Monetary Policy

 

• The theory of money entanglement (Part 1) http://t.co/zfCM2rPxBx The effects of monetary policy vary w/finl institutions need for credit $$ Dec 20, 2013
• Repo market as a form of free banking http://t.co/4m3PSuFViG? @isakaminska describes a hybrid credit system where central banks r weak $$ Dec 20, 2013
• Why Do So Many People Hate QE? http://t.co/ZpcQhSrSpH Basic reason is fairness. Y can the Fed create credit out of thin air, & we can’t? $$ Dec 19, 2013
• Visualizing the Fed | The Big Picture http://t.co/J7K15MIDdZ @ritholtz shares a cool interactive graphic on the Fed’s Balance Sheet $$ $TLT Dec 19, 2013
• ‘Was The Fed A Good Idea?’ How Cato Cleans Keynesian Clock http://t.co/qaalFGBvML Economies grow faster when currency stores real value $$ Dec 17, 2013

?? TIPS Wipeout Signals Fed Losing Fight Against Disinflation http://t.co/3GeeSDpZAv Implied inflation rising across TIPS curve $$ $TIP $TLT Dec 17, 2013

 

FOMC & Data

 

• Fed Seen Tapering QE in $10B Steps in Next Seven Meetings http://t.co/gvmopTBufm Y do economists assume that things follow a simple path? $$ Dec 20, 2013
• Fascinating Bernanke can call Fiscal policy restrictive when deficit huge & shrinking a little, doesn’t apply same logic 2 LSAP shrinking $$ Dec 18, 2013
• FOMC Central Tendency for Fed funds rate 2013-6 &long-run 0.25%, 0.34%, 1.06%, 2.18%, 3.88% Change 0.00%, -0.06%, -0.19%, -0.09%, -0.04% $$ Dec 18, 2013
• FOMC Central Tendency for Fed Tightening — January 2016, 25 months away vs 27 last September, one month further out $$ Dec 18, 2013
• FOMC Central Tendency for PCE Inflation 2013-6 & long-run 0.99%,1.52%, 1.79%, 1.87%, 2.00% Change -0.21%, -0.01%, -0.10%, 0.00%, 0.00% $$ Dec 18, 2013
• FOMC Central Tendency for Unemployment 2013-6 & long-run 7.05%, 6.45%, 5.91%, 5.53%, 5.54% Change -0.11%, -0.13%, -0.12%, -0.10%, 0.04% $$ Dec 18, 2013
• FOMC Central Tendency for real GDP 2013-6 & long-run 2.27%, 2.91%, 3.09%, 2.83%, 2.25% Change 0.14%, 0.00%, -0.07%, -0.05%, -0.09% $$ Dec 18, 2013
• Someone ask Ben Bernanke if they would issue fed funds at longer terms/tenors Dec 18, 2013
• @AlephBlog wrong again, David — decrease of $10B, $5B each of Treasuries and MBS Dec 18, 2013
• @AlephBlog sorry — $5b/month change Dec 18, 2013
• RT @NickTimiraos: MBS issuance has plunged since Sept, so a $5 billion taper of MBS doesn’t mean the Fed will decrease its *share* of MBS p? Dec 18, 2013
• Statement Regarding Purchases of Treasury Securities &Agency Mortgage-Backed Securities http://t.co/97DNRGXJFQ Pares MBS buys by $10B/mo $$ Dec 18, 2013
• An Opiate for Underachievement: Bernanke Says Fed in ?Finest Hours? Stood Up to Pressure http://t.co/soQDjBHZea Rather, they caved & hid $$ Dec 17, 2013
• The One Thing Bernanke Must Not Do Tomorrow http://t.co/AvDcElOHTY Saying & not doing loses credibility 4the Fed. Don’t say wut u wont do $$ Dec 17, 2013

 

Companies & Industries

 

