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

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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

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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

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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

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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

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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.

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Recalling a Fallen Star’s Legacy in High-Energy Particle Physics

By DENNIS OVERBYE From New York Times Published: January 17, 2011 The machine known as the Tevatron is four miles around. Bison graze nearby on the 6,800 acres of former farmland occupied by the Fermi National Accelerator Laboratory in Batavia, … Continue reading

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Housing Market Plunge Passes Depression’s

Zillow.com: 26% Drop in Prices Worse than the 25.9% during Depression; Expert Explains Meaning for Buyers and Sellers Alike (CBS) NEW YORK — Home prices fell for the 53rd straight month in November, taking the decline past that of the Great … Continue reading

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December CPI and Retail Sale Missed Expectations

The retail sale data in December come as 0.6% growth with expectation of 0.8%.  With the gasoline price flying, the CPI in December increases by 0.5%, missing market expectation of 0.4%.  Note that when consumers spend more on the gas that stimulates import they … Continue reading

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Shipping Rates Poised to Plunge 31% on Glut Off Australia: Freight Markets

By Alaric Nightingale – // Jan 12, 2011 10:02 AM ET from Bloomberg A 20-mile-long line of commodity carriers off Queensland, suffering its worst floods in a half- century, means less income for owners already reeling from the biggest slump … Continue reading

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In Illinois, a Giant Deficit Leads to Talk of a Giant Tax Increase

By MONICA DAVEY from New York Times, Published: January 9, 2011 SPRINGFIELD, Ill.— With Illinois’s budget crisis reaching dizzying, desperate levels, lawmakers here over the weekend were seriously pondering something that would have been unimaginable even a few months ago: a … Continue reading

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Market Watch – 01/11/2011

The minute wave [iv] looks ended yesterday and lasts 3 days.  If it is the case, the new bullish minute wave [v] kicked off yesterday after touching the 20 day simple moving average.  According to my mood dynamic theory, it should last about … Continue reading

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44% jump in Australia property listings points to price falls in 2011: Expert

Monday, 10 January 2011 09:08 By Patrick Stafford The property market could be set for early-year price falls due to a build up of unsold properties, with new figures by property research company SQM Research showing the number of listings swelled … Continue reading

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Why Chinese Mothers Are Superior

By AMY CHUA from The Wall Street Journal A lot of people wonder how Chinese parents raise such stereotypically successful kids. They wonder what these parents do to produce so many math whizzes and music prodigies, what it’s like inside the family, … Continue reading

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7 Reasons Food Shortages Will Become a Global Crisis

Activist Post Food inflation is here and it’s here to stay.  We can see it getting worse every time we buy groceries. Basic food commodities like wheat, corn, soybeans, and rice have been skyrocketing since July, 2010 to record highs. … Continue reading

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Baltic Exchange Dry Index (BDI) Falls Out Of Cliff

20 day exponential average in red. 200 day exp. avr. green

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Market Watch – 01/06/2011

As I have posted before (Market Watch – 12/25/2010), the minute [iii] of minor 5 of intermediate (C) of primary [B] is about to end in the next couple of days.  I feel tomorrow’s employment data for December should be impressive.  … Continue reading

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Services ISM Beats Expectations While Drop In Employment Index Confirms ADP Beat Was An Aberration

Submitted by Tyler Durden on 01/05/2011 10:42 -0500 from zerohedge.com Following the too good to be true ADP number, the December Services ISM number came at 57.1 on a 55.7 consensus and an improvement from November’s 55- a multi-year high. … Continue reading

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Quest for Dark Energy May Fade to Black

By DENNIS OVERBYE Published in New York Times: January 3, 2011 What happens to a dark energy dream deferred? An ambitious $1.6 billion spacecraft that would investigate the mysterious force that is apparently accelerating the expansion of the universe — and … Continue reading

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