Author Archives: macromon

Tweet of the Day: Dancing on Dmitry’s Grave

Ouch! That must have hurt. Remember the war between Honduras and El Salvador that, in part, started over a World Cup qualifier?   The “Football War” or “100 Hour War.” Feel bad for Russian player, Mario Fernandes,  who missed the … Continue reading

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QOTD: On Bullshitting

Bullshitting is defined by philosopher Harry Frankfurt as “communicating with little to no concern for evidence or truth” –  ‘What a Bunch of Bull: The Art and Science of BS,’  Psychology Today (QOTD = Quote of the Day)

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THE WORLD THIS WEEK – France24

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Tweet of the Day: Double Yikes!

Unqualified term “war”?   Tell us it ain’t so, Ray Dalio! Remember the Great War with Japan started with trade tensions in response to the country’s agression in Manchuria, among other regions, Tokyo and Washington negotiated for months leading up … Continue reading

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James Simons of Renaissance Technologies

Must view. Follow it up by reading this Bloomberg piece: Billionaire Mathematician James Simons Flopped the First Time He Invested James Harris Simons has been described as “the world’s smartest billionaire”, amassing a fortune through the clever use of mathematics … Continue reading

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The Types Of Intelligence

Hat Tip:  @JordanEtem Also see,  The Nine different types of intelligence    

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Swan Lake – July 5

Dull.  Boring markets. Fireworks start tomorrow with the first shots are fired in the trade war.  The Trump administration has painted itself into a corner and the only way out is a unilateral capitulation on his part. EM Forget about.  … Continue reading

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Japan’s Aging Population And Long-Term Growth

Today’s FOMC minutes release illustrates labor shortages are global in the advanced economies (AE). Contacts in several Districts reported difficulties finding qualified workers, and, in some cases, firms were coping with labor shortages by increasing salaries and benefits in order … Continue reading

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Tech gadgets caught up in US-China trade dispute – FT

Looming US import tariffs on some of the hottest gadgets among younger consumers, from vaporisers to electric scooters and ‘smart home’ devices, threaten to drive up prices ► Subscribe to FT.com here: http://bit.ly/2GakujT

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Happy Birthday, America!

Wow, 242 years young! We’ve got some problems as we backslide into tribalism and trust in some of our institutions has diminished, but we will get through this. The Melting Pot Spent last night drinking too many beers with an … Continue reading

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