• Probable RT @moorehn: Because I’m pretty sure John Reed was super-excited to bust Glass-Steagall until Sandy Weill outsmarted him. Jan 31, 2012
• RE: @finadd I think the US has two possible ways out with $AIG. Take control, break it up, and auction off the piece? http://t.co/RjjxqMpG Jan 31, 2012
• Modern version of the Roman Empire: the Greeks resume their role as slaves; sadly, they don’t regain their position as intellectuals $$ 😉 Jan 30, 2012
• Germany Wants Veto Power Over Greek Budgets http://t.co/7PmugGmy “odds would favor Greek politicians rebuffing Merkel?s power move” $$ Jan 30, 2012
• Corporate cash hoard screams ‘buy’ for investors http://t.co/mVtjHeey Not so. Large amounts of excess cash rarely get used well $$ #paydivs Jan 30, 2012
• Why Tech Stocks Look Better?Even 4 the Risk Averse http://t.co/HOA9QqIX Valuation, Volatility, Financial strength & Low expectations $$ Jan 30, 2012
• Spanair Collapse Puts Europe?s State Airlines on Alert http://t.co/XGrgHnbt Too much capacity & govts strapped, can’t bail them out $$ Jan 30, 2012
• Greek Debt Talks Risk Derailing EU Summit Plan http://t.co/7B83ydbn Any relief will b temp; how much sovereignty r they willing to lose $$ Jan 30, 2012
• Are Pension Forecasts Way Too Sunny? http://t.co/J9NLBgl9 They assume the weather of Hawaii while their clients live in Alaska. $$ Jan 30, 2012
• Weaning Off ‘Alternative’ Investments http://t.co/kbViW06T Alternative became faddish & overused, now SC pensions reduces exposure $$ Jan 30, 2012
• The Coming Tech-led Boom http://t.co/upoH7PoK Overly optimistic in my opinion, but does give a decent feel for where growth may come $$ Jan 30, 2012
• Just Too Much Money http://t.co/QBltc7em Tough for companies to use a lot excess cash wisely, so valuation suffers. $$ #paydividends Jan 30, 2012
• Money From MF Global Feared Gone http://t.co/iflSoXDJ Saying the money is gone isn’t news; acctg is double entry, this can be tracked $$ Jan 30, 2012
• The fundamentals behind strong HY fund flows http://t.co/MUMwnX7J There seems to be a lot of retail money chasing yield at present $$ Jan 30, 2012
• Thanks, James, I’ll give it serious thought, as I have been approached to write a book on Value Investing. http://t.co/D0J7puh3 Jan 30, 2012
• Time to ride the commodity bull http://t.co/Awnruk2F I’m less certain here, this looks like a rally by specs, not from end-user demand $$ Jan 30, 2012
• Hedge Funds Lift Bets to Two-Month High as Rally Accelerates: Commodities http://t.co/HuPyLVV7 Interest coming from specs, not hedgers $$ Jan 30, 2012
• Living In A QE World http://t.co/HIqfrZp5 The degree to which central banks around the world are printing money is unprecedented. $$ Jan 29, 2012
• I get a special enjoyment out of cutting up an AARP card after they mail one to me or my wife. I do not agree with the intergenerational war Jan 29, 2012
• Yes! RT @Convertbond: There’s only one @rcwhalen must follow Jan 29, 2012
• Francis Fukuyama on the Financial Crisis http://t.co/3WaRPv66 Five good books on the crisis; I’ve read 3 of them. Well-done Q&A. $$ Jan 29, 2012
• Amazon’s Hit Man http://t.co/mBzIFjGb Larry Kirshbaum was the ultimate book industry insider?until $AMZN called. Industry disruption here. Jan 29, 2012
• Taking Your Pension Private http://t.co/1lwRZSHG Consistent cash flow & want to shelter a lot of $$ from taxes? Set up your own DB plan. Jan 29, 2012
• Inflation and the central banks? new paradigm http://t.co/C6kM8rTG Base money eventually turns into price inflation after 5-10 years $$ Jan 29, 2012
