What to make of the market?
Stock markets are future looking beasts, but the future is pritty murkey.. A rule of thumb is that it looks half a year ahead or so. We’ve written numerous times […]
InterOil, Daily Distortions no.10
Some more comical stuff. Some people have asked us why we bother. We will explain that here as well.
Solars hanging in there..
We did predict oil prices would correct exactly a month ago, when these were above $140, because of slowing demand. However, there is some collateral damage, even though it doesn’t […]
Higher unemployment could very well kill the US consumer
In the previous entry we discussed whether the previous stimulus package had actually worked and what another one should look like. The spectre of rising unemployment gives additional urgency to […]
Another stimulus package?
There is talk of another stimulus package. Is fiscal policy the right tool to get the US out of it’s funk?
Daily Distortions on InterOil no.9
We have reported numerous articles about naked shorting. Now, would is surprise you if we tell you that there is one guy who just flatly denies it exists. Would you […]
More pressure to end naked shorting across the board
This time it comes from a group that is hardly surprising, but there is more..
Self-reinforcing loops in the economy are a big problem
Classical economics is all about equilibrium restoring mechanisms (we gave you a few examples in a previous post). You tilt something out of balance, and it sets forces in motion […]
Flexible markets get us out of a recession?
For a moment we were thinking that Jim Cramer might have been on to something with his call for a bottom in the market. He didn’t provide any reasons (at […]
Daily Distortions on InterOil no.8
We really couldn’t stop laughing at the following ones, a motley collection..