2012

When I worked in banking not so long ago, it was actually cool to be “old school”. It was just another way of saying that one would try to balance the bank’s interests with that of the corporate client’s. To make neither too little money…

News links for 4 January 2012

My friend Scott sent me the following story

As always, I present you Byron Wien’s Ten Surprises for 2011. He is bullish yet again - on both the US and emerging markets.

The US dollar has come back bid today after yesterday's rather shallow correction. Euro sellers re-emerged as the single currency approached its 20-day moving average for the first time in a couple of weeks. Although the PMIs are a bit…

The Shanghai has turned down this evening after opening up and looks to continue the downtrend. That is one ugly chart. Meanwhile, the S&P500 looks like it really wants to resolve its wedge formation to the upside. After a year of head…

I don't expect any response from Paul Krugman, Alex Tabarrok or Tyler Cowen on this but they know who I am and read my articles from time to time. I am going to add my voice to a debate they have been having in the blogosphere on debt,…

A visual representation of how stocks in the S&P 500 fared in 2011 with Green for gains and red for losses

A visual representation of how stocks in the S&P 500 fared in 2011 with Green for gains and red for losses

Financial news links for 3 January 2012. I posted this first link on twitter yesterday afternoon and it got a ton of retweets. I have seen a lot of people link out to it. Bottom line: the concept that bankruptcy is part and parcel of…