Posts filed under “Markets”
Since 1979, Jadav Payeng has been planting hundreds of trees on an Indian island threatened by erosion. In this film, photographer Jitu Kalita traverses Payeng’s home—the largest river island in the world—and reveals the touching story of how this modern-day Johnny Appleseed turned an eroding desert into a wondrous oasis. Funded in part by Kickstarter, “Forest Man” was directed by William Douglas McMaster and won Best Documentary for the American Pavilion Emerging Filmmaker Showcase at the Cannes Film Festival in 2014.
India Man Plants Forest Bigger Than Central Park to Save His Island
See more from the filmmaker.
See more photos of the world’s largest river island.
Succinct Summations week ending December 19th Positives: 1. Standard & Poor’s 500 Index had the biggest daily back-to-back gains since March 2009. 2. Despite last week’s selloff — the biggest in over two years — the S&P 500 is up for the month of December. 3. Industrial production rose 1.3% vs expectations for a 0.7%…Read More
Once again, the markets prove that nobody knows nuthin’. Following a bit of oil-driven turmoil the past few weeks, financial markets took off on Wednesday and Thursday. The Standard & Poor’s 500 Index had the biggest daily back-to-back gains since March 2009. Underinvested fund managers, short-sellers and even long-only, fully invested money managers worried that…Read More
Hindsight is 20-20. This has certainly been the case with that recent New York magazine story about a teenage trading genius who told a reporter that he had amassed a $72 million fortune in the stock market while attending high school. Actually, hindsight emerged pretty quickly as the piece immediately set off a wave of…Read More
Those of you who continue to insist you can even remotely forecast what might happen next continue to reveal incredibly foolish, thoroughly disproved beliefs, despite an overwhelming avalanche of evidence that you haven’t the slightest idea what the fuck is going on now, much less what is going to happen next. Once again, the markets…Read More
In the announcement of US potentially normalizing relations with Cuba, the $33 million dollar closed end fund “Herzfield Caribbean Basin” — stock symbol CUBA — popped 40%: click for ginormous chart Here are its main holdings: So much for those theories that investors are rational and markets are efficient . . ….Read More
Succinct Summations week ending December 12, 2014 Positives: 1. Average gasoline prices fell to $2.60, the lowest levels since 2009, as Crude Oil continues to crash. 2. U.S. retail sales rose 0.6% m/o/m, better then he 0.5% expected rise. 3. Consumer confidence came in at 93.88, which was the biggest beat relative to expectations since…Read More
Fantastic interactive graphic from the whiz kids in the BBRG graphics department — be sure to click through all of the delicious and informative pages of this beastie: America Is Shaking Off Its Addiction To Oil click for interactive infographic Source: Bloomberg
Succinct Summations week ending December 5th Positives: 1. NFP came in at 321k far above 230k expectations. This was the strongest month since January 2012 and the best year of job creation since 1999. 2. S&P 500 and Dow Jones made new all-time highs for the fifth straight week. 3. Crude oil fell to the…Read More