Today’s Links
Here’s what I was reading and thinking about when I wasn’t training my employees this morning.
Geithner Says He’s ‘Confident’ Euro Leaders Can End Crisis and Geithner ‘trusts’ Europe to resolve crisis and Geithner spoke to ECB, IMF heads – Does anybody but the corrupt or incompetent guys who keep running back and forth from regulator to million-dollar employees at the TBTF banks even listen or care what Geithner has to say in any way shape or form anymore? Speaking of which, I saw that my man, the dude who left Goldman to “monitor” TARP and TALF welfare for the banks now works at PIMCO. Shocker. Read more about that wonderful dignitary Neel Kashkari here:
Goldman Sachs vs America – heads I win, tails you loseand here.
ECB Adds More Liquidity – When will it be enough? Will it ever be enough? Will the banks who keep receiving all these new welfare programs one day finally throw up their hands and say, “We’ve liquidy and we don’t need any new welfare/subsidies/programs provided by the US taxpayer!” That’ll happen, right? Maybe we should just stop all this nonsense and enforce the laws?
Speaking of which: Obama Road Tests Hopey-Changey Big Lie 2.0: He’ll Reincarnate as Teddy Roosevelt if You Are Dumb Enough to be Fooled Twice Yves Smith’s title says a lot.
All I Want For Christmas Is Bull! – Robert Marcin with some very typically very blunt market and economic analysis for readers. Gotta love nuggets like: “However, risk-on cyclicals in MITE should work the best if it happens. Materials, Industrials, Technology, and Energy make up MITE. They will rock more than defensive or income oriented names in a merry mini-melt-up. But should this rally” Read the article and check out his new Markets Diary where you can ask him anything you want.
The next great investing columnist – Congrats to Kirk Spano on winning the Marketwatch contest. I look forward to reading his stuff.
Jim Rogers Top Bets for 2011 –
And finally, a look back at Jim Roger’s picks from last year. I had him on my show a couple years ago doing a segment with me and Rebecca that I called “The Commodity Price Is Right”. Wish I could find that on YouTube — he’d been right about just about everything and his specific commodity-inflation buys and sells back then.