Monthly Archives: September 2018

The Feast Of Big Tech

Big Oil and banks market cap leadership have been eaten by Tech companies. pic.twitter.com/0N7LidrQaO — Richard Greco (@RichardGreco) September 19, 2018

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Salary Needed To Purchase Average Home By State

Salary needed to afford average home price in each state: pic.twitter.com/r5O1sPsidP — Ninja Economics (@NinjaEconomics) September 17, 2018

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What Drives The Trade Deficit?

It’s the national savings-investment imbalance, Stupid! It is explained clearly by the following national income identity, which we have posted several times over the years. (S-I) + (T-G) = Current Account Balance (Foreign Savings)  (S-I) is the ‘private savings balance’ … Continue reading

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Double Yikes!!!

I keep hearing the chorus from cheerleaders the market is, “cheap, cheap, cheap,” S&P 500 Price-to-Sales Ratio Highest Since https://t.co/m0tkceVXJD Bubble https://t.co/YrdNDGQ1MS pic.twitter.com/XU1q2ZLz5V — Anthony Sanders (@AnthonyBSanders) September 17, 2018  

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QOTD: Complex Adaptive Financial System

….the financial system is complex and hard to understand. It was, in fact, at least partly the growing complexity of the system that got us into such a mess in the first place. – Catherine Rampell, Washington Post

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Long-Term Treasury: 4 Percent Or Bust

Great chart from Charlie B.   He asked 3.5 or 2.5 percent? We say beeline to 4 percent, when the rate breaks 3.13 percent, and quicker than the market believes. It’s been 10 years since Lehman,  nominal GDP is growing close … Continue reading

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Asian markets versus other developing economies – FT

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Distorted Inflation Data & Dynamic Pricing

Just bought Bob Woodward’s new book for a birthday gift from Amazon yesterday for $18.00.  I tried to buy another one this morning and was quoted a price of  $19.32 per book.   That’s Venezuela-esque inflation, folks.  Works out to … Continue reading

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Dalio on Turkey, Argentina, and the Next Economic Downturn

Sep.12 — Ray Dalio, co-chairman and founder at Bridgewater Associates, examines the crises is Turkey and Argentina and explains his expectations for the next economic downturn. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Daybreak: Americas.”

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Week In Review – September 14

Summary Decent week for risk Nice action in Euro periphery and most EMs Tighter U.S. credit spreads Commentary:   Not much this week.  Markets reflecting strong U.S. economy.  It’s a mug’s game trying to predict short-term stock moves (frickin’ futile), especially … Continue reading

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