Author: William Lee
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Hurrah! The Bailout of the Healthcare Sector and the Government Subsidization of Big Pharma Remains!
The degree to which people are misinformed is astounding. As was so aptly stated earlier in CAVEAT EMPTOR: REVIEW OF DYLAN RATIGAN’S RAGE AND THE HEALTHCARE SECTOR BAILOUT… Dear Sheeple: A Priori Argument So, the healthcare sector that was overcharging for its services before the Affordable Healthcare Act is now handily beating its earnings estimates and outpacing the…
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The Endless European Non-Deal
One’s intuition and instinct can work so well at times. See…juxtaposed the European central bankers trying to solve the Greek problem vs. JP Morgan – the peerless problem-solving banker of his time.
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Glitter Bomb: Yeah!? What Did You Think Was Going to Happen? EU Forever?
A great man, Father Kinoti, once explained that “often people rail against something because they sense its innate evil. They might not be able to articulate or fully discern what the slight is, but their heart informs them.” Central banker, Mario Draghi (i.e., the Master of the European Universe) got what was coming to him. In my…
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A New Event Within the Cycle of Lower Crude Oil Prices; and an Interesting Juxtaposition
The cycle of cheap energy, a strong dollar, and weak global demand (including a weak China), first described in “Crude Analysis of Crude: I Enter the Center of the Cycle”, might give way to what could be a significant event. The price of the Crude Light Oil contract, traded on Globex, is nearing its 100 day…
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Cycle of Weak Global Demand: Chinese Export Number Misses Big!
China Trade Balance (Mar), which came at CNY 18.8 bln vs exp CNY 250.0 bln, with exports -14.6% y/y (in yuan terms), while imports were -12.3% y/y (yuan terms), all components being a big miss, that has sent the rate at its day lows of 0.7610 from 0.7675/80 (AUD). It is interesting to see Chinese…
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Don’t Be So “Pretendtious”!; Pondering the State of the Union
We can pretend that what has not had the greatest effect on the economy during the Obama years is ZIRP or zero interest rate policy. We can pretend that the force of Federal Reserve liquidity provisions is a lesser force than the accomplishments of President Obama and Washington politicians throughout this period. We can pretend that Washington…
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Caveat Emptor: Review of Dylan Ratigan’s Rage and the Healthcare Sector Bailout
If only we all had enough money to pour into healthcare stocks to reap the greatest windfall from the Affordable Healthcare Act! A View of the Healthcare Sector Bailout The breathtaking rally we have seen in healthcare stocks RESOUNDINGLY displays that the Affordable Healthcare Act amounts to a bailout of the healthcare sector – a debate that some like to…
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Freeing the Sports World of Steroids, Silencing Donald Sterling, Stopping Global Warming and more…
When the division of labour has been once thoroughly established, it is but a very small part of a man’s wants which the produce of his own labour can supply. He supplies the far greater part of them by exchanging that surplus part of the produce of his own labour, which is over and above…
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“If” by Rudyard Kipling – For a Trader to Live By
If you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don’t deal in…
