Posts filed under “Web/Tech”

No, Those Are Not Millions of Unsold Cars Rusting Away

This week, an e-mail landed in my inbox with the header “Unsold Cars.”

Above is just a few of the thousands upon thousands of unsold cars at Sheerness, United Kingdom. Please do see this on Google Maps….type in Sheerness, United Kingdom. Look to the west coast, below River Thames next to River Medway. Left of A249, Brielle Way.

Normally, I would have deleted the e-mail without a second thought. But several things about it warranted further notice.

The first were aerial photos of thousands of cars. Wow, this really was a lot of cars.

The second was the phrase “Timestamp: Friday, May 16th, 2014,” which suggests that these photos were brand new.

What struck me was how familiar it all looked. Maybe that was because I posted those same photos on The Big Picture blog and Business Insider in February 2009.

Continues here

Category: Consumer Spending, Data Analysis, Really, really bad calls, Web/Tech

Very cool way to track public transit in real time

Source: Travic     Continues here

Category: Digital Media, Travel, Web/Tech

Alibaba: The _____ of China

All the Western companies you’d have to combine to get something like Alibaba:   click for larger graphic Source: Quartz   Alibaba filed for its IPO last night, and as you can see below, it is more than merely the “Amazon of China.” If you want to know why the dollars involved are so large, …Read More

Category: Digital Media, Economy, IPOs, Valuation, Web/Tech

What Happens When You Tell The Whole Internet Your Password

From On the Media:

Category: Video, Web/Tech

Tweets of the Week: 5.2.14

Employment Situation No Dilemma at all The Fed's dilemma: - Employment is growing - Unemployment falling. But they worrying about this 'cos of effects on wages, WHICH WERE FLAT. — Justin Wolfers (@JustinWolfers) May 2, 2014   Hey Joe, how do you really feel? JOBS REPORT DEMOLISHES EXPECTATIONS, UNEMPLOYMENT RATE TUMBLES TO 6.3% http://t.co/JN4NEh8rKj — Joseph Weisenthal (@TheStalwart)…Read More

Category: Markets, Web/Tech

Tweets of the Week 4.25.14

Markets/Investing Uncle Never Right 13 years ago this month, Greenspan speech worried over imminent extinguishing of debt held by public http://t.co/aeiuZlwLrs — Daniel Gross (@grossdm) April 14, 2014 Wow. Apple's market cap gain today > Yahoo's total market cap. — Eddy Elfenbein (@EddyElfenbein) April 24, 2014 Apple Split? What was the top? 1. Facebook – Whatsapp 2….Read More

Category: Digital Media, Web/Tech

Tweets of the Week 4.11.14

Here are my favorite tweets of the week:   Markets and the Economy Nasdaq has fallen 8 percent after a huge 245 percent run-up:   Investors seeking value:   Misleading interest rate memes:   Bears are pounding their chests:     Continues here

Category: Web/Tech

Tweets of the Week 4.4.14

The weekend is almost here. These are the best tweets I saw this week (More here):   So devious! Rigged market explodes higher, nefariously pumping up Main Street’s 401(k) balances. — Downtown Josh Brown (@ReformedBroker) April 1, 2014   Your weekly QE Limerick: Markets today are a bore Printing means markets just soar I’m falling…Read More

Category: Markets, Web/Tech

Tweets of the Week Ending 3.28.14

Here are some of my favorite tweets from the week:   Markets & Finance   What the Fed sees:   In 2016 Fed sees: Unemployment 5.4%* GDP 3% Fed Funds Target 2.1%** *Lower than 50 yr average **Fed Funds should be 4% in normal economy — Lawrence McDonald (@Convertbond) March 24, 2014   Initial offering not exactly fit for a King?…Read More

Category: Markets, Web/Tech

Tweets of the Week: The Fed, Some Charts and a Dinosaur

Here are some of my favorite tweets from the week:   The Fed: Hawkish? Hardly! Spelled with an “I.” What would a FOMC meeting be without a limerick? My own contribution to the FOMC noise. Markets Reasons to sell since March 2009. Spot what’s wrong with this chart.     Continues here

Category: Markets, Web/Tech