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…
Chart o' the Day: Oy VIX
Think you saw panic this week? Well you did, but not max panic.
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.
Active Managers Riding Apple's Coattails
Bloomberg is out with a look at actively managed mutual funds who’ve seen a big chunk of their returns come from simply overweighting Apple ($AAPL) over the last several years…
