Archive for April, 2012

• The European Vice
  Joshua M Brown, April 24th, 2012 at 6:56 am, Comments: 0

  But as the budget-cutting pain of reduced government benefits and social services brings protesters to the streets and drives support for nationalist or far-left parties, it is not clear what the economic alternative might be.

• South Carolina is the China of America
  Joshua M Brown, April 23rd, 2012 at 6:17 pm, Comments: 0

  "Seventy percent said sourcing in China is more costly than it looks on paper."

• Remember When Money Market Funds Were an Actual Business?
  Joshua M Brown, April 23rd, 2012 at 2:04 pm, Comments: 0

  Chart.

• Only a 312 times return?
  Joshua M Brown, April 23rd, 2012 at 1:16 pm, Comments: 0

  Two years ago we invested $250,000 in Instagram...

• Jeremy Grantham on Herding, Excess Volatility
  Joshua M Brown, April 23rd, 2012 at 10:54 am, Comments: 0

  This quarter's letter from GMO's Jeremy Grantham doesn't disappoint - I particularly liked the weighty, truthiness of his intro:

• Flash PMIs Bash the Open
  Joshua M Brown, April 23rd, 2012 at 9:39 am, Comments: 0

  Ugh.

• Hot Links: Are You Listening?
  Joshua M Brown, April 23rd, 2012 at 8:02 am, Comments: 0

  Your morning financial links, expertly curated.

• Beat Rates, Forward Guidance and other things that aren’t helping you right now
  Joshua M Brown, April 23rd, 2012 at 7:20 am, Comments: 0

  The media loves a soundbite - especially an unambiguously positive or negative one.  Such and such earnings report "beat the Street" or "gave a weaker [...]

• What If Someone Wrote an Owner’s Manual for the Financial Markets?
  Joshua M Brown, April 22nd, 2012 at 6:35 pm, Comments: 0

  What if one guy had single-handedly sifted through all of those millions of pieces of market-related contents for seven days a week, six years straight, almost without having missed a single day's worth of intelligence?

• High Beat Rate + Low Expectations = So What?
  Joshua M Brown, April 22nd, 2012 at 11:00 am, Comments: 0

  72% of S&P stocks have "beaten" this earnings season. So what.