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Wrong again. It's not about ST bond yields. It's about the big picture 10-20 years ahead. But if you insist on discussing the ST, bond yields are just a clue Krugman is wrong. Such a steep yield curve is completely unexplained and unexpected by keynesian models. If bond yields come down...

If you had read about the Ferguson-Krugman debate you would know that the point is that Krugman thinks that the US government faces an infinitely inelastic credit supply curve, which is a key point in his view of the world and which is patently absurd. I leave you to come up with your own...

http://news.google.com/news?pz=1&ned=us&hl=en&q=niall+ferguson+paul+krugman&cf=all&scoring=n Notice that Krugman answers Ferguson with arrogant and insulting disdain for the questioner, not with logical reasons. The bond market just threw a huge egg on Krugman's face, but the...

Back in the seventies and early eighties, Krugman, his mentor Paul Samuelson, and other very well known left wing "economists", they all rooted for the USSR. They used to say Russia was number 1, that the US should follow Russia's economic policies... blah blah blah yada yada. Check out...

Actually some advanced techniques parallellize easily like MonteCarlo and the Bootstrap.

Yep, Anaconda is right if that's the kind of 'trading' they do.

I agree with the last few posts. It's not only about skills or saying the right thing. It takes a certain personality and/or mentality to become a speculator. Traders are not "normal" people. Even if you have what it takes, you also have to love it and desire it badly, otherwise you won't be...

The change to bank holding co. was just a paper move to get funds from the fed "legally".

ETFs and futures are different products. ETFs are for investors, futures are for traders. ETFs are low leverage, no rollover hassles, and the most popular retail platforms support them. Futures allow greater leverage. They are not riskier, it's just that they allow more leverage so they...

Yep, Nikkei and TOPIX longs got screwed as the news were released just after market closed for lunch.

Ari Kiev and Brett Steenberger have their following, but Mark Douglas and Ruth Barrons Roosevelt work for me. I don't know who's best, try them all, you will get nuggets of wisdom from any of them.

Mark Douglas is good. As is Ruth Barrons Roosevelt. Psychology books are a steal compared to other costs. I would spare no expense in these books and courses. People tend to overlook the psychological preparation to be a trader, the truth is without the right mentality you are doomed to...

This is how you bribe a narcissist: convince him it's not a 'payola' but a reward for his advice, genious, invaluable advice etc. etc. whatever. Now you're not only a friend and an ally in the narcissist's thinking system, but also smart and worth listening to. So now it's easy to get favors...

How quickly people forget that the main cause of LTCM's demise was lax lending, by who??? Yes, the i-banks... ML, GS, JPM, BSC, LEH... a match made in hell: a bunch of arrogant idiots who believed their trades could not possibly go wrong, and a bunch of greedy suckers allowing the other idiots...

Government bureaucrats are not in the business of telling people the "truth". They exist for the sole purpose of convincing other people to give them money to get elected into office, to be able to get their hands on more OPM, this time forcibly. And they are willing to cheat lie and steal to...

Krugman also accurately identify the real culprits of this crisis: the wealthy, Bush dropped taxes so they pay less!! what an outrage!! they should be taxed to death to pay the good guys salaries like Geithner's and Ben Bernanke, not to mention Fannie Mae's executives. They are all the evil...

I identify myself as an austrian, not only because of my libertarian leanings, but also because it's the only approach that allows me to read the financial news understand them and trade the markets at the same time without getting schizophrenic. Every other economic approach is clueless about...

Zimbabwe's finance minister is also a genius. He has made everybody a millionaire there. He should be awarded the Nobel Prize next year.

Of course they know very well what they are doing, they are protecting their inner circle of wealth and power at the expense of John Q Public.

A policy measure of this magnitude should have caused a SPX pop of at least 50 points, instead it went up by just 16 points, almost a non event. The world will be mulling the ramifications of this monetary nuclear bomb over the next few days. There will be several changes of trend.