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10 Friday AM Reads
My morning reading: • How to Fire Your Financial Adviser (WSJ) • The Past 5 Years Explained in 73 Headlines (Motley Fool) • Jony...
Buffett: Federal Reserve Is Greatest Hedge Fund in History
Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit...
Outcome or Process Oriented?
Well, that was a busy week, wasn’t it? The non-Taper, the Lehman anniversary, oh, and our little launch has kept your humble author...
Open Thread: Who Should Have Been Prosecuted ?
It is the 5th anniversary of the collapse of Lehman, AIG, and the GSEs. At this time 5 years ago, my assumption was that by today,...
10 Thursday PM Reads
My afternoon train reading: • Fed recoils from 1937 tightening error as jobs evaporate (Telegraph) see also What are the Risks of...
Stock Market Sentiment & Technical Indicators
You know I love these sorts of things: Dr. Ed Yardeni has a nice set of monster sentiment charts posted at his site. The link is Stock...
10 Thursday AM Reads
My morning reading: • Bernanke Saves Companies $700 Billion as Verizon Leads Sales (Bloomberg) see also I can haz no capex (FT...
JP Morgan Fines Now More Than $8 Billion Dollars
Time to update the tally: Each year, JPM has profits of about $25 billion dollars on revenues well over $100 billion dollars. Part of the...