Friday, August 28, 2009

The Shape of Economic Recovery

Some interesting research from Morgan Stanley, care of Barry Ritholz:

As much as I (and many others) have been touting the need for a pullback, this picture provides some evidence to the contrary (at least in the near-term).

How to play the coming pullback and subsequent range-bound trading? Look to income-producing investments. In this field, I like BIP, VNO, STHBX, and CHL, among others (I may have positions in any/all of the aforementioned securities).


Monday, August 17, 2009

Citigroup's $100,000,000 Trader...



http://dealbook.blogs.nytimes.com/2009/07/29/phibro-silent-as-white-house-slams-reported-pay-plan/

Thursday, August 6, 2009

This is kind of scary...

http://www.bloomberg.com/apps/news?pid=20601110&sid=ac9y1xr7yNhQ



I hope housing doesn't get this bad...