Such a Cool World We Live In

About as accurate as a Stormtrooper

It’s difficult to make predictions, especially about the future…   Wall Street economists could also double as analyst ranking NCAA teams… about as accurate as a Stormtrooper.    
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Collection of Charts

Here is a collection of interesting charts. Chart Dump Sep 2015 Please click on the link. It has a breakdown of current US equity market valuations, interest rates, global debt positions and some charts from the recent Monday flash crash.  
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2nd Quarter GDP Revision

2nd Quarter GDP was revised up this week from an annual pace of 2.3% to 3.7%.  Some of this increase arose from an increase in consumer spending, in particular housing and autos.  So let’s look at some trends in consumer behavior. The financial crises of 2008/2009 was bought on by excessive debt.  Debt is still […]
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But, but Liquidity

Monday August 24th, was quite a day.  It was a good old fashioned flash crash. Liquidity disappeared from the market and some of the largest companies in the world saw their stock prices down over 20% at the open.   The role of computers and high frequency traders cannot be overlooked in this situation – […]
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Can Interest Rates Go Up?

Raising interest rates… It’s the one thing that everyone is sure is going to happen, unless you are Japan or Europe or perhaps the United States. Long term bond interest rates in many of the developed world currencies are falling sometimes into negative rates. That means that some people are happy to receive most of […]
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Such a Cool World We Live In

Who cares about the knuckleheads at central banks – they are screwing the pooch in a royal fashion.  So many wonderful life changing technologies are emerging its a wonderful time to be alive. Two things that caught my attention today – “poo water” and 3d printed houses. Bill Gates was on Fallon talking about his […]
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