bernie Madoff the best thing that ever happened to Hank Paulson?
Is it safe to say that the flag pattern in the financials—the one juxtaposed against Wal-Mart (WMT) last week—officially broke to the downside?
As go the piggies, so goes the smoke?
Think about it, in the New World Order, aren’t equity holders at the end of an increasingly long line?
Does anyone else feel that society, as a whole, is "covering up?"
Is that an inevitable consequence of shifting social mood and abating risk appetites?
Paradoxically, isn't that the opposite of what we need to do, which is stick together as we find our way?
When's the last time you were grateful for what you had rather than being bummed about what you lost?
Is it too bearish out there?
Or not bearish enough?
Would it have made a difference if the Giants deferred possession and had the wind at their back in the fourth quarter?
And how 'bout that Joe Flacco?
Are you managing risk or chasing reward?
Do you see Research in Motion (RIMM) and Baidu (BIDU) trying to put on a brave face in pre-market trade?
Seriously, like we really need Mercury Retrograde
How does one offer effective, proactive commentary these days without coming off as a Debbie Downer?
While our country is predicated on being innocent until proven guilty, how is Bernie Madoff "free" given his admission of guilt?
Is there any way to paint the pasting in the commodity space as a near-term positive for equities, particularly given the grabby greenback?
With that said, and attempting to use prices to our advantage, is GLD $80 a nice and tight defined risk?
Particularly into Turnaround Tuesday?
Have you sticky-noted "Financial Staying Power" to your desktop yet?
Where, exactly, is Morgan Stanley (MS) getting the ten figures to plow into Citigroup (C)?
What does it say that Citigroup was down another 17% on this news yesterday?
Will someone please remind me to buy the FXY (Japanese Yen) the next time it dips to par?
Is JP Morgan (JPM) reporting earnings Thursday (rather than next Wednesday) so it can raise capital (as opposed to trying to raise capital and then report earnings)?
Or is the company getting ready to make a big acquisition?
Is anyone else genuinely psyched that Jack Bauer is back on the case?
R.P."
(in www.minyanville.com)
Todd Harrison
Jan 13, 2009 9:30 am
" Bernanke makes the case for more political capital.
Does the 5% slippage in mainstay averages (and 15% in the banks) over this latest four-session span officially validate the Sleep-O-Meter index?
Ben Bernanke is sounding the alarm this morning, opining that more capital will be needed, the U.S may buy or guarantee toxic assets and/or and capitalize bad banks?
While he offers “inflation may moderate further” why is he avoiding, at all costs, dreading “D” word?
Has it really been almost two years since Big Ben, Janet Yellen, Richard Fisher, Hank Paulson and Freddy Mishkin all assured us that the housing slump was well contained?
Is Bernie Madoff the best thing that ever happened to Hank Paulson?
Is it safe to say that the flag pattern in the financials—the one juxtaposed against Wal-Mart (WMT) last week—officially broke to the downside?
As go the piggies, so goes the smoke?
Think about it, in the New World Order, aren’t equity holders at the end of an increasingly long line?
Does anyone else feel that society, as a whole, is "covering up?"
Is that an inevitable consequence of shifting social mood and abating risk appetites?
Paradoxically, isn't that the opposite of what we need to do, which is stick together as we find our way?
When's the last time you were grateful for what you had rather than being bummed about what you lost?
Is it too bearish out there?
Or not bearish enough?
Would it have made a difference if the Giants deferred possession and had the wind at their back in the fourth quarter?
And how 'bout that Joe Flacco?
Are you managing risk or chasing reward?
Do you see Research in Motion (RIMM) and Baidu (BIDU) trying to put on a brave face in pre-market trade?
Seriously, like we really need Mercury Retrograde
How does one offer effective, proactive commentary these days without coming off as a Debbie Downer?
While our country is predicated on being innocent until proven guilty, how is Bernie Madoff "free" given his admission of guilt?
Is there any way to paint the pasting in the commodity space as a near-term positive for equities, particularly given the grabby greenback?
With that said, and attempting to use prices to our advantage, is GLD $80 a nice and tight defined risk?
Particularly into Turnaround Tuesday?
Have you sticky-noted "Financial Staying Power" to your desktop yet?
Where, exactly, is Morgan Stanley (MS) getting the ten figures to plow into Citigroup (C)?
What does it say that Citigroup was down another 17% on this news yesterday?
Will someone please remind me to buy the FXY (Japanese Yen) the next time it dips to par?
Is JP Morgan (JPM) reporting earnings Thursday (rather than next Wednesday) so it can raise capital (as opposed to trying to raise capital and then report earnings)?
Or is the company getting ready to make a big acquisition?
Is anyone else genuinely psyched that Jack Bauer is back on the case?
R.P."
(in www.minyanville.com)
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