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Category Archives: Uncategorized
Quote of the Day: The True Economist
The bad economist pursues a small present good, which will be followed by a great evil to come, while the true economist pursues a great good to come, at the risk of a small present evil. – Frédéric Bastiat, circa … Continue reading
Posted in Uncategorized
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Twitter Goes to War
Wow! Times they are a-changin’! The Egyptians used Facebook to topple their Pharaoh and now the Israeli’s commence their offensive against Hamas using Twitter. What would King David think? Slate reports. At 9:29 Eastern this morning, the Israeli Defense Force … Continue reading
Posted in Uncategorized
2 Comments
Beware the Dandruff
As in Head and Shoulders and the long-term technical pattern that is being hammered out in the NYSE index. We stumbled across this chart over at Bikini Analytics via SocialTrade. We like how they premise the chart. Major Technical Principal: … Continue reading
Quote for a New Administration
Time to go bold, Mr. President. “But why, some say, the moon? Why choose this as our goal? . . . Why climb the highest mountain? Why, 35 years ago, fly the Atlantic? . . . We choose to go to the moon in … Continue reading
Apple – Three Time’s the Charm
Apple $15 plus bounce today comes after a triple test of the $623-625 level. The stock seems to like the triple test of support as it similarly did after the July sell-off. The stock, in our opinion, still needs some … Continue reading
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Nobel Prize in Economics
Alvin E. Roth and Lloyd S. Shapley shared the 2012 Nobel Prize in Economic Sciences for their work on matching supply and demand for everything from single men and women to organ donors and their recipients… Shapley, 89, designed theoretical … Continue reading
Posted in Economics, General Interest, Uncategorized
Tagged Alvin E. Roth, Economics, Lloyd S. Shapley, Nobel Prize
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Back to Wartime Debt Levels
The IMF’s World Economic Outlook is out with some great charts and we post one of them right here. Last week the Fund’s managing director, Christine Lagarde, issued a chilling warning on the global debt overhang, Ms Lagrde had earlier … Continue reading
Posted in Sovereign Debt, Sovereign Risk, Uncategorized
Tagged Christine Lagarde, Debt Overhang, IMF, Wartime Debt Levels
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Quote of the Day: Game Change?
10:29 pm. How is Obama’s closing statement so fucking sad, confused, and lame? He choked. He lost. He may even have lost the election tonight. –Andrew Sullivan
Weekend At the Movies: Lincoln
Wow! This looks good. Steven Spielberg directs Daniel Day-Lewis as President Abraham Lincoln and Sally Field as Mary Todd. To be released in November. (click here if video is not observable)
Posted in General Interest, Politics, Uncategorized, Video
Tagged Daniel Day-Lewis, Lincoln, Sally Field, Steven Spielberg
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Are the Droids Taking Our Jobs? MUST VIEW!
We really hope Fed Chairman Bernanke sees this Ted Talk by Andrew McAfee, a management research scientist at MIT’s Sloan School of Management. QE∞ will not rollback the technological forces that are shaping the global labor market and risks … Continue reading
