San Diego County Fires Its High-Priced, Leveraged,...
Last August, we called out the San Diego County retirement fund for paying way too much in fees to Salient Partners, its outside...
Here Comes the Debt Ceiling Debate
Fascinating discussion via Real Time Economics: click for ginormous graphic Source: WSJ
What China Can Learn from America’s Plunge Protection Team
A Plunge Protection Team for China’s Markets? China may do no better at propping up markets than the U.S. Bloomberg, July 13, 2015....
China “Embraces” the Markets
Fantastic cover from this week’s Economist; I think we have different definitions of “embrace” . . . ...
Gold Can’t Find a Bid
This was the week Greece inched closest to chaos, as a bank holiday and a technical default caused markets around the world to erupt in...
The Trouble with Macro
Markets around the world start the week bracing for trouble as Greece spirals further into crisis. Can the country avoid a full-blown...
Shifting the Goalposts in Seattle Minimum Wage Debate
@TBPInvictus here It’s been a few months since the first increase in the Seattle minimum wage (see here for the schedule of bump...
Are Mutual Fund Managers Skilled?
Jonathan Berk turns the efficient market hypothesis, which popularized the belief that mutual fund managers were “monkey...
Red State, Blue State: Kansas & Washington
@TBPInvictus here. We have interesting experiments going on in the state of Kansas and the city of Seattle. Herewith a brief update on...
The NY Post’s Financial Innumeracy
@TBPInvictus here: The New York Post ran a piece on Netflix (NFLX), written by Claire Atkinson, that was, to put it charitably,...