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What sort of crap do you have lurking hidden on your iPod ?
That’s the question on an older article I stumbled across from my old e&e blog. The Arizona Republic asked:
“Those saccharine pop tunes and schmaltzy ballads cloaked from friends? There’s no excuse anymore. ...
Stocks
Most investors know that the S&P 500 hit a record high in October 2007 and a (the?) low in March of this year. But when you break it down by sector, things are a bit more complicated.
Otherwise, for those who are wondering whether there is more upside ahead, the fact that four groups ...
Other
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Some good learnin’ here:
This web site stems from a personal interest in critical thinking and is a collection of links to articles and sites pertaining to numeracy and critical thinking. Links should be good for at least the date posted. After the posting date, link ...
Other
Day Trader
The WSJ’s Greg Zuckerman has a new book out titled, The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History .
Here is an excerpt from his recent WSJ column on lessons on the subject:
1 Don’t Rely on the Experts
...
Hedge Funds
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Jim has run Bianco Research out of Chicago since November 1990. He has been producing fixed income commentaries with a circulation of hundreds of portfolio managers and traders. Jim’s commentaries have a special emphasis on: money flow characteristics of primary dealers, mutual ...
Government
Treasury Bills
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago ...
Government
Korea
Anglo Irish Bank
Evan Newmark writes a regular column on the WSJ’s Deal Journal. His stock in trade is contrarian takes on the markets and politics. To the extent that he represents an extreme version of the Wall Street world view, he’s a bellwether.
Yesterday, he may have run the bell a bit too ...
Stocks
Employment Downturn
Back in October, I laughed off the latest China GDP data as utterly fabricated.
As it turns out, I was not the only one. China expert Gordon G. Chang (author of The Coming Collapse of China ) is more than skeptical — he has the data to question much of China’s growth miracle.
...
Other
While the US$ caught a bid this week, albeit modest, in part due to Bernanke’s acknowledgement of it on Monday in terms of its impact on commodity prices and thus inflation, the fed funds futures continue to reduce its belief that he’ll follow words with actions. Since ...
Stocks
Ben Bernanke
Federal Reserve
Exchange-Traded Funds
1. Most Blues begin, “Woke up this morning.”
2. “I got a good woman” is a bad way to begin the Blues, ‘less you stick something nasty in the next line, like “I got a good woman, with the meanest face in town.”
3. The Blues is simple. After you get ...
Government
Bill Clinton
Compared to historical norms, Nasdaq market capitalization is significantly above median levels relative to GDP.
The Nasdaq’s median percentage of GDP has averaged 61.8%; its now over 100%. As the chart below shows, the big aberrational periods have been due Fed bubble inflation: first ...
Government
Gross Domestic Product
Federal Reserve
Interest Rate
The Nov Philly Fed manufacturing survey was 16.7, 4.5 pts above expectations and up from 11.5 in Oct. It’s the highest since June ‘07 but the figure measures the direction of change, not the degree. New Orders jumped sharply to 14.8 from 6.2 but Backlogs fell 4 pts to -5.4. ...
Other
Phil Gramm, the former Republican Senator from Texas who co-wrote the act that undid Glass-Steagall, has our DQotD:
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“I’ve never seen any evidence to substantiate any claim that this current financial crisis had anything to do with Gramm-Leach-Bliley. In fact, you couldn’t have had the ...
Government
Republican
Day Trader
As long as I am here in Europe, I might as well give you some flavor of what has become known as Recession Porn : The most dire forecasts expecting the most egregious outcomes.
Today’s “Crisis Porn” comes to us via Société Générale by way of the UK’s Telegraph , and ...
Commodities
Global Downturn
Gross Domestic Product
Initial Jobless Claims totaled 505k, in line with estimates and flat with a revised 505k last week. Continuing Claims, which covers the first 26 weeks of benefits, fell by 39k but were slightly above forecasts. Emergency Unemployment Compensation which takes us past 26 weeks rose by 101k which ...
Government
Unemployment
Lawrence Summers
The US$ index is rising to a one week high and the US$ is also higher against emerging market currencies such as Brazil, Taiwan, and Indonesia, so the bounce is broad based. Whether it was Bernanke uttering the dollar word in terms of its impact on commodity prices and inflation on Monday, ...
Stocks
Ben Bernanke
JPMorgan Chase & Co.
OK, it’s not quite the “magazine cover indicator” …
…but surely this must be telling us something about the gold market?
Hat tip LOLFed
Source:
Cats for Gold
http://www.catsforgold.com/
