History of Social Media

Given Google’s pending acquisition of Social Shopping site Groupon, now is as good a time as any to take a look at the history of social media:

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click for ginormous (really ginormous) graphic

Chart by Skloog

Category: Digital Media, Web/Tech

Pending Home Sales show big surprise in Oct

Oct Pending Home Sales were much better than expected, rising 10.4% m/o/m vs the estimated drop of 1%. The gain was led by the Midwest where contract signings rose by 27.3%. They were up 19.6% in the Northeast and 7.1% in the South while the West was down just .4%. This # is certainly a…Read More

Category: MacroNotes

QE2

Category: Federal Reserve, Video

Trichet doesn’t bend to peer pressure

To the dismay of some, ECB Pres Trichet is saying no to peer pressure and is not discussing at all any expansion of their bond purchases and no new funding facilities and the Euro has given up its morning gains in response. They will continue though to offer 7 day, one month and 3 month…Read More

Category: MacroNotes

The Facebook Effect

In an act that is surprisingly websavvy for a major publisher, Simon and Schuster just posted the first 44 pages of The Facebook Effect: The Inside Story of the Company That Is Connecting the World on Scribd. Below > The Facebook Effect by David Kirkpatrick

Category: Books, Digital Media

Initial Claims rise but 4 week avg trending lower

After the very encouraging drop last week in initial claims, they rose by 26k to 436k this week, 12k higher than expected. The 4 week average though did fall to 431k from 437k, the lowest since Aug ’08. Continuing Claims were 70k above forecasts. Extended benefits rose a net 235k after a drop in 262k…Read More

Category: MacroNotes

BAC: Senate Banking Committee Hearing (12/1/2010) vs Conf Call

Manal Mehta, Branch Hill Capital: DONALD BISENIUS, EXECUTIVE VICE PRESIDENT, FREDDIE MAC: “…every day, every month I wait to start that foreclosure process costs, and costs a lot. If you do back of envelope math, as I suggested in my written statement, it’s $30 to $40 a day. If we have 300,000 loans sitting in…Read More

Category: Legal, Think Tank

Look! Up in the sky! It’s a …

Faster than a speeding bullet. More powerful than a locomotive. Able to leap tall buildings in a single bound. Look! Up in the sky! It’s a bird. It’s a plane. It’s a Central Banker! and in them the markets continue to trust to cure all ills or at least make it seem like it. The…Read More

Category: MacroNotes

Virtuous Cycle: Will NFP Lead to More Capex, Hiring?

The employment situation has been gradually improving. Has it reached the point where an upside surprise is possible? Like Housing, Unemployment has been a headwind facing the economy. The script following a major credit crisis typically involves high unemployment, low growth, and delveraging that impacts consumer spending, The post 2007-09 crisis is no different. As…Read More

Category: Employment

Top Economic Forcasters

Here are Bloomberg’s run of Wall Street’s top economic prognosticators. Click to open PDFs • Top Personal Spending Forecasters • Top Unemployment Forecasters • Top GDP Forecasters • Top CPI Forecasters • Top Overall Forecasters Yes, I know that calling someone a top Wall Street’s top economist is like saying they are the skinniest guy…Read More

Category: Analysts