My 10,000 Post
By Barry Ritholtz - July 21st, 2009, 10:10AM
Wow, how is that for insane?
This is post # 10,001.
Who woulda thunked it?
Macro Notes
We don’t want your help because maybe we don’t need itPeter Boockvar
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
read more »
The Big Picture is proudly powered by
WordPress
Entries (RSS) and Comments (RSS).
© Copyright Ginormous Content Limited 2010. All Rights Reserved.
Entries (RSS) and Comments (RSS).
© Copyright Ginormous Content Limited 2010. All Rights Reserved.
July 21st, 2009 at 10:13 am
Congrats Barry!
Keep up the good work!
HCF
July 21st, 2009 at 10:17 am
Best posts on the Web.
Keep it up Barry
July 21st, 2009 at 10:20 am
Congratulations Barry. We are 10,000% better off because of it.
July 21st, 2009 at 10:22 am
Congrats! Really enjoy your daily work as well as your book. : )
July 21st, 2009 at 10:22 am
Get a life dude.
Kidding! Really enjoy your blog, keep them coming.
July 21st, 2009 at 10:23 am
Thank you!
And congratulations.
July 21st, 2009 at 10:32 am
10,000? And the Dow will probably be there any day now. Go figure!! Congrats BR!! Keep up the awesome work.
July 21st, 2009 at 10:39 am
You are the light in the darkness.
July 21st, 2009 at 10:42 am
Fewer Posts y mais Molheres danzando Samba! We need more gyrations and less markets!
Thank you Barry for the blog. It has been an excellent resource and entertainment.
July 21st, 2009 at 10:46 am
Thanks BR. Can’t wait for 10,002!
July 21st, 2009 at 10:52 am
Good Going, BR~
“May your Fiber, and your ‘competitors’, be well-doped”
http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=fiber+optic+dopants
http://www.thefreedictionary.com/doped
July 21st, 2009 at 11:07 am
You know you’re just pissing off that person who complained about too many posts the other day, don’tcha?
This thread’s just begging to be highjacked.
July 21st, 2009 at 11:27 am
Congratulations Barry – keep up the good work. Must also say thanks to all the regular posters here, user comments are as much of a reason to come here as the posts themselves.
July 21st, 2009 at 11:32 am
Congratulations Barry, your site is great not just because you do not require that people have a facebook account before you allow them to comment (like CNN just did) but because you content is so much better than what is delivered by any of those so-called journalists.
July 21st, 2009 at 11:38 am
In the spirit of high jacking threads….
Does anyone else’s stomach turn when Bernanke cites the rising stock market as a sign that everything is getting better…it’s almost like he considers it one of his duties to make sure that stocks are rising.
July 21st, 2009 at 11:46 am
AndyT – yes it does. At least Greenspan made a small effort to give the illusion that he was concerned about the stock market getting up there (irrational exuberance)
July 21st, 2009 at 11:48 am
Thanks for sharing your insight Barry. Looking forward to the next 10k.
Loving the book. I laughed, I cried…
July 21st, 2009 at 11:52 am
Andy
Yes, my stomach churns too. Indeed a rising market has a powerful psychological effect on the masses, doesn’t it? Even in the face of clear evidence of it’s failings as a barometer of economic health and as a reliable sign of future happenings. And I’m never quite sure if people like Bernanke really believe it or not. Or if he’s just willing to use it for his own agenda. And I’m not sure which bothers me more.
July 21st, 2009 at 11:55 am
Well, congrats Barry, but times are tough…retail sales (Redbook) down again strong today…even those at the top are trying to get the maximum out of their clothing dollar…..
http://www.sacbee.com/838/story/2042644.html
WASHINGTON — President Barack Obama acknowledges “I’m a little frumpy,” and says he’s not worried about it.
Asked in an NBC “Today” show interview about the well-worn bluejeans he wore to the pitcher’s mound to throw out the first pitch in last week’s major league baseball All-Star game, Obama said, “I hate to shop.”
