Archive for April, 2009

• Monday links: a rigged game
  abnormalreturns, April 13th, 2009 at 12:40 pm, Comments: 0

  It may be a long time before earnings rebound, in part due to reduced leverage and lower profit margins.  (Clusterstock, WSJ.com) Investors have jumped back [...]

• Sunday links: an air of exodus
  abnormalreturns, April 12th, 2009 at 9:59 pm, Comments: 0

  Scary talk about how quant fund deleveraging could bring about a ‘liquidity event.’ (Zero Hedge, ibid) “There is an air of exodus on Wall Street [...]

• Friday links: preventing future incompetence
  abnormalreturns, April 10th, 2009 at 11:28 am, Comments: 0

  The Fed wants banks to remain silent on the results of the not-so-stressful “stress tests.” (24/7 Wall St., Dealbreaker, Big Picture, Curious Capitalist) After being [...]

• Friday links: preventing future incompetence
  abnormalreturns, April 10th, 2009 at 11:28 am, Comments: 0

  The Fed wants banks to remain silent on the results of the not-so-stressful “stress tests.” (24/7 Wall St., Dealbreaker, Big Picture, Curious Capitalist) After being [...]

• Thursday links: too big to exist
  abnormalreturns, April 9th, 2009 at 12:43 pm, Comments: 0

  Another one bites the dust.  Berkshire Hathaway (BRK) loses its Aaa from Moody’s.  (DealBook, WSJ.com, Felix Salmon) And the stock picks up an endorsement from [...]

• Wednesday links: uptick, downtick
  abnormalreturns, April 8th, 2009 at 1:18 pm, Comments: 0

  “Is Moody’s Investors Service a member of the free press, or is it a Wall Street firm?”  (Breakingviews.com) Speaking of Moody’s, the firm put all [...]

• Tuesday linkfest: poor asset decisions
  abnormalreturns, April 7th, 2009 at 12:01 pm, Comments: 0

  “So ultimately, leveraged investing comes down to picking good assets first, then getting the leverage right. The crisis has been brought on by poor asset [...]

• Monday links: rundown rally
  abnormalreturns, April 6th, 2009 at 12:29 pm, Comments: 0

  Has the stock market rally run its course?  (WSJ.com, FT Alphaville, Free exchange, TheStreet.com) Good luck trying to escape earnings disappointments this earnings season.  (Big [...]

• Sunday links: cash flows talk
  abnormalreturns, April 5th, 2009 at 9:17 pm, Comments: 0

  “Currently, 75% of the stocks in the S&P 500 are trading above their 50-day moving averages.  While this is a strong breadth measure, it has [...]

• Friday links: thesis is still intact
  abnormalreturns, April 3rd, 2009 at 12:47 pm, Comments: 0

  Something happened at the G20 meeting to actually get people excited.  (Breakingviews, Daniel Drezner, Felix Salmon, Economix, Alea) The unemployment rate jumps to 8.5%, a [...]