Stock-Market Crashes Through the Ages – Part III – Early 20th Century »

The 20th century could be categorized as THE century when communications took off and we started living in each other’s pockets. Lives had been ruined by war, trouble and strife. Wealth had been redistributed beyond belief. There were no longer just…

Jun 19 2013 / Read More »

Google Challenges Surveillance Gag Order: Squares NSA Secrecy Against First Amendment »

It appears that unlike the president, whose rating is plunging in the aftermath of PRISM-gate, US corporations are not eager to double down on their privacy intrusive ways, and some are becoming increasingly concerned about what all the recent exposure…

Jun 19 2013 / Read More »

Gone Fishin’ »

No, not really. I just thought I’d let faithful followers of this blog know that I’m not dead, and don’t expect to be anytime soon.…

Jun 19 2013 / Read More »

Write-Offs: 06.18.13 »

$$$ Rigged-Benchmark Probes Proliferate From Singapore to UK [Bloomberg] $$$ Bill Ackman attacked a recent survey that Herbalife says…

Jun 19 2013 / Read More »

SEC Official: Actually, The Scoreboard Reads Computers: 1, Homo Sapiens: Next Stop, Endangered Species List »

Contrary to some people’s beliefs. Concern that American stock markets have become more susceptible to split-second crashes due to…

Jun 19 2013 / Read More »

What A Correction Could Look Like »

While disappointment from the FOMC's comments tomorrow may not be enough to create 'the big one', it is perhaps worth a look at the…

Jun 19 2013 / Read More »
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Conquering the Indonesian (and Mongolian) Frontier »

Originally posted at http://capitalistexploits.at/ I caught up recently with Ranjeet Sundher in Singapore to go over his latest projects and thought it would be worthwhile introducing him to you. I really like Ranjeet because he’s a nuts and bolts entrepreneur, the type of guy…

Jun 19 2013 / Read More »

More NSA - STOP MUDDYING THE WATERS »

There's another hearing going on right now regarding the NSA spying.Let me be clear once again:I have no problem with the NSA paying attention to foreign communications for the purpose of interdicting terrorism.  If that surveillance winds up connected to US persons then a warrant…

Jun 19 2013 / Read More »

Greece Has One Month To Plug A €1.2 Billion Healthcare Budget Hole »

Think Cyprus is the only country that will need a repeat bailout (as the FT reported earlier)? Think again. Cause heeeeere's Greece... again.... where as Kathimerini reports, a brand new, massive budget hole for €1.2 billion has just been "discovered." Only this time it is not…

Jun 19 2013 / Read More »

Revisions in Expected Interest Rate Paths »

There’s been a lot of discussion of upward movements in long term interest rates. I thought it useful to consider the revisions in expectations, over time, and in context. Figure 1: Ten year constant…

Jun 19 2013 / Read More »
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Brazilian Currency Touches Four-Year Low Prompting Intervention; Currency Intervention Madness Displayed in Chart Form

Bloomberg reports Brazilian Currency Touches Four-Year Low, Prompting Intervention Brazil’s real touched a four-year low, prompting the central bank to intervene for a second straight day as a report…

Jun 18 2013 / Read More »

U.S. Hedge Funds Swarming Tim Hortons In A Way That U.S. Customers Never Did

Scout Capital Management joins Highfields Capital Management to badger the coffee and confectionary pride of Canada. U.S. hedge fund Scout Capital Management disclosed on Monday that it has raised its…

Jun 18 2013 / Read More »
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