I love this quote:
The Lennon-McCartney of economics bloggers, Calculated Risk and The Big Picture, each bring pithy, cut-to-the-chase commentary to bear on the details of the housing plan that have come to light.
I just want to know who’s John and who’s Paul . . .
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. ~Jesse Livermore
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
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February 24th, 2009 at 1:21 pm
If you have to ask, you are Paul.
February 24th, 2009 at 1:23 pm
Grr. I like ASCII smileys. I don’t like smiley pictures. : – (
February 24th, 2009 at 1:24 pm
Maybe you’d better hope you’re both Paul. Yoko wore some sharp spurs.
Mr. Ritholtz, forgive me but I would note that the future utility of this blog to your personal, professional and financial goals hinges on how you manage the effects of growing celebrity.
That is to say, don’t become a pothead like McCartney. And stay away from the Horse, Kojack isn’t here to save you anymore.
~~~
BR: The blog is going to be in the future what it has been in the past — a place for me to vent my spleen, figure out what I think, and accumulate articles charts I want to revisit in the future.
Don’t worry about the “growing celebrity” — I can never get too egotistical, as Mrs. Big Picture slaps me back to reality at the first sign of arrogance. Her stinging rebukes make Kudlow look like a girl scout . . .
February 24th, 2009 at 1:25 pm
My question would be this:
Who is Ringo?
February 24th, 2009 at 1:34 pm
CNBCSucks is Cher. But in a good way. When she was on her first final tour. The good wigs. And stuff.
February 24th, 2009 at 1:34 pm
The hell with you, Republican Ritholtz. (I like calling you that even more than “Barry the Commie”.) At first, I thought someone called you the Lemon-McSomething of economic bloggers. Well, I am the Larry Flynt of economic bloggers. I wouldn’t call myself The Great CNBC Sucks if I weren’t.
On that note, I go back to the ether. Good luck, everyone.
February 24th, 2009 at 1:35 pm
You are the walrus.
February 24th, 2009 at 1:40 pm
Any idea what caused that little spike about 20 min ago? A new plan to develop a plan to be discussed tonight?
February 24th, 2009 at 1:48 pm
“Her stinging rebukes make Kudlow look like a girl scout . . .”
Well, I, for one, won’t be telling her that. Faint praise, and all that. Kudlow Is a girl scout.
(:
February 24th, 2009 at 2:02 pm
I am more curious to know who they call the Lenin-McCarthy of the economics blogosphere!
February 24th, 2009 at 2:03 pm
I’m surprised I haven’t heard any ‘Fool on the Hill’ quips. Capitol, that is.
I’m just glad I have both blogs, and others, coming at me from across the universe.
Don’t let Michael Jackson buy the rights to the material, though.
February 24th, 2009 at 2:17 pm
Yeah, Mr. Ritholtz of course I’m mostly commenting tongue in cheek I wasn’t expecting to see you in a flash suit cuddling a chihuahua and hanging out with Mickey Rourke. None of which I recommend…
February 24th, 2009 at 2:23 pm
Paul’s a dead man…
February 24th, 2009 at 2:23 pm
OK…but nobody beat the Zeps…still haven’t IMO..
…I’m just sayin’….
February 24th, 2009 at 2:29 pm
From an earlier post one saturday a.m. before cafe. http://www.housingcrisis.com/finance/blogmania/
Here’s your answer. I know, i should get a day job. Oh, I have one.
February 24th, 2009 at 2:36 pm
Well I think you’re both John, since both of you have a sharp social and cultural consciousness. Keep it up!
February 24th, 2009 at 2:41 pm
Mish is Stuart Sutcliffe
February 24th, 2009 at 2:44 pm
I’ve always played this blog backwards.
February 24th, 2009 at 2:54 pm
Who is Ringo?
February 24th, 2009 at 2:54 pm
The walrus and Lenin (from The Big Lebowski, and somewhat apropos our current economic fandango and the commentary here at TBP):
__________
DUDE: It’s all a goddamn fake. Like Lenin said, look for the person who will benefit. And you will, uh, you know, you’ll, uh, you know what I’m trying to say–
DONNY: I am the Walrus.
WALTER: That fucking bitch!
DUDE: Yeah.
DONNY: I am the Walrus.
WALTER: Shut the fuck up, Donny! V.I. Lenin! Vladimir Ilyich Ulyanov!
