While much has already been written on the topic of peak valuation, social bubbles popping, and the ethical social utility of yesterday’s historically overhyped IPO, nobody has done an analysis of the actual stock trading dynamics as in-depth as the fo…

Until this point virtually every pundit and financial journalist and blogger has opined on JPM, its prop trading operation (as first exposed by Zero Hedge), and its massive loss which due to its pair trade nature has potentially unlimited upside, but l…

 
The following is an excerpt from my latest client letter.
 
The collapse of Europe is occurring just as I forecast. While the media and even the politicians are failing to admit it, the EU in its current form is already breaking up. Indeed,…

Wolf Richter   www.testosteronepit.com
While the G-8 leaders are schmoozing with President Obama during their slumber party at Camp David, and while the parallel NATO summit and its protests and rallies are wreaking havoc on the streets in Ch…

This time is different – Peak Facebook?

and notice that MySpace became ubiquitous considerably faster than Facebook.
 
and AH schizophrenia…

Some look at today’s FaceBook IPO flop, the ongoing market rout, and the situation in Europe with disenchantment and disappointment. We, on the other hand, view it with hope: because more than anything, the events of the past few days show that the tru…

Just when we though that nobody would take advantage of the cover provided by the epic flame out of the FaceBomb IPO and the ongoing market crash, here comes Spain. Because there is nothing quite like a little Friday night action following a market dru…

Submitted by Casey Research
In an interview with Louis James, John Hathaway discusses the US’s economic outlook and why he’s delighted by the current bearish sentiment toward gold.

 
Louis James: Ladies and gentleman, thanks for tuning in. We’re …

Forget that S&P 500 e-mini futures plunged to four-month lows at 1290; or Treasury yields crashed back to their record lows; or Gold and Silver’s surge today; or WTI’s plummet to almost a $90 handle; or Citi joining Morgan Stanley in the red year-t…

The social bubble may be on the verge of popping, but that doesn’t mean that various soon to be extinct offshots can’t provide cheap bang for the taxpayer buck. Such as this particular offer which we are fairly certain the Chairman, with Willem Buiter …