Sorted Weekly Tweets



  • Commented on The Economist | The LIBOR scandal: The rotten heart of finance $$ LIBOR may not be as rotten as advertised Jul 06, 2012
  • LIBOR scandal: The rotten heart of finance Proving actual damages will b tough; don’t think this will amount2much $$ Jul 05, 2012
  • Libor, central banks and financial stability The degree of damage from Libor-fixing is arguable; more analysis2come Jul 04, 2012
  • LIBOR: Everything You Want to Know, but were Afraid to Ask Good summary article. $$ Jul 04, 2012




  • Europe Recalls Hamilton as Desperation Turns on the Debt Time running out; will EZone pull together or fly apart $$ Jul 07, 2012
  • This Is A Fantastic Presentation On Why ‘Germany Is Riskier Than You Think’ Cost: Support Euro < Abandon Euro $$ Jul 04, 2012
  • France Signals More Austerity Fascinating:Hollande may b delivering more conservative fiscal policy than Sarkozy $$ Jul 03, 2012


US Politics


  • Obama Fails to Gain as Unemployment Stuck Since March W/policy unsustainable, business owners reluctant 2 hire $$ Jul 06, 2012
  • Cities Consider Seizing Mortgages Abuse of eminent domain will not hold up in court. Theft by another name. $$ Jul 05, 2012
  • How Stockton went broke: A 15-year spending binge Offered enhanced employee benefits, which required no cash outlay $$ Jul 05, 2012
  • Thx 4 sharing this; worth the read $$ RT @LaurenLaCapra: How Stockton went broke: A 15-year spending binge | Reuters Jul 05, 2012
  • Yes, there is a free-market alternative to Obamacare Support high deductible insurance, even if govt has2do it4the poor Jul 04, 2012
  • Who Is John…Allison? A Randian, Libertarian Business Icon Takes Over the Cato Institute Met him @ #CMC29. Nice guy Jul 04, 2012
  • Debt Forgiveness Would Revive the Economy @JamesGRickards argues this, as I have elsewhere: $$ Jul 03, 2012


Financial Markets


  • Big Board’s New Dark-Pool Ammo: Sub-Penny Quotes I agree w/the guy quoted @ end; A step in the wrong direction $$ Jul 06, 2012
  • The High-Frequency Conspiracy HFT and the market makers / specialists work together to extract $$ from stock traders. Jul 04, 2012
  • @TraderNewsFeed I don’t share that view; I think the GSEs deserve some blame, the Fed a lot of blame, & invt banks a lot of blame, but… $$ Jul 04, 2012
  • @TraderNewsFeed Pt 2, the investors deserve blame as well. U can’t have a derivative hedge without a yield hog seeking additional income $$ Jul 04, 2012
  • Tail Risk and Hedge Fund Returns ht: @PragCapitalist As I have argued B4, hedge funds as a whole r short volatility $$ Jul 04, 2012
  • Blackstone Makes Foray Into Houses for Rent Economics of managing a lot of single family houses is difficult $$ Jul 04, 2012
  • Ex-JPMorgan Trader Feldstein Wins in Betting Against Bank This is a good example of how frenemies act on Wall Street Jul 04, 2012
  • The Changing Face of U.S. Equity Ownership Individuals own less, Institutions more; Graph: Jul 04, 2012
  • Stocks for Bond Lovers If dividends grow rapidly, a rising income stream beats bonds, if market value persists $$ Jul 04, 2012
  • Pimco’s Bond King Regains Investor Favor Owning long Treasuries is too fashionable, think I have2sell $TLT FD: +TLT Jul 04, 2012
  • “There is a high correlation between stocks & anticipated inflation. $$ Aleph Blog article: Jul 03, 2012
  • Pimco’s El-Erian Says US, Emerging Markets R Top Investments EM r in good shape, US better than other big nations $$ Jul 03, 2012




  • For CFAs: China’s Fragile Foundations Fraser Howie of CLSA Asia-Pacific explains the economic weaknesses of China $$ Jul 05, 2012
  • China’s New Rules May Curb Credit Growth Loosen with one hand; tighten w/the other. Now that’s a monetary policy $$ Jul 05, 2012
  • BRICs Priced for Economic Meltdown It is the lack of “rule of law” that makes them cheap, not possible slump $$ Jul 04, 2012
  • Jim Chanos ‘China Makes Greece and Spain Look Like Child’s Play’ Chanos is an accounting expert; sniffs out failures $$ Jul 03, 2012




  • Good for about 45 minutes as well, eh? $$ RT @BloombergNews: Central banks deliver 45-minute salvo as growth weakens Jul 05, 2012
  • A New Market for Schools Be wary; costs of the degree including foregone wages may not be worth it. $$ Jul 05, 2012
  • The Green Mountain saga: a cup of joe to go Once again, revenue policies take center stage for accounting quality $$ Jul 04, 2012
  • Loeb’s Third Point fund moves into Chesapeake The plot thickens, as a group of activist investors gathers $$ Jul 04, 2012
  • Contra: Carlyle Bets Big on U.S. Energy This does not look like a big bet to me. $$ Jul 04, 2012
  • Been experimenting with a spreadsheet that takes @yahoofinance news, and weeds out the chaff, I like it; improves quality, takes work $$ Jul 03, 2012
  • DNA Mapping of Alzheimer’s Patients Gives Deep Dive View May be promising, but not every disease is gene-based $$ Jul 03, 2012




  • “It will be very difficult to prove actual damages in these cases. I don’t think this will amount to much.” $$ Jul 05, 2012
  • “Organic growth is one of the toughest tasks in business, and also the most valuable.” — David_Merkel $$ $BLK Jul 05, 2012
  • “W/all of that liquidity, they can buy a bigger string to push on.” — David_Merkel $$ Jul 05, 2012
  • “It’s lousy fiscal policy to subsidize things in oversupply, like homes and banks. No spillover…” — David_Merkel $$ Jul 05, 2012
  • On second thought, thanks to all of my Twitter followers. I am honored that you want to listen to me & I will do my best to serve you $$ Jul 05, 2012
  • Many thanks to @Clarityspring, my 5,000th Twitter follower; never thought I would enjoy Twitter so much! Jul 05, 2012
  • Quirky, but interesting. Jul 04, 2012
  • RE: @TheStreet_News I think all orders should be good for at least one second. Until them, I will use discretionary r… Jul 03, 2012
  • “What a fragmented market: top 10 have ~45%. Not much of a story here. Next. $$” — David_Merkel $JPM $BAC $C $DBK $BARC Jul 02, 2012
  • “Only one way to lower healthcare costs: move back to a first-party payer system. Individuals decide…” — David_Merkel Jul 02, 2012
  • “Difficult proposition: choke the economy to achieve an uncertain environmental benefit.” — David_Merkel $$ Jul 02, 2012