Posts filed under “Finance”

UK Emergency Budget

Information is Beautiful has this tasty chartporn depicting the UK emergency budget:

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click for larger graphic

via The Guardian

Category: Digital Media, Finance

Personal Bankruptcy in America

Giant graphic of information, courtesy of Billshrink: click for ginormous graphic

Category: Economy, Finance

The (F)utility of GDP?

Interesting argument here by Richard Posner on the (f)utility of GDP. Money shot: “But it is necessary to emphasize that it [GDP] is just a starting point. I disagree with economists who say the “recession” ended in the third quarter. The depression (as I think we should call it if only because of its enormous…Read More

Category: Data Analysis, Economy, Finance

Austrian bank collapse furthers fears of contagion

The Austrian government has nationalized the insolvent bank Hypo Group Alpe Adria (HGAA). The financial institution, which has 40 billion Euros in assets, is the country’s sixth largest bank. But, in relative terms, this is a very large bankruptcy – using GDP at purchasing power parity, an American HGAA would have assets of $2.5 trillion,…Read More

Category: Bailouts, Currency, Finance

The Greatest Deception in the History of Finance

What is the greatest deception in the history of finance?  Depending upon your perspective, some entities and events of deception that come to mind might include corporate accounting scandals, rogue traders, Ponzi schemes, and various entities and events related to the financial crises (market bubbles) throughout history. “The greatest hazard of all, losing one’s self,…Read More

Category: Finance, Psychology

New York vs Singapore vs London: Best Financial Center?

Fascinating stuff: “New York has withstood the worst economic crisis in seven decades and remains the leading global financial center, followed by Singapore, which topped London as investors’ preferred place for doing business, according to Bloomberg Global Poll. Twenty-nine percent of respondents in the quarterly poll of investors, traders and analysts who subscribe to the…Read More

Category: Finance

Afternoon Reading

A few interesting reads for your Tuesday: • Goldman Sachs: U.S. Stocks Primed for Takeovers (Bloomberg) • Climbing the Golden Wall of Worry (Barron’s) • Zen Lessons in Market Analysis (Hussman) • Home rescue plan delaying, not solving crisis (Reuters) • End the war on drugs, start the legalization (Marketwatch) • The Years of Magical…Read More

Category: Finance, Financial Press, Markets

StockTwits and the Power of Social Leverage

“The Human Ticker”

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Source:
“The Human Ticker”: StockTwits and the Power of Social Leverage
Aaron Task
Aug 26, 2009 04:13pm
http://finance.yahoo.com/tech-ticker/article/311907/”The-Human-Ticker”-StockTwits-and-the-Power-of-Social-Leverage

Category: Finance, Technology, Video

Professionals Are Buying The Stock Market Rally. Are You?

My quote:

“This is a trading rally not a multi-year rally,” he says. Eventually something’s got to give: “We’ve never had six-month period before where we’ve lost two million jobs and the market’s gained 50%,” he says. “That’s simply unprecedented.”

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Source:
Professionals Are Buying The Stock Market Rally. Are You?
Peter Gorenstein
Yahoo Tech Ticker, August 21, 2009 08:00am EDT

http://bit.ly/4ak0hM

Category: Finance, Video

Falling Imports versus Falling Exports (GDP = -2.38%)

I noted earlier that the oddity of imports versus exports calculation would produce a positive contribution to GDP. Let’s look at the details of this, and find a way to understand what this means. First, off conceptualize the difference between what imports and exports are. At the most basic level, Imports represent our consumption of…Read More

Category: Data Analysis, Economy, Finance