DONNY: What the fuck is he talking about?
WALTER: That’s fucking exactly what happened,Dude! That makes me fucking SICK!
DUDE: Yeah, well, what do you care, Walter?
DONNY: Yeah Dude, why is Walter so pissed off?
WALTER: Those rich fucks! This whole fucking thing– I did not watch my buddies die face down in the muck so that this fucking strumpet–
______
Sorry.
February 24th, 2009 at 2:57 pm
Hee-hee-hee, Ha-ha-ha, Ho-ho-ho
February 24th, 2009 at 3:03 pm
http://doomisnigh.blogspot.com/2009/02/aigs-distress-are-there-enough-fingers.html
If you not read the time story about AIG If the first paragraph to be down right scary.
“Management at AIG has calculated exactly how much money the Treasury and Fed will have access to after all of the TARP, financial stimulus, and mortgage bailout projects have been funded. The insurance company then plans to ask for whatever is left to fund its deficits so that it can stay in business, effectively making the federal government insolvent. “
February 24th, 2009 at 3:29 pm
I would take that sort of compliment anyday, tho’ I’d prefer maybe Plant and Page, thus revealing a disposition to the harder classics.
Not sure how many here have access to “futures” on the SP500, but down from 873 on 2/9, short term traders should be able to see a very clear downtrend channel. At 773 we’re tickling the top of the downtrend channel. This is the short of bounce I thot we might see when I suggested bullishness on the Euro/Bearishness on the DX yday.
Short term traders playing for this bounce should consider trimming here…Aggressive shorts should consider putting on shorts here in front of the Obama speech…
Shorts wouldn’t want to see Cash S&P trade above 780.
Play at your own risk.
February 24th, 2009 at 3:33 pm
Have you seen the bigger piggies
In their starched white shirts
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in.
In their styes with all their backing
They don’t care what goes on around
In their eyes there’s something lacking
What they need’s a damn good whacking.
February 24th, 2009 at 3:45 pm
So Barry,
When you sit down to blog each day, do you say to yourself:
“Now, let’s write a swimming pool.”
http://www.persistenceunlimited.com/2006/08/the-beatles-money-making-secret/
HCF
February 24th, 2009 at 3:46 pm
@M.A…
That was excellent. I recently introduced my 14 year-old son to The Big Lebowski (yeah, I’m a real piece of work as a parent). Now every time he says something stupid (which is often–he is fourteen), and his Mom’s not around, I look at him and say “Shut the Fuck up Donny!” and that sends him rolling.
We may be getting poorer, but dammit, we’ve still got the Coen Brothers.
And who would want to be Lennon/McCartney? How ’bout Richards/Jagger? BR’d have to be Jagger–he’s the only one being interviewed by the “lively” Tish Regan.
February 24th, 2009 at 3:53 pm
Curmudgeon:
My son is 13 – we watched it a couple of months ago – nothing there he hasn’t picked up in school, if I remember 13 correctly. Our boys should have great senses of humor.
February 24th, 2009 at 3:55 pm
“Our boys should have great senses of humor.”
And like I tell him…chicks dig guys that make them laugh.
February 24th, 2009 at 3:56 pm
Clearly you are the good looking one.
February 24th, 2009 at 3:59 pm
rtt
February 24th, 2009 at 4:28 pm
One of the all time best movies- that an “Office Space”- mmmyeah. . .
February 24th, 2009 at 4:42 pm
John? Paul? You are Ray Manzarek’s cousin.
February 24th, 2009 at 4:47 pm
Yves Smith at naked capitalism is Joni Mitchell.
February 24th, 2009 at 5:36 pm
It seems to me that Yoko is missing from this picture. She’s the one with the business smarts.
February 24th, 2009 at 5:41 pm
Calculated Risk is Paul, the nice guy with a moderate tone.
The Big Picture is John, outspoken and brash at times (and smart, too).
Jim Cramer is Ringo, always hitting something with gusto.
Floyd Norris is George? (The quiet type.)
February 24th, 2009 at 5:45 pm
quiddity
yes?
February 24th, 2009 at 7:06 pm
I told you: I dont roll on Shabbos
February 24th, 2009 at 9:10 pm
AT- So glad to see your input, as always
February 25th, 2009 at 7:46 am
Imagine no possession, I wonder if you can….
cookooo-ca-tchooo.
Dow three thousand.