Robert Shiller

More Hot Links: Booms, Busts & Viking Treasure

More Hot Links for Weekend Reading… Trader Mark takes us back to what he was saying/ doing the week the market bottomed.  (FundMyMutualFund) Unemployed in their 40’s and 50’s.  (NYT) Big mistake: commercial fisherman who literally s%$& where they eat.  (True/Slant) Killer chart: Rise and fall of the US Dollar, 1800 to 2009.  (ZeroHedge) Robert…

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…

The Two Horsemen of the ETF Apocalypse: UMM and DMM

Allow me to introduce you to an investment product so disgracefully ridiculous that one could only assume it was launched on a dare. Very quietly, on June 30th 2009, some firm called MacroMarkets LLC (co-founded by the otherwise well-regarded Robert Shiller) launched two ETFs that purport to be able to give investors 300% of the return or it’s inverse of the…