How to Become a Bank


Source: Bloomberg

Category: Corporate Management, Credit, Digital Media, Finance

101 Best Wineries in America

# 101 Trione Vineyards and Winery, Geyserville, Calif. # 100 Dolin Malibu Estate Vineyard, Malibu, Calif. # 99 Hope Family Wines, Paso Robles, Calif. # 98 Ste. Chapelle Winery, Caldwell, Idaho # 97 Broc Cellars, Berkeley, Calif. # 96 Cornerstone Cellars, Yountville, Calif. # 95 Gruet Winery, Albuquerque, New Mexico # 94 MacPhaill Family Wines,…Read More

Category: Food and Drink

Trump Is The New Hit Single

The biggest story of the year is the failure of Re/code to go it alone. With the number one tech reporter on board, and a plethora of backup, it turned out no one cared, that the “Wall Street Journal” was the brand, and no one had the time, interest or inclination to go elsewhere. This…Read More

Category: Politics, Think Tank

Donald Trump Says “China”


Source: Huffington Post

Read More

Category: Humor, Politics, Video

MiB: Pimco’s Paul McCulley

This week we speak with Paul McCulley, former chief economist at PIMCO, and often mentioned potential FOMC candidate. McCulley worked closely with Bill Gross for many years, and was brought back to PIMCO after Mohamed El Erian stepped down. Even if you are unfamiliar with McCulley, you probably know with his work. He coined such well known phrases as “Shadow…Read More

Category: Markets

10 Weekend Reads

Saturday arrives, and just in time. Pour yourself a tall mug of Two Volcanoes coffee, and settle in for our longer form weekend reads: • Unreliable Experts: Getting in the way of outstanding performance (What Works On Wall Street) • 31 million men, 12,000 women: Almost None of the Women in the Ashley Madison Database Ever Used the Site (Gizmodo)…Read More

Category: Financial Press

Hurricane Katrina 10th Anniversary

FFF: Hurricane Katrina 10th Anniversary: Aug. 29, 2015 CENSUS, July 29, 2015 Release Number: CB15-FF.16 JULY 29, 2015 — Hurricane Katrina is the costliest U.S. hurricane on record, and the deadliest to strike our nation since 1928. After initially making U.S. landfall on Aug. 25, 2005, in South Florida as a Category 1, it moved into…Read More

Category: Politics, Really, really bad calls, Science

Bruce Springsteen: Acoustic Born to Run

Great version of Born to Run on it 40th anniversary.

 

Read More

Category: Friday Night Jazz, Video, Weekend

Succinct Summations of Week’s Events 8.28.15

Succinct summations of events for week ending August 28, 2015 Positive: 1) After a wicked sell off, markets recover nearly all of their losses for the past week, now up slightly (tho still below mid-august levels). 2) 2Q real GDP growth was revised upwards to 3.7% (Q/Q SAAR) in the second release, a substantial improvement over…Read More

Category: Markets

What If They Threw a Panic and No One Came?

Source: Bianco Research     “Its enough to give a long-term investor some hope for the future of finance.”   Here’s a bit of role reversal for you: Mom and Pop were content to ride out the market’s volatility this past month, more or less sitting tight. Meanwhile, the pros were driven to the point…Read More

Category: ETFs, Investing, Psychology, Sentiment