Tuesday, 22 December 2015

Monday, 14 December 2015

Don't mourn the death of the commodities "super-cycle"
http://www.telegraph.co.uk/finance/commodities/12044596/Dont-mourn-the-death-of-the-commodities-super-cycle.html

Riot in the casino
http://www.zerohedge.com/news/2015-12-10/feds-painted-itself-most-dangerous-corner-history-why-there-will-soon-be-riot-casino

Algorithms will manage trillions of dollars in a few years—thanks to millennials
{http://qz.com/569705/americans-are-actually-starting-to-pay-with-their-phones/}

The Market Does The Fed’s Dirty Work
http://www.alhambrapartners.com/2015/12/13/the-market-does-the-feds-dirty-work/

misquote of the day
the road to a covenant breach is paved with good acquisitions.
Bryce Elder ft alpha

Tuesday, 8 December 2015

Tuesday, 1 December 2015

Great but turns into a feminist moan 'Computing is short of female heroines'
{http://www.intelligentlifemagazine.com/intelligence/cracking-coder}

Gwynne Dyer: Why Turkey wanted to shoot down a Russian plane

{http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=11552345}



Wednesday, 18 November 2015

Thursday, 12 November 2015

edit and repeat...
One of the extraordinary accomplishments of the algorithmic trading programs in the beginning of the 21st century was that it managed to take financial markets that were inherently profound and render them trivial.


World energy watchdog fears 1970s oil crunch as Mid-East regains stranglehold
{https://www.blogger.com/blogger.g?blogID=805465690489140608#editor/target=post;postID=6897291774103427179}

Monday, 9 November 2015

Bitcoin , MMM and the pyramid carson grain storing scheme.
{http://ftalphaville.ft.com/2015/11/09/2144388/im-no-crook-declares-mmm-scamster-while-claiming-credit-for-the-bitcoin-price-spike/}
&
{http://marginalrevolution.com/marginalrevolution/2015/11/bully-for-ben-carson.html}


Italy’s negative bond yields speaks volumes about Europe’s economy
{http://www.scmp.com/comment/insight-opinion/article/1875879/italys-negative-bond-yields-speaks-volumes-about-europes}
"In November 2011, Italy’s 2-year yield stood at a crippling 7 percent"
"Last week, Italy, a country with the second-highest public debt burden in Europe after Greece, sold 2-year bonds at a negative yield for the first time."

Tuesday, 27 October 2015

Howard on Sports and minimalising error

Chess attacks
{http://boingboing.net/2015/10/26/how-to-play-chess-like-an-assh.html}

‘The Old Man and the Sea’ Resonates Both with Political Dissidents and Xi Jinping
http://www.chinafile.com/reporting-opinion/caixin-media/hemingways-literary-escape


The Old Man and the Sea is at heart a hymn to perseverance, endurance, faith, and resourcefulness.

and some poems
{http://100.best-poems.net/top-100-best-poems.html}

Wednesday, 14 October 2015

Periculo ex maChina
The shadow convexity risk in the machine (and the VIX)
{http://ftalphaville.ft.com/2015/10/13/2142116/the-shadow-convexity-risk-in-the-machine-and-the-vix/}
 'The Vix, Cole notes, is experiencing epileptic seizures including erratic and violent outbursts up and down at the most frequent pace in history as new sources of structural short convexity interact with interventionist policy responses to crisis.'

= the volatility index has been volitile...perhaps

Monday, 14 September 2015

Wednesday, 9 September 2015

Tuesday, 8 September 2015

Friday, 14 August 2015



Scary - Corbyn
http://www.vox.com/2015/8/13/9149623/jeremy-corbyn

from June...'For £3 you can vote in the Labour leadership election – Labour is panicking as apparently a lot of Tories are signing up to vote for Corbyn (this is now known as doing a Balotelli, after Liverpool’s player of the year was Balotelli due to other clubs’ fan voting for him in an open Liverpool supporters’ vote).
http://www.labour.org.uk/blog/entry/how-to-vote-for-our-next-leader-and-deputy-leader'

Which country is most likely to have the next financial crisis?
{http://marginalrevolution.com/marginalrevolution/2015/08/which-country-is-most-likely-to-have-the-next-financial-crisis.html}

