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Stocks
SOS Update: Up 20%
End of another dramatic week, and the Short Only Strategy is now up 20%. Thanks of course to some huge downmoves since last week, especially on HDIL. Current ...
Commentary
Buffett – Down but Not Out?
Buffett’s saga continues. The shares of BRK-A were down, at the bottom a couple days back, to nearly 50% of their highs of $150K. His derivatives bet ...
Commentary
Bangalore Pink Slips and Resilient People
Meltdown impact: It was over in 5 minutes Sandeep Jadhav, a 27-year-old professional in India’s outsourcing industry, had only seen the good times. He worked ...
Commentary
World Recession Is Here
From Stratfor’s Geopolitical Diary (Subscribe only) The world, at least by our reckoning, is now officially in recession. The downturn has three strands. ...
Commentary
The Starbucks Theory
Says Daniel Gross, in Slate: …I propose the Starbucks theory of international economics. The higher the concentration of expensive, nautically themed, ...
Opinion
Sell Indian companies our dollars; get rid of "reserves"
From ET: Minister of State for Industry Ashwani Kumar said the government will consider Tata Group Chairman Ratan Tata’s proposal of setting up a special ...
Economy
Excess Power – the next boom, after five years?
I’ve been posting very randomly nowadays. A link here, a view there, but nothing coherent seems to emerge – I know I’ve been bearish, but ...
Charts & Analysis
Insider Buying: Not quite bullish
Bloomberg thinks insider buying is no longer bullish, but is actually indicative of a decline to come. Insider buying, a bullish signal for two decades, lost ...
Stocks
Citi laying of 50,000?
According to CNBC: Citigroup plans to announce a writedown of as much as $24 billion and layoffs that could total as much as 24,000 due to subprime and ...
Stocks