Category: C.M.O.

Shreds & Threads 7.8.2012

Shreds & Threads WSJ:Weak Labor Report Fans Fears: Ben Casselman “We had confirmation of what all of the other economic indicators have been signaling for some time, and that is a marked deceleration of the U.S. economy,” said Paul O’Keefe,…

C.M.O. 12.5.2011

Agreeing to work towards an agreement is not the same as agreeing to agree and both of those are very far away from actually agreeing but it was considered a good first step by the markets this past week when…

C.M.O. 11.21.2011

“If you haven’t thrown up yet, you’re getting ready to,” was how Erskine Bowles, former co-chair of the national fiscal responsibility commission addressed a group of CEOs in Washington DC this past week and he wasn’t talking about the upcoming…

C.M.O. 11.7.2011

Much has been written in this space in the recent past regarding the extraordinary level of correlation across all assets and asset classes.  Also remarked on has been the level of volatility and the comparison of the “risk on” /…

C.M.O. 10.31.2011

As if to put an exclamation mark on the changing of seasons, Mother Nature forced all those in the Northeast used to slipping on their Havaianas flip flops to instead shod their Hunter wellies this weekend. Another sign that the…

C.M.O. 10.24.2011

Twelve, 12, XII, a dozen, a number familiar to all of us if for no other reason than it represents the hours passed on a full sweep of the clock; half of what it takes to complete a day.  Interestingly…

C.M.O. 10.10.2011

The number of new 52 week lows on the NYSE last week was 1,296.  The number of new highs was 33.  I watch those numbers each week and since the lows were larger than the highs we’ll call last week’s…

C.M.O. 9.26.2011

What a week!  In the five trading sessions between Monday and Friday the Dow gave up more than 700 points closing at 10,771 which was 6.4% lower than the previous Friday’s close and the index’s worst weekly showing since October…

C.M.O. 9.12.2011

“If you had bought Swiss francs when I suggested, you would not have lost three-quarters of your fortune.”  Those words, spoken by the banker of Anna Eisenmenger, a middle-class Viennese diarist in post-WWI Vienna are as apropos today as they…

C.M.O. 9.6.2011

When the Tech bubble was still inflating you heard the term “Paradigm Shift” used to describe the new way in which everything would be done.  The term was meant to describe big things moving in big ways.  There are big…