Greenback Breakout?
Is the Dollar finding a bottom? If you think the its 50-day moving average is significant, well then the answer is yes. The WSJ’s...
Volcker: Only Financial Innovation Has Been “ATM...
“I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of...
Whoops! Japan Overstated GDP by 300%
Wow, quite the cock up: The initial estimate of Japanese economic growth of 4.8% original was revised to 1.3%. That is a revision that...
Available Labor Rate Increases To 10.2%
Another brilliant piece of parody, via The Onion: “In what is being touted by the Labor Department as extremely positive news, the...
WSJ: Are Humans Responsible for Climate Change?
Wow, the results of this WSJ poll was surprising: > chart courtesy of WSJ > And they teed up the poll with this description: This...
Tuesday Reading 12.08.09
A few items that have caught my eye: • Yale’s Jeffrey Garten: We must get ready for a weak-dollar world (FT) • Why cheap oil...
Climate Skeptics vs Scientific Consensus
I love information, and I especially appreciate a good depiction of information. This ginormous graphic, from Information is Beautiful,...
Hanson: 20 Million Borrowers in Imminent Risk of Delinquency
Most look to loan type and equity position as two of the most important factors when forecasting loan default. In fact, I believe that...
Ratigan: AIG needs a reality check
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