Susan Eng, Vice-President, Advocacy at CARP, sent me the video below of a recent town hall meeting on retirement security with Ontario Finance Minister Dwight Duncan:
CARP will host the Ontario Minister of Finance’s Town Hall on Retirement Security at the CARP Annual General Meeting. The Minister will be releasing an important consultation document and CARP members will have an opportunity to engage directly with the Minister in a Town Hall session.
“CARP members will be pleased to know that the Minister is taking action on the pension reform file. CARP is privileged to host the Minister and to give CARP members attending our AGM from across the country the opportunity to hear directly from the Minister about his plans to improve retirement security”, said Susan Eng, VP Advocacy for CARP
I thank Susan for sharing this with me and I applaud the Minister's commitment to enhancing CPP for more Canadians. Finance ministers across the country should take note.
To contact me, send me an email at LKolivakis@gmail.com. You can link in to me on LinkedIn by sending me an invite (just say we're friends and type in my email above). I am an independent analyst/ consultant with years of experience working on the buy and sell-side, researching and investing in traditional and alternative asset classes at two of the largest public pension funds in Canada, la Caisse de dépôt et placement du Québec and PSP Investments. I've also consulted the Treasury Board Secretariat of Canada on pension governance of the Federal Public Service Pension Plan and have been invited to speak at the Standing Committee on Finance and the Senate Standing Committee on Banking, Commerce and Trade to discuss Canada's pension system. You can follow my blog posts on your Bloomberg terminal and track me on Twitter (@PensionPulse) where I tweet daily articles on markets, pensions, health, Greece and anything else of interest.
About This Blog
I strive to make this the best blog on pensions and financial markets, a true information hub, providing candid insights you won't find elsewhere.
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The blog is intended for a wide audience, including plan sponsors, pension fund managers, board of directors, government supervisors, financial reporters, individual investors, traders, money managers, actuaries, consultants, brokers, and most importantly pension plan beneficiaries who want to understand where their contributions are being invested and how their pension plans are being managed.
As you scroll down the right-hand side, you will first see links to pension news, a guide to the basics, my blog archive, popular posts and comprehensive links to Canadian and global funds, government organizations, institutional organizations, advisors and vendors, broker dealers & investment banks, documents to pension plan governance, assets and liabilities, links to conferences, geopolitical news, market and industry research and my blog roll. All links are listed in alphabetical order.
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Best Buy No Longer for ex-CEO Dunn
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Twilio's Nine Things
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Sunday links: celebrating losses
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Quote of the day MS, “The next time you take a loss thank your lucky stars
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Put these stocks on your watch list for Next Week
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( click to enlarge )
Elan Corporation, plc (ADR) (NYSE:ELN) looks really strong here, broke and
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http://online.wsj.com/article/SB10001424052702303772904577336483746932506.html
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i...
The Fed Faces the End Game -- And Blinks?
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If you’ve ever been involved in a legal contention, like a business or
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Cooperative Banking, the Exciting Wave of the Future
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by Ellen Brown AlterNet (May 23 2012) As our political system sputters, a
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Japan Hires Top Girlband to Sell Government Bonds
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The Japanese government sure knows how to market its bonds. The country,
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Spending Big at the Ag Department
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Last weekend *I wrote* about legislation sponsored by House Republican
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Facebook IPO Not a Flop
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New home construction picks up in Las Vegas
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this on...
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under...
Europe’s depressing prospects
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very rough patch in the market because in that case there isn’t much I can
say th...
Not economical
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In reply to 'Cornucopians in Space' Deliver a Dangerously Misguided Message
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*HopDavid* wrote:
In an actual asteroid retrieval proposal the suggested a...
China’s Economy is About to Crash
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Close attention has been paid to the fragmenting Eurozone, where social
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continent. ...
Banks Bearish, Crude to Cash
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Two new trading signals take effect on next week's open of trading: bearish
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cash fo...
Chapter 13 Disparities: This Time with a Map
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A few weeks ago, I put up a post describing the states with the highest and lowest per capita bankruptcy rates by chapter of the Bankruptcy Code. A closely r...
Links: 2012 05 25
-
Unfortunately I don't have the time to do a proper daily commentary. But
here are the links
------------------------------
Credit Writedowns Pro is live....
