Relevant and even prescient commentary on news, politics and the economy.

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More on derivatives

…glance may seem unrelated. Let’s talk about poker. Its a game that seems to have grown in popularity in the last decade, especially with the advent of on-line poker, even…

China has options

…the Eurozone, Germany, is an “exporter” itself. Talk about trade wars! U.S.-China bi-lateral relations SHOULD BE TREATED as a multi-lateral story; they’re interconnected. Rebecca Wilder crossposted with News N Economics…

Stock Market PE

…never sustained. There is a long pattern of the market PE swinging from over 20 to under 10. Moreover, even though many Wall Street strategist talk about the long term…

Numerical Illiteracy

…that the current tax system in this country is only very slightly progressive. State and local taxes are regressive, federal taxes are somewhat progressive, and the net effect redistributes income,…

Catch-Up Links

…any funds to the rest of the economy (though I don’t think he put it that way). With all the talk of Liquidity needs and Greek bonds, jck at Alea…

In Honor of the Super Bowl

…out, talking about how if they had wanted a sermon, they would have gone to church. Only person I went out of my way to thank for his talk, interrupting…