October 12, 2008
I have an idea: Let's do a sentiment-check contest. How many times between 7am EST and 7pm EST on CNBC tomorrow will we hear the word "bottom" uttered? (We can't include me, as I'm on CNBC at 11am EST tomorrow....
I have more thoughtful posts queued up for later tonight, but for now let's do a quick spin through Asian markets and the U.S. pre-market futures. In short, the ever-solipsistic markets are (mostly) digging all the political happy-talk and...
The Deposit Trust & Clearing Corporation folks do some weekend working debunking myths about credit default swaps (or, as I like to call them, rodents of unusual size). Among other things, the DTCC says that net Lehman-related CDS fund transfers...
Here is a sneak peek at some links from my weekly Weekend Reading column over at TheStreet.com: European union to guarantee interbank lending (Marketwatch) The new age of frugality (BusinessWeek) MBA finance students keep their job hopes alive (NYTimes) What...
Economist Newsweek BusinessWeek ...
My friend Nassim "The Black Swan" Taleb lets loose about economists, forecasting, risk and the financial crisis while on a U.K. TV program....
