Market News

  • Market News

    You, Sir, Are No Thespian

    Joe mentioned this earlier but we have something to add so just deal with it. The above clip is our nomination for Worst Fake Freak Out Over A Market Swoon of the year. While there are a few good lines (“Let’s watch it go to the depths of fucking hell,” “Whoever’s short, congratulations,” “Thank you […]

    / Jan 22, 2008 at 12:45 PM
  • Market News

    It’s Morning In Non-Black Monday America

    As it turns out, everything is going to be alright. We take it all back. The Gloomsayers Should Look Up [New York Times]

    / Oct 22, 2007 at 4:18 PM
  • Market News

    Pay No Attention To Mounting Volatility

    While everyone else was talking about the anniversary of “Black Monday” last week, we kept reminding anyone who would listen that it was not insignificant that the blackness of that day in 1987 fell on a Monday. The calendar may have read October 19th on Friday but today is a much better proxy for the […]

    / Oct 22, 2007 at 11:36 AM
  • Market News

    Are The Credit Markets Predicting Another August?

    Okay. That’s about enough time buried in quarterly financial reports for us. To cheer ourselves up after spending too much time with Bank of America’s investment banking division and JP Morgan’s commodities trading desk, we decided to turn to the broader markets. But for some reason we’re not exactly cheered up. The yields on short […]

    / Oct 18, 2007 at 2:26 PM
  • Hedge Funds, Market News, Subprime Mortgages

    Caption Contest Monday: Let’s Start With A Smile

    [photo via an enterprising young reader]

    / Aug 20, 2007 at 3:19 PM
  • Market News

    As Fifi Goes, So Does the Market

    Reasons why the Dow, Nasdaq and S&P are all down over 1% today. 1. Disappointing earnings from Google, Caterpillar and Ericsson mixed with subprime worries and the flight to quality represented by the Treasury yield falling below 5%. 2. News that Dick Cheney will be in charge of the country this weekend for several hours […]

    / Jul 20, 2007 at 1:28 PM
  • Market News

    Dow over 13,000

    The Dow is hovering over 13,000 again this afternoon, after slipping into 13,000 territory just for a minute (just to see how it feels) this morning. If the Dow closes over 13,000, it will be just 188 days since the Dow first closed over 12,000, on October 19 of last year. The Dow would rise […]

    / Apr 25, 2007 at 12:15 PM

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