• Two articles from the Economist on Private Equity http://t.co/sOCGpsB2 & http://t.co/4ldGEIbT Returns r not high 4 current vintages $$ Jan 29, 2012
• What You Can Learn From Mitt’s Tax Return http://t.co/0ODXKrLX Clever tax planning, plus playing it conservative to avoid audits $$ Jan 29, 2012
• Sumup Yr Inv Philosophy 10 Words? http://t.co/EOntUSQT Margin of Safety. Understand Industries. Analyze Cashflow. Buy Quality. Rebalance Jan 27, 2012
• A Wave of Sovereign Debt Defaults and High Inflation Would be Normal, suggest research from Rogoff and Reinhart http://t.co/2Ot0ExaA Wow $$ Jan 27, 2012
• A less opaque Fed will become boring http://t.co/Ul8sA3Jn Reads like the author wants to do Bernanke’s authorized biography $$ Jan 27, 2012
• The End of Japanese Mercantilism http://t.co/KKpGsCHR Ends not with a bang but a whimper. But will it be the same for China? $$ Jan 27, 2012
• Investors Abandoning Copper, Cotton, Crude http://t.co/gFXJ6LeG Often after price peaks, volumes reduce, specs don’t have one-way bet $$ Jan 27, 2012
• Greek Debt Wrangle May Pull Default Trigger http://t.co/XwNISUaH Collective Action Clause may allow CDS 2 trigger, avoids outright default Jan 27, 2012
• New York Times Co. Faces Leadership Vacuum http://t.co/WT2c6m5y $NYT core business has continued margin pressure from loss of ad revenues Jan 27, 2012
• Maybe the trading robots hit a feedback loop. http://t.co/tFCcFi6l Jan 27, 2012
• Words Not Spoken in Obama State of Union Address Speak Volumes, Too http://t.co/Tghox7qE Education, Public Pensions, Entitlements, Fgn pol Jan 27, 2012
• Smurfs Get Caught Short as $JAKK Toy Takeover Seen 4 20% Less http://t.co/3aladAYA @reformedbroker: Smurf Alert & profitability stinks $$ Jan 27, 2012
• Innovate Without Mercy Is Lesson of RIM http://t.co/tcF4AL0a Engage in creative destruction of your own company, or someone else will $$ Jan 27, 2012

Every 100 posts, I breathe a deep breath and try to catch up on where we have been.? It’s not always easy for me; I write about so many different issues, and I shift in response to changes in the markets.

So, where have we been?

• Discussing finding jobs in the shrinking field of finance (one, two)
• Analyzing Gross Domestic Purchases
• Controversial articles — The Retirement Bubble, Occupy Your Time Productively, A Large Middle Class Isn?t Necessarily Normal
• On failed asset managers — We Eat Dollar-Weighted Return, Another article on IRR in investing (here)
• Posts on social media — (one, two)
• Value investing (One, two, three, four, five, six, seven)
• Debunking myths on the crisis, Understanding the crisis better, 2011 Financial Report of the US Government
• Bubbles (here)
• Went to the Cato Institute’s Monetary Conference, and blogged for them. More on monetary policy: On Opaque Transparency
• Pension issues (here)
• Dropping in on high pressure sales pitches.
• Dissing penny stocks (one, two)
• Behemoth investing (one, two)
• The Gold Medal Gold Model, and related (one , two, three)
• My entry in the Baltimore Business Review — Returns on Equity Amid the Financial Crisis, Redux & Returns on Equity Amid the Financial Crisis
• Posts in the “Rules” series. (28, 29, 30)
• Reverse-engineering ECRI’s Weekly Leading Index — On Predicting the Future
• On the need for financial intermediation

In the long run, I think willingness to cover a wide number of investing issues is an advantage my blog has, though if I were in the shoes of my readers, perhaps I would want more predictability.? Not all of my articles interest all of my readers.

