This may be the silver lining of the Obama win, the rise of a sensible and practical libertarian party leaving the nutty factions of the right and left to squabble over their superstitions and hare brained ideas.
Considering the timing of some of Buylo's short calls earlier this year that is a bit harsh. Things were looking pretty great in 2005 and if you had shorted then you would have lost your shirt. Things looked pretty bad 2 months ago, going long then would have cost you dearly. These general and...
The conservative method? Really, Bush fiscally conservative, you could have fooled me.
If we just experienced the conservative method how do you explain the different result from the Reagan years? The closest we have had to a liberal method is Jimmy Carter, are you hoping for a repeat?
If you think society is litigious now just wait untl the lawyers get their wet dream fufilled.
http://online.wsj.com/article/SB122567159552291829.html
Plaintiff and consumer groups, buoyed by prospects of a Democratic president and expanded Democratic majority in Congress, are preparing a...
Junk mail is one of the biggest wastes that I can think of. I saved mine for a month in Dec 2006 and it weighed a total of 42lbs, it is much worse these days.
Peter Bernstein was trading in the early 70s (actually since the early 50s) and he disagrees. Read his article, Two Little noted features of the market and the economy, featured in Maudlin's latest misisve.
I don't agree, this was true when the WS guys had somewhere to go with the hedge fund/private equity industry flourishing but now everyone in finance is looking for a job so the bonus retention arguement doesn't wash for 99% of employees as they have nowhere else to go. These stories are really...
MacDonalds earnings would seem to indicate that people are just eating cheaper crap that is staying in longer, no less obeisty but more colon cancer :D
http://www.bloomberg.com/apps/news?pid=20601087&sid=a95WHBbBgk54&refer=home
The beginning of a trend.
The question of the day is whether we are at resistance and it will hold and dip or will we break through and rally to 10-10200?
Thanks for posting SI, I enjoy your missives, often quite informative with some interesting ideas, always entertaining. Thank you for your time, analysis, and wit :)