Well, what the heck: why not use a great line, slightly altered, to make a point?
The point being that what Pink Floyd once called “what the fighting’s all about” (at least as far as capital markets go) is not, strictly speaking, the economy.
Sure, everybody has an opinion [...]
Learning to Love Insider Trading
Here's a hot tip: Want to keep companies honest, make the markets work more efficiently and encourage investors to diversify? Let insiders buy and sell, argues Donald J. Boudreaux.
So reads the deliberately eye-catching headline on the front page of the “Life &' [...]
It is not Google’s upbeat economic comments on last night’s earnings call we will be, for lack of a better term, extolling here today—although Google’s CEO, Eric Schmidt, stated in no uncertain terms that business is coming back.
Here’s how he began the call, courtesy of the indispensible [...]
One of the things they do better in Europe than we do in the United States is the way they drink coffee: in mugs.
In Italy, of course, most coffee gets consumed at espresso bars entirely unlike the typical Starbucks, which drew its inspiration from Italy but [...]
Every day our inbox contains at least one missive packed with seductively scientific jargon professing to predict the future of the stock market.
This jargon is known as technical analysis, and it is appealing to many investors thanks not so much to its proven worth, but to its [...]
A hallmark of any major market rally—like the one we’ve had since the March give-up—is what we here at NotMakingThisUp call Grumpy Analyst Syndrome.
G.A.S. occurs when Wall Street’s Finest—who generally get around to throwing in the towel on their favorite stocks only at the tail end of [...]
***System Administrator Warning***
The Following Column Contains Positive Statements about
Lawmakers on Recess Take Wing for Distant Shores
By Brody Mullins and T.W. Farnam
—The Wall Street Journal
Rep. Nick Rahall (D., W.Va.) is island-hopping this week in the Pacific. Rep. Keith Ellison (D., Minn.) is tweeting from Kenya. Sen. Richard Shelby (R., Ala.) is preparing for a [...]
The Least Helpful Call you will receive today is so un-helpful as to be almost unbelievable.
But since we here at NotMakingThisUp strive not to make things up, well, here goes:
Barclays is today upgrading Varian from “Underweight” to “Equal Weight.”
For those of you who recall something [...]
Aaron Goldzimer, through Andrew Ross Sorkin:
Given role of rating agencies in the current economic crisis, their use of flawed models…why do you retain such a large holding in Moody’s?
Warren Buffett:
In terms of selling their [Moodys’] stock, the odds are the ratings agencies are [...]
Being on a road trip, we’ll take what papers we can get. And today that means The New York Times.
Just last week in “Nobel Freakonomics” we mentioned the Times in a less-than-flattering light—i.e. that we haven’t been reading it for serious news since the publisher decided [...]
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“Now he’s gone and joined that stupid club.”
—Wendy O’Connor (Kurt Cobain’s mother) after her son killed himself, joining Jimi Hendrix, Janis Joplin and Jim Morrison, rock stars dead at 27.
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Okay, so we’ve been in a thankful mood recently (see “Thanks, Google” from June 15), and we’re going give thanks [...]
Coming soon to these virtual pages.