In a speech on Saturday George Soros said that Euro-zone governments have around 3 months to save the Euro currency.  Unless Germany is willing to take on some of the financial burden in response for reduced sovereignty for the periphery, the crisis is unlikely to be resolved.  Soros believes that at some point Germany will...Read More

Below is an article touching on the fact that increased regulations on the banks is serving to stifle lending.  Even worse this comes at the worst time possible as the economy seeks to recover, and a massive global deleveraging constricts credit.  Policymakers and regulators have shown no common sense in their decision making and politics...Read More

Today Bloomberg had an article discussing that after the recent panic in the markets, the S&P 500 has a valuation that is 19% below February of 2011.  It is important to keep in mind that even in February 2011 the market was not overpriced, so we are working from a very low base.  It is...Read More

I missed this article unfortunately as it was day after I had surgery for a broken humerus, but the naivete is evident.  Bank analyst and legend in his own mind Mike Mayo, ranked Bank of America’s CEO Brian Moynihan as the worst CEO of the banks due to recent share price performance.  Moynihan wasn’t behind...Read More

http://seekingalpha.com/article/632291-telefonica-a-tale-of-two-worlds INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.Read More

This is a huge move for GM as it greatly reduces the biggest risk hanging over the company, which is their pension shortfall.  The stock is probably the cheapest manufacturing company in the United States from a valuation perspective.  I’m not sure if there will be resistance to this move, but if they are able...Read More

It is time that we realize that the Federal Reserve has done everything that they could do for the economy.  They obviously must continue to create liquidity but the problems are fiscal in nature.  Politicians in Europe and the United States must understand that it is time to declare an all out offensive on promoting...Read More

This article discusses how long-term treasury yields are at 220 year lows.  It is amazing to see the level of fear and hysteria that these low interest rate implies.  I believe the U.S. government should be issuing 100 year bonds to take advantage of these fears.  I don’t think these rates could happen if it...Read More

Chesapeake Energy (CHK) finally get’s some good news as the company has hit a home run in the Andarko Basin, with a well in the Hogshooter formation which produced 5,400 barrels of crude a day during the first eight days of operation.  Anything that takes the focus off of the company’s lack of corporate governance...Read More

News has broken today that BP is pursuing the potential sale of its 50% stake in its Russian joint venture TNK-BP.  While this entity is one of the best cash flow producers for BP, problems have plagued the venture as the two sides cannot agree on strategy or governance.  Doing business in Russia is a...Read More