Bond Rating Agencies Yield Junky Results

Marko’s Take Originally written May 31, 2010 Bond Ratings Agencies Yield Junky Results Think a certain credit rating means something?  Think again! Amid the financial crisis which enveloped the global financial system in 2008-2009, Standard & Poors (S & P) and Moody’s played a central role.  So much paper with sub-prime mortgages defaulted that were originally […]

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Hindenburg Omen Confirmed… Or, Was It?

                           Marko’s Take Hindenburg Omen Confirmed… Or, Was It? Wednesday, July 7, 2010   The Hindenburg Omen (HO) was described in yesterday’s blog. For more on how it works, click here http://markostake.blogspot.com/2010/07/hindenburg-omen-foretells-coming-market.html. For the HO to be confirmed, it must happen at least […]

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SEC No Match For Government Sachs

Now let me get this straight.  Goldman Sachs (GS), aka “Government Sachs”, has just received the largest penalty ever imposed on a financial firm.  Yes, a whopping $550 million. Relative to Goldman’s 2009 net income of roughly $12 billion, this represents less than 5%, or about two weeks worth of earnings.  In the case of British […]

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The 12 Steps Of An Empire

Every empire goes through what appears to be an inevitable series of conditions which accompany its rise to dominance and then its fall to ashes.  This has proven especially true for the 3 key modern empires:  the British, the American and the Soviet Union. So, what are the signs of a rising or falling empire?  They […]

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