The time that ends up on your smartphone—and that synchronizes GPS, military operations, financial transactions, and internet communications—originates in a set of atomic clocks on the grounds of the U.S. Naval Observatory. Dr. Demetrios Matsakis, Chief Scientist for USNO’s Time Services, gives a tour.
My afternoon train reading: • What’s good for American corporations isn’t necessarily good for Americans (Quartz) see also Musk’s $5 Billion Tesla Gigafactory May Start Bidding War (Bloomberg) • Options investors are bracing for more wild swings in the coming weeks. (WSJ) • Here Are The Top 10 Emerging Technologies For 2014 (Business Insider) see also How to…Read More
Category: Financial Press
Source: Elliot-today Earlier this week, we discussed the amount of laughter in FOMC meetings as a sign that the Fed was not fully cognizant of the coming financial storm. Today’s chart adds another component to this, overlaying Fed laughs with Case Shiller residential real estate price index, via Elliot-today. Perhaps the best way…Read More
Good morning, some reads for your Thursday pleasure: • Five Tech Stocks, $400 Billion Cash (YCharts) • 10 Value Investing Blogs To Follow (Wall Street Survivor) but see Momentum As The Only Reliable Market Anomaly (Climateer Investing) • Morgan Stanley Underwrites TSLA Convertible Offering Day After 100% Stock Price Upgrade (Zero Hedge) • What Will Bernanke Title His…Read More
Equity futures are under pressure this morning as concerns about a shadow-banking credit crunch in China increase. A Chinese credit-market risk gauge is hitting new highs amid growing concerns that leverage and credit risk have reached unsustainable levels. Observers are comparing this to the widening in the Ted spread — a measure of risk in…Read More
Source: The Chart Store Today I am going to make a somewhat nuanced argument about the dangers of indicators and metrics for valuing stocks. Let’s use arguably the greatest investor of all time, Warren Buffett, and what he describes as, “probably the best single measure of where valuations stand at any given moment.”…Read More