Sorted Weekly Tweets

Market Impact

 

  • Banks Consider New Corporate-Bond Trading Network http://t.co/UxLaTmuIgK Maybe volume will pick up w/increased liquidity &reduced spreads $$ Nov 23, 2013
  • White House snubs Fannie-Freddie plan http://t.co/aq94voAcwa Agree w/Obama here; we need to discourage mortgage debt, delever economy $$ Nov 21, 2013
  • PIK Bond Offerings Surge http://t.co/xv5m3I4HND Always a bad sign when borrowers can choose not to pay cash to lenders; market is frothy $$ Nov 21, 2013
  • Americans Recover Home Equity at Record Pace http://t.co/nDDUZvCUYm I wouldn’t b so optimistic; there r2 many investors relative 2 owners $$ Nov 21, 2013
  • J.P. Morgan Is Haunted by a 2006 Decision on Mortgages http://t.co/niHE3SfMon How underwriting was compromised at $JPM leading2bad mtges $$ Nov 21, 2013
  • Morgan Stanley Wins as Lynch Pays Up http://t.co/cz0C1GVwpO Remember margin of safety. Great past track record, won’t likely work forever $$ Nov 20, 2013
  • Why Banks Are Still Wary of Credit Risk Retention Plan http://t.co/bySXEramn4 Maybe do opposite: ban banks from owning securitized assets $$ Nov 20, 2013
  • Bank, Credit Union Defend Payday Products as Crackdown Looms http://t.co/fqvP7Mkh1J Cheaper version of what exists outside banking $$ Nov 20, 2013
  • Why Bankers and Regulators See Very Different Future for Giant Banks http://t.co/iTms0Tmpso Hand banking regulation back to the states $$ Nov 20, 2013
  • Student Loan Market Headed for Crisis, CFPB Warns http://t.co/LQSE1xvC26 Always avoid the debt class that has grown rapidly; losses loom $$ Nov 20, 2013
  • Buying Low Thwarted by Narrowest Stock Valuation Gap Ever http://t.co/98JOxoyrLK I’m not finding many cheap stocks out there. $$ Nov 19, 2013
  • Why No Bankers Go to Jail http://t.co/w39LW6RqNm Theory 5: Easier for the government to discipline corporations than prosecute felonies $$ Nov 18, 2013
  • Inherited Money To Manage? Overcoming Emotion Is Key To Big Returns http://t.co/jYMnOkzokl This is essential to ALL money management $$ Nov 18, 2013

 

Central Banking

 

  • Fed Looks for Other Ways to Aid Economy http://t.co/LhJLzOuY5M You’ve done quite enough thank you. Go 2 the corner & play w/the fed funds $$ Nov 21, 2013
  • A Limited Central Bank http://t.co/HZfLQIFzMc John Mauldin republishes the notable speech by Charles Plosser at the Cato Institute $$ $SPY Nov 21, 2013
  • QE:Euthanasia of the economy? http://t.co/Ci8rLiL3E2 Japan & the US r examples; QE can’t revive an overindebted economy. Recession needed $$ Nov 20, 2013
  • Onions Bring Tears to RBI’s Rajan as Prices Surge http://t.co/8z8TSVBRzv The humble onion can make even a central banker cry $$ #agflation Nov 20, 2013
  • Junk Glistens Under ‘Bernankecare’ as Worst Stocks Win http://t.co/JlpofPq5zT Fed encourages the foolish to take more risk at a bad time $$ Nov 20, 2013
  • Fed Ponders How to Temper Tapering Without Rate Increase http://t.co/fAbD1DeHeU The Fed wants the best of all worlds and at no cost $$ Nov 20, 2013
  • It’s Fed Versus Moody’s for ‘Most Wrong’ Crown http://t.co/iGh71xNPXh Fed by a mile here; regulators should disallow unseasoned assets $$ Nov 18, 2013

 

Bubbles

 

  • This Market Is Going Higher, Warns Jeremy Grantham http://t.co/lgb2aLPXM7 Momentum will carry it up until valuations can’t b sustained $$ Nov 20, 2013
  • Krugman and Summers Want to Keep Finance Fun http://t.co/jvA6oMXhRo Their policies promote bubbles and crises rather than stability $$ Nov 20, 2013
  • Is the Only Choice Bubbles or Recession? http://t.co/5M3jsGAoqC Recessions r needed to eliminate unproductive lending; they r necessary $$ Nov 20, 2013
  • Risk of a Stock Market Melt-Up? http://t.co/HnaAXGTs06 ​Federal Reserve Ultra-Dovishness, Technicals, the Economy and the TINA effect… $$ Nov 18, 2013