And, sometimes I write stuff that angers others.? That’s not my intent.? That happens every now and then because I write about controversial topics that are currently disputed.? I don’t aim for this sort of thing.? I could write a blog that always focuses on the crisis — many blogs do that, good for them, but I want have a broader range of expression.? There is danger, but there is also opportunity.? Both need to be written about.

After all, what if things go right, even if it is not due to government policy, but in spite of it?? We need to be open-minded enough to accept and understand when something good is happening.

So, I try to write about a wide number of things that interest people who care about economics, finance, and investing.? I would rather be a teacher than a tout.? I do not enjoy articles that tout stocks.? I assume by now that my readership is that way as well.

In the next few months, a website for my business, Aleph Investments, LLC, should be operational.? I will let you know when it is up, but people wanting information about what I do in investing can simply e-mail me here.

Thanks to all who read me.? I appreciate that you take your time to read what I write.? I personally know that my writings are not all stellar, and so I thank for bearing with stuff that is drivel.? Drivel is not my goal, but if you want to write 5-7 times a week, you will write some drivel.

Constructive criticism is invited here, as well as advice on what areas you would like me to cover.? Let me know, and I will factor it in.? May the LORD bless us all in 2012.

• Stinks RT @s_m_i: RT @hedgefundinvest: RT @financialpost: Twitter to censor content in some countries http://t.co/zhnzV1Qo Jan 27, 2012
• When the Reps win, wants 2b FedChair RT @pdacosta: Fed activism harms US growth, former Fed board governor Warsh says http://t.co/Tht5YyHi Jan 27, 2012
• I’m different. I gained my net worth little by little through investing, and have kept it. My wife is glad she married me, and not my friend Jan 27, 2012
• that I made to him in March 2009, with stock conversion rights. Many entrepreneurs r this way; they are not geared to preserving wealth. $$ Jan 27, 2012
• An example: I have a friend who is presently very wealthy. He has nearly gone broke four times in the last decade. Pays me 13% on a loan + Jan 27, 2012
• Angry about inequality? Don?t blame the rich. http://t.co/CV0GE1Gg Being rich is more fluid than most think. Rise fast, fall fast 4 many $$ Jan 27, 2012
• Apple’s Dirt-Cheap Stock and the Fiduciary Theory of the Firm http://t.co/DtV2kK7P Me: Risk of tech obsolesence & mkt saturation -> low PE Jan 27, 2012
• @Nonrelatedsense That’s funny. I didn’t see that because my browser blocks pop-ups. Jan 27, 2012
• The chase for yield is on http://t.co/ISJ6MmLx High yield market looks a little frothy now. 73% of all HY CEFs trade at a premium to NAV. $$ Jan 27, 2012
• Risk Bites Back: Lessons Learned From The Harvard Endowment http://t.co/Ch4s7jbP Similar to my article: http://t.co/Ycu95PCU Guard liquidity Jan 27, 2012
• At minimum, desirable asset classes must be chosen and given weights. Then adjustment strategy; rebalance vs momentum. These invlv forecasts Jan 27, 2012
• Tactical Management and Flawed Forecasting http://t.co/2VWePjbf All asset allocation implicitly involves a forecast. Jan 27, 2012
• US Sovereign Debt Tipping Point Scenarios, Symposium by George Mason University http://t.co/QDFe1BJP 5 scenarios, but I can think of more $$ Jan 27, 2012
