Equities Update: Retail Takes Back Seat to Dubai
Brooks McFeely submits:1:58 PM, Nov 27, 2009 -- NYSE down 162 (2.2%) to 7,070.09.DJIA down 154.6 (1.5%) to 10,310.S&P 500 down 19.02 (1.7%) to 1,091.Nasdaq down 37 (1.7%) to 2,138.GLOBAL SENTIMENT Complete Story »

Not Quite 1987
Hickey and Walters (Bespoke) submit: The Dow is currently on pace to have its second biggest decline on the day after Thanksgiving since it became an official federal holiday in 1941. As shown below, the biggest decline on the day after Thanksgiving came in 1987 when the index fell 1.87%. At that point, markets were still digesting the October '87 crash, and the Dow went on to fall 8.76% in the week after Thanksgiving. The Dow has normally been strong on the day af

Why You Need to Learn More About Dubai
Bill Luby submits: I think the best way to look at crises (both big and small) is to think of them as learning opportunities. In the last year or so, many investors whose investing universe was narrowly bound by stocks have now become conversant in credit default swaps, the TED spread, the dollar, the carry trade, bank capital ratios and a whole host of concepts and statistics that they didn’t know existe

Against Liquidity
Felix Salmon submits: Paul Krugman today argues in favor of a financial-transactions tax on the grounds that it would discourage over-reliance on ultra-short-term repo markets, among other reasons. In other words, reliance on repos is a bad thing, and it’s a good idea for government policy to “nudge” financial institutions away from it. That’s something that opponents of the Miller-Moore amendment should be

Ship Finance International Limited Q3 2009 Earnings Call Transcript
Ship Finance International Limited (SFL) Q3 2009 Earnings Call November 27, 2009 10:30 am ETComplete Story »