Helping Good Investors Make Better Decisions
Feel like the economic news has been more like an economic tornado this week?
Here’s at least in part why – Barry Ritholtz has summarized a partial list of some of the record breaking data that has erupted lately – here’s a link to his post today.
We don’t share this with the intent of spreading doom […]
Most of our team was tied up yesterday for the bulk of the work day with an urgent project that dropped into our lap, and we didn’t get a chance to comment on a very thought provoking story that ran yesterday in the New York Times.
Andrew Ross Sorkin wrote “A Bridge Loan? US Should Guide […]
To be perfectly honest we haven’t wanted to get involved in the row over the potential rescue of the Big Three auto manufacturers in MI. We’ve had and have a bucketful of other more important projects and issues to deal with, and simply haven’t devoted the time and staff effort required to really dig into […]
Here’s a quick reminder that the team over at CalculatedRisk is tracking more or less every day during the work week a summary of credit crisis indicators or markers. Here’s a link to their post from today.
We agree that tracking key indicators for credit issues makes sense, and while CR’s list is not exhaustive, the data […]
Here are a couple of worthy reads from the WSJ today.
First – Targeting Your 401(k). Bandied about for some time, going after the tax incentives accorded 401(k) accounts is now being discussed much more openly in Congressional circles. We have a friend who is a retired financial planner who has been following the work of […]
There’s a lot of economic data being bandied about these days, much of which induces breathless reporting from media pundits and foreseers of doom. Much of the data is taken out of context or historical perspective, and should be viewed with caution and even a bit of skepticism as to its relative weight.
There is a […]
For those who thought “the bailout” was only supposed to be in the $700 billion range – folks are spending your money faster than you can even imagine…..
Graph Credit: Jake at Econompicdata
Technorati Tags: bailout mania
Is your head spinning with the ever advancing avalanche of news regarding “bailouts and rescues”? Mine is. It seems that not an hour goes by without some media mention of yet another company / industry in trouble and another hand reaching to the Feds for funds.
Looks like you and I are not alone in our […]
Here’s one for the weekend fluff category - I can’t believe the number of emails that have come in this morning already challenging the comment I made about post election stock market losses.
Here’s a table looking at the data dating back to 1896 from Reuters UK; interesting that it came from the New York office […]
Kevin Warsh, a member of the Board of Governors of the Federal Reserve System, gave a speech titled “The Promise and Peril of the New Financial Architecture”. The entire speech is available here.
He has offered a concise summary of the current financial market turmoil and summarized the response of both the financial sector and the […]
The media is off and running with the news today about the decline in third quarter GDP reported today by the BLS at -0.3% - in all honesty – that number will probably get revised further downward.
Here’s a link to the full report from the BEA.
The BEA summary –
Real gross domestic product — the output of […]
There are probably not many in the country today who are surprised at the action of the Federal Open Market Committee in reducing the target for the federal funds rate 50 bps to 1.0 percent.
Here’s the FOMC statement for those so inclined.
The Federal Open Market Committee decided today to lower its target for the federal […]
The Philadelphia Fed’s release of their coincident index study (through September 2008 data) makes for an interesting look at what states are hot and which are not. Fly over country looks pretty strong in this month’s map. The index is basically unreadable at this resolution - the more blue the state, the higher the coindent […]
The team at Calculated Risk has instituted an almost daily track of several key indicators of credit market health / activity – their most recent post was yesterday (as of 0800 this morning).
Improvements were noted in the 3-month Treasury yields, the TED Spread, Bloomberg’s Two Year Swap spread, and the A2P2 spread.
Several folks reported yesterday (probably the […]
Barry Ritholtz at The Big Picture has a good post up today detailing what very well may be the crux of the housing crisis – the massive shift in lending / underwriting criteria that occurred from 2002-2007.
Here’s a teaser paragraph from the post –
Underlying EVERYTHING – housing boom and bust, derivative explosion, credit crisis – […]
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