• Tin Gains as Prospect of Low Fed Rates Boosts Speculation of Higher Demand http://t.co/zYYQXHVM I think the correlation is rather tenuous Jan 27, 2012
• The GOP Goes MAD http://t.co/F7CoZQBl The candidates go thermonuclear, but the party itself may get hit. Lotta mudslinging going on $$ Jan 26, 2012
• @groditi Yes, and Vale tried to strike some deal w/the Chinese to lessen the pain, and the Chinese stiffed them Jan 26, 2012
• New Jersey Pensions Earn 1.7% in 2011 http://t.co/8vHP7Ok7 Add in the effects of low interest rates & funding levels fall considerably $$ Jan 26, 2012
• One Third of New Yorkers Can?t Retire http://t.co/o8VFsw2v This is not news; a lot of people did not plan well, compounded w/no interest Jan 26, 2012
• Merkel Masters Markets With Euro Austerity Mollifying Investors http://t.co/DSrJaAFZ She seems to be getting her way, bit by bit $$ Jan 26, 2012
• Gingrich Attacks Romney Over Swiss Account http://t.co/AXzEC9ij Populism is a dangerous thing to swallow; read the warning label first $$ Jan 26, 2012
• The squeeze on dollar funding in the Eurozone continues http://t.co/BZxSdJOc Will probably continue the demand for USD swap lines by ECB $$ Jan 26, 2012
• US Banks Face Pressure on Margins From Fed Policy http://t.co/yzXGroUm Flat front end of yield curve steadily crushes interest margins $$ Jan 26, 2012
• No Slower Steaming as Container Lines Run Like Clippers http://t.co/N9G7Ltgu This one made me pause. The shipping glut has funny effects Jan 26, 2012
• Deteriorating employment situation in France http://t.co/EuTX0Go0 A clear sign of deteriorating economic conditions in the E-Zone as a whole Jan 26, 2012
• Uralkali Ready to Cut Potash Output to Shield Price http://t.co/yqPjHQEZ Potash producers cutting production globally; can’t b good 4 Agri Jan 26, 2012
• ?Stop-Newt? Republicans Confront New Base http://t.co/UZEdELQr This ain’t your Father’s Republican Party. Less of a party more of a fracas Jan 26, 2012
• The Real Margaret Thatcher Story http://t.co/Ul6dyr3N “Lesson: governments cannot permanently live beyond their means had been learned.” Jan 26, 2012
• More Drones, Fewer Troops http://t.co/D94fBRsm This doesn’t look smart to me, & makes America look like more of a empire than it is. $$ Jan 26, 2012
• @The_Analyst After Great Depression the Flubs were established by the Flub Act of 1932 – provide funds 2 “building and loan” institutions $$ Jan 26, 2012
• Egypt Bans LaHood, Other Americans From Leaving http://t.co/SVz5DBAn Military alleges foreign nationals are sowing dissent among masses Jan 26, 2012
• Banks Hoarding ECB Cash to Double Company Defaults http://t.co/TPPvb33z European companies needing liquidity are not getting it from banks Jan 26, 2012
• Ron Paul, the Fed and the Need for a Stable Dollar http://t.co/fwTrW2B3 Fed policy hurts savers aids government. Policy stability needed Jan 26, 2012
• 2 bright ladies who know bonds RT @cabaum1: I’ll be opining on Fed folderol w/ my pal @Kathleen_Hays on WBBR’s Hays Advantage @12:45pm today Jan 26, 2012
• @munilass It’s been fun 4 us. I hope u have an even better time of it. Jan 26, 2012
• @munilass My wife says that u forget the pain w/the joy of the child. We also have 5 adopted kids; youngest turns 10 soon. Life changes fast Jan 26, 2012
• @munilass My sympathies. Having a baby is wonderous, though I always pitied my wife during her 3 deliveries. Hope it goes well for u & baby. Jan 26, 2012
• @SoberLook Thanks. Appreciate your blog. Jan 26, 2012
• @interfluidity Thanks. Many thanks. Jan 26, 2012
• @interfluidity Thanks, I appreciate it. I always wonder at myself when I get too hard. Jan 26, 2012