 

China

 

  • Pimco Sees $3.7T Reason for Adding Yuan http://t.co/inqCbSDwNw FX reserves grew $166B in 3rd quarter 2a record; no rebalancing yet $$ $SPY Nov 23, 2013
  • China hard landing is likely: Andy Xie http://t.co/3NXbyF1V7y China today is like Japan in the late 1980s, an economy w/2many dead assets $$ Nov 21, 2013
  • Chinese Skeptics Deepen Biggest A-Share Discount in 3 Yrs http://t.co/xD4jdyx8TE Invest your $$ in Chinese stocks & watch it get Shanghaied Nov 20, 2013
  • Credit-Driven China Glut Threatens Surge Into Bank Crisis http://t.co/wo2aM3kDCV Forced industrialization leads to bad debts & depression $$ Nov 20, 2013
  • Gold No Slam-Dunk Sell in China as Aunties Buy Bullion http://t.co/33nzTfyRBF Chinese know that gold cannot be printed, so they own it $$ Nov 20, 2013
  • Chinese Steer Billions Abroad in Quest for Safety http://t.co/omkkxrVVYh Wealthy Chinese do not trust their government & so plan escape $$ Nov 20, 2013

 

Rest of the World

 

  • Iran Is Playing Obama, Says Savvy Saudi Prince http://t.co/CL71dNTKAE Fascinating political calculus here, Saudi Arabia vs Iran $$ Nov 23, 2013
  • Very Well Aged: Archaeologists Say Ancient Wine Cellar Found http://t.co/AT0r1KaUCO 3700 yrs old found in what is now Israel $$ Nov 23, 2013
  • Aluminum Fees in Japan Seen Near Record in First Quarter on Abe http://t.co/I77hxT99AJ Amazing how much Aluminum held off mkt 4 lending $$ Nov 23, 2013
  • Mobius Can’t Buy Enough Vietnam Equities on Foreign Limits http://t.co/zMflUVKGxY They have bad loan problems too, like everyone else $$ Nov 21, 2013
  • Pirates Looting Cargoes With AK-47s Threaten African Oil http://t.co/dNEwEvS0HZ Energy companies should pay military 4 services $$ Nov 21, 2013
  • Hollande’s Tax Rebels Underscore Mounting Opposition http://t.co/9IsTUauelM What u get for letting the govt get 2 big $$ $SPY $FXE Nov 20, 2013
  • Swiss Rage Against CEO Pay Provokes Vote on Salary Limits http://t.co/DiFHNPhFTv Interesting 2c if it passes & what happens if it does $$ Nov 20, 2013
  • Watch Greece – it may be the next Weimar Germany http://t.co/YwKaCyY5nN Cradle of democracy becomes its graveyard? Golden Dawn & murder $$ Nov 20, 2013
  • What Castro Knew About Lee Harvey Oswald http://t.co/6LP6YQZs77 Argues Cuba did not plan the assassination, but encouraged Oswald 2do it $$ Nov 18, 2013

 

Politics & Policy

 

  • Probe of How U.S. Agency’s Medicare Move Reached Investors Hits Wall http://t.co/xf4wtpCmJh Congress shields itself from insider trading $$ Nov 21, 2013
  • Illegal NYC Homes Thrive as De Blasio Tackles Housing http://t.co/HIUBfVrYha Legalize alternative apartments in NYC; end rent control $$ Nov 21, 2013
  • Details of Private Mars Mission Given to House Science Panel http://t.co/jeHELiDu5w Space era begins when private industry does it alone $$ Nov 20, 2013
  • Blame Rich, Overeducated Elites as Our Society Frays http://t.co/aZFut5gXCA Long. Argues that elites can control if they r united $$ #maybe Nov 20, 2013
  • US Military Eyes Cut to Pay, Benefits http://t.co/nly87Jv2gq Military is thinking much farther ahead than the politicians they serve $$ Nov 18, 2013

 

PPACA

 

