Stuff I’m Reading this Morning… Elliot wave fanatic Bob Prechter looking for $10 a barrel crude oil over the next few years, completing the supercycle that started in the 90’s. (Clusterstock) Karl Denninger explains karma to Bank of America. (MarketTicker) Abercrombie can’t catch a break. (YahooFinance) Michael Jackson‘s glittery glove is going up for auction….
Michael Jackson
Breakfast Links: Meatbags & the Cheese Purse
Stuff I’m Reading this Morning… Are you ready for the torrent of earnings as 143 of the S&P 500 companies report this week? Here’s a preview: (TheStreet.com) Dissecting Joseph Stiglitz, this era’s “rockstar” economist. (Economist’s View) Pimco and a group of bondholders bail out CIT. Yay, I think… (Reuters) The battle for White House influence…
Hot Links: Goodbye Walter Cronkite
Hot Links for Weekend Reading… Yeah, they’re beating earnings estimates, but the revenues? Not so much. (TBP) The truth about all those vacant apartments in NYC. (Mises.org) Economy upgraded from “Catastrophe” to “Sucks” by Larry Summers. (Andy Borowitz) A MOMENT OF SILENCE FOR WALTER CRONKITE‘S PASSING AT 92. (NY POST) A pie chart of how…
We Are All Michael Jackson?
Whoa Nelly! Bob Herbert just wrote quite a stretch of an op-ed during the course of which he connects enough dots to make the point that we as a nation are essentially the irresponsible, immature Michael Jackson writ large. This one’s a massive stretch and, as it appears in the New York Times, unsurprisingly uses…
Hedge Funds and the Gloved One
That Michael Jackson‘s finances were a mess was always very well known. What many don’t know is that some of our favorite financial runaway trains were active participants in Jackson’s monetary fantasy world. The Fortress Investment Group (FIG), which went public in one of the most spectacularly horrible IPOs of all time, was at one…
Goodbye, Michael
[youtube=http://www.youtube.com/watch?v=15SxqqwF63U] One of the most talented entertainers in the history of the world has passed. The above video shows Michael Jackson at the pinnacle of his career, on the Motown 25th Anniversary Special in 1983. That’s how I choose to remember him. Here are some of the biggest stars in the world and their reactions yesterday…