• @interfluidity Thanks. I am not trying to beat up on Bernanke, as much as trying to point out the inconsistencies involved in his policies. Jan 26, 2012
• @PlanMaestro Not sure, I am imitating @HistorySquared, who I appreciate. Aside from that, a number of readers asked for it. $$ Jan 26, 2012

• They may not have meant to publish it, but the results don’t seem too earthshattering — … http://t.co/MkmCtxnJ Jan 25, 2012
• @Convertbond He was 1 of my professors @ Hopkins, & the only 1 w/a consistently free market viewpoint; Talked w/him @ http://t.co/k4mL15rp Jan 25, 2012
• India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned http://t.co/ZRmnIjOz @JamesGRickards sounds like Ch 1 $$ Jan 25, 2012
• Bears gone wild! http://t.co/s0mvx9LK What does it mean when bears get less pessimistic? Do we rally, or do things fall apart? Or both? $$ Jan 25, 2012
• Retail in the Age of the Internet http://t.co/4wovantW Difficult 2c how the internet doesn’t change retail; has changed so many things $$ Jan 25, 2012
• What Makes FPA Crescent Tick? http://t.co/ngisagdY A lot to learn from businesslike clever managers who insist on a margin of safety $$ Jan 25, 2012
• You don?t WANT to be making iPhones, really http://t.co/cvG1rVqJ Baruach of Ultimi Barbarorum sets the record straight on manufacturing $$ Jan 25, 2012
• The end of mutual funds is coming http://t.co/V9FhizVt @reformedbroker on the coming dominance of ETFs in 2022. My take in a comment below. Jan 25, 2012
• The Pimco Premium?Totally Gross? http://t.co/QXBqRSpH Amazing what premiums to NAV some junk CEFs run by Pimco get up to. $$ >+70% Jan 25, 2012
• Mitt Romney’s SOTU Challenge on the Mortgage Crisis http://t.co/xeTaeswA “u recognize the distress, u take the loss & let people reset.” $$ Jan 25, 2012
• @MebFaber @onetwoko @The_Analyst Good stuff. I’ve written similar from both equity and debt perspectives. Alternative: NGDP growth+1% $$ Jan 24, 2012
• @valuewalk yeh, especially for the highly compensated in private DB plans, b/c the PBGC limits the coverage any one person gets. $$ #ouch Jan 24, 2012
• Examples: Autos and Telecom Bonds back in 2000, MBS (Esp non-GSE), GSEs, CDOs and finance 2007. Today? Governments. The poison of AAA/AA $$ Jan 24, 2012
• It is usually wise to avoid investing in the largest or fastest growing sectors and subsectors in debt markets; boom presages a bust $$ Jan 24, 2012
• @valuewalk Yes, that’s right, and the standards for that are squishy. Funny that life co acctg has 2b conservative, but not DB pensions $$ Jan 24, 2012
• @The_Analyst Been writing about this off and on for the last 20 years in various forms. Sadly, doesn’t get traction because it’s complex $$ Jan 24, 2012
• @The_Analyst yeh, especially since ERISA doesn’t apply to state & local DB plans; beneficiaries have 2 rely on protection from local laws $$ Jan 24, 2012
• @The_Analyst There are no actuarial assumptions police for DB plans. W/private corps, the auditors can object (though they rarely do) $$ Jan 24, 2012
• The Real Problem With the Global Bond Markets http://t.co/rYHw673u Catch my comment here: http://t.co/UCkhtXZx $$ Jan 24, 2012
• CalPERS 2011 return below its assumed rate by 6.65 percentage points http://t.co/GDoBD6H2 Gets worse when you count in the fall in int rates Jan 24, 2012
• Rob Arnott is doing enhanced indexing. So do most bond indexers; they match broad characteristics of the index, and … Jan 24, 2012
• RE: @valuewalk Someone send the memo to Soros: http://t.co/ShMY4LWN http://t.co/6oA7kfMR Jan 24, 2012
