September 4, 2008
A few quick things to empty out my brain: A mind-blowing SocGen report is making the rounds that says an "economy and equity market meltdown imminent". While SocGen's strat team are always apocalyptic, this one is particularly spooky -- and...
Am I the only one irritated by the fawning treatment given Pimco's Bill Gross and his commentary today? His implicit threat of a bond buyer's strike -- he wants the Fed to get off its ass and backstop Freddie/Fannie --...
When wildfires burn a landscape, it's not all bad. It cleans out underbrush, helping the next generation of plants and trees emerge. Wildfire is also required by some plants to propagate, like various species of chaparral, whose seed pods only...
I keep coming back to a comment from Mark Cuban in the weekend Washington Post. When asked, among a host of others, what book he would recommend to people trying to make sense of the current financial/economic turmoil, amidst a...
I said, pressure drop Oh pressure, oh yeah Pressures gonna drop on you -- "Pressure Drop", Toots & the Maytals (1969) Not to get all weather-y again, but I was fairly gobsmacked by some data out of Hurricane...