Read it Here First II: The Productivity Paradox
Stephen S. Roach, chief economist for Morgan Stanley, has an op-ed in Sunday’s N.Y. Times: The Productivity Paradox. If that title...
Rookies manning the terminals!
Hope you had a Happy Turkey day; While I’m off in Chicago stuffing myself, I thought you might like to see what today looks like...
A touching holiday tale
Be sure to check out our charming holiday tale, the “Mensa Society Rejects,” over at Essays and Effluvia.
Corporate Death Penalty
The first corporate casualty — as in death — appeared in the expanding mutual fund scandal. It was reported yesterday that...
Is the Fed playing a game of chicken?
I don’t know if they are, but CNN/Money seems to think so: “With stronger-than-expected numbers coming in almost daily and...
GDP Is Revised Up
Company Profits Soared By 30% In 3rd Quarter: “The economic recovery has picked up momentum, boosting the bottom lines of a wide...
Holiday Discounts
One last follow up to the “Will they or won’t they” discount discussion: * French Connection (FCUK) 30% off December...
Congress cuts S.E.C. budget
“Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself:” Despite the ever widening...
Catalyst Week!
With two consecutive down weeks behind us, and a long holiday weekend ahead, the market will be seeking fresh catalysts to drive the...
Chart of the Week: Day Before/After Holidays
The periods around certain holidays have some historical seasonality worth paying attention to: In particular, Thanksgiving, Christmas...