On December 18th, the Public Broadcasting Service’s flagship station WNET issued a press release announcing the launch of a new two-year news series entitled “The Pension Peril.” The series, promoting cuts to public employee pensions, is airing on hundreds of PBS outlets all over the nation. It has been presented as objective news on major PBS programs including the PBS News Hour.
Daily Archives: February 13, 2014
Why is America’s largest cable TV company buying its biggest rival for $44 billion?
Why is America’s largest cable TV company buying its biggest rival for $44 billion? Well, not to oversimplify things, but that’s easy to explain:
http://qz.com/176837/one-sentence-and-six-charts-explain-why-comcast-is-buying-time-warner-cable/
Related Posts
- 59Square co-founder and Twitter chairman Jack Dorsey made an appearance at Y Combinator’s Startup School event where he spoke about acceptance and motivation in how you build a team and company. You can’t do something without a common share or purpose — you will wobble and not do anything that…
- 57Satya Nadella is Microsoft Corp.'s new CEO. But he ascends as co-founder Bill Gates returns to a more central role at a company struggling to catch up in mobile and other fast-moving technologies. Mr. Gates is giving up the chairman's role to become technical adviser to Mr. Nadella, the 22-year Microsoft veteran who was named…
- 57Yes, Twitter has a growth problem. But more than that, the company has another headache: Getting people to stick around after signing up. According to people close to the company, Twitter has seen more than one billion registrations to its service over the past seven and a half years. Stack…
- 57Let’s start with the premise that Twitch, the video-game watching network, is the next ESPN – you know, the jewel in Disney’s crown that, by itself, is worth $50.8 billion. Like ESPN, Twitch is about live competition, and, like ESPN, Twitch does exceptionally well in the highly desirable young male demographic.1 Obviously…
- 53The last time Bill Gates played an active role at Microsoft, as chief software architect, he witnessed the company muffing its earliest efforts to become a major player in search, smartphones and tablet computers. In the six years since then, he has watched as the technology industry changed without him.…
Did #Netflix really kick Blockbuster out of market
The Brutal 17-Year War Where Netflix Destroyed Blockbuster — In a Simple Infographic
Did Netflix really kick Blockbuster’s ass in a 17-year war marked by endless late fee-related shouting matches and Hot Tamale binges? Kind of. But according to this colorful infographic, it’s more complicated than that
Related Posts
- 61Please visit the souce :: http://econbrowser.com/archives/2014/09/interpreting-the-yield-curve-some-pictures Recently Jim highlighted the odd behavior of the various Treasury term premia. Here are some additional thoughts. First, from “Debt market goes off script” in the WSJ: Yields on short-term U.S. Treasury debt maturing in two to five years hit the highest level since…
- 59http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf
- 59King Midas lusted after it. The Incas worshipped it. Shiny flakes of it set off a 19th-century rush to California and ship captains never stop looking for it at the bottom of the sea. While gold has ignited passions for centuries, for today’s investors, it seems, the metal has been losing its allure.…
- 59Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
- 58Employment losses during the Great Recession may have had more to do with factors like the rise of Walmart than with the recession itself, two economists say in a new academic paper. The paper, presented Friday morning at the annual gathering of economists and central bankers at Jackson Hole, Wyo.,…
Finland, Netherland and Norway are the leaders
Reporters Without Borders releases 2014 Press Freedom Index
See the World Press Freedom Index and the 3-dimensional map “freedom of the press worldwide”
The 2014 Reporters Without Borders World Press Freedom Index spotlights major declines in media freedom in such varied countries as the United States, Central African Republic and Guatemala and, on the other hand, marked improvements in Ecuador, Bolivia and South Africa.
1 Finland
2 Netherlands
3 Norway
4 Lux
5 Andorra
6 Liecht
7 Denmark
8 Iceland
9 NZ
10 Sweden
46 US (33 in 2013)
Related Posts
- 72What if front pages were selected by newspapers’ readers instead of their editors? At NewsWhip, we’re always interested in the news stories people are choosing to share – and how those stories differ from the normal news stories editors put on the front pages of big newspapers. So we ran a little…
If market follows the same script, trouble lies directly ahead
There are serie parallels between the stock market’s recent behavior and how it behaved right before the 1929 crash.
That at least is the conclusion reached by a frightening chart that has been making the rounds on Wall Street. The chart superimposes the market’s recent performance on top of a plot of its gyrations in 1928 and 1929.
