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Macro perspectives on the capital markets, economy, geopolitics, technology, and digital media. |
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How Goldman Bet on a Housing CrashNov 3, 2009
“The Securities and Exchange Commission should be very interested in any financial company that secretly decides a financial product is a loser and then goes out and actively markets that product...
Barron's Survey: The Bull is Still in ChargeOct 31, 2009
I have not crunched the numbers of Barron’s Big Money Poll — but I am curious if it operates as a reliable contrary indicator.
I would need to look at 30 years or so of the data to draw any...
New vs Existing Home Sale GapOct 30, 2009
Calculated Risk posted this interesting chart showing the difference between the degree of pressure on Existing vs New Homes.
It raises an interesting quandry: On the one hand, new home sales...
Entering the Holiday Shopping SeasonOct 28, 2009
With Halloween upon us, we are about to enter the prime US Holiday shopping season. So far, advertising has been subdued. Even without big inventory, we are likely to see significant discounting...
WSJ Quarterly Housing Survey: More Pain to ComeOct 27, 2009
I meant to get to this last week, but the day it came out, I was mostly drunk (my bday), and I somehow missed it:
“Despite some tentative signs of recovery, the U.S. housing market remains...
Lucky Shopping ErrorDec 10, 2009
I mentioned the other night that I dawdled and missed out on making some cheap purchases at Amazon — the complete Curb Your Enthusiasm: Seasons 1-6: and Dilbert 2.0: 20 Years of Dilbert.
I had put it into my shopping cart, then promptly forgot about...
Bloomberg on Phantom Shares, Naked ShortingDec 10, 2009
I somehow missed this:
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click for video
Thursday 10 SpotDec 10, 2009
Geez, Thursday already? Where did the week go ?
Here is what caught my eye today
• Will the real Santa Claus Rally please stand up? (MarketWatch)
• Why Didn’t Canada’s Housing Market Go Bust? (Cleveland Fed)
• Most Economists Urge Action...
Dumb Discovery of the Day: All Men Watch PornDec 10, 2009
Here is yet something else I missed while out to sea last week: All men watch porn, scientists find. Regular readers know I am very pro-Science, but I cannot see how this research adds anything:
“We started our research seeking men in their 20s...
Elizabeth Warren on TARP AchievementsDec 10, 2009
Big banks have benefited from TARP funds, but those benefits are not trickling down to the real economy, Elizabeth Warren, chairman of the Congressional Oversight Panel, told CNBC.
Airtime: Wed. Dec. 9 2009 | 8:35 AM ET
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