Foreigners Flee Thai Stocks as Patience Wanes Over Pledges
http://www.bloomberg.com/news/articles/2015-08-02/foreigners-flee-thai-stocks-as-patience-thins-over-junta-pledges

Japan’s longest day: plot that nearly prevented war from ending
http://www.ft.com/cms/s/0/f8622748-4199-11e5-9abe-5b335da3a90e.html#axzz3ifBZfFb4

Thursday, 13 August 2015

Borris Falstaff


SPIEGEL: A short time ago, you purchased three water cannons from Germany for a quarter of a million pounds, but the home secretary has forbidden their use in Britain. Was this your worst deal ever?
Johnson: Rubbish, it was brilliant deal.

http://www.spiegel.de/international/europe/spiegel-interview-with-london-mayor-boris-johnson-a-1047789.html

Wednesday, 15 July 2015


The 37 Best Websites To Learn Something New
{https://medium.com/keep-learning-keep-growing/the-37-best-websites-to-learn-something-new-895e2cb0cad4}

Learn Guitar



"Greece "So, if we believe in the national income accounting identity Y=C+I+G+X, then we have positive outlooks for G, I, and X written into the numbers. I think it very much makes sense to look for a bounce back, quite soon."
Glad that's sorted then...

Wednesday, 8 July 2015


‘Wisdom of Crowds’ is Surprisingly Dumb
http://www.ritholtz.com/blog/2015/07/wisdom-of-crowds-is-surprisingly-dumb/

Can You Really Game Index Funds?
http://www.bloombergview.com/articles/2015-07-07/can-you-really-game-index-funds-

Tuesday, 7 July 2015

'Neither the Chinese stock slide or the Greek ‘no’ vote are having much of an effect on the gold price'
{http://ftalphaville.ft.com/2015/07/06/2133708/a-not-very-golden-crisis/}

Friday, 26 June 2015

Monday, 8 June 2015


How central banks have sown the seeds for the next financial crisis
{http://www.telegraph.co.uk/finance/economics/11651696/Another-downturn-could-still-come-but-nobody-can-tell-you-when.html}

The Ugly Truth About Horse Racing
{http://www.theatlantic.com/entertainment/archive/2014/03/the-ugly-truth-about-horse-racing/284594/}

Farming in the Sky
{http://www.theatlantic.com/technology/archive/2015/05/farming-in-the-sky/392045/}

Thursday, 4 June 2015

some summertime reading..
{http://www.bloombergview.com/articles/2015-06-03/books-that-earn-a-place-on-summer-reading-list}

Monday, 27 April 2015

Thursday, 23 April 2015

Avoiding easy losses
{http://adamhgrimes.com/blog/an-easy-way-to-avoid-some-losses/}

Dear SRA, a problem solved? Quindell
{http://ftalphaville.ft.com/2015/04/23/2127341/dear-sra-a-problem-solved/}

Sarao Trader :It smacks of post hoc, ergo propter hoc reasoning
{http://ftalphaville.ft.com/2015/04/22/2127446/executing-trader-sarao/?}

"Attributing the Flash Crash to his activity is also highly problematic. It smacks of post hoc, ergo propter hoc reasoning. Or look at it this way.The complaint alleges that Sarao employed the layering strategy about 250 days, meaning that he caused 250 out of the last one flash crashes. I can see the defense strategy. When the government expert is on the stand, the defense will go through every day. “You claim Sarao used layering on this day, correct?” “Yes.” “There was no Flash Crash on that day, was there?” “No.” Repeating this 250 times will make the causal connection between his trading and Flash Clash seem very problematic, at best. Yes, perhaps the market was unduly vulnerable to dislocation in response to layering on 6 May, 2010, and hence his strategy might have been the straw that broke the camels back, but that is a very, very, very hard case to make given the very complex conditions on that day."

and more on Sarao
{http://www.bloombergview.com/articles/2015-04-21/guy-trading-at-home-caused-the-flash-crash}

Thursday, 16 April 2015


The bubble question & mean reversion
http://www.economist.com/blogs/freeexchange/2015/04/china-booming-stockmarket

'The Shanghai index, which includes China’s biggest companies from banks to oil majors, is trading at a forward PE of about 15, in line with its ten-year average'

