Surprise, Surprise, Economists Know Bugger All
In what must be a profoundly surprising development economists couldn’t predict anything with any degree of accuracy. Click on the pic for the full story.
DetailsIn what must be a profoundly surprising development economists couldn’t predict anything with any degree of accuracy. Click on the pic for the full story.
DetailsFound this in the WSJ over the weekend. Love the conclusion – I wish we heard more about the Dornsifes, Jacobson’s and Morks and less about the Trumps, Adelsons and Soros’s of the world. Perhaps then, America would have a more reality-based view of how the wealthy make and give away their money. Amen to…
DetailsI missed my usual Friday blog oddness because the day was spent dealing with idiots directly and the actions of a single idiot.
DetailsSomeone sent me the image below which pertains to the US. I have been trying hard to think of a reason why the same situation doesn’t apply here and I cant think of one. My personal experience is that this is certainly true locally. The world is being flooded with more and more fluff whereas…
DetailsThe chart below is a comparison between the ASX S&P 200 and the NASDAQ 100. There is a remarkable divergence in perfomance over the past six months. The 200 continues to limp along inside a broad congestion zone that makes it hard for trend followers whereas the NASDAQ 100 continues to power along. Whether the…
DetailsMatt Taibbi of Rolling Stone remains in my opinion the most incisive financial commentator around at present. Be sure to check out his other work in his blog.
We have long grown use to legal statements that make absolutely no sense whatsoever or those interminable disclaimers at the end of every financial ad on the radio. At last someone has appeared with a sense of human.This is the standard disclaimer that Contango Oil & Gas Company (MCF) include with their earnings reports –…
DetailsLetter writing is a dying art form replaced by more mundane and functional forms of communication such as emailing and texting. Neither of which carry the emotional resonance of writing something to someone by hand. Below is a letter from Jackson Pollocks father to his young son Dear Son Jack, Well it has…
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