Sorted Weekly Tweets

Rest of the World


  • Aflac Wins Wider Access to Japan Post’s Insurance Sales Network Looks like a win 4 all sides. FD: + $AFL $$ Jul 26, 2013
  • Echoes of the Asian Crisis India, Turkey, Brazil, South Africa– all r running substantial current-account deficits $$ Jul 26, 2013
  • Measuring Mario Draghi’s Promises 1 Year On Mario gambled & won so far. Have the banks used this calm time well? $$ Jul 26, 2013
  • China risks deflation trap as true GDP crumbles Whole economic sectors that recently drove growth have stalled $$ Jul 26, 2013
  • Boring But Important: ECB Relaxes Collateral Rules ECB is wiling 2take less creditworthy collateral, aiding growth $$ Jul 26, 2013
  • Egypt’s Vanishing Currency Black Markets The military has brought temporary calm, but can they run the economy? $$ Jul 26, 2013
  • Ma Says Taiwan People Override Missiles in Meeting Xi Taiwan & China might get along, were it not for old grudges $$ Jul 26, 2013
  • Japan Prices Rise Most Since ’08 in Boost for Abe: Economy May seem 2b a boost, but wait till interest rates rise $$ Jul 26, 2013
  • Moody’s Sees Local Default as $21 Billion Matures How China deals w/defaults will have a long term market impact $$ Jul 26, 2013
  • An American General Warns the Israeli Right Arabs either get their own state, or they get Israeli political rights $$ Jul 25, 2013
  • No Menstrual Hygiene For Indian Women Holds Economy Back Be grateful that you don’t live in India if u r a woman $$ Jul 25, 2013
  • Egypt General Stokes Protest U.S. Suspends Planned F-16 Delivery as Military Chief Calls for Anti-Morsi Rallies $$ Jul 25, 2013
  • Pope Calls for More Just Society Airy-fairy, what do you mean by just? Eliminating crony capitalists & socialists $$ Jul 25, 2013
  • China Coal-Fired Economy Dying of Thirst as Mines Lack Water China can command projects 2b done; can’t make water $$ Jul 24, 2013
  • Troubled Currencies Iran, North Korea, Argentina, Venezuela, Egypt & Syria. Dig the stats: $$ Jul 24, 2013
  • Mandela’s Wealth-Sharing Dream Fades in South Africa Black elite replaced a White elite, little change 4 most $$ Jul 23, 2013
  • Record Downgrades Foreshadow First Onshore Default Reaction 2a default in China will b interesting $$ #willtheyletit Jul 21, 2013
  • China Communist Party Fate Seen Resting on Farmer Rights Will Communist Party grow up & recognize property rights? $$ Jul 21, 2013
  • ‘Desperate’ Cuba voyage is latest scrape for North Korean fleet Interesting story on how bad NK merchant marine is $$ Jul 20, 2013
  • Hitting China’s Wall Late to the party, Krugman realizes that China’s economy has to rebalance 2 more consumption $$ Jul 20, 2013




  • Detroit’s Bankruptcy: What You Need to Know Nice summary of how most of the major parties r affected & process $$ Jul 26, 2013
  • How Detroit Drowned in a Sea of Troubles Most disasters result from a series of small bad decisions $$ #detroit #FTL Jul 26, 2013
  • Now That Detroit’s Gone Bust, Is Your City Next?’s-gone-bust-your-city-next Consider San Diego, doesn’t fit model $$ Jul 23, 2013
  • How Detroit Affects Muni-Bond Investors If Detroit forces losses onto bondholders, other municipalities will mimic $$ Jul 21, 2013
  • Detroit Bankruptcy Judge Rhodes Is Ponzi-Law Scholar Sound like a bright, no-nonsense guy; rules over big problem $$ Jul 21, 2013
  • Detroit Bankruptcy Likely to Spark a Pension Brawl How much will benefits b cut4active, deferred & retired workers $$ Jul 21, 2013
  • Pension Payouts May Turn on Whether State or Federal Law Prevails If State Law, then defined benefits r protected $$ Jul 21, 2013
  • Moody’s: Detroit bankruptcy filing credit negative Will b interesting 2c which classes of bonds recover $$ well Jul 20, 2013


Obamacare / PPACA


  • Bobby Jindal and Scott Walker: Unworkable ObamaCare Opaque rules, big delays & rising costs: The chaos is mounting $$ Jul 26, 2013
  • Will Obamacare Kickstart Health-Care Revolution? More likely to boost overall spending until we scrap & start over $$ Jul 25, 2013
  • Obama’s New York Model How NY state destroyed its insurance market using ObamaCare rules. PPACA now deregulates $$ Jul 24, 2013
  • Union Fears ‘Destructive Consequences’ From Obamacare Overly complex laws often r attacked piece-by-piece $$ Jul 20, 2013




