Very cool look at recent decades and the fluctuations in public and private debt loads around the globe. Click to see how global economic forces have affected debt-to-GDP ratios Source: Real Time Economics Interactive by Andrew Garcia Phillips, Phil Izzo and Pat Minczeski/The Wall Street Journal
My longer form 3 day weekend reading! Pull up a cup of coffee and get ready to have your mind expanded: • Slaves to the algorithm: Our age elevates the precision-tooled power of the algorithm over flawed human judgment. This may not be such a good thing (aeon) • Facebook, One Year Later: What Really Happened…Read More
Category: Financial Press
Source: MarketWatch The numbers: • 545 horsepower, 3,829 pounds, 196 miles per hour, zero to 60 mph under 3 seconds • 3.8-liter twin-turbo V6 • Six-speed, dual-clutch transaxle • GT-R—heir to the Skyline 2000 GT • Base price of $99,590 for the GT-R Premium. • GT-R Black edition ($109,330 • GT-R bolts to 60…Read More
Hugh Hendry, of Eclectica Asset Management, takes the long view on investing at The Economist’s Buttonwood Gathering on October 25th 2012. He was interviewed by The Economist’s Philip Coggan.
Listen to his comments at the end to regarding uncertainty:
Hugh Hendry: God is dead, China will follow
Buttonwood, November 26, 2012
Great stuff . . .
Succinct Summations for the week ending May 24. Very light data week despite all the noise. Positives: 1. U.S. jobless claims fell 23k to 340k v expectations of 345k. 2. Housing remains a significant tailwind in the U.S. as existing home sales increase 0.6% m/o/m in April to 4.94M units, the highest reading since November…Read More
click for ginormous chart Source: Kimble Charting Awesome chart from Chris Kimble showing the Nikkei going back to 1982 — in particular, the downtrend that began in 1989 and still persists to this day. Chris notes that Declines of 32% to 60% taken place at this level for the past 20 years! One would…Read More
It does not look like the best weather this weekend, so I expect to be around to keep you entertained: • The Smart Money Is Still Bullish (Barron’s) • Notes from the PIMCO Investment Summit with Mohamed El-Erian (The Reformed Broker) Is this the dumb money? • With ‘Abenomics,’ Japan catches a sense of revival…Read More
Category: Financial Press
Since it is a Friday before a 3 day holiday weekend, it is a good time to kick back and think about what the recent market action might (or might not) mean. • Most Day-to-day market action is noise, There is very little signal involved, with the vast majority of commentary simply after-the-fact rationalizations of…Read More