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On Woodford in Wyoming

…studies and then writes while market movements during a very short time window around an announcement can reasonably be attributed to news contained in the announcement, developments since 2010 of…

“Fear and Loathing” of Wall Street, 2012

…succeeded. Regulators, already months behind in implementing rules from the Dodd-Frank financial reform law passed in 2010, are bracing for additional legal challenges as more regulations are completed. Turns out,…

Has America Lost its Drive? Part 2

…recurring secondary peaks and valleys, respectively. July values are highlighted with red dots. The years 2008 and 2010 are accented with contrasting blue line segments. In 2008, gasoline consumption dropped…

The ECB is Plugging Holes

…M3-M2 declined 0.2% over the year, its first annual decline since early 2010. What’s going on here? The ECB’s plugging holes. There’s an evolution in marketable debt that is telling…