July 17, 2008
Pakistan is busily putting down riots at its stock exchange. After leading the world over the past decade, soaring by almost a factor of 10, it has dropped 35% since April, and traded down 15 of the last 18 days....
My friend, columnist Joe Nocera at the NY Times is newly blogging. Unsurprisingly, the blog is bruising, funny and irreverent. Good reading, and a fun complement to his Times columns. Check it here....
by Guest Author: Tim Sykes--------------------------------------------------In true contrarian style, it's great when analysts downgrade stocks due to problems stemming from the credit crunch (smart) but only after they've fallen 80% (not so smart). Like Wachovia downgrading AIG yesterday?!?!?! [via Yahoo!...
All the previously broken SE Asian currencies have now all flipped and are running ahead of the U.S. dollar. Only the Vietnamese Dong and the Indian Rupee are still down over the last few weeks against the dollar. Mean reversion...
This from my friends at Terapeak shows some interesting post-iPhone 3G trends in the used iPhone market. The used market is crumbling for iPhone 1.0 for some reason spiked around the iPhone 2.0 launch, and is now trailing off. Interesting,...
This isn't me. I'm not here right now. So, I see that we have had a barrage of wacky subprime news, and couldn't bear not commenting. Wells Fargo, the company that dominates the California market where broken mortgages are only...
