Most importantly, I hope you, your family and friends are safe as anything we missed in the global market the past two days is irrelevant...
Read More
Mario Draghi may have removed the tail risk (for now) of EMU breaking apart, but words alone (nor the OMT if it is ever activated) have...
Read More
My afternoon hurrication reads: • NYSE Expects Normal Open Tomorrow After Storm (Bloomberg) see also Behind Decision to Close Markets...
Read More
click for larger image Source: Vic LeFaber, Google+
Read More
Australian new home sales declined by -3.7% in September M/M, the 3rd consecutive monthly decline. The Australian economy is slowing and...
Read More
In his new book MISUNDERSTANDING FINANCIAL CRISES: Why We Don’t See Them Coming, Gary Gorton explores how the economic “Quiet...
Read More
We lost electricity about 3 PM yesterday. (No clue when it will come back on). We have plenty of supplies. I took some photos of the...
Read More
This chart shows the share of all contributions given by the top ten donors to super PACs still active in the 2012 election, through...
Read More
I like this short list of fixes from Sheila Bair: 1. Break up the “too big to fail” banks Giant institutions and untested “living...
Read More
Australia’s forex reserves have risen materially – A$863mn in August and September. Basically, the Australian authorities are...
Read More