The Australian satirical comics Clarke and Dawe take on the European debt crisis and the fragile world economy: Source: “Clark and Dawe: Lending merry-go-round” YouTube https://www.youtube.com/watch?v=5D0VhS8qXT0
Outlook
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Another great sketch from Carl Richards: From Richards’ newsletter accompanying the sketch: In my conversations about money, the most common desire people express is a simple desire for peace. We all just seem to want to get out from under the constant stress that so often comes whenever we talk or think […]
By Jesse Eisinger, ProPublica HBO’s “Too Big To Fail” – I just caught up with it last night; thank you, HBO On Demand – is extraordinarily revealing about the financial crisis. Only its revelations are almost entirely inadvertent. The movie is set up in the Hollywood conventional way: A gang […]
Online brokerage Zecco announced a new Facebook app that provides real-time stock quotes, charts, discussion and yes, active trading from within Facebook. It also gives users the ability to ‘Like’ a stock, and thereafter receive updates on that stock in your Facebook news feed. The app is called Wall Street. […]
From this weekend’s Saturday Night Live: SNL – Dominique Strauss-Kahn by Palmking512 Source: Dailymotion, 5/22/11 http://www.dailymotion.com/video/xiufnv_snl-dominique-strauss-kahn_fun
Google has taken up the challenge of simplifying the process by creating a new service, Google Advisor, that makes it easy for users to compare products side
Bitcoin is a digital currency that has no central bank issuer and can be exchanged directly online, with no bank intermediary. The goal is to mitigate the instability of fiat currencies, including unpredictable inflation. Here’s how its creators present it: Sounds interesting, and as Matthew Ingram notes, Bitcoin is gaining […]
The smartest actionable portfolio ideas from around the financial blogophere today: – Bespoke illustrates the relative strength of stocks vs. bonds over the past year. – How does inflation impact stock returns? Eddy Elfenbein finds the “magic inflation rate” below which the market historically performs well. – Famed value-investor-with-hedges John […]
Economist John Harvey says it’s not supply and demand: Today’s spike is being driven by speculation, just as it was up to the financial crisis. Don’t take my word for it. Consider the data… Today, not only have known reserves risen substantially, but we are only just emerging from the […]
Investors in silver (NYSE: SLV) should be forgiven for being irritable – their investment has been a veritable roller coaster of late, reaching multi-decade highs before a stunning collapse last week. The Wall Street Journal has been covering the story, and looking back to the last time silver was this […]
Chuck Jaffe of MarketWatch recently wrote about the danger posed by the next ‘flash crash’ and how retail ETF investors often mistake limit orders for protection: The ‘flash crash’ turned the stock market on its ear during one violent trading day a year ago, but many investors are still vulnerable […]
Within a great post on how much you can learn while hitting rock bottom, Leo Kolivakis shares this gem (bold added): During a recent lunch with my former boss at PSP, Pierre Malo, we talked about what we value most in life. In our previous lunch, Pierre and I discussed […]