FTR
By Barry Ritholtz - November 22nd, 2008, 8:00PM
Recess Is On: Enjoy your Saturday night
(Warning: Video is rated “R” with a few F bombs)
Hat tip: The Stock Speculator
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Macro Notes
US$ rally continuesPeter Boockvar
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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November 22nd, 2008 at 8:22 pm
loved it! not sure what the subliminal message was but it left me smiling (and was generous with my favorite, unspoken word!)
November 22nd, 2008 at 10:09 pm
A few F bombs. LOL
November 22nd, 2008 at 10:42 pm
Thanks for the hat tip! Nice Saturday night surprise seeing my little blog on your site. Thanks again.
November 22nd, 2008 at 10:47 pm
The Stock Speculator is a gold mine! Seek it out, you’ll find one nugget after the other, here’s another big one:
http://thestockspeculatorsays.blogspot.com/2008/11/i-love-coffee.html
November 22nd, 2008 at 11:07 pm
Karen, you didn’t leave an email otherwise I would have sent this privately, but thank you for the compliment.
November 23rd, 2008 at 12:33 am
I didn’t know ravers commented on economics. Now, I know!
November 23rd, 2008 at 12:42 am
Maybe “FTR attitude” is all the last 4 years really were? Nice site TS, like Karen said, some real nuggets there.