I found this report interesting: Technically, Not A Recession (via The Big Picture).
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Hope is the magical elixir of any rebound. – Dennis Kneale, CNBC Reports, July 1 There are a lot of idiots on CNBC (Leisman, Insana, Ratigan (formerly), Kudlow) but I think Dennis Kneale is the biggest one. His basic rationale…
Shiznit, adj: (1) the best (2) the greatest in a certain category or universally (3) gaddam’ phenomenal, bi-atch! In the spirit of “Malibu’s Most Wanted”, which I had the pleasure of watching last night, and on the occasion of Fed…
Lyft (LYFT) reported earnings after the close Tuesday and a typo in its report briefly sent shares soaring more than 60% before coming back to earth. It’s literally the funniest thing I’ve seen in my almost 20 year career in…
* *In a small town on the South Coast of France, the holiday season is in full swing, but it is raining so there is not too much business taking place. Everyone is heavily in debt. Luckily, a rich Russian…
“The war situation has developed not necesarily to Japan’s advantage.” – Japanese Emperor Hirohito, August 14, 1945 “The economic situation has become distinctly less favorable since the time of our July report.” – Federal Reserve Chairman, Ben Bernanke, testimony to Congress…