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SurlyTrader
http://www.surlytrader.com
A cynical look at our financial institutions and the government that supports them
Recent Posts
Gold Plummets
Based upon today’s action it seems that gold looks like it might head down to $1,050-$1,070 /oz to come back to its longer term trendline. If it comes back to that trendline, it would be a good place to re-establish a long position or sell s...
Employment Rebound
The jobless recovery has ended. The unemployment report came in at 10% versus an estimate of 10.2%. The major change was an increase in temp hiring in November for the holiday season. October was flat YoY, but the spike in November shows that r...
Bonds Trample Equities
There has always been a strong perception in the investment field that equities vastly beat stocks over long periods of time (20-30 years) and in the last few years there has been a suggestion from many financial advisors that individuals in retirem...
World Destroyer – Large Hadron Collider
The only relation between the world’s largest particle accelerator and the financial topics that usually are posted on this site is the massive cost of the project at an expected €3.7 billion or $5.58 billion, well over twice the budgeted co...
Dubai – A Crisis of Confidence
Many investors associate the bankruptcy of Lehman Brothers with the apex of the 2007/2008 credit crisis. Indeed, after Lehman Brothers failed, the stock market plummeted, credit spreads blew out, and numerous banks and companies required bail-outs...
Obesity in America
Given that the gluttony of Thanksgiving has just ended, I think it is fitting to address the obesity epidemic in America and its financial impact on our economy. 67% of Americans are Overweight In 2008, the obesity rate for the United States was 31...

