Stocks and Bonds articles

Reconstruction of Noah's Ark.

GDP, Fed flood inundates Wall Street. Bull market to end?

GDP, Fed flood inundates Wall Street. Bull market to end?

SANTA FE, N.M., July 30, 2014 – Flooding was big news yesterday in the otherwise-parched American West, swamping among other places parts of New Mexico’s Sandoval County as surprisingly large summer monsoons continue to wash through this desert state where the Maven is staying this week to review the Santa Fe Opera’s current season. More

Apple HQ at 1 Infinite Loop.

Apple [AAPL] analyst claims iPhone maker likely ‘obsolete’

WASHINGTON, July 24, 2014 – Another day, more nonsense, and heavy earnings reports en route. Stocks are up only a few points on all averages as of noonish today, making this just another summer doldrums afternoon on Wall Street. Likely bored with stocks’ meandering, the chattering classes spiced up the action this morning by trotting

Charles Ponzi, the original schemer. (Via Wikipedia)

Wall Street: Don’t cry for me, Argentina; plus Herbalife [HLF], Ackman fun

WASHINGTON, July 22, 2014 – Tuesday is proving to be an okay but fairly boring day for stock traders. It’s the peripheral activity that promises more fun. First of all, as we’ve reported elsewhere, a three-judge appellate court panel has just effectively trashed the bulk of Obamacare’s subsidy system, due primarily to the sloppy wording

SEC thinking of perp walks for HFT traders? (Image via Wikipedia)

U.S. confirms ‘rebels’ down MH17; SEC after HFTs?

WASHINGTON, July 18, 2014 – Evidence has accumulated to the point where the U.S. government is willing to claim that “Russian separatists” in Ukraine (i.e., the KGB or their hired minions) were responsible for shooting down Malaysian Airlines flight MH17, killing all aboard. That nasty riff on the disturbing Ukrainian situation was largely what put

Malaysian Airlines 777.

Stocks spooked by Malaysian MH17 crash, lousy housing numbers

WASHINGTON, July 17, 2014 – The Dow Jones Industrials got off the chocks not long after this morning’s opening bell, somewhat feebly attempting to break yesterday’s record high. But first, lousy housing numbers took the wind out of the market’s sails. Housing starts fell “unexpectedly” in May. Who knew? Then around 11 a.m. EDT, news