Futures Rally, Oil Falls, on Bin Laden’s Death

Here is a quick roundup on the news of Osama bin Laden killed in a Pakistan firefight by US Special Forces:

-Stocks and U.S. equity-index futures rose;

-the Dollar Index snapped a nine-day slump

-oil dropped the most in two weeks;

-Silver futures plunged as much as 13%

-Oil lost 2.4%

More to come later . . .


click for updated futures

Category: Markets, Trading, War/Defense

Music & Lyrics By Stewie Griffin

Why does this so consistently make me laugh?

Category: Television, Weekend

From Surplus to Debt

Washington Post: “The nation’s unnerving descent into debt began a decade ago with a choice, not a crisis. In January 2001, with the budget balanced and clear sailing ahead, the Congressional Budget Office forecast ever-larger annual surpluses indefinitely. The outlook was so rosy, the CBO said, that Washington would have enough money by the end…Read More

Category: Credit, Digital Media, Politics

Profile of States

Data addicts like me typically don’t care where our next fix comes from, as long as it’s credible.  Most of the time I’m looking for correlations to jobs or incomes, in an effort to see where we might be headed or what we might reasonably do to improve the growth of either (or both).  But…Read More

Category: Data Analysis, Web/Tech

Hat tip Reformed Broker:

Be sure to watch Trump’s non-reaction around the 12 minute mark.

Category: Humor, Politics, Video

Ramachandran on your mind

Vilayanur Ramachandran tells us what brain damage can reveal about the connection between celebral tissue and the mind, using three startling delusions as examples.

Category: Weekend

Uh-Oh: Is Shiller Defending the Failures of Economists?

Was it the hammers or the carpenters? That is the question alluded to this morning by Yale Professor Robert Shiller in the NYT. Shiller is one of my favorite academics working in the field of finance. He tries to (diplomatically) argue we can prevent future crises if only we had better econometric tools. I would…Read More

Category: Bailouts, Derivatives, Psychology, Really, really bad calls

Sell in May………………?

Sell in May………………? David R. Kotok April 30, 2011 www.cumber.com > Sell in May and go away? Is it a cliché or is this the year to obey? First, let me offer a personal thank you to CNBC for the invitation to discuss this issue on Power Lunch with Michael Farr, Sue Herera, and Tyler…Read More

Category: Think Tank, Trading

Global Carbon “Footprint” by Nation

Kinda interesting depiction of the relative size of each nation’s carbon emissions: > > from Stanford Kay Studios hat tip Political Calculations

Category: Digital Media, Energy

ProPublica won the Pulitzer Prize for National Reporting for its series, “The Wall Street Money Machine.” Its lead reporters, Jake Bernstein and Jesse Eisinger, take a moment to explain the series, how it all started and their reaction after reeling in ProPublica’s second Pulitzer. Theirs was  the first Pultizer  awarded to a body of work…Read More

Category: Bailouts, Derivatives, Legal