Today’s most shared: Draghi: bail-in fears could prompt bank runs… Greenspan still sees a Maestro in the mirror in the morning… Yale model is a tough target… Apple’s giant white iTV still out there, like Moby Dick… Tech euphoria and … Read more
Leave a CommentOctober 2013
Today’s most shared: Is economics a science? Greenspan’s self-serving look at the financial crisis…The baby boomer’s last generation gap: an inter-generational great train robbery? JPMorgan’s monster settlement…Physicists and financial markets. Yes, Economics Is a Science New York Times Don’t let … Read more
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This past week we learned that Gene Fama, Lars Peter Hansen, and Bob Shiller received the 2013 Nobel Prizes in Economic Sciences. These are relatively new awards that were first awarded in 1969 in honor of the founder of the … Read more
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Today’s most shared: The strange case of the fired Fed examiner… Naming names as FX investigation heats up… Fed taper timing… Nobel foundation could have used advice from Shiller and Fama. 1. Anatomy of a shutdown Politico shared by @TheStalwart, … Read more
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Are you among the masses of investors who have either lost money or underperformed by putting faith in Japanese equities? Since the end of 1990, the TOPIX Index has annualized a whopping –1.96% through August 2013 in yen terms, trapping … Read more
10 CommentsGridlock Has Cost U.S. Billions, and the Meter Is Still Running New York Times Damage to growth, employment and interest rates has already been extensive, economists say, even without a debt default and a continuation of the government shutdown. shared … Read more
Leave a Comment Today’s most shared: Counting the cost of shutdown showdown… Fantasy football IPOs… Development hardball and extreme land-grabbing in Shanghai’s French Concession…Regulators unconvinced of Dimon’s greatness, desirability of banks’ physical commodities business… declining labor mobility. 1. This fiscal fight cost the … Read more
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Today’s most shared: Tea party faction dislikes compromise deal…Steel boom suggests China maybe not rebalancing so much…Shiller of ‘irrational exuberance’ fame shares Nobel with unrepentant housing-bubble-denying Fama (plus Hansen)…the Nobel committee could have just used Niall Ferguson’s Twitter metric…DC dysfunction … Read more
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I’ve been reviewing my posts and articles from the last time we went down the debt ceiling crisis road, and I’ve been marveling a bit. Trillion-dollar coin indeed! That post proved to be prescient in a lot of ways, although … Read more
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