Memorial Day 2012: Let Us Remember…
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Is there anybody amongst us who does not believe we live in the greatest
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Let us n...
Arigata-meiwaku (verb)
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Is U.S. economic patriotism hurting?
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Sustainabl...
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online (or whet...
My Favorite Ideas from Ira Sohn
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Last week we attended the Ira Sohn Research Conference where some of the
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Commodity index funds and oil prices
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In my previous post
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The Deficit Bias in the Post-Bretton Woods Era
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New Look and Big Things to Come
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A Tale of Two Memos to Two President-Elects
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to publishing large excerpts from a 1980 memo to president-elect Ronald
Reagan ...
Links for 2012-05-27
-
Cameron and the Confidence Fairy - Paul Krugman Inflation-targeting and
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The Fork in the Road for Health Care
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Governments Frightened of Panic Liquidation Event
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*"Ever since we saw what happened when Lehman was liquidated, they realized
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this ...
Stock ETFs Choppy on Europe Debt, Facebook Fallout
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trading Friday as investors looked ahead to the long holiday weekend that
unofficia...
An informal Europe to tackle the crisis ?
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For years, we've heard about better governance and easing the EU decision
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European Council (11 February 1988)
The economic and financial ...
Greece has 46 Hours to Exit Euro
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unvi...
Brett Kimberlin Gets His Wikipedia Entry Removed
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Will Grexit topple Obama?
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American Greed - Hedge Fund Manager
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Atlanta hedge fund manager Kirk Wright rises from a poor upbringing with a
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company, ...
Why do traders still quote Jesse Livermore?
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Facebook Debut: Who Blew It?
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In assigning blame for a botched I.P.O., start with high-frequency traders,
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Dude, they all got Dells! (And then some.)
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There have been plenty of articles lately about the struggles of
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the company to m...
More proof that the CAD is a Petro-Currency
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greenba...
Weekender
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This week on FT Alphaville, - Don’t miss Lisa’s four-part series on
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as an e-book...
TBTF and Goldman Sachs's Investment in Energy
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find that not only is Goldman guaranteed support from the taxpayer if it
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Contain yourself
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How To Trade The Facebook (FB) IPO
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How To Trade The Facebook (FB) IPO is a post from: Green Stocks Central
How To Trade The Facebook (FB) IPO is a post from: Green Stocks Central
With the F...
From Harvard Commencement
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A friend sends along this snapshot from an Occupy protest at Harvard's
commencement this week. For the record: I fully support sunshine.
Lego Nurse
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Guido had a lovely day at Legoland yesterday with the Fawkes girls. It had
unexpected consequences this morning: In A & E. "Daddy, a little bit of
Lego has...
Poor starving children in China...
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It is said that American parents used to admonish their children to eat
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recent inte...
LTCM. Amaranth. JP Morgan?
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Will Jamie Dimon go down in history as the John Meriwether of this
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Great Britain as a case study: which sticky price?
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Richard Williamson offers a report from the UK. Combining bits via Tyler
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Agriculture: We Have No Farmers
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More people in America study public relations than study farming. We have
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It has been a horrible business for 30...
Jim Rogers : I have sold my Euros
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Jim Rogers : If they (Greece) exit and I don't know I suspect it looks like
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With SAP deal, Ariba’s 13-year headstart pays off
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Investors with long-ish memories will recall that Ariba, the
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Inglorious Europeans
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The post we planned on today has had to be delayed. But we leave you with a
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bar...
Good News for the Fed!
-
The Senate today finally confirmed Jerome (Jay) Powell and Jeremy Stein as
Governors of the Federal Reserve Board.
> Jay Powell and Jeremy Stein are ex...
Inflation no obstacle to more Fed easing
-
Another reason the Federal Reserve may have additional room for monetary
easing: Inflation expectations fell sharply in May, according to the latest
Thomso...
Economic Sensitive Stocks Are Breaking Down
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There are more and more stocks that are breaking down economic sensitive
stocks and companies that cater to the high-end. That suggests to me the
economy i...
The Coming Global Nuclear Disaster
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There is a coming global nuclear disaster heading our way. And, no, it's not Iran.
It's Japan, where the time is running out to fix the Fukishima situation....
Euro Drops Below $1.30
-
This morning the value of the Euro dropped below $1.30. The United States
should thank the European Union for the diversion it has created. With all
the ...