• New from Aleph Blog Against Simple Valuation Metrics: There have been a lot of articles dealing with use of corp… http://t.co/PaZElTUQ Jan 24, 2012
• The new American divide http://t.co/lOmLT2xs Working class falls further away from marriage & religion & upper class becomes more isolated Jan 23, 2012
• We Found Bin Laden So Now We?re In Search of Yield http://t.co/4veqJ6xB Y Buffett likes consistent $$ to flow from subs, but he pays no div Jan 23, 2012
• The biggest Mark to Model error in the country http://t.co/Tgi5DVx7 ?Price indexes are more an art than a science.? Manipulable indeed. $$ Jan 23, 2012
• How executives spend their company?s cash http://t.co/4xadWZqy Buybacks tend 2b procyclical; economically rational w/b countercyclical $$ Jan 23, 2012
• Europe Stocks Cheapest to US Since ?04 as Net Rises Amid Recession Worry http://t.co/54ajiIQD Worth kicking the tires on nonfinancials $$ Jan 23, 2012
• Generals have led the US three times already — Washington, Grant, and Eisenhower. That i… http://t.co/9w9C3AM2 Jan 23, 2012

• This applies more to private equity than hedge funds.? Adjust the headline. http://t.co/Zy4kRVlg Jan 21, 2012
• Economists: A Profession at Sea http://t.co/86wZognH Too much math, & not enough knowledge of how people, business & finance really work $$ Jan 21, 2012
• Clever article $$ RT @srussolillo: A Standard, and Poor, Way of Investing http://t.co/mRr6rlve via @WSJ Jan 21, 2012
• Collateral squeeze as strong as ever, Icap says http://t.co/v4QZvndP The big Draghi LTRO reduces repo rates & reduces repo volumes $$ Jan 21, 2012
• Deutsche Analyst Sounded Alarm When Asked to Alter Numbers http://t.co/kPBGzk3o The pressure to get AAA ratings may have led to cheating $$ Jan 21, 2012
• Investors plowing money into farmland ? but could come a cropper http://t.co/129i3pbR With all of the debt being applied, likely a bubble $$ Jan 21, 2012
• I would not be quick to criticize all hedge funds off of this.? Most investors are trend-followers, and this affects ? http://t.co/50fK1lG8 Jan 21, 2012
• point counterpoint http://t.co/VerP28OY @researchpuzzler explains why many investment organizations need a process for challenging theses $$ Jan 21, 2012
• More myths around Greek CDS trigger risk http://t.co/PH8s3iwB @soberlook sets the record straight; risks are lower than most think $$ Jan 21, 2012
• Your Inner Beardstown Lady http://t.co/QKPIopWf We all need to feel good about our investing, so we systemically overestimate our returns $$ Jan 21, 2012
• How the Fed defeated President Truman to win its independence http://t.co/srUcFrKq Independence squandered by Greenspan & Bernanke $$ Jan 21, 2012
• RT @maoxian: For every ~5000 followers you should be on ~350 lists. Easy to calculate number of fake followers on Twitter with the follo … Jan 20, 2012
• About Rising Inflation, Please Remain Worried http://t.co/u8tIk0RA Maybe someone should suggest 2Krugman the fiscal multiplier is negative Jan 20, 2012
• Global Deleveraging – You Are (Not) Here http://t.co/J4rCGvGL US only 1/3 of the way to Swedish levels of deleveraging $$ ht @historysquared Jan 20, 2012
• RT @historysquared: Japan’s turn, or another false start. $USDJPY http://t.co/0ncucYLE $$ Which straw will break the camel’s back? #crunch Jan 20, 2012
• Japan, Spain & France go up $$ RT @historysquared: Debt & deleveraging: Uneven progress on the path to growth http://t.co/sj3cljZU #ouch Jan 20, 2012
• Portugal to need “debt haircut” as economy tips into Grecian downward spiral http://t.co/F40Huo5a Just when you thought Greece was all $$ Jan 20, 2012
