Monthly Archives: January 2011

20 Reasons Why a Wall Street Panic May Be Close

US Muni bond indices collapsing US State bankruptcy procedures being seriously discussed, indicating bankruptcies are imminent the 7 day SHIBOR (and repo rate) surging to new multi-year highs and has literally exploded from 2.5% to 7.3% in a few short … Continue reading

Posted in Economy, Market | Tagged , , , , , , , , , , | Leave a comment

Tools Suggest Earlier Human Exit From Africa

By NICHOLAS WADE From New York Times, Published: January 27, 2011 A cache of stone tools found on the east coast of the Arabian peninsula has reopened the critical question of when and how modern humans escaped from their ancestral … Continue reading

Posted in Nature | 1 Comment

In Hubble’s Lens, a Very Old and Distant Galaxy

By DENNIS OVERBYE From New York Times, Published: January 26, 2011 Leapfrogging into the past with the refurbished Hubble Space Telescope, a team of astronomers say they have detected what may be the most distant and earliest galaxy yet found. It … Continue reading

Posted in Nature | Tagged , , , , , | Leave a comment

Shock as UK economy shrank by 0.5% at end of 2010

Graeme Wearden guardian.co.uk, Tuesday 25 January 2011 11.38 GMT The UK economy shrank by a shock 0.5% in the last quarter of 2010 as Britain’s recovery from recession faltered. Most of the unexpected contraction was caused by the wintry weather … Continue reading

Posted in Economy | Tagged , | 1 Comment

SHIBOR: We Have A BIG Liquidity Problem

Submitted by Tyler Durden from Zerohedge.com on 01/21/2011 12:50 -0500 When two weeks ago we first pointed out the surging Chinese weekly SHIBOR (following up on comparable observations from last summer) it prompted a variety of bemused responses, the bulk of which … Continue reading

Posted in Economy | Tagged , , , , , | 1 Comment

Why Low P/E Comes With High Interest Rates

By Hui Zhong If we look back the history of the stock market and bond market, we may find a very interesting correlation between the P/E and bond yields.  That is when the stock market bottoms the bond yield also peaks.  In … Continue reading

Posted in Market | Tagged , , , , , , , | Leave a comment

The U.S. Dollar Is Approaching the Major Support Line

I expect the dollar will bounce back after touching this major long term support currently a little bit lower than 77.  Together with it, the Dow 30 is supposed to move up to the major top early next week.

Posted in Market | Tagged , , , , | Leave a comment