Courtesy of Tim Iacono at The Mess That Greenspan Made Some of the world’s smartest and dumbest economists have gathered in Davos, Switzerland to talk about the global banking system and how they’re all hoping that 2010 doesn’t turn out like 2008. CNBC’s Becky Quick grabbed Yale economist Robert Shiller for a quick chat. Obviously, Shiller...

For long-time readers of The Market Guardian, I wanted to point out that I am now advertising for the T3Live.com services. T3Live offers some of the best active trading content on the web! Watch the Morning Gameplan, Play of the Day and Daily Recap videos everyday! Tune into the live radio stations with top active traders and participate in our group...

From the Fed: Information received since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and that the deterioration in the labor market is abating. Household spending is expanding at a moderate rate but remains constrained by a weak labor market, modest income growth, lower housing wealth,...

by Tyler Durden It appears America’s taxpayers are finally about to find out just what worthless securities they received in exchange for 100 cents on the dollar, courtesy of Goldman, Soc Gen, ML et al. when Bernanke and Gaithner, or whoever, decided to pay the banks in full for multi-billion dollar portfolio. As a reminder, the list in question...

Elliot Turner of T3Live Well this morning was some volatile, choppy, and schizophrenic trading. This morning when I woke up, I knew I would be trading Caterpillar (CAT). CAT had been a high flyer and recently broke support after a failed breakout attempt. With earnings out this morning, I knew there would be a catalyst for a move, but did not know...

Are high stock broker’s commissions or online trading account fees costing you money and lowering your overall return on investment? If so you seriously need to check out Paddy Power Trader and their amazing Financial Spread Betting platform! With spread betting you don’t actually own specific shares of stock you simply bet on the performance...

By Elliott Wave International Like a spy who gets a burn notice, Federal Reserve Chairman Ben Bernanke has suddenly lost his support. Bernanke has gone from being Time magazine’s Man of the Year in 2009 to … what? A Fed chairman embroiled in a controversial reconfirmation process before U.S. Congress. Why the sudden turnaround in his fortunes? Robert...

The Market Ticker Here’s a CNBC video on the matter… Jim DeMint may not be ready to call this a “cover up” but DeMint also is bringing to the forefront a number of points that I have repeatedly made, specifically: It was securitized debt that was rife with fraud that led to the blowup.  But what’s not being said –...

Is INTC a Buy Sell or Hold

H/T Zero Hedge Readers seeking a live webcast (interrupted by an occasional Goldman Sachs commercial) of the Committee on Oversight and Government Default can find it at the Committee’s website here. The link also includes the full schedule and opening statements from all participants. As a reminder, here is the lineup for today’s grilling: Panel...

From the Census Department: Sales of new one-family houses in December 2009 were at a seasonally adjusted annual rate of 342,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.6 percent (±14.6%)* below the revised November rate of 370,000 and is 8.6 percent (±15.2%)*...

John Carney of Clusterstock So let us get this straight. Both Treasury Secretary Tim Geithner and his predecessor Hank Paulson plan to deny playing important roles in the secrecy of the AIG bailout in testimony to a Congressional oversight committee today. So who was making the decisions about what was the largest bailout of a private company in the...