• Shilling says new global recession is here http://t.co/hWEMiSkg Europe leads downturn, US poised for milder decline; he suggests long Tsys Jan 20, 2012
• RT @herbgreenberg: JP Morgan today: “We are currently witnessing THE LARGEST DROP IN REALIZED CORRELATION IN THE HISTORY OF THE US MARKE … Jan 20, 2012
• Governments in a Hole as Land Sales Plummet http://t.co/pJA2dZN7 Local govts in China rely on land sales 2 fund budgets, slowdown bites $$ Jan 20, 2012
• Further Thoughts on Real Estate?s Impact on GDP http://t.co/86NwJQ6S 0% growth in property investment could push China into ?hard landing? Jan 20, 2012
• Retiree Imbalance Underlies Filing http://t.co/thdWL5sw Re $EK, always easier 2 offer more benefits, play w/assumptions, pay no $$ cost Jan 20, 2012
• Three of a Kind http://t.co/YV57WRl5 Debt ceiling issues; Corporations lobby, get subsidies & pay no taxes; cost savings in Medicare, not $$ Jan 20, 2012
• Corporate Debt to Surge in Sweden as Bank Credit Dries Up http://t.co/11mDdeYP Rising bank capital requirements reduce lending, +bonds $$ Jan 20, 2012
• Students Shift to Computer Science http://t.co/cYPCTqwO Computing now penetrates into most lines of business and academic discipline $$ Jan 20, 2012
• ITU Global Market Data http://t.co/VsUK6MEE Cool graphic showing the global growth of wireless & broadband over the last 10 years $$ #cool Jan 20, 2012
• Army Foresees Expanded Use of Drones in US Airspace http://t.co/atcbzCmW Aren’t there some civil liberties issues here? Posse comitatus? $$ Jan 20, 2012
• Housing Inventory Ends Year Down 22% http://t.co/xNbdrJkq There is a lot of dark supply out there, waiting to sell when prices rise $$ Jan 20, 2012
• RE: @bloombergview It also perpetuates malinvestment.? We overinvest in housing and banking in the US, to the detrime? http://t.co/2yLTBqH5 Jan 20, 2012
• @D_T_A_F In 1988, I read The Media Lab: Inventing the Future at M. I. T. http://t.co/orSrsFsa Xerox lost a lot, I learned a lot, great book Jan 20, 2012
• New from Aleph Blog The Rules, Part XXIX: Risk premiums should never be capitalized, they should only be taken i… http://t.co/rrhWkItf Jan 20, 2012
• New from Aleph Blog On Predicting the Future, Redux: From a reader, ptuomov:If you run a regression of the magen… http://t.co/MGBbnUAq Jan 20, 2012

• 222 Years Of Long-Term Interest Rates http://t.co/o0qYWoTf It’s always the same; it’s never the same. When long rates will rise is a mystery Jan 19, 2012
• Don?t become the next Kodak http://t.co/XCJAUb3s $EK actually developed the 1st digital camera, and dismissed it. Ignored Fuji too $$ #dumb Jan 19, 2012
• Kodak Says Tech Firms Pushed It Into Chapter 11 http://t.co/que2uw63 $EK relies on the kindness of strangers; blames them 4 demise $$ Jan 19, 2012
• Cat bond market bounces back in January http://t.co/TIvZpNMe Insurers looking 4 shelter from what could b another tough year 4 claims $$ Jan 19, 2012
• Congress?s Benefits Add to $674B Pension Gap http://t.co/dD58E6NA & http://t.co/Zvpch4Gi Congress’ Pension Math Doesn’t Add Up $$ #debt Jan 19, 2012
• China No Match for Dutch Plants as Philips Shavers Come Home http://t.co/LrkcOj04 Product engineer in Shanghai same cost as in Drachten $$ Jan 19, 2012
• Soros Proves Nothing Rotten in Denmark as Home Financing Excels http://t.co/ShMY4LWN Did not calm me; reasons 4 past success r past $$ Jan 19, 2012
• 13 Signs of a Bull Market http://t.co/Tn7FAY2A The market reacts positively to bad news. Defensive sectors underperform. And more $$ Jan 19, 2012
