The Import Of Latvian Prostitutes
Forget the Case Shiller Index. Baltic Dry Index? Old news. Hemline analysis? Forget it. For real, serious metrics you have to think out of the box (so to speak). You have to consider the plight, for...
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The CDX And The Whale
The OCC report on bank derivative activities is rarely what you would call a laugh riot but I enjoyed that the 2Q2012 one released today gives the London Whale a belated sad trombone: Commercial banks...
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How Much Of The Stock Market’s Growth Is Caused By Its Shrinking?
There’s a small cause-and-effect mystery in the interaction between share prices and share buybacks. On the one hand, when a company buys back stock, that should make the remaining shares more...
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S&P Keeps Monopoly On Way To Count
The Dow Jones Industrial Average is a very stupid measure of the stock market for at least two reasons, which are (1) it is an average of only 30 big stocks and (2) it is weighted by share price, an...
View ArticleSilicon Valley Not Even Spending Money On Clichés These Days
If startups aren't buying ping pong tables anymore, it's time to burn it all down.
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