The Trader as Scapegoat
{http://www.nytimes.com/2015/04/28/opinion/the-trader-as-scapegoat.html?&assetType=opinion&assetType=opinion&_r=0}
Negative interest rates put world on course for biggest mass default in history
http://www.telegraph.co.uk/finance/comment/jeremy-warner/11569329/Jeremy-Warner-Negative-interest-rates-put-world-on-course-for-biggest-mass-default-in-history.html
and the bite
http://ftalphaville.ft.com/2015/04/29/2128115/no-alternative-you-say/
Billionaires versus big oil
http://fortune.com/2015/04/25/billionaires-versus-big-oil/
Wednesday, 29 April 2015
Tuesday, 28 April 2015
Tesla – What You Need to Believe Here
https://nemoincognito.wordpress.com/2015/04/27/tesla-what-you-need-to-believe-here/
Monday, 27 April 2015
Solar power will soon be as cheap as coal
http://qz.com/386261/solar-power-will-soon-be-as-cheap-as-coal/
Futuristic Simulation Finds Self-Driving “Taxibots” Will Eliminate 90% Of Cars, Open Acres Of Public Space
https://medium.com/the-ferenstein-wire/futuristic-simulation-finds-self-driving-taxibots-will-eliminate-90-of-cars-open-acres-of-618a8aeff01
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/?}
and more on Sarao
{http://www.bloombergview.com/articles/2015-04-21/guy-trading-at-home-caused-the-flash-crash}
{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
Fast Money, Fast Markets by Joseph Y. Calhoun
How Easy Money Drives the Stock Market By: Frank_Shostak
http://www.marketoracle.co.uk/Article50190.html
Monday, 6 April 2015
World interest rates, more on the Bernank
{http://econbrowser.com/archives/2015/04/world-interest-rates}
Are S&P 500 firms now 5/6 “dark matter” or intangibles?
http://marginalrevolution.com/marginalrevolution/2015/04/are-firms-now-56-dark-matter-or-intangibles.html
Wednesday, 1 April 2015
MR: Ben Bernanke on the secular stagnation hypothesis
{http://marginalrevolution.com/marginalrevolution/2015/03/ben-bernanke-on-the-secular-stagnation-hypothesis.html}
Justified -
Rick Ferri’s 30 Year Market Forecasthttp://www.etf.com/sections/index-investor-corner/rick-ferri%E2%80%99s-30-year-market-forecast?nopaging=1&curator=thereformedbroker&utm_source=thereformedbroker
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