…the man is saving money for his retirement…(look at the picture)…we should all follow his example..I too, have some 10 year old blue jeans that look just like these…
July 21st, 2009 at 12:03 pm
“Does anyone else’s stomach turn when Bernanke cites the rising stock market as a sign that everything is getting better”
Yeah, but it’s nothing compared to how unaffordably high housing costs are considered the salvation…
Btw, Andy, thanks for your response about deflation last week on that less-visited thread. Just wanted to let you know that I read and appreciated it!
July 21st, 2009 at 12:04 pm
Wow! That is a lot of work. Especially at a nickle per.
You have given a whole new meaning to the phrase ‘going postal’
Keep at it there BR. We’re lappin’ it up
July 21st, 2009 at 12:07 pm
Interesting contrast versus the “get out there and shop” President. The hoops player vs. the cheerleader.
July 21st, 2009 at 12:14 pm
Yeah, but you won’t last much longer unless you start learning from our financial CEO’s, who have found out how to have the people pay for anything they did wrong. You have to generally become a useless talking head, call false bottoms and recommend loser investments and just generally demonstrate you are not doing anything to have value-add, then beg money from the government to support your blog. Only then can you be successful.
July 21st, 2009 at 12:55 pm
Barry,
We do enjoy your blog…it is a shame it may not get to continue..
http://vincentgioiasblog.blogspot.com/
Controlling the Internet
“The recent Obama intended appointment of Cass Sunstein, a Harvard Law professor, to the position of head of the White House Office of Information and Regulatory Affairs is the next nail in the coffin of the First Amendment. In this position Sunstein will have powers that are unprecedented and very far reaching; not merely mind-boggling but with explicit ability to use the courts to stifle free speech if it opposes Obama policies. In particular, Sunstein thinks that the bloggers have been “rampaging out of control” and that “new laws need to be written” to contain them. Advance copies of Sunstein’s new book, “On Rumors: How Falsehoods Spread, Why We Believe Them, What Can Be Done,” have gone out to reviewers ahead of its September publication date, but considering the new position to which Sunstein is about to be appointed, the powers with which Sunstein will be endowed are very, very, troubling.”
Of course this is written by a man with a singular point of view..there is credence to the old saying, however, that where there is smoke, there is fire…if Sunstein is anything like this, this would be very troubling…
July 21st, 2009 at 1:08 pm
Speaking of 1’s with zeroes after them: My profound “thanks” to you, Barry, for highlighting the MCO issue a few days back. Took a spec position in August puts the same day as your note. In terms of the current ask, am now up 100% in four biz days.
BTW, fractal analytics confirmed the buy-puts ’spec’ decision the same day, and two of the last three days did as well. Today’s the follow-through. Looks like much more to come.
Muito obrigado…!
July 21st, 2009 at 1:16 pm
My God you are old! Congratulations. Still one of the best blogs out there.
July 21st, 2009 at 1:43 pm
That just about says it all
These are just experiments: =) ) ^)
July 21st, 2009 at 3:58 pm
That means that this is the 10,001 st post that I’ve read!
Who’da thunk it?
July 21st, 2009 at 4:27 pm
That’s a lotta candles. The carbon tax is gonna be sumptin’ fierce.
July 21st, 2009 at 5:06 pm
…so I guess now would be a good time to go back .618 and do a FIBO retrace to your 3,820th post…
Just to see where we’ve come, and if it holds that level, then we know this blog is sustainable…:-)
Seriously BR…congrats!
July 21st, 2009 at 5:30 pm
@ CV
TYP
http://www.ritholtz.com/blog/2009/07/total-bailout-cost-237-trillion-dollars/comment-page-1/#comment-195871
July 22nd, 2009 at 4:44 am
Congratulations, and many thanks, Barry. Your blog has been an excellent education, and I look forward to the next 10,000 posts and more. Kudos also to the excellent community of commenters on your site. Wonderful community they make.
Best to all in these uncertain times.