Given that markets will open tomorrow because of the somewhat obvious fact that the world did not end it is worth looking at the Dow from two different perspectives. As you can see from the chart below the long term trend of the Dow is roughly intact. You can see that I am not a…
I must have slept through armageddon either that or it didnt happen. This entire little event that gained far more oxygen than it was worthy of proved that humans are fundamental irrational and that those with imaginary friends are even more irrational. In any sane and compassionate society anyone who claims to have voices in…
Apropos the coming end of the world tomorrow the Center for Disease Control and Prevention has produced a few guidelines for the coming zombie apocalypse
Tim Harford who does a wonderful series of podcast on the BBC – all of which are available on itunes talks about finding economic lessons in unusual places.
Someone dropped this into my inbox. It is 20 facts about the US housing market generated by Economic Collapse I think everyone in their right mind agress that the US housing market has essentially dropped its guts all over the US economy but these facts are fascinating in the level of damage it has done…
Apparently according to one group of Christian nutbags the world is going to end on the weekend which is such a bugger because I was planning to go to the flicks on Sunday. Naturally I had to have a look at all the other bonkers predictions people with imaginary friends had made. Fortunately, I didn’t…
LinkedIn the Facebook for people with a job debuted last night and has managed to do very nicely for those involved. The entire notion of social media intrigues me since it looks so much like the tech bubble circa 1998/99 with people putting extraordinary valuations on really quite nebulous businesses. The performance of LinkedIn on…
A crewman on a commercial tuna-fishing boat was the first to spot it: something shiny and metallic in the water off the ship’s bow. The crewman alerted the navigator, and the 280-foot San Nikunau slightly altered course to avoid a collision. As the ship came closer, the object revealed itself to be a small boat,…
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