No Way Out For Banks
Recently scientists observed the collapse of a star 50 times bigger than our own sun. After exploding into a massive supernova, the star collapsed upon itself and became a black hole whose intense gravity inexorably draws in anything that comes close – even light itself. This is also an apt description...
Auto Industry Partially Socialized
Pretend for a moment we’re back in the early-1980s. Unemployment is high, the economy is suffering, and the auto industry needs help. Now, let’s transport the new Obama administration back in time to deal with the issue. Instead of cutting taxes like Reagan did in 1981, Obama decides to raise...
Get Rid of Debt – It’s That Simple.
So says Nassim Taleb, best-selling author and money manager. Taleb attended a Wall Street Journal conference earlier this week in Washington, D.C., and made some powerful comments regarding the banking and financial services sectors. Big Money has a terrific article by Marion Maneker. Guys like...
Market Leadership Strategy Update
Our free Market Leadership Strategy tries to achieve positive risk-adjusted investment results (and positive alpha), using a long-only approach that is easy for investors to follow. The model generates “equity style” recommendations that can usually be implemented with ETFs, mutual funds,...
Fed Printing Dollars – Short the Greenback (UDN)
In case you missed it, last Friday was the first day of spring in the Northern Hemisphere. Happy people planted gardens, expecting a harvest in a few months. Meanwhile, Obama and company were planting their own seeds in our nation’s capital. However, these seeds won’t turn into cauliflower...
IQ Hedge Multi-Strategy Tracker ETF (QAI) Launched Today
A new player in the ETF industry, IndexIQ, made a splash with today’s launch of a first-of-its-kind “hedge fund replication” ETF. According to the press release, the IQ Hedge Multi-Strategy Tracker ETF (QAI) will attempt to replicate broad hedge fund returns with low volatility and...
Long On Liquidity and Short On Profitability
Bonehead move of the 1st Quarter goes to the FDIC. They placed a negative rating on a bank located in Massachusetts due to the fact that it was not lending enough. You heard that right, the FDIC slapped East Bridgewater Savings with a rare “needs to improve” rating after evaluating the bank under...
Electoral Impatience or Cracking Confidence in Obama?
Cable news and the internet have transformed politics in America. Once upon a time, one person (Walter Cronkite) informed a nation about the goings-on in Washington via television, and that was 30 minutes a day, five times a week. In 2009, it’s a thousand voices, incessantly droning on about political...
Free Investment Newsletter
“Invest with an Edge” is more than just a website, tag-line, or catch-phrase, it is also a weekly newsletter. Every Wednesday, our team of analysts and writers come together to produce a concise yet rich overview of the market. Our market commentary focuses in on the most important events...
Too Late for AIG Bonus Torches
The angry mobs now forming against the idea of AIG employee retention bonuses are, sad to say, running several months too late. The opportunity to stop this sort of outrage was lost last year. Yes, of course the bonuses are an outrage and should not be paid. I say this with all due respect to the AIG...