Paul Krugman’s Economic Blinders
-
In Mr. Krugman’s reading, private debts need not be written down or the tax
system made more efficient. It is to be better subsidized – mainly with
easier ...
April New Home Sales: The Hype vs. The Reality
-
Check out some of the headlines a few day ago following new home sales
reports.
*Detroit Free Press*: April new-home sales increase 3.3%, pointing to
reco...
NEW$ & VIEW$ (25 May 2012)
-
New Signs of Global Slowdown New signs of a global slowdown are darkening
the economic outlook, with measures of business sentiment in Europe
slipping an...
EUR Declines Most in 2012
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The euro had its biggest weekly loss since December against the dollar as
Greece’s anti-bailout party gained in the polls and amid a deepening crisis
in Sp...
Trading Notes #14
-
Due to a tight schedule I will not be blogging for the next few weeks.
Just wanted to add this great trading reflection,
*It is difficult to tolerate even ...
Biotech Breakout
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(REPRINTED WITH PERMISSION FROM THESTREET.COM) SPDR S&P Biotech ETF (XBI)
has thwarted the best efforts of short sellers in recent weeks, holding
close to ...
Twitter Digest: 2012-05-26
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Usain Bolt posts his slowest ever winning time in 100m final. Weird how
10.04s even looked slow. http://t.co/Y4kMVucr -> [1205.5509] Four Degrees
of Separa...
Bazaarvoice Buys PowerReviews for $150M
-
Bazaarvoice has acquired venture-backed PowerReviews for roughly $150
million. Menlo Ventures, a lead investor and largest shareholder in
PowerReviews, sai...
Farewell Bob Brown
-
I was sad to see Bob Brown announce his retirement last week. On the plus
side he's been remarkably effective at building a third party and forcing
through...
Sabrient Risers – 5/27/2012
-
Top 5 Risers Stock Rating Analysis KRO STRONGBUY Kronos Worldwide is
gaining higher expectations and its recent history of its earnings
increases is ...
The Bridge Competition
-
On March 6th, 2012, former Texas tycoon R. Allen Stanford was convicted of
pilfering $7 billion of investors’ money through a Ponzi scheme. In my
beloved c...
Please come visit me at www.jackizehner.com
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After over 500 blog entries since 2008 I am saying good-bye to PURSEPUNDIT
and hello to www.jackizehner.com. My new web-site offers a more robust
platform ...
CBI Returns to 1. Now What?
-
After spiking up to 11 last Friday the Quantifiable Edges Capitulative
Breadth Indicator (CBI) dropped back down to 1 on Thursday’s close. (I
noted this ...
The Big Picture for the Week of May 27, 2012
-
It looks like the ordeal with the Gladiator Fire is over (it would not be a
Black Swan if something did happen). A week ago there was no certainty
about an...
What Is Holding Back Solar Hot Water in the US?
-
Solar hot water has been a commercialized technology for many, many years
now. It had its heyday back in the 1980s when it seemed like everyone was
puttin...
Information concerning good credit card options
-
Credit Cards With Instant ApprovalConsumers looking to get the best
possible options for their credit card should first look into the terms
associated with...
Is the Fed too complex to manage, too?
-
That’s usually a question for big banks like recently humbled JPMorgan. But
it’s also not a bad one for the U.S. central bank. From the role of
JPMorgan’s ...
Becker on Grexit
-
" Nevertheless, I believe Greece in the long run would be better off
through having the additional flexibility from controlling its own
currency."
Duh....
GCM12 – June Gold (Last:1557.00)
-
Member-only content. Please Login or get a free trial of Rick's Picks to
view. Rick's Picks is a trading newsletter for stock, gold, silver and
mini-index...
Moved Over
-
I’ve been blogging away over at my new blog at Next New Deal, come join me
over there! Here’s the new rss feed. I might post here once in a great
while, m...
Happy Birtyday, Dow 30 ~ May 26, 1896
-
*From Investopedia:*
*"The Dow Jones Industrial Average ([image: play] /ˌdaʊ ˈdʒoʊnz/), also
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5 Stocks Ready For Pick-Up After The Beat Down
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*By Jamie Smith:*
I remember a scene from a trip I took with my wife to Denver. Our hotel was
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Fitch Donwgrades Japan
-
Fitch lowered its assessment of Japan’s sovereign credit to A+, still
investment grade but just above countries like Spain and Italy.