• The Buffett difference, derivatives edition http://t.co/5VUI7WxOUB Soft collateral reqs, tolerated earnings vol, bot in size w/variety $$ Dec 20, 2013
• Target Data Breach Has Become a Card Data Fire Sale http://t.co/jUxgOpv7SP B especially wary here because it can b used as a debit card $$ Dec 20, 2013
• Buffett’s massive wind-power order shows wind energy becoming cheaper http://t.co/0lOSGp3NQi Wind power becomes economical, end subsidies $$ Dec 20, 2013
• Facebook Is Selling Stock For Some Reason http://t.co/x9LsnLUMNb $FB makes it easier 4 index buyers to get shares as it enters the S&P500 $$ Dec 19, 2013
• Facebook, Zuckerberg to Sell Stock Worth Nearly $4 Billion http://t.co/B4joZJZYR9 Note $FB compny selling shares; not usually a good sign $$ Dec 19, 2013
• Regional Shippers Pose New Threat to UPS, FedEx http://t.co/RNUpcBrL3Y And USPS too. Regionals can get it there the next day $$ $FDX $UPS Dec 19, 2013
• AT&T Sells Wireline Assets To Frontier Communications http://t.co/or1n1lWqbD Interesting 2c $T sell off rural wireline customers 2 $FTR $$ Dec 18, 2013
• Gold Town Turns to Dust as Metal Decline Shutters Mines http://t.co/unN2Mi97A3 Life at high-cost mines is very cyclical. Boom-bust $$ $GLD Dec 18, 2013
• Dodge CVT Animation http://t.co/cfEWG0Y9jQ Cool 82-second video of how a continuously variable transmission works $$ $GM $F $TM $HMC Dec 18, 2013
• How Good Old Car Engines Got So Efficient http://t.co/hM5ZmjdXpK Most progress w/energy has come by using hydrocarbons more efficiently $$ Dec 18, 2013
• Delta Battles Tiny Upstart Airport http://t.co/HbalfXKYc3 B careful of small airports near big cities, u don’t want 2create the next $LUV $$ Dec 18, 2013
• Poor Americans Lead Movement to Abandon Landlines http://t.co/MmUfqiljPa Landlines r dying; I’m thinking of getting rid of mine $$ $SPY $VZ Dec 18, 2013
• Pizzerias Try to Apply Chipotle Formula http://t.co/afyCN5xi2u Creating Fast, Custom & Inexpensive 4 pizza; many r trying, who will win? $$ Dec 18, 2013
• Campbell Seen as Next Buffett Target Post-Heinz http://t.co/zryODDWpRs Likely wishful thinking; soup shrinking; PE high, no growth $$ $CPB Dec 17, 2013
• Wind Power Rivals Coal With $1B Order From Buffett http://t.co/WXJfEAHmrn Wind power gets competitive on price; can we end the subsidies? $$ Dec 17, 2013
• Google Just Bought a Mechinized Cheetah and Other Military Robots http://t.co/5ZO3XXzcNF 1st internet search now robotic world domination $$ Dec 17, 2013
• Google, Facebook Push to Control Web’s Pipes http://t.co/nmDzeospON Content companies want more control over their delivery over the web $$ Dec 17, 2013

 

Market Impact

 

• Three things long/short hedge funds cannot do (well) http://t.co/zyiE65FcAZ Manage risk, Short stocks on a systematic basis &stop trading $$ Dec 20, 2013
• Investors should abandon long-term commodity bets http://t.co/5rGgYXj5fy End of supercycle, no income, correlated w/equity returns $$ $GLD Dec 20, 2013
• DJIA Rises to Inflation-Adjusted Record High http://t.co/nseI2H9eF4 Closes at 16,221. Guess I have 2 eat my words: http://t.co/A6kJoniqG5 $$ Dec 20, 2013
• The FOMC- SCR Factors- Bullish SP500? http://t.co/pI3A04XM71 The TINA effect: TINA stands 4 There Is No Alternative.(to Stock investing) $$ Dec 19, 2013
• Investor Hunger 4US Corporate Bonds Signals Confidence http://t.co/PsCIMa25A9 Retweet after me:Credit spreads r free $$, credit spreads r… Dec 17, 2013
• Want to invest like Buffett? Here?s how http://t.co/3CIqNByFVU Focus on cheap, high-quality stocks w/moats, lever using ins float $$ $BRK-B Dec 17, 2013
• Corn Plummeting Spurs Talk of ?80s US Farmland Bust http://t.co/QoO5lVTXSx Will b interesting 2c how many recent buyers get inverted $$ $SPY Dec 17, 2013