  • US States And Local Pensions Deficits Still in the Red Zone? Big issue. Govts didn’t put in $$, stretched assumptions Jul 26, 2013
  • Corporate Pension Plans Start Return Toward Fully-Funded Status Yields up, risk assets up, DB pension funding up $$ Jul 25, 2013
  • David Skeel: Facing Up to America’s Pension Woes If you have a public pension, your income will b cut, get ready $$ Jul 25, 2013




  • Crack spread 101 For a primer on how crude oil refiners make $$ , start here. FD: + $VLO $PSX $MPC Volatile beasts Jul 26, 2013
  • Pimco Prepares for Life After Bill Gross The key mind that built Pimco; how will it survive without him? $$ #notwell Jul 26, 2013
  • Is Your College Going Broke? Forbes rates 925 schools on financial strength. Scores here 4 free; c who will live. $$ Jul 25, 2013
  • Global Oil Supply Shock? Special report on Crude covering the US, Canada, Russian Supply, & global demand factors $$ Jul 22, 2013


Monetary Policy


  • Fed Chief Choice Shapes Up as Race Between Summers, Yellen Sad that it comes to this, neither is competent $$ #FTL Jul 25, 2013
  • Bernanke Seen Slowing QE to $65 Billion in September Y r we listening 2 economists? I don’t c QE tapering in 2013 $$ Jul 24, 2013
  • Fed Criticized on Oversight of Bank-Owned Commodity Units Fed has never used its role as lead bank regulator well $$ Jul 24, 2013
  • Biggest Banks Face Fed Restoring Barriers in Commodities Asset allocations to commodities drove financialization $$ Jul 24, 2013
  • Gonzalo Lira: The Democrats Finally Embrace Money Printing Democrats realize the larger QE is, they can spend more $$ Jul 24, 2013
  • Right now, Larry Summers is the front-runner for Fed chair Reverse psychology 2 scare us 2 beg Obama pick Yellen $$ Jul 24, 2013
  • Why Fed Has Failed to Lower US Unemployment Main reason:monetary policy can’t solve unemployment, regulatory issue $$ Jul 22, 2013
  • Janet Yellen for Fed Chair @calculatedrisk makes a good case 4 Yellen; I would prefer someone more skeptical $$ Jul 20, 2013


Daily Journal


  • If $DJCO is managing >$100 million in stocks, then y aren’t they filing a 13F-HR w/the SEC as other managers do? $$ Jul 24, 2013
  • Munger Triples Publisher’s Value With Panic-Era Stock Bet Cagey Munger times the bottom w/quality companies $$ $DJCO Jul 24, 2013




  • Easing of Mortgage Curb Weighed The Apostles of ez debt underwriting preach their gospel 2 regulators in DC $$ #FTL Jul 24, 2013
  • Americans Gambling on Rates With Most ARMs Since 2008 Proving again that u “Can’t teach a Sneech.” $$ #FTL Jul 24, 2013
  • Athene’s James Belardi, a Controversial Player, Gets Into the Annuities Game Regulate him 2 the strictest degree $$ Jul 23, 2013
  • Nontraded REIT Pulls In Bundles Of Cash Avoid any illiquid investment where the promoter knows far more than u $$ Jul 23, 2013
  • Housing Recovery Increasingly Prices Out First-Time Buyers A good thing; ppl need 2 save&make bigger downpayments $$ Jul 23, 2013
  • Commodities and banks, a recap @izakaminska gives a primer on the financialization of commodities $$ Good read $STUDY Jul 23, 2013
  • Resigned to reform, Wall Street tries a different tack in DC Look at the insurance industry, it’s better regulated $$ Jul 23, 2013
  • Gorilla Flipping Homes as Rebound Revives Rapid Trades Interesting niche: w/scale buys worst homes, rehabs/flips $$ Jul 22, 2013
  • Mortgage applications fall as refinancings dry up, big opportunities for REITs REITs can issue private mortgages $$ Jul 22, 2013
  • Prudential Hits Back on Risk Status $PRU right & FSOC wrong, problem isn’t size, asset quality, but liab liquidity $$ Jul 22, 2013
  • In other words, unless a life insurer is writing biz that is immediately or contingently terminable, they don’t go bad in a crisis $$ $PRU Jul 22, 2013


Politics & Policy


  • Letters About 401(k) Plan Costs Stir Tempest problem is that is hard 2 service small account & give them advice $$ Jul 25, 2013
  • Uncertainty and the Slow Labor Market Recovery SF Fed estimates that policy uncertainty has held back employment $$ Jul 23, 2013
  • Feeling the heat on climate change Climate is like markets; unpredictable, constantly varying, makes fools of us $$ Jul 23, 2013
  • Parents Shell Out Less Money for Their Kids’ College Fewer will attend college, instead they will enter trades $$ Jul 23, 2013
  • Reining in the audit industry’s reality distortion field Acctg stds 2 flexible & auditors 2 chummy w/cos need chg $$ Jul 22, 2013
  • Tax break that corporate America wants kept secret Not secret, corporations have negotiated taxes w/IRS 4a while $$ Jul 22, 2013
  • Warren’s Mistake About Wall Street Risk-Taking Crisis came b/c too many financed illiquid assets short-term $$ Jul 22, 2013


