Archive for March, 2009

• Tuesday links: contracts under assault
  abnormalreturns, March 31st, 2009 at 11:55 am, Comments: 0

  Why are we protecting bank bondholders at the expense of the larger economy and financial system?  (Clusterstock, Hussman Funds) Hitting bank bondholders remains the “nuclear [...]

• Monday links: long run risks
  abnormalreturns, March 30th, 2009 at 1:31 pm, Comments: 0

  The bet on corporate bonds vs. stocks at this point is a deflation vs. inflation argument.  (FT Alphaville also Fortune.com, Capital Spectator) More on the [...]

• Monday links: long run risks
  abnormalreturns, March 30th, 2009 at 1:31 pm, Comments: 0

  The bet on corporate bonds vs. stocks at this point is a deflation vs. inflation argument.  (FT Alphaville also Fortune.com, Capital Spectator) More on the [...]

• Sunday links: stocks vs. bonds
  abnormalreturns, March 29th, 2009 at 11:28 am, Comments: 0

  Is the economic crisis ultimately going to be good for America?  (Time.com) Are stocks really less risky over the long run?  (NYTimes.com, Big Picture) Sell [...]

• Friday links: equity culture crash
  abnormalreturns, March 27th, 2009 at 6:36 am, Comments: 0

  Due to travel, today’s edition of the linkfest is early and abbreviated. We will get back to it this weekend. “The challenges the United States [...]

• Thursday links: simple but not easy
  abnormalreturns, March 26th, 2009 at 11:24 am, Comments: 0

  Despite an equity market rally, the bond market is still skeptical of sustained financial stability.  (WSJ.com) Bond auction failures.  Time to worry?  (MarketBeat, Free exchange) [...]

• Thursday links: simple but not easy
  abnormalreturns, March 26th, 2009 at 11:24 am, Comments: 0

  Despite an equity market rally, the bond market is still skeptical of sustained financial stability.  (WSJ.com) Bond auction failures.  Time to worry?  (MarketBeat, Free exchange) [...]

• Wednesday links: play in the PPIP pool
  abnormalreturns, March 25th, 2009 at 1:52 pm, Comments: 0

  Given where some banks have their toxic assets marked, it will be difficult to find any takers via the PPIP.  (Zero Hedge, ibid also FT [...]

• Tuesday links: power plays
  abnormalreturns, March 24th, 2009 at 12:55 pm, Comments: 0

  It looks like we beginning to see some of the cash on the sidelines come back into the stock market.  (VIX and More) Doug Kass, [...]

• Monday links: a CLO to buy a CLO
  abnormalreturns, March 23rd, 2009 at 4:43 pm, Comments: 0

  The toxic asset plan, “a CLO to buy a CLO.”  (MarketBeat, Real Time Economics) The stock market loves the toxic asset plan. Every one else [...]