 

Financial Sector

 

• US Credit Markets: US Lite Covenant: Freshness without Protection ? http://t.co/F2HguklHFM Credit protections getting worse 4 bank debt $$ Dec 20, 2013
• OCC believes banks might be gambling again http://t.co/lMG9YG24dj The OCC is seeing looser underwriting, reminds them of 2007 $$ #toosevere Dec 20, 2013
• Man Who Said No to Soros Builds BlueCrest Into Empire http://t.co/UNksM1mSvl Borrowed $750M to hire 25 equity mgrs 4 his hedge funds $$ $SPY Dec 20, 2013
• Secret Currency Traders? Club Devised Biggest Market?s Rates http://t.co/dtBfuqR48w There is no human system that cannot b gamed $$ $SPY Dec 19, 2013
• New Mortgages to Get Pricier Next Year http://t.co/oNfGLJeZCC About time F&F raised fees; dodgy mtges have much higher loss rates $$ $FNMA Dec 18, 2013
• Volcker Rule Shows Its Wide Reach http://t.co/MOZMjUFoj8 Securitized assets, when they default, most frequently default w/zero recovery $$ Dec 17, 2013
• First Volcker Victim? Zions Dumping Its Hedge Funds http://t.co/Kj8uYfltTn $ZION cleans up the trash w/now-sufficient capital $$ Dec 17, 2013

 

PPACA / Obamacare

 

• Obamacare Initiates Self-Destruction Sequence http://t.co/VkbqqPzMYb @asymmeticinfo asks what will Obama do next year on indiv mandate? $$ Dec 20, 2013
• Obama Lifts Health Mandate for Those With Canceled Plans http://t.co/aCYJLzaOZz Must b nice 2b able 2alter laws by presidential fiat $$ Dec 20, 2013
• More Obamacare Delays. Surprised? http://t.co/keWUsmLvay @asymmetricinfo thinks the law will survive b/c insurers benefit in long-run $$ Dec 19, 2013
• A Medicaid Bet in Wisconsin http://t.co/Ejgbmbd61B Scott Walker Says He Wants to Protect the Poorest; Critics Assail 4Not Taking US Funds $$ Dec 19, 2013
• National Lampoon’s ObamaCare Vacation http://t.co/Vzp636uMCW Interesting to hear how poorly Maryland is doing w/its healthcare website $$ Dec 19, 2013
• Half of Uninsured Say Health Law Is Bad Idea http://t.co/BEWOeZg1gK When those that u r trying 2 benefit don’t like it, u know it is bad $$ Dec 18, 2013
• Is Obamacare Really an Improvement on the Status Quo? http://t.co/Zc1umGhp1l More people lose insurance than gain it; status quo better $$ Dec 18, 2013
• Insurers Fight Hospitals’ Paying Premiums for Poor http://t.co/WnuoAo481T Hospitals pay to get sick people insured, so they can make $$ $SPY Dec 17, 2013
• Errors Continue 2Plague Government Health Site http://t.co/5j6OZRqkqZ Flaws Include Missing Customers & Erring Eligibility Determinations $$ Dec 14, 2013

 

Rest of the World

?

