October 21, 2008
U.S. Treasury Secretary Henry Paulson was on Charlie Rose tonight....
Wal-mart is like the Bureau of Economic Analyst of retail: It has all the data you wish you had about what's going on in the economy, plus more -- and it has it all in realtime. With that in mind,...
A tag cloud of the most common words spoken on CNBC today. [Created with Wordle]...
A quick reminder that we have two days of must-see credit crisis TV coming up on C-Span: Credit Rating Agencies and the Financial Crisis Committee on Oversight and Government Reform Wednesday, October 22, 2008, 10:00 AM at 2154 Rayburn House...
The OECD has out a new report on widening income gaps worldwide. The general view is that this will continue to widen as the economy weakens, but what will it look like on the other side of the current weakness?...
Sheila Blair at U.S. deposit insurer FDIC was a guest late last week on Charlie Rose:...
Some quick links to items of interest: 25 years ago: A farewell to the meter (arXiv) Top ten financial services advertisers in September 2008 (MarketingCharts) What's valuable now that we have no money? (McTeer) Zimbabwe needs some saving (Bloomberg)...
There is no stopping the CDS crackup chatter. While credit default swaps could do with a great deal more transparency, one data point we all need to deal with is the non-world-ending consequences of the Lehman bankruptcy. Today is...
Some unsurprisingly dire comments from Marc "Gloom, Boom and Doom" Faber on CNBC just now: On Asian demand bailing the U.S. out ... ASIA IS THE PRODUCER FOR THE UNITED STATES, AND IT IS ALSO THE REGION THAT HAS VERY...
John Mauldin has a useful slide of the cuts to analyst S&P 500 forecasts for 2009. They're coming down faster than in any six month period I've seen, and there are more cuts coming:...
I'm on Squawk Box tomorrow (Tuesday) morning talking Q3 earnings. One focus will be Apple, which I'm expecting to do decently in the quarter that just finished, but, if it's being forthcoming, to give unhappy guidance going forward. Granted, analysts...
Tonight I was trying to get a sense of what signals were missed earlier this year, so I got to reading comments from various well-known buy-side sorts. Here is a sample from March of 2008: Economic growth may remain fairly...
Caught myself meandering through the 1932 League of Nations World Yearbook tonight. Check the following figure to get a sense of the collapse in global trade during the early years of the Great Depression: Staggering stuff, especially considered in historical...