The agency criticized...
Preparing For Market Reaction To Greece
-
If you believe policymakers will once again bail out the markets, it is
important to understand the limitations associated with each possible
policy respon...
Happy Memorial Day Weekend/ Open Thread
-
Posting will be minimal over the rest of the Memorial Day Weekend as The
Doc is headed to the Lake for some quality r & r. We would like to wish our
reader...
Happy Birthday, Dow 30 - May 26, 1896
-
From Investopedia: "The Dow Jones Industrial Average ( /ˌdaʊ ˈdʒoʊnz/), also called the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is ...
OIPC Cloud Computing Guidelines for BC Public Bodies
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Recently, the Office of the Information and Privacy Commissioner for
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The Case For A German VAT Cut
-
I have repeatedly (for example in this post) criticized the view that a
reduction in the external deficits of Greece and other crisis countries
necessarily...
Perhaps Recessionary winds are blowing again.
-
* *
*Market Talk:*
Scroll down two posts to see my take on market technicals. I suspect that
lingering negativity over Europe's pending recession and the...
The 60% Solution
-
There's an intriguing idea making the rounds in the Eurozone: issue
Eurobonds backed by all the nations participating in the currency union,
but only up to...
391 Auctions
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Jason Zweig of the Wall Street Journal has an interesting piece up called
Could Computers Protect the Market From Computers? I appreciate Jason, he
writes...
The Big Easy's Hometown Paper
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(Flickr/Earthhopper)
As of this fall, I'll be living in the largest American city without a
daily paper. The Newhouse-owned New Orleans *Times-Picayune*'s...
The Automatic Earth on the move
-
At around 6 PM EST, Sunday, February 5, The Automatic Earth will move to
its new site, TheAutomaticEarth.org The Blogger site, where you are right
now, wil...
BREAD, CIRCUSES, DEBASEMENT & DECLINE
-
We are following the exact path of the Roman Empire and every empire that
has existed in human history. Our decline is well under way. The only
question is...
-
Futures are basically flat, up a leetle beet, maybe a point on the ES,
Europe is flat, Asia was flat, IT'S FLAT MAAAAAAANNN! Ivica's advice below
should b...
Japan’s “lost decade” now a “lost century”
-
[image: japan catastrophe]On top of Japan’s enormous public debt tailed
with its “lost decade,” we’re likely to see a lost century especially with
their ag...
Sacred Conflicts
-
Scott Atran explores why they are so hard to resolve: In interviews,
experiments, and surveys with Palestinians, Israelis, Indonesians, Indians,
Afghans, a...
poll edited
-
In reply to Is China a Currency Manipulator?:
But read a few articles here on China and currency. I hope people learn
about this for it really causes a l...
Sunday Morning Comics - Zombie Ayn Rand Edition
-
*Brought to you by Memorial Day - Trying to remember when returning
veterans could easily get a job.*
[image: Cup O' Joe]
Good Morning! Rise and Shine...
Out of Office Autoreply: Where Are You, Dammit?!
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I am out of the office until further notice and will have limited access to
email and voice mail during my absence. For assistance with creative
inspirat...
Let’s Get Busy!
-
Yes, the tape sucks today but not all is lost as we are inching toward some
setups to sink our rodent teeth into. Let’s first review the situation on
the e...
U.N. Observers View Bodies in Syrian Village
-
After what Syrian activists called a massacre in a village near Homs, video
posted online showed United Nations military observers viewing dozens of
bodies...
Student Debt: Onerous, and a Drag
-
We have heard from a number of sources that researchers at the New York Federal Reserve Bank are worried that without some form of mortgage debt relief we ma...
The Market Ticker - A Real-Life Zombie Attack!
-
I often joke about the potential for a *Zombieland*-style apocalypse in the
context of preparedness, triggered by the loss of government ability to
hand ...
GOLDMAN’S “FISCAL CLIFF” SCENARIOS
-
As discussed earlier this month, the US is facing a "fiscal cliff", a
sudden expiration of tax breaks and spending programs that could have
severe conseque...