• Putin Bets $15B to Capture Junk-Rated Ukraine Vassal http://t.co/vjxhVcT8gv Rebuilding the USSR is tough work for a tough man to do $$ Dec 19, 2013
• South Sudan Rebels Take Key Town of Bor http://t.co/MMQumSSIHZ It’s in the center of the country, kind of a crossroads 4 commerce/travel $$ Dec 19, 2013
• Vatican Hires Global Firms to Modernize Communications, Accounting http://t.co/1CRwzMDbs8 Humility arrives at the Vatican, expertise 2 $$ Dec 19, 2013
• Russian Amnesty Includes Greenpeace as Well as Pussy Riot http://t.co/b8FNVgaQx6 Is Russia getting soft? 😉 Courting international favor $$ Dec 18, 2013
• Mom Can?t Visit Daughter as Airlines Shun Venezuela Cash http://t.co/1uds13LW3t Such is life 4those under currency controls; freedom goes $$ Dec 18, 2013
• North America to Drown in Oil as Mexico Ends Monopoly http://t.co/5bV35xIc7o Oil is no good to Mexico if can’t get it out of ground $$ #tech Dec 18, 2013
• South Sudan Puts Down ‘Attempted Coup’ http://t.co/19KfhoRdVJ A young nation, very experienced in corruption; attempted coup unsurprising $$ Dec 17, 2013

?

China

 

• China s Stealth Tightening? http://t.co/tuW7JvVhFI A new squeeze hits the China Interbank market & the authorities aren’t doing much $$ $FXI Dec 20, 2013
• Why Are the Chinese Scared of American Corn?? http://t.co/lEGbWgh2r4 Probably some Party bigwig who sells domestic corn complaining $$ Dec 19, 2013
• Can China Teach North Korea to Grow Up? http://t.co/J6Ba2jpzVz If N Koreans had as much freedom as the Chinese do, Kim would b overthrown $$ Dec 17, 2013
• China’s Cities Chop Down Hills for Industrial Land http://t.co/KTpYOwgXNK Wonder what the secondary effect will b from this terraforming? $$ Dec 17, 2013

 

US Politics & Policy

 

• The Trouble With Populism? It Isn?t That Popular http://t.co/RXSmHLDWTu All sorts of extreme positions, mine included, r never popular $$ Dec 19, 2013
• Republicans Block Symbolic Step to Extend Tax Breaks http://t.co/mxUZ31R7GZ Rationality. Maybe temporary tax breaks will b temporary? $$ Dec 19, 2013
• Obama?s own panel rips NSA spying on phone calls of Americans http://t.co/QYx1lJXLfc The consensus is that the NSA has gone too far $$ Dec 19, 2013
• John Podesta eats crow: ?I apologize to Speaker Boehner? http://t.co/XyCLBNrjWs Don’t blame Podesta, he just drank his own Kool-aid $$ 😉 Dec 19, 2013
• At 61 She Lives in Basement While 87-Year-Old Dad Travels http://t.co/KTF0YCOpWx Each generation does successively less well on average $$ Dec 18, 2013
• That’s the nature of all of the fixed payment plans devised by the “Greatest Generation.” They borrowed from children & grandchildren $$ Dec 18, 2013
• Top Democrats reject court ruling over NSA spying on Americans http://t.co/wnNGQmJwys Interesting 2c varying opinions in both parties $$ Dec 18, 2013
• Unmasking the Mortgage Interest Deduction: Who Benefits and by How Much? http://t.co/4PzAbpa7rs Benefits the well-off; end & balance bdgt $$ Dec 18, 2013
• Hidden Danger in Public Pension Funds http://t.co/lBgACsI12P Low Funded status, high amounts in risky assets, bonds offer little yield $$ Dec 18, 2013
• Disarming Surveillance http://t.co/70nAEtNTJA The opposite danger is that by snooping on others intensively they grow to resent the US $$ Dec 17, 2013
• NSA Phone Spying ‘Almost Certainly’ Unconstitutional, Judge Says http://t.co/cnqxDbGXrW Probably won’t b upheld, good 2try overturning $$ Dec 17, 2013
• The truth about the NSA’s bogus malware apocalypse http://t.co/nJ3hMCrcwq Most mass attacks r hard 2pull off w/any significant force $$ $TLT Dec 17, 2013
• In Bankrupt Detroit, the Bills Are Piling Up http://t.co/eJrX6tgIgO One tough part of a muni b/k – who gets paid & what r reasonable fees $$ Dec 17, 2013
• Accidental Tax Break Saves Wealthiest Americans $100B http://t.co/RU6y8vCNZc ?I?ve done a lot4 Democratic contributors,? he sez w/a smile $$ Dec 17, 2013
• Look How Easy It Is 2 Game Estate Taxes http://t.co/u3YGvZ491l Y the estate tax needs 2b replaced & income taxes disallow income deferral $$ Dec 17, 2013

