Author Archives: Darren Marchal

How Janet Yellen’s Latest Swindle Works

Kremlinology Commentators spent the weekend trying to figure out what Janet Yellen’s testimony before the Senate meant for markets. What did she say? What did it mean? Why was she there at all? “It is important to emphasize that a modification of the [interest-rate] guidance should not be read as indicating that the [Fed] will…

Morning Call For March 4, 2015

OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15 -0.31%) this morning are down -0.32% ahead of Feb ADP employment data and ahead of the Fed Beige Book, while European stock are up +0.06% after Eurozone Jan retail sales rose more than expected. Gains in European stocks were limited after the Eurozone Feb composite PMI grew less than expected….

Buffett On Europe: Germany Must Stop Greek Dog Peeing On Its Carp

Not to be outdone by his partner Charlie Munger (who offended many with his comments that “who offended many with his comments that “), Berkshire Hathaway’s Warren Buffett decides to take on Europe (and The Big Lebowski), and particularly the Greeks in today’s ‘perhaps it’s time to just STFU’ moment. Responding to questions about Europe’s future, Buffett compares…

Is Google Undervalued? Analysts Weigh In

Google’s (NASDAQ: GOOGL) stock has dropped about 5% over the last 12 months due to missing earnings expectations for the last eight out of ten quarters. Investors’ concern of increased digital advertising competition from Apple (NASDAQ: AAPL) and Facebook (NASDAQ: FB) have also hindered Google shares, in addition to the uncertainty surrounding Apple renewing its search-engine contract with…