The Big Picture |
- 10 Thursday PM Reads
- Engineering for Real-Time at Twitter
- How Much Money Will Consumers Spend This Holiday Season?
- Can Litigation Bring Down Wall Street?
- Corporate Tax Avoidance?
- Tax Avoidance on The Rise
- My Big Fat Greek Thursday AM Reads
- Draghi says lets get this party started now
- The Mike Tyson Quotes Song
- FOMC Statement – Changes Versus Last Month
Posted: 03 Nov 2011 01:30 PM PDT Here is my afternoon train reading:
Happy third blogiversary to Josh! > |
Engineering for Real-Time at Twitter Posted: 03 Nov 2011 01:00 PM PDT |
How Much Money Will Consumers Spend This Holiday Season? Posted: 03 Nov 2011 11:30 AM PDT Source: |
Can Litigation Bring Down Wall Street? Posted: 03 Nov 2011 09:00 AM PDT |
Posted: 03 Nov 2011 07:29 AM PDT Last week, I tossed up an infographic about corporate tax rates. There was fierce pushback, challenging the numbers. So I set about to find out some more info on the subject. The results of that are seen in the reads this morning, but more significantly, the report from the Greenlining Institute, titled Corporate America Untaxed: Tax Avoidance on the Rise. Its posted in the Think Tank, and makes for interesting reading. |
Posted: 03 Nov 2011 07:15 AM PDT |
My Big Fat Greek Thursday AM Reads Posted: 03 Nov 2011 07:00 AM PDT My big fat Greek morning reads:
What are you reading? |
Draghi says lets get this party started now Posted: 03 Nov 2011 05:04 AM PDT With a new sheriff in town, the ECB is surprisingly cutting interest rates to 1.25% from 1.5%. While their sole mandate is inflation and the euro zone CPI is running 3%, Draghi is obviously betting on a fall in that inflation rate on the Phillips curve belief that lower growth will eventually lead to lower inflation. The 1970′s turned that theory on its head but some still have faith, including the Federal Reserve. In terms of impact, the move is more symbolic than anything as moving rates from 1.5% to 1.25% isn’t going to move the needle for a region that is suffering from structural economic stagnation and too much debt. Psychologically though, markets love it just as it loves every easing move by the Fed. Cheap money! Party on! |
Posted: 03 Nov 2011 05:00 AM PDT A song I put together using Mike Tyson Quotes. Download song here http://justdavemusic.bandcamp.com/track/mike-tyson-quotes-the-song Follow me on twitter http://twitter.com/#!/JustDaveBklyn hat tip world’s best ever |
FOMC Statement – Changes Versus Last Month Posted: 03 Nov 2011 03:15 AM PDT As was expected, there was no change in the formal interest rate policy. However, watching the press conference was interesting in that Mr. Bernanke hinted several times at additional monetary stimulus that was ready to be provided – if necessary. The FED downgraded their economic outlook. The most recent FOMC statement release changed from last month's, when there were modest signs of growth. Blame for this was placed on the natural disaster in Japan, and the debt problems in Europe. Mr. Bernanke also was forward in his thoughts that monetary policy alone cannot solve the unemployment issue. He has previously suggested that its “up to Congress” to apply Fiscal stimulus to the Fed’s Monetary stimulus. Bernanke seems disappointed that the massive stimulus which the FED has already provided has done little to help bring down the unemployment rate. > click for large clean version Hat tip Horowitz & Company Embedded version after jump
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