Monthly Archives: December 2010

Rare Earth Day 4.0

Rare earth stocks rocked today on the back of an article in PC magazinem which is really old news.   Molycorp (MCP) was up almost 10 percent,  hitting  a high of $50.29 a share, and Rare Earth Elements (REE) up almost … Continue reading

Posted in Black Swan Watch, Commodities, Rare Earth Elements | Tagged , | 1 Comment

Apple Ups 1Q’11 iPhone Shipment Target

Taiwan’s Digitmes, a must read and the best source for supply chain news,  reports, Apple has raised the global shipment goal for its iPhones for first-quarter 2011 from 19 million units originally to 20-21 million units, according to sources with … Continue reading

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China Rate Hike: Four Markets to Watch

Fearsome Foursome We’re watching the reaction in four markets to gauge how the Christmas gift from the Kings of the East will affect global risk appetite.   The People’s Bank of China increased both the benchmark lending rate by 25 basis … Continue reading

Posted in Black Swan Watch, BRICs, Commodities, Crude Oil, Equities, Monetary Policy | Tagged , , , , , , , , , , | Leave a comment

George Will on Coming War Over Public Pensions

Be sure to catch George Will’s Washington Post piece on the coming battle in the new Congress over state and local public pensions.   In early December, we posted the report by James Pethokoukis of a secret Republican plan to push … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Fiscal Policy, Muni Bonds, Muni Market, Policy, Politics | Tagged , , | 1 Comment

Three Christmas Carols…

   

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THICK AS A BRIC – U.S. Stocks Outperform Star E.M.s

To the surprise of many, the U.S. stock indices are set to outperform those of the beloved BRICs in 2010.   As of December 23rd, China and Brazil are down for the year with the Russian RTS the top performer, up … Continue reading

Posted in BRICs, Charts, China, Currency, Equities, Uncategorized | Tagged , , , , | Leave a comment

S&P500 Rarity – Up 14 of 16 Days

The S&P500 has traded up 14 of the past 16 days, which has happened only seven times in the past twenty-five years.  Dismissing the streaks,  it has only happened twice.   Bespoke, who does great work and to whom we … Continue reading

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A spectre is haunting Europe

This is what’s  going to blow up the Europe.   All the cash and backstopping in the world is not going to solve the political problem.   Jim Corr, a member of one of our favorite Irish bands, The Corrs,  nails … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Euro, PIIGS, Sovereign Debt, Sovereign Risk, Video | Tagged , , , , , | Leave a comment

Lumber Rising…….Jobs to Follow?

We wrote yesterday of the almost 50 percent increase in lumber prices since mid-June and how it bodes well for the U.S. labor market.  We’ve constructed a cleaner chart to show how nonfarm employment moves with lumber. Though prices are … Continue reading

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Why OPEC should fear $100 plus Crude

This is very cool and the future, in our opinion.   We’re at the elbow of the technological exponential curve and just one key breakthrough in, say, battery technology and it’s off to the races.   What’s coming will be … Continue reading

Posted in Black Swan Watch, Clean Tech, Video | Tagged , , | 2 Comments