links for 2007-12-18
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And one obvious example of consumer irrationality continues to work in stores’ favor; namely, the Christmas shopping season itself.
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A great chapter-by-chapter review of Nassim Taleb’s book The Black Swan: The Impact of the Highly Improbable
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The new Cramer may be turning over a new, more responsible leaf. But he’s still a stock junkie through and through.
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“What lies ahead is a period of stagflation — slow or no growth combined with rising inflation — in the advanced economies,” says Joachim Fels, co-chief global economist at Morgan Stanley in London.
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everyone’s been so caught up with the shenanigans taking place in the financial sector that few have been paying much attention to that other long-running smoke-and-mirrors fiasco: government finances.
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This system is truly a standout in terms of winning percentage, drawdown, and profit factor. In the last 8 years a total of 116 buys have triggered and 88% of them were winners. The average winner was 3% and the average loser was about 2.3%.
More on this topic
(What's this?)
Rick Santelli Takes Down Jim Cramer
(Kirk's Market Thoughts, 1/23/08)
Jim Rogers Says Massive inflation is Coming
(Kirk's Market Thoughts, 10/26/08)
Mon, Dec 17, 2007
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