I’ve been travelling, working on two killer projects (one finance related, the other, a deadly research piece on the music industry) — so the weekend link fests have suffered. While its still ugly out, I’ll post a few items for your weekend. These are worth your while:
• Core Prices versus Non Energy Earnings – On the one hand, there’s no inflation, ex-energy. On the other hand,
SPX earnings look good — but only if you include energy. Which is it?
• The California SUV Fill Up Index Here’s what the 15 largest SUVs cost to tank up (brace yourself)
• While everyone is watching the (so-called) Real Estate Bubble, I don’t see many people asking "Is Oil a bubble?"
• I’ve heard several commentators opine that maybe an inverted Yield Curve ain’t so bad. They are wrong.
• When Oil prices and interest rates rise together, they have been a reliable Recession Predictor; Ask yourself if its different this time (and why).
• More on LEIs — the Mis-Leading Economic Indicators
• If you think I’m skeptical about BLS/BEA stats, you should see this guy’s work: Shadow Government Statistics
• Here’s a fascinating idea: The Business Experiment — Its
is an open-source site meant to explore the wisdom of crowds,
business, and the distributed nature of work. Can a group of online
strangers democratically create a business plan, and wiki-like, execute
• Odd thought: Is Real Estate Climbing a Wall of Worry?
• Chris Anderson’s Long Tail asks: “Why are the current generation of music services so dumb?” Compared to IMDB, that is . . .
• A very interesting blog: The Indian Economy
One of the odder aspects of the so-called housing bubble phenomenon is how so many pundits have been so self-confident in their declarations of bubbleosity. I find that somewhat ironic — the same people who missed the largest stock bubble in human history have now become expert in spotting bubbles. And they now are spotting…Read More