The Mess That Greenspan Made - Part 3

A Lot of Nothingness, Milkdromeda

A little perspective…

FYI – Ferengis appear at about the six minute mark


Friday Morning Links

The Fed Has Something to Prove to Wall Street – Bloomberg
Fed officials to Wall Street: We’re right, you’re wrong – CNN/Money
Lacking new ideas, G7 to agree on ‘go-your-own-way’ approach – Reuters
Why Inflation Targeting Guarantees A Financial Meltdown – Contra Corner
College students run crying to Daddy Administrator – Washington Post
Human flypaper? Google’s solution to collisions between cars and pedestrians – CSM
For abuse survivors, Donald Trump’s interview with Megyn Kelly was excruciating – Vox
No, Bill Clinton Does Not ‘Know How’ To Fix The Economy – Five Thirty Eight
Inside the Clinton paid speech machine – Politico
Elizabeth Warren on the Second Gilded Age – The Atlantic
Evaluating the Political Chess Board – Dilbert
Mr. President, we need a new DNC chair – CNN

Stocks: 4 things to know before the open – CNN/Money
The Magic of Compound Interest – ValueWalk
China Stocks in Hong Kong Post Biggest Weekly Advance in a Month – Bloomberg
Wall Street Seems Like a Mel Brooks Film Festival These Days – Real Clear Markets
Yuan Caps Longest Weekly Losing Streak This Year on Hawkish Fed – Bloomberg
What to do with your money as the Clinton-Trump race heats up – MarketWatch
Look out: Three risks Wall Street is underestimating – USA Today
Gold set for biggest weekly drop in two months – Reuters
Bloomberg Markets on the Return of the Gold Standard – Mises
Should Gold Traders Care If The Fed Hikes In June? No, Here’s Why – Kitco

Why Is the Labor Force Participation Rate Increasing? – St. Louis Fed
Are People in Middle-Wage Jobs Getting Bigger Raises? – Atlanta Fed
Brazil’s Financial Chief Says Economy Worse Off Than He Imagined – Bloomberg
British Columbia Tent City to Get Flush Toilets as Calls to Shut it Down Grow – Vice News
Taiwan’s new president sworn in with rock music and a challenge to China – Quartz
Beijing Denies Dangerous Interception of U.S. Spy Plane Over South China Sea – WSJ
The Wealthy in Florence Today Are the Same Families as 600 Years Ago – WSJ
San Jose county’s median home price hits $1 million – Mercury News
Why the Fed still needs fixing – The Hill
Fed Up with the Fed – of two minds


After seeing stories on network news about how long airport security lines have become at major airports, just one thought comes to mind – thank God I don’t have to fly anywhere anymore. The graphic below from this Quartz story explains the situation:

CNN/Money reports that travelers in Chicago are being told to arrive three hours prior to their departure time – as if Chicago doesn’t already have enough  problems…

Thursday Morning Links

The Fed’s gambit – Macro Man
US interest rates could rise in June – BBC
Selected highlights from the Fed minutes – MarketWatch
Why I Hate the Internet found so many readers – Guardian
China’s Communist Party goes way of Qing Dynasty as debt hits limit – Telegraph
The real problem with negative interest rates? They are a stealth tax – MarketWatch
The last gun shop in San Francisco is turning into a weed dispensary – Quartz
The Gun That Killed Trayvon Martin Finds a Buyer – The Atlantic
Facebook: Confab with conservatives was ‘constructive’ – USA Today
Your guide to President Donald Trump’s Supreme Court shortlist – Vox
Hillary loves the ’90s! But she can’t bring them back. – The Week
How Clinton Could Finally Close the Door on Sanders – Fiscal Times
Budweiser and the Selling of America – New Yorker

Futures lower after Fed favors rate hike if economy picks up – USA Today
Violent Struggle Over Oil and Money Rattles Global Energy Market – Bloomberg
Could this post-Fed bond selloff be a repeat of ‘taper tantrum’? – MarketWatch
Which Institution Has The Best Asset Allocation Model? – Meb Farber Research
How Wall Street Led LendingClub Into Crisis – Bloomberg
Gold slides to 3-week low on Fed rate hike expectations – Reuters
Gold prices drop as interest-rate rise looks more likely – MarketWatch
Huge Trend Changes Point To Something Big In The Gold Market – SRSrocco Report

Moody’s downgrades 2016 US growth – MarketWatch
A Long-Term Look at Inflation – Advisor Perspectives
The Real Lesson Behind Brazil’s Mess – Bloomberg
Mob burns Venezuelan man alive over $5 as rule of law fails – AP
British ’shopaholics’ defy economic gloom with spending splurge – Telegraph
Alberta wildfire destroys oil sands work camp as thousands of staff evacuated – Guardian
Rise of the Populists: Austria a Step Ahead in Europe’s Race to the Right – Spiegel
Leaving Europe Is a Risk the U.K. Shouldn’t Take – Bloomberg
Is the Silicon Valley Real Estate Bubble About to Explode? – Vanity Fair
Why London could decide the next US rate hike – CNBC
Monetary Policy For Dummies – Alhambra Partners


Retirement Regrets

There’s nothing really surprising in this survey of regrets current and future retirees have about their current or future retirement.

Too little saving and too much debt account for two-thirds of the responses with the other third split about equally between None (the correct answer) and “Something else” (which screams out for some elaboration, given that it’s a pretty big share of the responses).

Low financial literacy and our consumer culture (buying things you don’t need with money you don’t have) work against those with the best intentions and, in the end, this is kind of like the obesity epidemic where, “eat less, exercise more” is easier to say than do.

Tagged with:  
Page 3 of 84912345102030...Last »
© 2010-2011 The Mess That Greenspan Made