Millennial Disruption Index


Source: Millennial Disruption Index

Category: Digital Media, Economy, Markets

Druckenmiller: Look for Three Market Surprises in 2015

Stan Druckenmiller is betting on the unexpected. With one of the best long-term track records in money management, he is anticipating three surprises: Improving economy in China, Rising oil prices, and no Federal Reserve interest rate increase in 2015.

Stan Druckenmiller: Zero-Interest Rates Unnecessary

Category: Bailouts, Federal Reserve, Investing, Video

10 Friday AM Reads

It was a busy week, but its not over yet as futures warn of downside pressure in equities. Our morning train reads will get you ready: • Fed’s John Williams: Timing of Rate Rise Is Overrated (Upshot) • Big Oil Is About to Lose Control of the Auto Industry (Bloomberg) see also Low Prices Cool Boom in U.S. Oil…Read More

Category: Financial Press

1937 Lagonda LG 45

Source: Classic Driver

Category: Weekend

Please Read This before Betting against Government Bond Betas

Please Read This before Betting against Government Bond Betas J. Benson Durham Liberty Street Economics, April 15, 2015       Mounting evidence says that “low-risk” investing delivers superior returns, comparable to strategies based on value, size, and momentum. Such tactics include the “risk parity” (RP) asset allocation approach, which received considerable attention during the 2013 taper tantrum…Read More

Category: Think Tank

We Know What’s the Matter With Kansas

@TBPInvictus When pushing his tax cuts for Kansas in July 2012, Governor Sam Brownback wrote: “Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy.” Art Laffer and Stephen Moore wrote that “many states like Kansas, Missouri, and Oklahoma are seriously considering abolishing their income taxes…Read More

Category: Current Affairs, Data Analysis, Economy, Politics, Really, really bad calls

State Government Tax Collections Summary Report: 2014

Source: Census

Category: Taxes and Policy, Think Tank

Cheap Oil Winners and Losers

Source: Bloomberg   Based on the state sales tax data that came out today for 2014, I would suggest that is the USA ex Alaska, which is more like Canada than the US when i comes to energy.  

Category: Digital Media, Economy, Energy

Dear Ben: Better Pace Yourself . . .

Dear Ben, If I might be so bold as to assume we can be on a first-name basis, let me be among of the first to say, congrats on the new gig! You have been quite the busy ex-Fed chairman, what with the new job and office at Brookings and a red hot new eponymous blog. Today we learned you entered into…Read More

Category: Federal Reserve, Humor, Philosophy, Weblogs

10 Thursday AM Reads

The long awaited appearance of Spring is in full flower in NYC, with0 warm sunny weather and buds blooming everywhere. Also, morning train reads: • Ben Bernanke Will Work With Hedge Fund Citadel as an Adviser (NYT) • The indomitable benchmarks! (Statistical Ideas) • Fighting the Bubble in Bubbles (BV) see also A Bubble in Bubbles? (April 2005) • The Subtle Tyranny…Read More

Category: Financial Press