DISQUS

Orange Juice,

I believe, like many others, that the issue is "bad assets". It might be better to eliminate the word "assets" so as to make it explicit that these "paper things" have no value. Period.

Looking at the longer term here (forgive me), it appears that the Baltic Dry Index is beginning to turn down after its extensive rally off its lows (663) in late 2008.

If it is a top here for the BDI (4291), then the China stimulus and its commodity push is about over globally.

If so, we might conjecture that the inflation everyone is so concerned about might not be the dragon to slay.

"remotely close to reality?"

Give him a break?

I'm sorry. This is not "Sponge Bob". Although I have to admit, as this blog gets popular it is starting to attract some of that audience.

I don't know what housing has to do with Goldman's position paper, but what the hey?

Back to the topic that TD posted, the critical and all important comment he made is what GS "left out".

"When the crutches are removed...."

Get serious.

New York FED translation: "when junk debt is totally worthless in the "mark to mark" moment and everyone knows it, some may be willing to embark on an excursion into negative rates for the sake of safety (i.e. bank failures across the board).

The flip side of this reality is what happens when US Treasuries become (are) junk?

Let's not go there.

I agree with both of you...to a point.

To suggest or believe that Obama is a puppet is making the same mistake the German Industrialists did in the early 1930's with Hitler. They felt they controlled him; he was their puppet.

Besides, Obama is a fascist idealogue, so I don't think he needs anyone to do his fascist thinking for him.

Luby correctly points out that the historical data for this indicator is rather limited.

Therefore, buyer beware.

Nice application of this synthetic indicator, but I would imagine it is basically hindsight for the last 2-3 years.

Green Street has got its head handed to them since 2007 as real estate has headed into uncharted territory which was not on their road map (including the Great Depression).

IMO, if Kirby said what you are implying he said, we are hearing that no one who is a serious money manager in this sector knows when and where it will all end.

I don't find this surprising given the amount of attached derivatives.

DME,

Sraffa was a communist (of course you know that), and Mussolini was a fascist ( of course you knew that as well).

So, you also know that communists and fascists don't see eye to eye on how to control the State for the good of the serfs.

Therefore, it is understandable that Sraffa was critical of Mussolini's efforts.

Of course, we all know you left that convenient fact off the table to provide your philosophical insight into a topic that has no philosophical context.

But hey, don't let that stop you from posting again.

In plain English, your historical perspective of Italian fascism (or German fascism for that matter) really has no place in a discussion of the predictive ability of the VIX in current US equity markets.

My personal opinion is FinViz's filter is too simplistic to draw any meaningful conclusions about inside trading.

As an example, I would contrast the SEC's investigation of unusual option volume prior to 9/11 in certain stocks with the current situation. I just don't see any similarity.

Perhaps you can point out in more detail why you feel the way you do.

"Announced" plans?

Clue in.
When they announce something it means they have been doing it for ages, and it has become so egregious to anyone with a brain, that they decided to let even the media in on it.

Why do you think Gross was continually on the "pimp'?

I realize you weren't.

The only way GM is ever, ever, ever going to get to $69 billion in value is to INFLATE.

I can see it now. Historians actually claiming Rattner and Obama paid back the American Taxpayer in full.

Treasury stepping up to the plate and swing for the fence in a brave attempt to stop the slop from slopping.

What?

You mean they didn't announce it to the entire world so everyone would know? Even Zero Hedgies?

My goodness. I am truly shocked.

I apologize.

"we need to do anything for jobs" is the spin.

Joe 6 pack at the local Dollar Tree is shaking in his boots with these 2 BKs.
He can't understand either BK and its complexity, but he can understand that these BKs are somehow significant.

"We need to do anything for jobs?.................

Come on, please.

The private sector job market is in such bad shape that it is hopeless; it is trashed for quite some time .....unless you actually believe in those phony unemployment stats.

This is Ideology friend, pure and simple. Nationalization of everything for the greater good of the state (er, god).

I believe the previous posts are missing Tyler's point, or are simply drifting into blog trot and rambling on about it.

This isn't about blogs and Google. Clue in.

Mega wealthy, by the way, seldom bother with Bloomy terminals. Way too busy making and trying keep their money.

I'm sorry to hear about this.. My daughter acutally goes to school with one of the children. It is a shame they will never see their son graduate in two weeks.

OMFG!!