Morning Stuff
Your economy has been stuck in the mud for 20 yr’s, your central bank has had rates near zero for 15 years and has printed enormous...
Understanding Context: The Housing Boom & Bust
Over at Economix, Harvard economics professor Ed Glaeser looks at the ultra-low interest rates of the aughts, and does not find them to...
LouisCK Videos: Poker Game, Vasectomy
Louis CK Poker scene from episode 2 of LOUIE: Faggot ~~~ The Joy Behar Show: Louis C.K.: I just had a vasectomy ~~~ Louie on FX, Starring...
Louie: Best New Show on TV
> I have been dying to talk about a show starring one of my favorite comedians: Louie C K. His new FX comedy show is just called...
Tuesday Reads
My inbox is getting clogged with some quite interesting reads. Here are the best of them: • The ‘Great Recession’ Earns Its...
Are Stocks Too Expensive ?
> Bloomberg’s chart of the day looks at the S&P500 valuation, based on a price/earnings ratio compiled by Yale University...
Jack Johnson Photos from MSG Show
A few weeks ago, I mentioned I took Mrs. BP to the Jack Johnson concert at Madison Square Garden for her B-day (concert was July 14,...
S&P500: 50% Crash Retracement
> I was speaking to our head trader earlier this week, and he pointed out that for the 5th time since the market bottomed, we have hit...
The home buying hangover spills into another month
After dropping a whopping 30% m/o/m in May after the expiration of the tax credit, Pending Home Sales unexpectedly fell by 2.6% in June...
David Stockman on Kudlow
The debate over the expiring Bush tax cuts is heating up in Washington, with David Stockman, former Reagan budget director. Mon. Aug. 2...