When I get into something I can become single-minded. Take for example the following article. > Monday’s market euphoria across the world at the terms of the European Union/International Monetary Fund rescue package for the European bond market faded Tuesday as investors sold stocks and took...
Read More →The media is going to say that the CDU lost because of Greece, the bail out and the airwaves are going to go on, and on, and on about this. But you need to look at the facts much closer. First look at the winners and losers: | | | --- | | ScreenHunter_01 May. 09 22.09 | Look at the results. The...
Read More →Trying to figure out what to think about this: (from BusinessWeek) > The Nasdaq said after markets closed that it will cancel all trades of stocks that moved more than 60 percent from their price at, or immediately prior to, 2:40 p.m., when the slide started. The cancellation applies to trades...
Read More →So here we go Portugal is placed on review for downgrade. > Moody's Investors Service said it has put Portugal's Aa2 government bond ratings on review for possible downgrade, while the government's Prime-1 short-term rating was affirmed. Moody's expects that, in the event of a downgrade, Portugal's...
Read More →Everybody thinks that the Greek demonstrations will continue. I am going to say they will slow down dramatically. Reason? > In einem tödlichen Inferno eskalierten die Proteste in Griechenland. Der Ministerpräsident zeigt sich bestürzt über den Tod dreier Menschen. Eines der Opfer war offenbar eine...
Read More →I can accept things when they are bad news, or problematic. But I can’t accept things when there is no real reason. The Euro Drop is such an example. 200 pips in a day? That is a 0.2% percentile action. What that tells me is that something is at hand. The typical response is “Greece”. Really I...
Read More →I have been a very very vocal critic of Greece and how I thought they were incapable of tightening their belt. Well I stand corrected! Greece from what I see I have to say, “thank-you you are showing the kind of metal you are made off. As a Eurozone citizen I am impressed and will support you to...
Read More →: Image by Getty Images via Daylife I've been reading Paul Krugman's blog at NYTimes.com daily. Paul won a Nobel Prize for economics, so obviously a smart guy. He's very thoughtful and always bases his opinions on research and current economic thought. I basically defer to this guy on all...
Read More →Via blog.xplana.com: [](http://blog.xplana.com/reports/digital-textbook-sales-in-u-s-higher-education-%E2%80%93-a-five-year-projection/) Personally, I think this is a little conservative... though kids and professors on campuses would probably know more about how motivated professors are to switch...
Read More →There is a great QA with Herb Greenberg over at TheKirkReport. A few snips from the article: > ... > > Kirk: For good or for ill, how do you see financial journalism evolving with the use of blogs and other social media? > > Herb Greenberg: The good: Leveling the playing field with an enormous...
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