March 2009
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Econbrowser: Stock prices and fundamentals →
A little math if you’re into that sort of thing (easy to skip over otherwise) but great analysis overall.
February 2009
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“I was involved in trading for 21 years and I can testify that traders...”
– Nassim Taleb The idea of banks as utilities previously discussed here and here.
Bobby Jindal admits he made up that whole... →
spiegelman:
When did Republicans become so pathologically bumbling?
Unreal.
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Economy "Recover"? Please. It Needs To Reboot →
I’ve been thinking about this a lot and I think it defines the difference between the US consumer / economy and the rest of the world going forward. Since WWII and more so since 1981 / Reagan, US growth has been fueled by massive expansions in public and private debt. I don’t think that pace will continue for at least one generation, probably two - it took fifty-plus years after 1929...
Comments v. Reblogs
azspot:
Marco wrote:
This is exactly the rationale behind using reblogs as a means of debate and discussion.
The main reason I don’t allow comments is that I want to inspire debate. I think people do their best writing when they’re forced to defend their ideas on their own turf. It’s one thing to leave a comment on someone else’s blog, but quite another to put your argument in front of your...
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“‘The strength of America is not found in our government. It is found in...”
– David Corn
I bowled my first-ever turkey last night.
Why is it called a turkey?
The term dates back to before the turn of the 20th century. In those years, scoring was much more difficult and to get three strikes in a row was quite an achievement. During Thanksgiving or Christmas week, the proprietor would present a live turkey to the first person on each team who scored three consecutive strikes. The term has carried over ever since.
what's your favourite word?
lovepuppy:
fullcredit:
lizziejeanne:
dweeler:
jspurg:
strawburyduck:
lovehopehate:
srsly:
theprosaic:
scatteredwords:
i like “carbaminohemoglobin” and “scattered”
hence my blog name.
sponge and box
Defenestrate.
Scandal
Superfluous.
atrocious
Unununium - 111th element on the periodic table
et cetera - it’s technically two, and it’s technically Latin. But I love...
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“We have lived through an era where too often, short-term gains were prized over...”
– Barack Obama
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Japan Exports Plummet 45.7% →
This is such a huge number, I don’t think I understand it.
What's up with this gchat virus?
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Anyone else’s dashboard acting up a little? Posts disappearing and reappearing?
American Express offering buyouts... to... →
mandalay:
(via alexbalk)
I’d be interested to hear one of you financial people’s take on this. Chris maybe? -M
My guess is this won’t work because the people AmEx is likely to offer this to won’t be able to get a new credit card and do a balance transfer right now. If it does work, it sounds like a good deal for both AmEx and the consumer.
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Of Course We're Going To Inflate Our Way Out Of... →
Of course. But I’ve said this before.
Is it time to overhaul the Dow index? →
Why not? Here are my picks to replace any members of the DJIA that are kicked out this year (most likely General Motors, Citigroup and Bank of America):
UPS
Exelon
Google
Medtronic
A real stunner would be Toyota but I don’t think there’s ever been a foreign company included.
