October 17, 2008
Okay, there is a second research piece worth pointing to after this long, strange week (month/year/etc.). Here it is, and be sure to read past the title. It's magnificently nutty & interesting stuff. Noblesse Oblige? Determinants of Survival in a...
This paper has been making the rounds, so after a tough week let's call it the research paper of the week. The gist: Given current economic conditions, we can expect heavier, older playmates going forward, with larger waist-to-hip ratios. All...
A quick survey of merger arb spreads, which have been coming down a little since short-selling has been allowed back. Still some big numbers out there, mostly reflecting nervousness about credit markets and financing. Note: I screened on deals announced...
Lots of people noticing today that for various technical reasons, U.S. 30-year fixed mortgage rates are back to levels last seen when Freddie/Fannie were nationalized. But that said, and as the following figures shows, all the bleating about high rates...
