Be sure to check out “Broke: The New America Dream” by Michael Covel.
I have a brief cameo (while wearing a terrible shirt).
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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November 15th, 2008 at 11:42 am
Bazza, all your shirts are terrible… (kidding, just kidding…)
November 15th, 2008 at 11:54 am
Well, certainly that one, with THAT coat, is a bad pairing.
I forgot I was filming that day, and its what was lying around the office . . .
November 15th, 2008 at 1:38 pm
I really like that guys film… I’ve been checking his site out recently, has some excellent trend following stuff going on, which is something I’m into in my own trading quite a bit. The film clips are entertaining too. Havent read the books yet but will do so after I get through the twenty other books I seem to be reading at the moment.
November 15th, 2008 at 3:51 pm
I’m not sure I got much out of trend following, it seemed like a little too much fluff and zen like quotes. I’d support the outfit if that jacket was corduroy but the blip is too quick to tell.
November 15th, 2008 at 4:59 pm
And what would Michael Covel say is the current “trend” (that should be followed) in the SPX…?