 

US Economics

 

• GDP Grows 4.1% in Third Quarter, Biggest Gain Since 2011 http://t.co/tUCz0bQViw Guess I have to eat more of my words, US looks good 4 now $$ Dec 20, 2013
• Boomers as Retail Clerks Shows Y Greenspan Saw Low Growth Era http://t.co/phoiELeks2 Long good article how aging populace changes economy $$ Dec 19, 2013

 

Other

 

• Finished the #GoogleCrossword http://t.co/VtaoYkaQdt Haven’t done a crossword in years $GOOG #fun Dec 21, 2013
• Why Successful CEOs Get Fired http://t.co/KehYfcljKv Founding CEOs get fired when tasks get larger than them, &the board loses confidence $$ Dec 19, 2013
• Doctors Eye Cancer Risk in Uterine Procedure http://t.co/CD5OKwWs2I Grinding up fibroid in the uterus may increase the risk of cancer $$ Dec 18, 2013
• Top Products in Two Decades of Tech Reviews http://t.co/GQjGsMR1Xz Walter Mossberg’s last column @ WSJ; a joy 2 read, will still b on web $$ Dec 18, 2013
• Youthful Migrants Lured by Perks to Shrinking US Areas http://t.co/jxFNa41ftZ Promising idea to create urban jobs in rural areas $$ #winwin Dec 18, 2013
• How Dogs Might Protect Kids Against Asthma: Gut Bacteria http://t.co/HaWa0goqdn Fascinating that dogs may aid kids w/immunity to asthma $$ Dec 17, 2013
• Multivitamins Found to Have Little Benefit http://t.co/5o8jUZGkYc The controversy will continue; nothing this profitable ever dies $$ $SPY Dec 17, 2013
• Vonn Rivals Schuss From Slope to Boardroom for Funding http://t.co/GaJHLVAyob Olympians r little corporations seeking sponsors, donations $$ Dec 17, 2013
• Stocks That Still Have Perks http://t.co/k93IaeQlgl From discounts on cars&computers 2cruise bounty, here’s where 2find shareholder perks $$ Dec 14, 2013
• The Tsarnaevs and the Boston Bombing http://t.co/Pz8MxYQXEf A decade ago, WSJ reporter happened to befriend the Tsarnaevs- an inside view $$ Dec 14, 2013
• Mike Tyson Explores Kierkegaard http://t.co/n2mrAx1KuW Philosophy is a dead end; no truth to their views of existence, knowledge &ethics $$ Dec 14, 2013

 

Wrong

 

• Wrong: Bernanke: More Financial Reform May Be Needed http://t.co/gxitPtPQxb Dumb

comment from a guy who doesn’t understand how banks work $$ Dec 19, 2013

• What Bible is Pope Francis reading? http://t.co/EvnvIDNZlo Jesus never questioned property rights in his teaching, w/charity voluntary $$ Dec 19, 2013
• How Pope Francis Misunderstands the Free Market http://t.co/Ksmn5DzS0O Simpler than that; he is unstudied, engages in wishful thinking $$ Dec 18, 2013
• Wrong: Technology Adoption Discrepancy Btw Individuals & Institutions http://t.co/YkLJscgP7S Tries 2 connect falling ROA & Social Media $$ Dec 14, 2013

Comments

• “Artificially forcing down Treasury yields via QE has 4 major bad effects?” ? David_Merkel http://t.co/z9nLhQSknr $$ $TLT $IEF $SHY Dec 19, 2013
• Commented on StockTwits: but the company is selling; it needs cash more than shares — good companies typically s… http://t.co/AkpvtYiijw Dec 19, 2013
• Commented on The Economist | Daily chart: Doomsdays http://t.co/21NoGGuzuD Dec 18, 2013
• “I analyzed TRUP CDOs 4a bank in 2008 and 2009 — built a special model that could dig into the?” ? David_Merkel http://t.co/tRm5NtJ0mk $$ Dec 17, 2013
• Commented on StockTwits: ‘ @MMula534 A lot. Most of the best investors r lifelong learners, & they c patterns whe… http://t.co/5pQzWca6Nm Dec 17, 2013

 

Companies & Industries

?