• Chinese foreign exchange reserves shrink http://t.co/S2sMHb9V Shrank in 4Q2011 for the first time in more than a decade. $$ Jan 19, 2012
• After half a century of trade surpluses, Japan is now in deficit http://t.co/H4T4ZqNb Still a current account surplus because of invt earns Jan 19, 2012
• Apple expected to delve into textbooks http://t.co/BKtLcm0Z Can $AAPL can cut the costs in this anti-competitive area? $$ #overpriced Jan 19, 2012
• In France, vintners erase a notorious past http://t.co/89sa3Dva Renaming French wine region rescues them from undue nuclear waste taint $$ Jan 19, 2012
• Bet the house: why the FHA is going (for) broke http://t.co/80FO8wXg FHA repeating the loose lending standards of Fannie & Freddie in 2000s Jan 19, 2012
• New from Aleph Blog Should I Invest or Save?: ?Should I Invest or Save??An easy question, not.? First, I need to… http://t.co/mBI62tYx Jan 19, 2012
• New from Aleph Blog What?s Up? What?s Down?: I can?t remember who gave me this idea, but sometimes I troll throu… http://t.co/JAdXbKQT Jan 19, 2012
• @real_taxloss No surprise. They have been clueless for the last 25 years. Even as a grad student, I wondered at them milking their monopoly Jan 19, 2012
• Long and Variable Lags Between Money Supply and Inflation Dupes Economists http://t.co/5vrJUzE9 Monetary base drives inflation over 5-10 yrs Jan 19, 2012
• What?s Going Down ?Down Under?? The Case for Shorting Australian Dollars http://t.co/b5lvUUIk Central Bank lowering rates, asset bubble $$ Jan 19, 2012
• The Hidden Cost of Free Money http://t.co/hdw3gqxO Yield cv favors Borrow short, lend long on MBS. Arb will flip if/when short rates rise $$ Jan 19, 2012
• @groditi I own HMC for clients. What do you think is most attractive here? Jan 18, 2012
• @groditi I kinda knew that, but fewer cars r dying from rust than in the past. Large variety of car ages on the road. Jan 18, 2012
• Greece, China and the USA http://t.co/48nSUg6G Greek Diaspora is in full swing. China cement capacity half of world capacity. & more, wow $$ Jan 18, 2012
• It?s Early But S&P 500 Earnings Beats Are Less Common; Nobody Seems To Care http://t.co/ZP3JtxWF We got our rally hats on! Who cares! 😉 Jan 18, 2012
• The great Australian bond run http://t.co/MePO8FK1 Decided not to let AUD appreciate -> low rates -> asset bubble. Import loose $$ policy Jan 18, 2012
• The Book On Mitt Romney: Here Is John McCain’s Entire Opposition Research File http://t.co/i3WAsOYo I guess MR could b a chameleon on plaid Jan 18, 2012
• Is Egypt Running Out of Money? Ask Cairo Drivers http://t.co/Y3TBSu9D Enormous lines @ Egyptian gas stations due2 fuel delivery cutbacks $$ Jan 18, 2012
• MIT Economists Running Central Banks http://t.co/5AbMGuDn Didn’t c the great recession coming, why should we expect them to c inflation? $$ Jan 18, 2012
• Auto Plants at Capacity, Buoying U.S. Economy http://t.co/5ZwJhKfX Pretty optimistic on autos. Wonder how sustainable it is. $$ #vroom Jan 18, 2012
• European Hedge Funds Line Up Bets on China Downturn http://t.co/OSkAoRxq Bets getting a little thick here, could there b a shakeout coming? Jan 18, 2012
• New fund flows and limited supply provide support to the muni market http://t.co/3wuD5WRF Muni finances slowly improving except retiree bfts Jan 18, 2012
• Canada’s Housing Bubble About to Burst? http://t.co/OaCYVzeX & http://t.co/dzBX9KEY Keeping currency cheap induces low rates &asset bubble Jan 18, 2012
• http://t.co/QQyG3IkE A prospectus, please, with risk factors… touting the good bits is not appreciated. Jan 18, 2012