Everything you’ve ever wanted to know about rip-your-face-off rallies
Joshua M Brown
Dating in 2011
Cartoon.
Stat o' the Day: $2.5 Trillion
Anyway, let’s take a look at the damage wrought by this summer’s mini-crash, which as I write is now in its 11th day…
Face-Ripper ™
July Non-Farm Payrolls better than expected: Up 117,000 and the Unemployment Rate drops to 9.1%.
Media: Narrating the Worst Selloff in Years
Video.
The ETF Singularity, It is Here!
My piece at the Wall Street Journal today looks in on the tinkerers and you won’t believe what they’re up to!
Lunch Links: Jump Out the Window
Links to read.
Kenny: I Miss George W Bush
Video.
Panic at the Disco! Germany and France Poleaxed
French and German banks have €689 billion worth of exposure to Italian government and corporate debt, and another €801 billion of exposure to Spain, Ireland, Greece and Portgual.”
Think 1938, Not 2008
It’s too early to call a double dip recession as being imminent or inevitable, but it’s never too early to mentally prepare for one.
