Smooth Jazz: Black Sabbath’s Paranoid Posted: 23 Jan 2015 03:30 PM PST I can’t explain why, but I find this hilarious: Via The Poke |
Succinct Summation of Week’s Events 1/23/15 Posted: 23 Jan 2015 01:30 PM PST Succinct Summations week ending January 23rd Positives: 1. ECB to start a QE of their own; 60 billion a month until September 2016 and markets around the world explode higher 2. Housing starts rose 4.4% in December to an annualized pace of 1.09mm coming in much stronger than the 1.2% and 1.02mm expected. 3. The German Dax hit all-time highs. 4. The Dow and S&P 500 have their first positive week of 2015 Negatives: 1. Real yields in parts of the world go negative. 2. Existing home sales in 2014 fell 3.1% 3. NAHB Homebuilder sentiment fell to 57, vs expectations of 58. 4. China GDP rose 7.4% in 2014, from 7.7% in 2013. 5. Building permits declined 1.9% to a pace of 1.03mm, both weaker than expected. 6. Existing home sales rose in December by 2.4% vs expectations for a 3% rise. 7. Initial jobless claims came in at 307k vs 300k expected. |
Kids “inherit” nostalgia for their parents’ music Posted: 23 Jan 2015 12:00 PM PST |
Rhetological Fallacies Posted: 23 Jan 2015 09:00 AM PST |
10 Friday AM Reads Posted: 23 Jan 2015 05:00 AM PST It's Friday already! Busy week snuck by when we weren't looking. No worries, our morning train reads are primed to go: • Relative to bonds, S&P 500 companies may be about as cheap as they've ever been. (Housel) • Draghi: “There must be a statute of limitations for those who say there will be inflation” LOL (Calculated Risk) • McDonald’s fixes its marketing, Chipotle fixes its product (Fortune) • Alternative Assets Approach $7T Despite Headwinds (Chief Investment Officer) see also After Hedge Funds, CalPERS Eyes Private Equity Cuts (Chief Investment Officer) • Best Books for Investors: A Short Shelf (Total Return) • The Senate is pretty clearly a hoax (Vox) see also By 98 to 1, U.S. Senate passes amendment saying climate change is real, not a hoax (Science) • A New Way to Explode a Star? (National Geographic) • Meet the woman who can't feel fear (Washington Post) see also World With No Fear (NPR) • Apple App’s store is Bigger than Hollywood (Asymco) • Hands-on: Microsoft's HoloLens is flat-out magical (Ars Technica) What are you reading? The Real Reason Oil Prices Plunged Source: Fox Business |
1958 Mercedes-Benz SL 190 – 190 SL Roadster Posted: 23 Jan 2015 03:00 AM PST |
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