Must-read
-
“Working at my desk today was somewhat surreal. Global risk markets were closing out a dreadful week. Newswires were full of disconcerting articles – J.P. Mo...
Dignity
-
Dignity is as essential to human life as water, food and oxygen. The
stubborn retention of it, even in the face of extreme physical hardship,
can hold a ma...
Bad News is Seeping In
-
The Market Is Starting To Recognize Reality is a recent market commentary
by Comstock Partners Inc. The piece recognises that, once again, not unlike
the...
Warren Buffet and the New Calculus of Gold
-
There has long been a disconnect between gold and institutional investors.
The instincts of these managers of large sums are typically tied to the
generati...
Market Moves Into New Range
-
With the breakdown below 1230, markets dove close to support at 1150 as we
suggested a few weeks ago. Markets reacted swiftly to the acutely oversold
cond...
Not A Pretty Picture
-
My Weekly Letter will be published on Monday morning but I wanted to check
in before I travel to Italy tomorrow. Looking over several dozen [...]
S&P 500 Higher or Lower?
-
After struggling mightily over the prior two weeks, the S&P 500 finally saw
some positive action this week. But will it last? Please take part in our
p...
Clinton to visit Scandinavia, Caucasus, Turkey
-
[image: Clinton to visit Scandinavia, Caucasus, Turkey]Washington, May 27 -
US Secretary of State Hillary Clinton will undertake a week-long visit to
Den...
Trading with the Odds On Your Side
-
This week professional trader and active investor Kevin Haggerty explores
key price and time symmetry in the markets.
How Much Will the Price of Oil Drop?
-
Trend: Demand for oil continues to grow, while supplies continue to
dwindle. Marin Katusa at Safehaven.com describes why oil prices won't go
much lower. Re...
Episode 116 - Gene Odening on the Trivium
-
Why is it that I've focused the last two podcasts on the Trivium (and soon
to be three podcasts)?
The reason is that I think it is vitally important to u...
Two graphics on European bond markets
-
Two excellent graphics highlight the extent of fear that has gripped the
European and global financial markets as a denoument to the Eurozone crisis
gets ...
My slides from Visualizing Data panel at AABPA
-
I had a chance to participate on a panel about Visualizing Data at the
American Association for Budget and Program Analysis 2012 Spring Symposium
(lots of ...
Investing with a Target Volatility Approach
-
Since I mentioned one of my favorite ETP sites earlier today *[the more I
think about it, the more I have come around to the idea that the **Best
Post of...
VXN Futures Listed, CBOE Product Expands To 6
-
This week CBOE (re-)listed VXN volatility futures bringing the total number
of distinct volatility futures to 6. VIX remains the leader in volume, but
ot...
Housing Heals Before Contracting Lethal Infection
-
[image: sick]
Much has been made about the latest increases in new and existing home
sales, much too much. Modest increases in activity from dreadfully low...
Options Activity Alert: WMT, GNOM, ZNGA
-
WMT – Wal-Mart Stores, Inc. – Wal-Mart weeklies worked out well for some
bullish traders this week. For example, buyers of the May 25 ‘12 $62.5
strike call...
Media Hat tips #67 and 68
-
In case you missed it, The Globe and Mail Streetwise column mentioned our
latest O’Leary post (see “Investors redeemed $500 million of O’Leary Funds
in 201...
What will be the total inventory increase in June?
-
Recently we played a speculative game about when will we hit the 20,000
total listings mark for Vancouver Inventory (a summary of the predictions
will b...
Global Shiller CAPEs
-
I have yet to find a source anywhere that tracks global Shiller CAPEs so I
had my analyst Prabhat update this older post with a bunch of CAPEs for
markets ...
Dear Chesapeake: I’m Back. Love, Carl Icahn
-
Chesapeake Energy CEO Aubrey McClendon said a few weeks ago that Carl Icahn
made a lot of money during his time as a Chesapeake shareholder in 2010 and
eve...
Ο κ. Τσίπρας και τα λαμπόγυαλα της Ευρώπης
-
Δεν ξέρω αν ευδοκιμήσουν τελικά οι απειλές του κ. Τσίπρα, αν «οι μεγάλοι»
φοβηθούν και κάνουν πίσω. Όλα μπορούνε να συμβούν, ακόμα και στις καλύτερες
των...