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Weekend Linkfest!

Posted By Barry Ritholtz On October 16, 2005 @ 6:00 pm In Economy,Financial Press,Weblogs | Comments Disabled

Good morning, and welcome to the monkey house [1]. Now that the deluge has stopped, we can put away our umbrellas and turn to the key topics of the day. Leading off the hit parade is inflation:

Look Ma, No Inflation! [2] was my sarcastic take on the nonsensical core rate (this one seemed to resonate in the MSM).   

• Barron’s Alan Abelson calls the Core CPI perspective "Spin." [3]  (No Barrons sub? You an see the relevant excerpt here [4])

• Before the CPI data came out, I explained why Inflation is here and the Core CPI is nonsense [5] in  this Forbes’ Video. (I also managed to snap some photos of Malcomb S. Forbes’ motorcycle!)

• John Mauldin excellent smackdown on the absurd way CPI calculates Housing data in Smoothing Out Inflation [6]. If utility costs go up, the CPI believes your renters equivalent is therefore going down — Energy inflation perversely lowers housing costs. 

• While I completely disagree with James Altucher’s take, his column "Don’t Sweat Inflation Worries [7]" does as good a job as any explaining the no inflation view. (He’s wrong, but its a good column nonetheless).

But its not all inflation — other items were worth exploring:

• For how many quarters have we heard that "Big Caps are about to outperform?"  Barron’s Mike Santoli [8] clarifies that canard. (No Barrons sub, go here [9]).

• The Apprenticed Investor column is back, and this week’s entry generated a lot of mail: Write This Down [10] helps answer the question "What was I thinking when I bought that pig?"

• Slate’s Dan Gross asks "Who will fill the Fed chairman’s shoes?" [11]

• RM’s Columnist Conversation had a robust debate on TA versus Fundamentals, and I weighed in here: Fundies Blow Delphi Call [12]. Quite frankly, if a tool works for you [13], than you should use it.

• Each week the CARNIVAL OF THE CAPITALISTS [14] has 20 or so posts on various economic, business and market related topics. Its a good way to discover new voices on these subjects.

• The Insolvency Epidemic [15] has been gaining momentum. Friday was supposed to be the Day of Last Resort [16] — but its been extended thru the weekend.

• Last week, I did something I almost never do: I read not one but two WSJ Op/Eds: I was shocked; Not only were they factually inaccurate and poorly researched (See Get A Clue [17]) — they were ginormous MONEYLOSERS [18]. My advice to investors: Read the WSJ, but stay far far away from the Op Eds.
• Lastly, I came across this rather expensive tome — The Psychology of Technical Analysis [19] — If anyone has any feedback on it, please share it with me.

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/10/weekend-linkfest-6/

URLs in this post:

[1] welcome to the monkey house: http://www.amazon.com/exec/obidos/ASIN/0385333501/thebigpictu09-20

[2] Look Ma, No Inflation!: http://bigpicture.typepad.com/comments/2005/10/cpi_i_cannot_st.html

[3] Core CPI perspective "Spin.": http://online.barrons.com/article/SB112933337205269411.html

[4] relevant excerpt here: http://bigpicture.typepad.com/comments/2005/10/inflation_spin.html

[5] Inflation is here and the Core CPI is nonsense: http://bigpicture.typepad.com/comments/2005/10/inflation_energ.html

[6] Smoothing Out Inflation: http://www.frontlinethoughts.com/article.asp?id=mwo101405

[7] Don’t Sweat Inflation Worries: http://www.thestreet.com/p/rmoney/jamesaltucher/10247424.html

[8] Barron’s Mike Santoli: http://online.barrons.com/article/SB112872607867163261.html

[9] go here: http://bigpicture.typepad.com/comments/2005/10/still_waiting_f.html

[10] Write This Down: http://www.thestreet.com/_rms/comment/barryritholtz/10246290.html

[11] "Who will fill the Fed chairman’s shoes?": http://www.slate.com/id/2127984/

[12] Fundies Blow Delphi Call: http://bigpicture.typepad.com/comments/2005/10/fundies_blew_de.html

[13] tool works for you: http://bigpicture.typepad.com/comments/2005/10/technical_tools.html

[14] CARNIVAL OF THE CAPITALISTS: http://www.elhide.com/solo/cotc.htm

[15] Insolvency Epidemic: http://bigpicture.typepad.com/comments/2005/10/insolvency_epid_3.html

[16] Day of Last Resort: http://bigpicture.typepad.com/comments/2005/10/a_day_of_last_r.html

[17] Get A Clue: http://bigpicture.typepad.com/comments/2005/10/wtf_wsj_oped.html

[18] MONEYLOSERS: http://bigpicture.typepad.com/comments/2005/10/wsj_oped_more_b.html

[19] The Psychology of Technical Analysis: http://www.amazon.com/exec/obidos/ASIN/1557385432/thebigpictu09-20/002-7662709-8330461

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