Rick Davis Nailed 1st Qtr 2010 GDP Report on November 30, 2009
How would you like to have the answers to a quarterly report before other participants have even thought that the activity is occurring, data is being compiled, analysis is being rendered, and the...
View ArticleReview of Unemployment Report July 2, 2010
The release of the Unemployment Report on Friday is very much consistent with an economy that is undergoing real structural changes and adjusting to the realities of lessened credit and limited growth....
View ArticleIf My Aunt Had Balls, She’d Be Mary Schapiro
“If my aunt had balls, she’d be my uncle!!” I love that line. I first heard it on the trading desk at Bear Stearns in the early ’90s. For the last twenty years, I have used the line often to counter...
View ArticleRick Davis Goes Inside the GDP Report
The equity markets are flat so the 2nd quarter GDP report must have been properly priced into current valuations. Perhaps, but I would neither go that far nor would I be so brazen as to say that the...
View ArticleObamaCare: Is the Obama White House Going “Soprano” Again, or Why Are Three...
This story is a tad long, but it is chock-filled with a wealth of twists, turns, personalities, politicians, and much more. I strongly recommend. Politics is clearly a contact sport. No doubt not all...
View ArticleThe Real Issues Behind the Foreclosure Crisis
What is really going on in regard to the moratorium on mortgage foreclosures? A lot. Not all of it would qualify as the best of “sense on cents.” My thoughts include the following: 1. Can we now...
View Article“Retire Barney”; Sense on Cents Endorses Sean Bielat
The Wall Street-Washington incest MUST end. This coming Tuesday, America has a chance to ring that bell, expose that incest, cleanse the system, and deliver the message loud and clear. The peal of...
View ArticleDid Wall Street Violate the Racketeering Act?
I want to thank a regular reader for prompting me to tune into 60 Minutes this past Sunday evening. Watching CBS’s Scott Pelley evidence how Wall Street banks knowingly and fraudulently engaged in...
View ArticleDid Mary Schapiro Engage in a Fraud?
Will we learn in 2012 if Mary Schapiro, current chair of the SEC, and other then senior executives at the Wall Street self-regulatory organization, FINRA, engaged in a fraud? The case addressing this...
View ArticleBarclays Libor Scandal: How Big Will This Get?
The real tragedy of the scandal is the apparent lack of ethics or self-restraint among the people involved. Following billions of dollars of trading losses at JPMorgan Chase & Co.’s out-of-control...
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