Quote of the Day
“An investment operation is one which, upon thorough analysis promises safety of principal and an adequate return. Operations not...
Not All Rate Cuts Are Created Equal
Yesterday, the FOMC statement dropped the phrase from the January statement: "the extent and timing of any additional firming that...
Parsing the Fed
The WSJ does their usual thorough job in parsing the Fed’s Statement: click for full story Source:Inflated Inflation...
FOMC Statement, Revised for Reality
The Fed’s statement was as close to sarcasm as you might ever expect to hear from that august body. Here’s the full...
Exports versus Consumers in Asia
With everyone sitting around waiting for the FED, here’s an interesting distraction. Today’s infoporn starts with an...
Inflation Watch: FOMC
The Fed finishes the second day of a 2-dayer, and we are widely expecting a "nuthin’ done" at 2:15. Barring some religous...
Joss Stone
English chantreuse Joss Stone blows the roof off of the dump: A live performance off of her upcoming third album, Introducing Joss...
Update: New Home Starts
New Home Starts came out this morning, and they were nothing to get excited about. Here’s the data: Privately-owned housing starts...
New Home Starts
New Housing Starts are due out at 8:30am. We’ve tore these numbers apart enough in the past that it would just be going thru the...
Classical Music: Economics meets the Long Tail
We have in the past, looked at the Long Tail of music and digital media. I have been particularly interested in the impact of pricing on...