• Ackman Makes Big Bet on Fannie, Freddie http://t.co/PdkKSwbUUq Depends on whether the government will sell it off cheaply if at all $$ Nov 16, 2013
• Maersk CEO Says Balancing Supply of Ships to Demand Is Years Off http://t.co/OVUJsS0gpO Will take 2+ years 4 the shipping mkt 2 normalize $$ Nov 16, 2013
• GE To Exit Retail Lending, Refocus on Industrial Businesses http://t.co/krR5qVddsY I recommended $GE do that 8 years ago @ RealMoney. $$ Nov 15, 2013
• Freddie Taps Reinsurer to Offset Loan Risks http://t.co/aeHzuaIwWV Would b a little skeptical of $ACGL ; financial reinsurance is risky $$ Nov 14, 2013
• An iPhone Tester Caught in Apple’s Supply Chain http://t.co/Skt16fbqbo Very difficult to assure fair dealing w/high demand 4 labor $$ Nov 12, 2013
• Amazon, Postal Service to Start Sunday Package Deliveries http://t.co/TMHg1BIrdP USPS lives at the pleasure of Amazon $$ Nov 12, 2013

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Rest of the World

 

• They’ll Pay You to Live in Switzerland! http://t.co/nAhFS0MOO2 Minimum income plan may replace other safety nets, sounds like a disaster $$ Nov 16, 2013
• Spain Free-for-All Pitting Apollo Against Blackstone http://t.co/8ggvCGBNv3 Global demand 4 vacations in Spain support lodging prices $$ Nov 16, 2013
• China Leadership Pledges Expansion of Economic Freedoms http://t.co/yJhlS8bKyl More kids, more freedom w/real estate, SOEs get taxed more $$ Nov 16, 2013
• Japan’s Lenders Roiled by Credit for Criminals http://t.co/KadKx16r6I Many Japanese banks lend to the Yakuza, embarrassing them & govt $$ Nov 14, 2013
• Secret Israel Housing Boom Defies Settlement Discord http://t.co/PGfpjFKRsP Settlements keep growing w/tacit assistance of Israeli govt $$ Nov 14, 2013
• Terrifying Charts For Saudi Arabia http://t.co/jbVyUlDfHQ Fascinating charts showing possibility of falling oil revenue 4 Saudi Arabia $$ Nov 12, 2013
• CIA warily watches for threats to US now that 87 nations possess drones http://t.co/Dew0nwV1xx drones from Israel & China compete vs US $$ Nov 12, 2013
• Banks in Sweden Told to Reduce Market Reliance for Mortgages http://t.co/Lecx4QO08V Not sure that basing off of kronor deposits is best $$ Nov 12, 2013
• Gold Vault Opens in China as Bullion Goes From West to East http://t.co/BVhFqCNSrG If you didn’t trust fiat currencies u would buy gold 2 $$ Nov 12, 2013
• Bloomberg Is Said 2Curb Articles That Might Anger China http://t.co/eP0LbI1rHm @Bloomberg hides articles critical of China from China $$ Nov 12, 2013

 

Obamacare

?

