Grapevine Fires
Its a long holiday weekend, and the crowd is off to where ever they are going. For those of you left behind — or arriving where...
Market Monopoly
A bonus Friday afternoon guest post via Macro Man — a portfolio manager at a London-based hedge fund, he trades global currencies,...
Civilian Unemployment & Recessions
The year on year rate of change of the official civilian unemployment rate is the measure, and when this passes 15, then every time it...
Intrade VEEP Forecast: Win One, Lose One (but BIG!)
We all know that Intrade Political Futures got the Joe Biden pick right last week — how well did it do with the GOP pick? As it...
Obama Acceptance Speech Word Cloud
I love the way Wordle visually depicts the essence of a long written work — like like last night’s acceptance speech —...
Fundamentals of Residential Real Estate Market Bottoms
Today’s guest post comes from David J. Merkel, CFA, FSA. David is Chief Economist and Director of Research of Finacorp Securities....
SEC Proposal: Abandon US Accounting Rules
What this country really needs is less tranparency in earnings reports, and more wiggle room for corporate reporting: click for video...
Incredible Statistic: Mutual Fund Performance
Wow: “Out of almost 2,100 diversified retail U.S. stock mutual funds that are open to new investors, just 17 have positive returns...
Is GDP (via BEA) Measuring Growth or Inflation?
We noted earlier today that the Bureau of Economic Analysis reported revised Q2 GDP data at a better-than-expected annualized 3.3%. As...
Goldman Sachs’ Jan Hatzius: Don’t Be Fooled by...
This whole week, I’ve been out of the office, and of course, each data release is I didn’t get a chance to review in real...