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Thursday, July 3, 2014

The Big Picture

The Big Picture


U.S. Soccer: Flip the Script

Posted: 02 Jul 2014 01:00 PM PDT

Yesterday’s loss, as painful as it was to watch, was really a thing of beauty. As overmatched as the US team was, they managed to make it into overtime where they finally succumbed to the superior Belgium team.

Despite the mismatch, regulation time ended in a tie. There were opportunities and possibilities of an upset. All told, it was inspired play. Which brings me to this video, released before the big game.

I don’t find that it loses any of its magic or majesty just because the game is over. Enjoy:

 

 

See also
• WaPo: How Tourette’s-afflicted Tim Howard went from international ridicule to World Cup history. There is a White House petition to rename Reagan Airport after Tim Howard. He was meme-worthy, hashtagable and once even scored a goal.

• Several World Cup teams banned sex during the tournament. All of them have been eliminated.

• Dan Froooommer and David Yanooofsky examine which countries shout “Goal” the loudest on Facebook.
Enjoy the long holiday weekend . . .

The Transition From Alpha to Beta

Posted: 02 Jul 2014 11:30 AM PDT

click for larger chart
LSC1 - 3-yr annualized alpha
Source: Pension Partners

 

Hedge-fund assets recently eclipsed $3 trillion. One of the more popular strategies for hedge funds has been the long/short equity fund.

Charlie Bilello, director of research at Pension Partners and the source of our chart today, writes:  Continues here

Google Search Volume by Language

Posted: 02 Jul 2014 09:30 AM PDT

click for interactive graphic

Source: AppSpot

10 Wednesday AM Reads

Posted: 02 Jul 2014 06:30 AM PDT

My morning  train reads (Continues here):

• The S&P 500 and DJIA closed at new records. (WSJ) see also Market’s correction-free run tops 1,000 days (America’s Markets)
• What’s a hedge fund manager to do? (Reformed Broker)
• How to bet on the price of water (Fortune)
• How Memphis Firm Decoded Bond Secrets Mystifying Wall Street (Bloomberg)

Continues here

Another Epic Failure From the Worst Congress in History

Posted: 02 Jul 2014 05:30 AM PDT

This will be a short rant, as we prepare to head off to celebrate the birth of our nation with fireworks, barbeques, and the usual trappings of summer.

I spite of the celebratory mood, I am troubled by the unrelenting incompetence of the U.S. Congress. Its inability to pass even the most basic legislation is beyond baffling.

Case in point: College students who use new Stafford loans to pay for the 2014-2015 school year will see borrowing costs rise 21 percent. As of July 1, interest on new student loans rises to 4.66 percent from 3.86 percent last year, with future rates potentially increasing even more. This comes as interest rates on mortgages and other consumer credit hovered near record lows. For a comparison, the rate on the 10-year Treasury is 2.6 percent. Congress could have imposed lower limits on student-loan rates, but chose not to.

This is but one example out of thousands of an inability to perform the basic duties, which includes helping to educate the next generation of leaders and productive citizens. It goes far beyond partisanship; it is a matter of lack of will, intelligence and ability. Continues here

What’s the Biggest Business in Your State?

Posted: 02 Jul 2014 03:00 AM PDT

What is the biggest business in your home state? GM drives Michigan, the Keurig Green Mountain Coffee company brews best in Vermont, and Sands is luckiest in Nevada. Bloomberg’s Yang Yang looks at the United Companies of America


Bloomberg, June 27 2014

Akamai’s State of the Internet

Posted: 02 Jul 2014 02:00 AM PDT

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