Posts filed under “Financial Press”
That worked out well yesterday with the focused daily linkfest.
Once again, 10 links:
• Wall Street Analysts Keep Telling Big Earnings Lie At a time when the financial industry’s credibility is at an all-time low, you would think Wall Street’s finest would break their necks providing transparency. Not so. Stock analysts continue to promote corporate earnings lies, insisting that net income isn’t really what investors need to know. (Bloomberg)
• Economic crisis, and a crisis for economics (UK Telegraph)
• Will Everyone Please Shut Up About Goldman Sachs? (thebigmoney)
• Chicago Battle Royale: Behavioral Economist and Nobel winner Richard Thaler responds to nonsense from Richard Posner, the nation’s pre-eminent Market Deifying Judge.
• 7 Ways to (Finally) Fix Housing Not that I agree with most of these, but they are at least thought provoking (Pethokoukis/Political Risk)
• Flaws in the Case Shiller Methodology (Advisor Perspectives)
• Notes on a real estate trip in China (China Financial Markets)
• This is an instant classic: YOU SUCK AT CRAIGSLIST
Thats 10 — anything else capture your eye?
I keep getting carried away with the daily clickage/linkfest. Today, its only 10 links for Wednesday: • Foreclosures Are Often In Lenders’ Best Interest Government initiatives to stem the country’s mounting foreclosures are hampered because banks and other lenders in many cases have more financial incentive to let borrowers lose their homes than to work…Read More
Tuesday clickage — quite a few items from around the web: • Michael Lewis amusingly opines: Bashing Goldman Sachs Is Simply a Game for Fools Its important to remember, the vampire squid doesn’t feed on human flesh. (Bloomberg) Related to the above: We Fear What We Don’t Understand (Kid Dynamite’s World) • The Great Recession:…Read More
Monday linkage — some things from off the beaten path: • Jeremy Grantham calls markets at a Boring Fair Price!, and he is Waiting for Markets to be Silly Again; Since early March, the market has had the type of strong speculative rally that often follows extreme declines. • After calling for a generational bottom…Read More
A helluva week in the market — The Dow is over 9,000, and the earnings are just fantastic (well, maybe they are better than lowered expectations) and things are looking, well if not up, then at least not down into the abyss. REITs were the big winner, up 8.3% for the week (still off some…Read More
Category: Financial Press
Barron’s Alan Abelson discusses the lack of media skepticism when reporting most economic data these days. (Memo to media: A little skepticism, please.) As an example, he channels Mark Hanson, who makes one of our favorite arguments about housing seasonality. Excerpt: “Take the big play given to the 3.6% rise in sales of existing homes…Read More
Friday linkage — something for everyone, bull and bear alike: • The Charade Of Quarterly “Earnings Surprises” (Business Insider) • What Can China Get For Its $2 Trillion? (Real Time Economics) • Simon Johnson says “Fix the economy? Curb corporate America (Salon) • America’s Disappearing Millionaires (Newsweek • Turf War Over Financial Oversight Plays Out…Read More
Category: Financial Press
I have been discussing back and forth with Dennis Kneale the war he seems to have found himself with the bloggers. As was pointed out last night by Bill in SF, some viewers are less than enthralled with Dennis’ channel. Here’s one such viewer’s take on the cable channel: > click for larger graphic photomontage…Read More
Should financial media be held accountable for their failure to have warned the public of the current economic downturn? What steps are being taken to avoid this happening in the future?
A panel of leading financial reporters assess the global crisis and discuss the ‘perfect storm’ of events that led to it. Aspiring journalists will hear how to avoid the perils and pitfalls of the profession, and media observers can decide for themselves if the media is to blame.
With Charles Gasparino, on-air editor, CNBC; Farnoosh Torabi, correspondent, TheStreet.com TV; Liz Claman, anchor, Fox Business Network; and Alan Murray, deputy managing editor, The Wall Street Journal; executive editor, Journal Online, and WSJ Television.
Moderated by Jeff Bercovici, Blogger, “Mixed Media,” Portfolio.com.