• Obamacare Is Whatever Obama Says It Is http://t.co/5vVzcjcFpv Other presidents would be impeached for taking the law into their own hands $$ Nov 16, 2013
• Obamacare’s Creative, Or Illegal, Rule-Making http://t.co/QgUi9mG0gw Obama was critical of Bush’s signing statements & this is worse $$ Nov 16, 2013
• Sebelius Drops New Bombshell: Employer Plans Will Also Drop Workers From Coverage http://t.co/sDQxErpTiw “Substandard” plans of employers $$ Nov 14, 2013
• ObamaCare Questions Nobody Asked http://t.co/GXw5PmNxEy Laws must fit a culture; Americans don’t have a high degree of “social trust” $$ Nov 14, 2013
• Hope Is All Obamacare Has Left http://t.co/M5MzuvG1Od Tactical retreat 4a time comes to mind, but are they humble enough to consider it? $$ Nov 12, 2013
• Rieder: An empty pledge comes back to haunt Obama http://t.co/TG1LjSM7wm Obama promised people they could keep their insurance & doctor $$ Nov 12, 2013
• The Obamacare Debacle Should Have Obama And Biden Seriously Considering Resignation. http://t.co/eqoNgu841Z Nice thought, but not likely $$ Nov 12, 2013

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Central Banking

 

• Bank Regulation Dominates Yellen Confirmation Hearing http://t.co/wzXnBemjwI Given all of the regulatory failures of the Fed this is fair $$ Nov 16, 2013
• Yellen Rejoins QE Debate as Hearing Gives Critics Forum http://t.co/OJgjwPqfxS Pursuing policies that have never worked as if reasonable $$ Nov 14, 2013
• Central Banks Risk Asset Bubbles in Battle With Deflation http://t.co/sseHM2iFPU Imbalances r growing. Which way will policymakers err? $$ Nov 13, 2013
• White House Takes Lessons From Bernanke Close Call http://t.co/d7AOphMltK Works 2manage approval process 4 Yellen, given unpopular policy $$ Nov 12, 2013
• Race to Bottom Resumes as Central Bankers Ease Anew: http://t.co/CEE1QS13kL Everybody aims 4advantage; as a result no one gets advantage $$ Nov 12, 2013
• Yellen’s Confirmation Hearing Likely to Stir Up Other Fed Issues http://t.co/eIgTuaYvnI Incompetent Fed gets 2 spread incompetence via DF $$ Nov 12, 2013

 

Financial Markets

 

• Moody?s Lowers Ratings of Four US Banks After Review http://t.co/3F6tQyzmm9 $GS $MS $JPM $BK will not b bailed out, thus ratings fall $$ Nov 16, 2013
• Bid Wars Wane in US Housing Markets on Supply Rise http://t.co/1R2LH3qOHq Note: we never eliminated the housing glut; reality returns $$ Nov 16, 2013
• O?Shaughnessy warns on crisis in long-duration bonds http://t.co/wHmJB6pt9Q Really depends on how strong economic growth is from here $$ Nov 14, 2013
• Rules Force Banks to Innovate for Survival http://t.co/y3guFfxVdj! Same old thing — Returns on assets r low, so lever up 4 high ROEs $$ Nov 12, 2013
• Pension Terminations May Spike in the Near-Term http://t.co/UjIqJ3ipiD DB pensions will continue 2 shrink; no reason y it should speed up $$ Nov 12, 2013
• Nonbank Mortgage Servicers Rapid Growth Alarms Investors http://t.co/bE7WrXxmk5 Independent mtge servicers grow & have compliance issues $$ Nov 12, 2013
• Group Pushes for Bigger ‘Tick’ Sizes http://t.co/xgkRDHnwfG Very dumb; deregulate tick sizes,& let markets compete 4 business $$ Nov 12, 2013

 

Politics & Policy

 

• In Blow to Coal, TVA to Shut 8 Units http://t.co/9xOAXI25PE Coal has issues in the short run, will provide power to the world 20+ yrs out $$ Nov 16, 2013
• A Nuclear Cleanup Effort Leaves Questions Lingering at Scores of Old Sites http://t.co/mm6KzJ47BO Long article; radiological waste maps $$ Nov 14, 2013
• Bad idea: Firms Get More Wiggle Room on Soured Deals http://t.co/B1sakHXSQc Goodwill should b rigorously tested & written down frequently $$ Nov 12, 2013
• Patty Murray, Democrats’ Budget Leader, Faces a New Test http://t.co/bq430FlJgT A lot of theater here; whatever cuts spending wins $$ Nov 12, 2013
• No state has all of its employee benefit plans funded at an acceptable earnings rate, as well as rainy day funds, highway, funds, etc $$ Nov 12, 2013
• State and local government austerity is over http://t.co/4usGgnZDGI Jobs r growing, & so is investment. Only problem: underfunded plans $$ Nov 12, 2013