  • Obamacare Bailout Sought as Effort Planned to Bypass Site http://t.co/3Y1A7XP6Kj PPACA looks like a wrecking ball for what was good $$ Nov 21, 2013
  • ObamaCare Forced Mom Into Medicaid http://t.co/R1mamdO3ND If it is important 2 preserve your Mother’s dignity, y aren’t u paying 4 it? $$ Nov 21, 2013
  • Obamacare Consultants Warned of Health Website Failure http://t.co/0YtdOoiNDP Wasn’t a surprise; officials knew in advance & ignored it $$ Nov 20, 2013
  • A Conservative Cure for Obamacare http://t.co/dUGtfc286y A challenge in 2017: fix PPACA or destroy it? Nothing big will change till then $$ Nov 18, 2013

 

Economics

 

  • Mainstream economics is in denial: the world has changed http://t.co/8Jt15186vs Correct, but the solution is more free markets, not less $$ Nov 21, 2013
  • It was not the free market that failed. It was the regulated market that refused to do what it promised; regulators acted pro-cyclically $$ Nov 21, 2013
  • Economics students need to be taught more than neoclassical theory http://t.co/NEKYqcCAG0 Reasonable; let students hear other paradigms $$ Nov 21, 2013

 

Other

 

  • Worried About That 787 You Ordered? Hire a Factory Babysitter http://t.co/nshpBN6n4d Makes sense to do this when u r paying so much $$ Nov 21, 2013
  • A Second Life for Old Permian Oil Field in Texas http://t.co/DrEOxmz7Jo Fascinating to see multiple levels of hydrocarbons, it goes deep $$ Nov 21, 2013
  • US Growth comes Mostly from Inventories http://t.co/ENaaqgtHKH Helps explain why the economy feels worse than the published numbers $$ Nov 20, 2013
  • Brookfield’s Looking-Glass World Foundation http://t.co/C4tpqbAKx9 $BAM $BIP $BPO $BRP $INF $BEP $BOXC $BPY Be wary of opaque disclosures $$ Nov 19, 2013
  • A Sub-$1,000 3D Printer for Metal http://t.co/tSDpP1JriA Not quite, you have to have your own kiln in order to process the clay/metal $$ Nov 18, 2013

 

Wrong

 

  • Wrong: Orthodox economists have failed their own market test http://t.co/X4pJpjNyia Krugman & Baker did not predict the crisis $$ Nov 21, 2013
  • Wrong: The college savings plan that beat the hedge funds http://t.co/AYXMUa84ge anyone can promise a high fixed return, few can fund it $$ Nov 21, 2013
  • Wrong: Robert Shiller: is economics a science? http://t.co/QrGJb2hMiJ See Robert Shiller incapably defend bankrupt neoclassical economics $$ Nov 21, 2013
  • Wrong: Has the Dollar Really Lost 97% of Its Value? http://t.co/7F70Kximt0 It has.lost as a store of value, u should not b forced 2invest $$ Nov 20, 2013

 

Retweets, Replies & Comments

 

  • “Part of the solution is to define taxable income right, so that taxation cannot be deferred.” — David Merkel http://t.co/QhIBrsytRk $$ $SPY Nov 21, 2013
  • “I don’t have an opinion on the Kennedy assassination. I do believe that old men like Castro like to…” — David Merkel http://t.co/UrsN3m1N8D Nov 21, 2013
  • “I lose. You lose. He, she & it loses. We lose. You all lose. They lose.” — David Merkel http://t.co/WX6QxWHlfR $$ Yellen confirmed. Nov 21, 2013
  • “Rating agencies are only capable of dealing with financial instruments that have gone through a…” — David Merkel http://t.co/Zbx1A5leXm $$ Nov 18, 2013
  • “Few banks bought insurers, and few insurers bought banks. By the time the meltdown hit, Citi had…” David Merkel http://t.co/sfhWR9NnSf $$ Nov 18, 2013
  • “Would be better if the male saved up gold to give to the woman in trust. It would help protect…” — David Merkel http://t.co/vPsYiOWg1c $$ Nov 18, 2013
  • “You can never eliminate all risk. Never, but let’s do our best.” — David Merkel http://t.co/v5oMKRvCuj $$ Article: http://t.co/yFf1SIFq2w  Nov 18, 2013