Pimco’s Bill Gross on Stocks, Bonds, Greek Crisis

Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., talks about investing in equities versus bonds and the Greek debt crisis. Gross speaks with Tom Keene and Ken Prewitt on Bloomberg Radio’s “Surveillance.”

June 21 (Bloomberg)

Category: Video

Afternoon Reads

Here are the latest additions to my Instapaper for the ride home: • Dow 20,000 next? It’s Pure Speculative Hype (Market Watch) • Bloomberg TV Takes on CNBC, Pushes for a Wider Audience (NY Times) • Stock Market Chart of the Day: Socialism vs. Cowboy Capitalism (Columbia Review) • How the Fed Could Set Off…Read More

Category: Financial Press

The Who, Why, and How of Twitter

Tweeter infographic shows at-a-glance what the Twitter ecoystem has become since it launched in 2006.”

Category: Digital Media, Technology, Web/Tech

Existing Home Sales Fall Again (May 2011)

The National Association of Realtors reported that Existing-home sales fell 3.8% to a seasonally adjusted annual rate of 4.81 million in May from a downwardly revised 5.00 million in April. This is off 15.3% from May 2010 when sales were running at a 5.68 million pace. The national median existing-home price for all housing types…Read More

Category: Real Estate

When’s the last time housing prices were this low?

click for larger graphic Source:Mint Life June 16, 2011

Category: Markets, Real Estate

Clarence Clemons Tribute Playlist

In honor of Clarence Clemons, who sadly passed away this weekend, we’ve compiled this tribute playlist featuring a few songs from every concert in the Vault on which the Big Man appears. Besides a number of sets with Bruce Springsteen and the E-Street Band from between 1973 and 1988, that also includes performances with his…Read More

Category: Music, Weekend

A Few Short Decades Undercut 150 Years of Legal Reforms

Renowned Economist: “In a Few Short Decades the West Undercut 150 Years of Legal Reforms that Made the Global Economy Possible” ~~~ I’ve repeatedly demonstrated that fraud caused the Great Depression and the current economic crisis, and that the economy cannot stabilize until the rule of law is restored, criminal fraud on Wall Street is…Read More

Category: Legal, Real Estate, Think Tank

Tuesday Reads

Some interesting reads for your reading pleasure: • Bruce Bartlett: Are Taxes High or Low? A Further Look (Economix) • Around the world in 25 megabanks (FT) • The biggest market you’ve never heard of (Gigaom) • Voters Want Obama to Put Winning the Present First: Albert Hunt (Bloomberg) • All Work and No Pay:…Read More

Category: Financial Press

Apple Store Dance

Do the Apple Store Dance with Trevor Moran 6/14/2011 10:30:33 PM
When Trevor Moran walks into his local Apple store in Temecula, Calif., the 12-year-old isn’t there to shop. He’s there to dance – and then post it online. And he’s not the only one. WSJ’s Yukari Iwatani Kane reports on the Apple Store Dance phenom.

Category: Technology, Video

Existing home sales about in line

May Existing Home Sales at 4.81mm annualized were about in line with expectations and down from a revised 5mm in April (5.05mm initial report). It’s the lowest sales volume since Nov with both single family and condo/co-op sales falling. Even though the absolute number of homes for sale fell by 39k, the sluggish sales pace…Read More

Category: MacroNotes