The United States Senate just failed to pass climate-change legislation. Thus, unless our "leaders" perform an immediate about-face, the oil and coal interests can sleep soundly at night - as long as they keep their air-conditioners blasting away...
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Vacation Notice: Beach time for the next couple of weeks. -----------------------------------------------------------------Do you know how Athens got to be a major "global" power during its Golden Age of Pericles? (Actually, it hardly quali...
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Money makes the world go round, so here's a simple question: how much of it is there, at least how many U.S. dollars? Here are some charts. First, M1 money stock (for detailed definitions see the bottom of today's post). Charts: St. Louis F...
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Right before the BLS employment data, a chart of the Monster Employment Index. (*)Monster Employment IndexThe index is now back to 141, where it last was almost two years ago (November 2008 = 143). The year-on-year comparisons are quite strong (+...
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In Fractal Finance, Part I we saw that fractals can be useful in describing complex, seemingly chaotic patterns in nature. We also saw how Wall Street took advantage of the same advances in information technology that made the study of fractals p...
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Fractal Finance, Part II will follow on the next post. I believe China's decision to revalue the yuan merits a post first. ______________________Following months of wrangling with the United States, during which unsubtle threats of trade war...
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Dedicated to the memory of Dr. Thai McGreivy_____________________________Fractals are everywhere in nature: a bush by the side of the road, the pattern of electrical discharge in lightning, a piece of broccoli, the shell of a nautilus, fros...
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Remember how just a few weeks ago Frau Merkel and Monsieur Sarkozy locked horns about bailing out Greece and potentially just about everyone else? (I wonder, who will eventually bail out the bailiffs?) . Well... the pair have now decided to put on a br...
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A note on the new look of Sudden Debt.Tiffany blue, baby blue.. call it whatever, the new design and colour palette of Sudden Debt is undoubtedly much "softer" than the previous harsh red and black, deliberately chosen over four years ago as a warning ...
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Today, some comic relief.The price of a lunch with the Oracle of Omaha, also known - appropriately enough - as Warren Buffett, has soared to $2.63 million. All going to charity, of course.In the chart below we can distinguish three periods for th...
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