Washington State Wage Trends

Category: Think Tank

click for interactive graphic Source: Reuters

Category: Corporate Management, Digital Media, Finance

Imagine you are Federal Reserve Chairman: What Would You Do?

For this morning’s column, I want you to engage in a little thought experiment. Based on the e-mails readers have sent, many of you figure the Dec. 15-16 Federal Open Market Committee meeting is a no-brainer and that the central bank will raise its benchmark interest rate. Well, let’s put that thesis to the test. To do so,…Read More

Category: Federal Reserve, Philosophy

Seattle. Chicago. Los Angeles. Min Wage Lies Travel.

@TBPInvictus here The AEI’s Mark Perry has taken his nonsense - his Lies About Geography and Minimum Wage Tour  – on the road, changing venues from Seattle to Los Angeles. It’s more of the same purposely misleading, intellectually dishonest* dissembling about the minimum wage. Says Perry (emphasis mine): Earlier this year, the city of Los Angeles passed…Read More

Category: Analysts, Current Affairs, Data Analysis, Really, really bad calls, Wages & Income

10 Monday AM Reads

Back from the holidays, 5 pounds heavier, right back in the swing of things with our morning train reads: • Would you let a mystic manage your investment portfolio? (Washington Post) • Another Banner Year for Hindsight Capital (Reformed Broker) • How A Fellow Investor Critiqued This Trader (Stock Charts) see also 10 Investment Commandments (Investing Caffeine) • Owning an asteroid now legal in…Read More

Category: Financial Press

The Atlantic: Black Friday Sales Numbers Are Bunk

  Check out this awesome and well researched discussion of one of my pet peeves.   click for full article Source: The Atlantic  

Category: Consumer Spending, Data Analysis, Media, Retail

Amazon Prime Air

Welcome to the future:   Hat tip: Digits

Category: Consumer Spending, Technology

What’s Different About the Latest Housing Boom?

Category: Real Estate, Think Tank

What Will Human Brains Be Like in 1000 Years?

Dr. David Eagleman journeys into the future and asks what’s next for the human brain, and for our species. He reveals that in the future our descendants may be so different to us that we will be strangers to them.



Click for video
Source: PBS

Category: Cognitive Foibles, Science, Video

A Brief Word to Forecasters: STFU!

    My Sunday Washington Post Business Section column is out. This morning, we look at the annual forecasting foolishness so prevalent in the media. By now, you know the drill: A bunch of analysts make their annual predictions, and of course, they are utterly useless. Here’s an excerpt from the column: “It’s that time…Read More

Category: Analysts, Investing, Really, really bad calls