Archive for November, 2009

• My take on the future of Dubai
  Aiki14 Market Sense, November 29th, 2009 at 1:18 pm, Comments: 0

  The news has been full of the events in Dubai over the last 4 days, and its effects on the markets here in the states and abroad. I believe for several reasons which I will expand upon today is that Dubai World will be bailed out and the long term ramifications of this event will [...]

• A Few Words of Thanksgiving
  Aiki14 Market Sense, November 26th, 2009 at 12:55 am, Comments: 0

  I thought I would take some time on this holiday to express my gratitude to all of you who have read this blog, and for the kind words and thoughts you've expressed to me.
  I wish to thank all the great folks at StockTwits without whom this blog, and my show on Stocktwits TV, would not [...]

• Why we bailed out the Banks
  Aiki14 Market Sense, November 23rd, 2009 at 7:14 pm, Comments: 0

  When the economy cratered last year there was much blame to spread around and myriad causes to be analyzed. When Secretary Paulson, in a condition of abject panic, went to congress with the request for emergency funding to rescue the economy he spoke of a stimulus package. Nobody can deny that one of the main [...]

• Congress Looks at Reforming Fed
  Aiki14 Market Sense, November 21st, 2009 at 3:38 pm, Comments: 0

  While I have been a supporter of the Federal Reserve returning to it's original mandate the thought of Congress moving rapidly and legislating change in the current heated atmosphere is disconcerting. The odds of the Congress addressing the Feds key problems and implementing the correct solutions seems lower than the Fed itself policing it's activities [...]

• Mr. Geithner’s “Deeply” Held Belief
  Aiki14 Market Sense, November 11th, 2009 at 1:39 pm, Comments: 0

  Mr Geithner, speaking to reporters in Japan yesterday made several statements in which he espoused his belief in a strong dollar policy.
  "I believe deeply that it's very important for the U.S. and the economic health of the U.S. that we maintain a strong dollar" Mr Geithner said "We bear special responsibility for trying to make [...]

• A “Manhattan Project” for Energy Independence
  Aiki14 Market Sense, November 10th, 2009 at 1:09 am, Comments: 0

  The United States produces 10% of the world’s petroleum and consumes 24% or roughly 20 Million Barrels per Day (MMbd). The Energy Information Agency (EIA) estimates we import 13.5 MMbd. Today oil is around $80 a barrel (bbl). World Production of Oil is approximately 85MMbd.
  I believe the the United States not only should, but must, [...]

• Is There a Trade War Between China and the U.S.?
  Aiki14 Market Sense, November 7th, 2009 at 9:08 pm, Comments: 0

  Recent policy decisions by the Obama administration imposing duties on certain goods imported from the Peoples Republic of China (PRC) and the actions of the PRC in response to these duties have resulted in a straining of the relationship between the two countries. Allegations of "Dumping" have been made by, and denied by, both sides. [...]

• The Rest of the IMF Gold
  Aiki14 Market Sense, November 5th, 2009 at 9:58 pm, Comments: 0

  On September 18, 2009, the IMF Executive Board approved the sale of 403.3 metric tons of gold (12.97 million ounces), which amounts to one-eighth of the Fund's total holdings of gold. As you know the IMF sold 200 tonnes of this gold to the Reserve Bank of India and announced the sale on Tuesday. [...]

• SEC Nabs Insider Traders, but what about the Little Guy?
  Aiki14 Market Sense, November 5th, 2009 at 1:58 pm, Comments: 0

  The SEC led by its new Chairperson Mary Schapiro is attempting to refurbish it's reputation and taking an aggressive stance against Insider Traders and malignant Hedge Funds and this is no doubt a good thing. But it will protect a handful of accredited rich guys and a few big companies who allegedly should know better [...]

• India and China and Gold, Oh My
  Aiki14 Market Sense, November 4th, 2009 at 1:04 pm, Comments: 0

  The Reserve Bank of India in an off market transaction purchased 200 Metric Tonnes of Gold Bullion from the International Monetary Fund (IMF). Several things made this both interesting and market moving.
  First, the magnitude of the purchase was surprising. Second was that they were not expected to make the purchase at all, analysts expected [...]