The Credit Crisis Financial Stocks Short Journal

They also increased the job loss for 2009 by nearly 1,000,000 w/their benchmark revision - that's another 80K loss/month for the entire year.

I've got an idea for the BLS ... why not just classify everybody w/o a job as 'not looking for a job'. That way the UE rate will be 0%. Unemployment problem solved. 4 more years!
 
http://2010.therussiaforum.com/news/session-video3/

Full video from that Russian Forum ... Faber moderating, panel includes Hendry, Taleb, and a couple of other guys whose name I don't remember. One of them seemed especially sharp.

Worth watching the full thing. Hendry has his first big monolouge around the 14 minute mark. He's pretty full of himself, but I love the guy. Nice cap to a nice 5 week run:cool:
 
Quote from ralph00:

http://2010.therussiaforum.com/news/session-video3/

Full video from that Russian Forum ... Faber moderating, panel includes Hendry, Taleb, and a couple of other guys whose name I don't remember. One of them seemed especially sharp.

Worth watching the full thing. Hendry has his first big monolouge around the 14 minute mark. He's pretty full of himself, but I love the guy. Nice cap to a nice 5 week run:cool:
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Nice find, I appreciate it :cool:
 
From Niederhoffer's site ... a chart of how different asset classes are stacking up in 2010. The most hated asset classes - Treasuries and the Dollar - have the best returns. The most loved asset classes - commoditites, stocks, gold/silver - have the worst.

Ellison201002.jpg
 
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