Tuesday, 14 April 2015

Monday, 23 March 2015

Monday, 9 February 2015

Thursday, 5 February 2015

Monday, 2 February 2015

Nails it every time, Joseph Calhoun on Bret Easton Eliss, oh and rates
{http://www.alhambrapartners.com/2015/02/01/less-than-zero/}

Cognitive vs. behavioral in psychology, economics, and political science
{http://andrewgelman.com/2015/01/30/cognitive-vs-behavioral-psychology-economics-political-science/}

Greece needs Thatcheropoulous
{http://marginalrevolution.com/marginalrevolution/2015/02/sentences-to-ponder-about-greece.html}

A High Holborn Pub Stroll – Part 1 | THE HOLBORN
http://theholbornmag.com/2013/01/11/a-holborn-pub-crawl-part-1/



And more
{http://www.telegraph.co.uk/travel/destinations/europe/uk/london/10725161/Londons-best-historical-pubs-the-ultimate-tour.html}

The best adventure storieshttp://boingboing.net/2015/02/03/the-best-adventure-stories-for.html

Tuesday, 27 January 2015

What’s driving the price of oil down?
'little tool you can use to calculate how much of the change in the price of oil between any two dates would be attributed to demand factors'
Lauren Randolph















{https://medium.com/vantage/elaborate-sets-and-casting-lead-to-one-evocative-photo-e5b56d48c7ab}

Monday, 19 January 2015

Not your usual oil-price decline effect
'The key point to takeaway: the drop in commodities may be
supply/demand agonistic and more reflective of a global dollar
liquidity shortage than anything else.'
{http://ftalphaville.ft.com/2015/01/19/2091982/not-your-usual-oil-price-decline-effect/}

Is a Climate Disaster Inevitable?
{http://www.nytimes.com/2015/01/18/opinion/sunday/is-a-climate-disaster-inevitable.html?partner=rss&emc=rss&_r=0}

Terrorism is Not the Bigger Danger
{http://jasonkapkirwok.com/about/articles-by-jason-kapkirwok/57-terrorists-are-not-the-real-danger/}

Bankers' Bonuses, Roman Style
{http://www.historytoday.com/stephen-clarke/bankers-bonuses-roman-style}

The Secret Scam of Cheap Earbuds
{http://gizmodo.com/5617200/the-secret-scam-of-cheap-earbuds}

The Secret to Raising Smart Kids
{http://www.scientificamerican.com/article/the-secret-to-raising-smart-kids1/}

Drones are getting better faster than anyone expected
{http://www.theverge.com/2015/1/9/7519305/ces-2015-drones-intel-realsense-asctec-firefly}

Monday, 12 January 2015

Brent Crude Future prices
White line is Feb15 2015 future moving up in 6 monthly contracts to August 2019


No growth or a fear bubble?
{https://medium.com/@DuncanWeldon/no-growth-or-a-fear-bubble-ad8cabe84fad}

The global economy could be on the verge of a once-in-a-generation transformation
{http://www.telegraph.co.uk/finance/economics/11334099/The-global-economy-could-be-on-the-verge-of-a-once-in-a-generation-transformation.html}

Only 1.6 percent of world's oil production at risk at $40
{http://www.reuters.com/article/2015/01/09/us-oil-supplies-idUSKBN0KI1XN20150109}

Entire oil complex slips into contango for first time since 2009
{http://www.reuters.com/article/2015/01/09/us-markets-oil-contango-idUSKBN0KI0VJ20150109}

The Real Story of How America Became an Economic Superpower
{http://www.theatlantic.com/international/archive/2014/12/the-real-story-of-how-america-became-an-economic-superpower/384034/}

Britain’s self-perpetuating property racket
{http://www.ft.com/cms/s/0/b82aa19a-95c4-11e4-a390-00144feabdc0.html?siteedition=uk#axzz3OK10Ze5r}

The Real Story of How America Became an Economic Superpower
{http://www.theatlantic.com/international/archive/2014/12/the-real-story-of-how-america-became-an-economic-superpower/384034/}

Why Fighting Oligarchs Is a Bad Idea
{http://www.bloombergview.com/articles/2015-01-07/why-fighting-oligarchs-is-a-bad-idea}

Thursday, 8 January 2015