Market Impact


  • It’s Possible to Graduate Debt-Free. Here’s How: Scholarships, online courses, use your skills 2make $$ & summer job Jul 24, 2013
  • Three Big Money Mistakes You Could Be Making Right Now Simplified: B careful what you spend; ez 2 waste $$ Jul 23, 2013
  • Gold futures hiccup indicates demand outpacing supply Too much paper gold chasing too little gold; take delivery $$ Jul 23, 2013
  • Investors, Analysts See End of Commodity ‘Supercycle’ Probably true intermediate-term, but not long-term $$ Jul 22, 2013
  • Investors Struggle With Cash Conundrum Cash is unique & useful, preserves value when inflation or real rates rise $$ Jul 22, 2013
  • SEC’s White Takes on Two Billionaires in One Day to Make Mark I like the current aggressive posture of the SEC $$ Jul 21, 2013
  • Junk Bonds Jump as Bonds Boom Yield lust resumes as bonds begin to rally more generally amid new issuance $$ Jul 21, 2013




  • Advances That Regrow Babies’ Hearts “Our theory is that a newborn heart has amazing growth potential…” $$ #Cool Jul 23, 2013
  • Does it matter if students can’t write? Yes! Ability 2 write is a proxy for ability 2 analyze qualitative data $$ Jul 24, 2013
  • Wrong: How an Introvert Can Be Happier: Act Like an Extrovert B what u like 2b & you will b happy; don’t force chg $$ Jul 23, 2013
  • Duchess Casts Midwife Tradition Aside for Royal Birth 4 normal births midwives r the best, they give better care $$ Jul 23, 2013
  • SIM Cards Have Finally Been Hacked, And The Flaw Could Affect Millions Of Phones Watch yr cell phone bill 4 chgs $$ Jul 22, 2013
  • Forget campfires, more kids heading to entrepreneur camp Interesting idea, maybe I’ll send one of my kids $$ Jul 22, 2013
  • Burger Binges at Red Robin Fuel Hospitality Hiring Spree Optimistic sign 4 job growth on the low end of wages $$ Jul 22, 2013
  • What happens to entrepreneurs after their one-hit wonder falls from favor? 4 examples: what happens after hot->not $$ Jul 22, 2013
  • A Buffett Fortune Fades in Brooklyn An unscrupulous charity invades the principal of an endowment & fails badly $$ Jul 21, 2013
  • Rise of the Warrior Cop Cops become more like soldiers, trampling on rights of Americans 2 life, liberty & virtue $$ Jul 21, 2013
  • Fifteen Years After Autism Panic, a Plague of Measles Erupts The measles return after 15+ years of low vaccination $$ Jul 21, 2013
  • Germiest Places – 8 Ways to Protect Yourself in Restaurants U may never again feel the same about ketchup bottles $$ Jul 21, 2013


Comments, Replies, & Retweets


  • Planning would be better Jul 25, 2013
  • @JLGull1 It applies to Berkshire Hathaway, Perry Corp, Markel, and many other holding companies Jul 25, 2013
  • @kaylatausche Honored to have you following me. Keep up the good work at CNBC; you do it well. Jul 24, 2013
  • @chadstarliper What I saw was fwd rates 5 years out move up pretty hard, and not move back, much Jul 24, 2013
  • @chadstarliper I agree w/ that, though in the short run, most don’t look at the fwd cv. But didn’t the fwd cv move when BB said “taper?” Jul 24, 2013
  • @chadstarliper But it does affect the yield the debt is offered at vs the open market Jul 24, 2013
  • @srochetrading thanks Jul 24, 2013
  • @chadstarliper QE is buying ~50% of US debt issuance, Democrats would like that to continue. Jul 24, 2013
  • @srochetrading I don’t know GL that well, would @ProfSteveKeen talk 2 me if I asked him? Jul 24, 2013
  • I just left a comment in “Warren Buffett sidekick Munger creates a mini-Berkshire at Daily Journal” Jul 24, 2013
  • I just left a comment in “Warren Buffett’s long-term stock picks – MarketWatch” Jul 24, 2013
  • I just left a comment in “Stagflation: The Fed’s worst nightmare – Irwin Kellner – MarketWatch” Jul 23, 2013
  • @Bonjubs Yes, being a Christian, a Libertarian, a loving father & husband, adopting 5 children & having 3, are all crimes against humanity Jul 22, 2013
  • @Bonjubs Rebellion is almost always a mistake. It has not helped most of the Arab Spring. Most long-lasting change comes via peaceful means Jul 22, 2013
  • RT @StevStiffler: ʇǝǝʍʇ sıɥʇ pɐǝᴚ oʇ ǝuoɥd ᴚnoʎ uᴚnʇ oʇ ǝʌɐɥ ʇupıp noʎ ɟı ʇǝǝʍʇǝᴚ Jul 21, 2013