Sandy-Cam
As an unabashed fan of extreme weather I bring you Sandy-Cam courtesy of a camera on the 51st floor of the New York Times building.
Punch A Hedge Fund Manager In The Head Day…..
I think a much better idea would be to allow disgruntled clients to pay to punch their hedge fund managers in the head.
Chart Of The Day
Not mine….someone else’s. The chart below dropped into one of my junk email accounts. This is a chart of the S&P500 PE ratio – I can see what people are attempting to do when they construct such charts. My interpretation is that they are looking for signs of mania – that is a distortion in…
DetailsSurprising Stat Of The Day
This piece was on my weekend reading list and it contains the following surprising stat which I was completely unaware of. There’s frequent evidence for that in economic data, and in the country’s destiny to become ever-smaller, doomed by demographics that will shrink the population from about 127 million today to 47 million in 2100, according to…
DetailsDow
Not quite on the close but apparently I have been told something.
U.S. Stocks Top All Other Assets for First Time Since ’95……Bullshit It Does
I snipped the following graphic out of a somewhat breathless exhortation on how good equities had been this year. The graphic proclaims that S&P500 equities had outperformed all other investment classes this year, to which I replied bollocks………. The graphic below is from Finviz and it tracks a wider basket of vehicles – as you…
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