The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media

Comments

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.

16 Responses to “Thursday (Not Snowing!) Reads”

1. anonymous Says:
   January 13th, 2011 at 4:50 pm

   I’m not even going to bother to read that FT article on
   Food Price Shocks- because I am assured time and again that there
   is no inflation . . .

2. swag Says:
   January 13th, 2011 at 4:54 pm

   Chris Christie trashes NJ bond issue with some idiotic public remarks –

   http://www.bloomberg.com/news/2011-01-13/new-jersey-slashes-bond-sale-51-after-christie-s-bankrupt-comments.html

3. Arequipa01 Says:
   January 13th, 2011 at 5:14 pm

   DOJ’s Top National Security Prosecutor Headed To Private Sector

   http://tpmmuckraker.talkingpointsmemo.com/2011/01/david_kris_dojs_top_national_security_prosecutor_headed_to_private_sector.php

   Look at the pumpkin on this guy! Where are they cooking up these tootsie pops? Under the Denver Airport?

4. Arequipa01 Says:
   January 13th, 2011 at 5:18 pm

   20,000 Sacrificed In Annual Blood Offering To Corporate America

   http://www.theonion.com/articles/20000-sacrificed-in-annual-blood-offering-to-corpo,18542/

   This one is a real hoot.

5. Arequipa01 Says:
   January 13th, 2011 at 5:33 pm

   I read this article (http://www.irvinehousingblog.com/blog/comments/land-use-regulation-assists-the-formation-of-housing-bubbles/#more) in counterpoint to the piece on foreclosure. The author made some interesting points about how some construct a data context to forward what turns out to be an untenable thesis. Some kewl charts and graphs.

6. machinehead Says:
   January 13th, 2011 at 5:49 pm

   Stock markets getting shaky in Asia on inflation fears? Investor riots in Bangladesh, food riots in Tunisia, as some commodity price indexes rise to record highs, and Brent crude approaches $100/barrel?

   Look out … these are late-phase phenomena. Late EXPANSION phase, to be explicit. This is the way markets look just before they crack up along with the underlying economies.

   You have been warned.

7. willid3 Says:
   January 13th, 2011 at 6:17 pm

   real answers from real people

   http://people-press.org/reports/questionnaires/677.pdf

   makes you wonder

8. willid3 Says:
   January 13th, 2011 at 6:22 pm

   workers are doomed!
   http://delong.typepad.com/sdj/2011/01/the-end-of-procyclical-labor-productivity.html#comments

9. willid3 Says:
   January 13th, 2011 at 6:25 pm

   GS size is an asset
   http://baselinescenario.com/2011/01/13/goldman-sachs-we-consider-our-size-an-asset-that-we-try-hard-to-preserve/

   to them any way

10. willid3 Says:
    January 13th, 2011 at 6:31 pm

    ghost in the machine? or its to big for even computers to know?

    http://www.npr.org/2011/01/13/132629284/how-high-frequency-trading-is-changing-wall-street?ft=1&f=1006
    http://blogs.reuters.com/felix-salmon/2011/01/13/algorithmic-trading-and-market-structure-tail-risks/

11. b_thunder Says:
    January 13th, 2011 at 6:32 pm

    If you think Tymmy’s Treasury has done everything to funnel the taxpayers’ money to the MegaBanking Cartel, they’ve just found yet another, most ingenious way to take a few bucks from the poorest slice of the population:
    tax refund on debit card, that will carry $4.95 monthly fee and will cost $2.50 for out-of-network ATM use. One would think The US Treasury could negotiate (or impose) better terms upon the banks… but hey, those poor folks have no idea that every month they’ll be losing money!

    http://www.npr.org/templates/story/story.php?storyId=132903036

    And if G*d forbid they’d like to save the refund for a “rainy day” or open an IRA, or pay down credit card debt – hell NO! Timmy says we’re a country of spenders and borrowers. Gotta spend, spend spend.

12. willid3 Says:
    January 13th, 2011 at 7:00 pm

    must feel sorry for the helpless…penniless bankers
    http://www.independent.co.uk/opinion/commentators/mark-steel/mark-steel-we-owe-it-to-bankers-to-feel-their-pain-2182016.html

13. Mark E Hoffer Says:
    January 13th, 2011 at 7:22 pm

    http://www.gallup.com/poll/145562/Consumer-Spending-Down-Sharply-Early-January.aspx

    b_thunder,

    if you think the IRS-deal is sweet, know that they’re, heavily, into ‘Administrating’, various ‘Welfare’ Programs, as well..

    see To access your TANF / SNAP EBT Card account information:
    http://www.ebtaccount.jpmorgan.com

    To access your Child Support Debit Card account information:
    http://www.myaccount.chase.com
    https://dwss.nv.gov/index.php

    for starters..

14. boveri Says:
    January 13th, 2011 at 8:35 pm

    That article on confidence didn’t have one original thought. I wonder why Barry liked it?

15. rktbrkr Says:
    January 14th, 2011 at 6:44 am

    Apres moi le deluge

    banks resume paying dividends thanks to accruing phantom income on 1.4T of non-performing mortgages. Stay tuned for the next mega-bank mega bailout, “‘unimaginable’ conditions force us to seek temporary assistance which, we are confident, will not cost the taxpayer”

    Remember when banks were conservative & prudent? When did that end, as recently as Regan? Now they’re just lead car in the roller coaster

    http://www.nytimes.com/2011/01/14/business/14dividend.html?nl=todaysheadlines&emc=tha2

16. mathman Says:
    January 14th, 2011 at 6:47 am

    Explanation of price v energy:

    http://questioneverything.typepad.com/