Another Not-Quite-a Linkfest

20080703183733_3Another Not-Quite-a Linkfest, filled with random holiday weekend linkage . . .

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INVESTING & TRADING

The Bear is Back (Barron’s) but see also Barron’s: Back in the Pool

How to stop the next bubble (Prospect)

Markets calling Bernanke’s bluff (Reuters)   

The aughts are well on their way to being the worst decade for stocks since 1930-40 The return on the S&P 500 was negative for the decade that ended on June 30. (Marketbeat)

Lessons to be learnt from the financial crisis (FT)

• Just Who Are the Pervasive Pollyannas of Prosperity?

Stock Market Performance: Nowhere to Hide (Investment Postcards)  See also Returns Show Just How Tough the Going Has Been Lately

China to tighten capital controls in clampdown on ‘hot money’ (FT)

Defending the Maginot Line (MacroMan)

Why Does -20% = Bear Market? (TBP)

Straight-talk on FAS 157: Blackstone and their Banker Buddies Have it Wrong (Information Arbitrage)

50 Things Being Blamed on Rising Oil Prices (Buzzwatch)

European Banks May Need EU90 Billion, Goldman Says (Bloomberg) 

Who is Right: Professionals or the Populace ? (TBP)

• Michael Lewis: Rules to Keep Your Skin in Wall Street Massacre (Bloomberg)   

How Lehman lost its way  (CNN/Money) see also Lehman’s Hedge-Fund Deals Leave Public in Dark  (Bloomberg) 

Lehman Brothers hits our $20 Price Target (Fusion)

Twenty-Five Reasons We Remain Cautious (Atlantic Advisors)   

• Smackdown: Footnoted vs Seeking Alpha (Footnoted)

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ECONOMY

States Going From Bad to Worse (Real Time Economics) 

Persons "Marginally Attached to the Labor Force" +B/D  (TBP)

The Economy? Words Fail Me (Washington Post)
(The video, Economic Anxiety Disorder is hysterical) 

Economists React: ‘Consistent Picture of Weakness’ on Jobs (Real Time Economics)
See also Number of Those Unemployed For at Least 6 Months Rises (WSJ)

U.S. Energy Consumption as Percent of GDP (Calculated RIsk) see also Stay-at-Home Grillers on July 4th Still Pay More (Bloomberg) 

U.S. Auto Sales Plunge to 10-Year Lows (Posterous)

British household debt is highest in history (Telegraph)   

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FEDERAL RESERVE

The Shrinking Influence of the US Federal Reserve (Spiegel)

Are Trichet’s Rate Hikes 1930 All Over Again? (Naked Capitalism)

Treasury Bear Market to Worsen Under Bernanke’s Fed (Bloomberg) 

ECB President, Jean-Claude Trichet, says inflation could ‘explode’ (London Times)   

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HOUSING

Housing market seen getting worse (Reuters)

Should Congress Let Home Prices Fall ? (TBP)

L.A Foreclosures Quadruple, Miami Doubles, Corporate Bankruptcies Soar (Global Economic Analysis)

•  Overdue Home-Equity Credit Lines Rise Most Since 1987 (Bloomberg)   

Housing Industry Ramps Up Political Donations (WSJ) 

Analyst sees ‘ghost town’ in Inland Empire  (LA Times)

Loan Delinquencies Increase; Trend Likely to Continue (Real Time Economics)

UK House prices won’t recover until 2015, ex-MPC expert warns  (Telegraph) 

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MEDIA/POLITICS/ENERGY/WAR

Capitol Words:
Capitol Words are determined by capturing the full text of the House,
Senate and Extension of Remarks sections of the Congressional Record
for every day, then running a query to calculate the most commonly used
words for a given day.

•  How the Rich Would Fare Under Obama, McCain  (Wealth Report)  see also McCain Allies Find Finance-Law Holes (WSJ)

For Republicans, the Senate outlook is bad   (LA Times)

American Energy Policy, Asleep at the Spigot (NYT)

What China’s Stock Market Implosion Means For Oil   (Traders Narrative)

Mandela taken off US terror list (BBC) 

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TECHNOLOGY & SCIENCE

Recessions are Good for Google, Yahoo and Wikipedia  (Infectious Greed)

Assuring Scarcity / Fear of Abundance (Frankston)

Wind: The Power. The Promise. The Business (BusinessWeek)

AMAZING AIR CAR

Tracking Air Fares: Elaborate Algorithms Predict Ticket Prices (Wired)

Hologram Google Earth  (G Earth Blog)

From Microsoft comes VISTA — the most torturous computing experience ever devised. (Video) 

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MUSIC FILM BOOKS FUN

What you need is a little Fourth of July FUNK

Book Review: Confessions of a Subprime Lender   

• This weekend, we saw WALL-E which was very very good, with amazing visuals (93 at metacritic) and Hancock — which could have been a great action comedy, but instead chose to be a pretty good flick with a few laughs thrown in (49 at metacritic).  "Intriguing enough that you wish it were better."

Summer Grilling: Mr. Weber, Meet Mr. Brinkmann

Ultimate Water Gun: Battlemodo Royale (Gizmodo) 

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Got a comment, suggestion, link idea? Or do you just have something on your mind? The linkfest loves to get email!  If you’ve got something to say, send email to thebigpicture [AT] optonline [DOT] net.

Category: Financial Press

The Bear is Back, Part II

Category: Data Analysis, Markets, Trading

Barron’s Trader Column Quote

Category: Media

Federal Lands in the US

Category: Economy, Politics

Barron’s: Back in the Pool

Category: Contrary Indicators, Financial Press, Markets, Psychology

Barron’s: The Bear’s Back

Category: Markets, Psychology, Trading

Friday Night Jazz Fourth of July Funk

Category: Digital Media, Music

Nathan’s Hot Dog Eating Contest Chart Porn

Category: Data Analysis

Persons “Marginally Attached to the Labor Force” +B/D

Early last month, we suggested that it would be more instructive if the media began reporting U3 and U6 Unemployment together. (Unemployment Reporting: A Modest Proposal (U3 + U6) Northern Trust’s Asha Bangalore appears to have been thinking along the same lines, for her NFP post-mortem includes the following: Household Survey – The BLS also…Read More

Category: Data Analysis, Economy, Employment, Psychology

Persons “Marginally Attached to the Labor Force”

Early last month, we suggested that it would be more instructive if the media began reporting U3 and U6 Unemployment together. (Unemployment Reporting: A Modest Proposal (U3 + U6) Northern Trust’s Asha Bangalore appears to have been thinking along the same lines, for her NFP post-mortem includes the following: Household Survey – The BLS also…Read More

Category: Data Analysis, Economy, Employment, Psychology