Believe me, I have no empirical evidence to share about a turnaround in the economy as it probably doesn’t exist just yet. But I do have a hopeful and interesting story to share about a tech startup taking over the abandoned space of a shuttered hedge fund and making cool, cutting edge stuff. This is…
Green Shoots
John Mauldin on "The New Normal"
There is a new term being thrown about in the financial media and press almost as often as Green Shoots. A commentator citing the existence of economic Green Shoots is usually extrapolating positive data points that would ordinarily be de minimus to make the case that they are the first signs of Spring, coming up…
Market Recap: Paper Planes
[youtube=http://www.youtube.com/watch?v=asNbeOBZaTs] The Reformed Broker, AKA Ted Stryker, here with today’s Market Recap… You know it was a snoozer of a day when the most interesting thing can point out was the beating the airline sector took. The latest data on air traffic showed a decline of 3.1 % in April, after an 11.1% decline in…
Droppin' Knowledge: John Mauldin on Green Shoots
I’m going to give you the first paragraph of John Mauldin‘s latest Thoughts from the Frontline newsletter, and then I’m going to insist that you go read the rest when you get the time. Go to Google. Type in “green shoots.” In about a 10th of a second you will find 28,900,000 references. Scrolling through…
"Green Shoots" Are For Pandas
Lets put some overused terms out of their misery, a la “Hay is for Horses”: “Green Shoots” are for Panda Bears “Bailouts” are for Leaky Boats “Bonuses” are for Arcade Games “Treasury Departments” are for Countries That Actually Have Money “TARPs” are for Major League Baseball Rain Delays “Deflation” is for Pool Floats “Swaps” are…
