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econlog.econlib.org - 12/9/2008
Brad DeLong on the Crisis
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(December 8, 2008 12:50 PM, by Arnold Kling) He writes, In normal times, our models predict, with the ability to diversify portfolios that exists today the risk discount on assets like corporate equities should be around 1% per year. It is more like 5% per year in normal...
ftalphaville.ft.com - 12/4/2008
Blog Archive » Bill Miller calls the bottom
— ftalphaville.ft.com — Bill Miller is a brave, brave man. From Reuters : Legg Mason’s star stock-fund manager Bill Miller... said on Wednesday the “bottom has been made” in U.S. equities and that the Federal Reserve should consider purchasing stocks and junk bonds to pull the ... (more) Blog Archive » Bill Miller calls the bottom

Comments vote down Random Roger found this 12/4/2008found this
ftalphaville.ft.com - 12/3/2008
Bill Miller calls the bottom
— ftalphaville.ft.com — Bill Miller is a brave, brave man. From Reuters: Legg Mason's star stock-fund manager Bill Miller said... on Wednesday the "bottom has been made" in U.S. equities and that the Federal Reserve should consider purchasing stocks and junk bonds to pull the United States out of the financial ... (more) Bill Miller calls the bottom

Comments vote down Rover Rover found this 12/3/2008found this

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Lawrance G. Lux:  The Christmas List

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The Christmas List
Lawrance G. Lux — ... suggests We ignore the real Numbers–some of which are even worse than those of the Great Depression. Arnold Kling proclaims there was a systemic failure in the financial sector, though he might sow some confusion in its definition. It is lucky We are in the Christmas Season; What day of Christmas is it anyhow? What? Next Week? Sorry! lgl

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