 

Other

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• Woods Makes Caddie?s Beef Jerky Golf-Bag Accessory at $54-Pound http://t.co/5RsL9zX1qu At the Merkel house we r planning on making jerky $$ Nov 16, 2013
• Silicon Valley Nerds Seek Revenge on NSA Spies With Coding http://t.co/YkemYyJRLu They double the length of encryption keys; Nyaah, NSA! $$ Nov 16, 2013
• StreetEYE – Tops on Twitter http://t.co/n5X0euq6IP Interesting ranking of those who share on finance on Twitter $$ Nov 12, 2013
• Focusing too narrowly in college could backfire http://t.co/sqAMID8KyG Narrow degrees presume too much about the future; be prepared $$ Nov 12, 2013
• Record Number of Foreign Students Flocking to US http://t.co/PCwwPyeE6o This rescues a wide number of incompetent colleges $$ Nov 12, 2013
• Strange Doings on the Sun http://t.co/HdgxOoAbz4 We do not understand the Sun well; sunspots r few, & magnetic poles puzzle. $$ #humility Nov 12, 2013
• Baby Boom in Stronger States Signals US Birth Recovery http://t.co/DPrkEofea8 No surprise, the US has always been more optimistic w/kids $$ Nov 12, 2013
• I Am The One Who Blogs: TRB Turns Five http://t.co/xQuhAHQB9D @reformedbroker is one of the heroes of financial blogging; I salute him $$ Nov 12, 2013
• When enough people do power poses, it will lose its impact, and will cease to give confidence. http://t.co/sp0j1bAO8n Nov 11, 2013

Cato Conference / Hard Currencies

• R. David Ranson #catoonmoney argues that easy monetary policy has not created faster economic growth http://t.co/fUxhAJfL2F $$ Nov 14, 2013
• PANEL 4: THE CASE FOR A NATIONAL MONETARY COMMISSION AND FUNDAMENTAL REFORM #catoonmoney Kevin Brady going to speak on Fed Reform $$ Nov 14, 2013
• Argues that European nations would be better off w/their own national currency. Fiscal union not well defined $$ #catoonmoney Nov 14, 2013
• Leszek Balcerowicz Former Chairman, National Bank of Poland finishes a rambling, interesting talk on Eurozone & US $$ policy #catoonmoney Nov 14, 2013
• Cato Monetary policy conf, panel 2 — ALTERNATIVES TO DISCRETIONARY GOVERNMENT FIAT MONEY #catoonmoney Sumner will provide alternatives $$ Nov 14, 2013
• U.S. Mint?s Silver-Coin Sales Reach Annual Record http://t.co/IBJLw2wICe U can laugh; fascinating 2c so many trying to preserve value $$ Nov 14, 2013
• Gold is much harder to manipulate; same for any money with real backing. http://t.co/HnXQLaqU2a Nov 12, 2013

?

Comments, Retweets, Replies

• @Frank_McG I don’t think I mentioned bitcoins, but there are certainly some that trust in them… Nov 14, 2013
• “Junk science causing people to avoid food that is good for most, and yummy too.” ? David Merkel http://t.co/xQhXrM0hyd $$ Nov 12, 2013
• RT @SJosephBurns: Learning curves of different professions–> http://t.co/Nuy9CVTYp9 Nov 11, 2013
• RT @AmbroseEP: Oxygen thinning. Shiller P/E ended week 47pc over-valued. Good blow-off chart from Husmann. http://t.co/XPq6hmzUR6 Nov 11, 2013