Related Posts
- 84http://www.swfinstitute.org/fund-rankings/
- 83Forex: 10 Events to Watch Next Week In order of release 1. UK Consumer Price Index (Aug 19) 2. New Zealand Dairy Auction (Aug 19) 3. RBA Semi-Annual Testimony (Aug 19) 4. Bank of England Minutes (Aug 20) 5. FOMC Minutes (Aug 20) 6. HSBC China Manufacturing PMI Aug Flash…
- 83Here are 10 warning signs that the markets may drop further. Vix fear gauge Rising US Treasury yields Credit insurance Rising US credit risk Rising UK bank risk Interest rate shock Bull market third longest on record Overvalued US market Commodity collapse Professional investors exit Watch those signs
- 83Brief History of that other economic designed crash of 1929 BBC documentary On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the…
Planning before US Unemployment
The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. The report will be released at 8:30 a.m. Eastern time Thursday.
APPLICATIONS MAY STAY LOW: Economists forecast that the number of people seeking benefits will dip 1,000 to a seasonally adjusted 330,000, according to a survey by FactSet. That level is roughly in line with pre-recession figures, a sign that corporate layoffs are low.
http://money.msn.com/business-news
Related Posts
- 87U.S. economy added 533,000 jobs during the first three months of the year What do we need to analyse ? -To keep pace, job creation would need to accelerate in April -Watch which sectors of the economy are adding jobs. -Flirting with Full Employment -Average hourly earnings -The participation rate…
- 72Perhaps the most notable development in the run-up to Friday's jobs report is just how low the bar has been set. The fact that the survey period over which the U.S. Bureau of Labor Statistics collected data for the report (the week that included the 12th of February) coincided with…
- 70Australia’s unemployment rate climbed to the highest level in more than 10 years in January, spurring traders to pare bets on an interest-rate increase and sending the Aussie to its biggest drop in almost three weeks. The jobless rate rose to 6 percent from 5.8 percent, the statistics bureau said…
- 70America has allowed its oil companies to export oil as announced in private letters to oil companies. This will, for sure, cause a stir in the global oil markets and lead to lower prices. Global oil prices previously soared due to the fall in the supply of oil- stoppage of oil exports…
- 69When President Obama took office in 2009 at the height of the recession, the annual budget deficit came in at 10.1 percent of gross domestic product -- a level not seen since the end of World War II. In the five years since, the budget deficit has been sliced more…
#EUR/USD fresh highs after breaking through 1.3650 resistance and 50DMA at 1.3655
EUR/USD fresh highs after breaking through 1.3650 resistance and 50DMA at 1.3655
Related Posts
- 80When even hedge funds are overwhelmingly on the same side of an investment as the broader market, you know it's a crowded trade. This is where the euro finds itself going into 2015. Traders, investment banks, asset managers and the so-called "smart money" of hedge funds are all betting…
- 75For investors, the key to 2017 will not be Brexit, nor the French elections but rather USA bond yields. If the 10-year yield breaches 3pc we would expect major dislocations in many markets and a huge repricing of assets across the globe.
- 74At first glance, the eurozone economy seems like it might finally be on the mend. True, according to some estimates, the eurozone economy may now be growing at an annual rate of 1.6%, up from 0.9% in the year to the fourth quarter of 2014. With the eurozone economy 2% smaller than it…
- 72After the U.S. imposed a fine of US$9 billion on BNP Paribas as the latter had helped countries like Sudan to avoid sanctions launched by the U.S., French finance minister Michel Sapin appealed that rebalancing of currencies used in international payments is possible and necessary; BNP's punishment case should raise…
- 70The Swiss National Bank (SNB) has set a minimum exchange rate of 1.20 francs to the euro, saying the current value of the franc is a threat to the economy. http://www.bbc.com/news/business-14801324 "The Japanese example with yen intervention teaches us that intervention can work in the very short term but changing…
Bad HFT Algo Blasts 2.5 Million Bogus Orders
On February 12, 2014, starting at 13:31 and running right up to market close, a high frequency trading (HFT) algo placed and canceled 5,000 to 30,000 orders per second in individual stocks and ETFs. Many seconds had more than 20,000 bogus orders.
There were 30 symbols affected: all beginning with the letter ‘O’, ‘P’, ‘Q’, ‘S’ or ‘T’. Not all stocks were listed on the same exchange, but as far as we can tell, these blasts of extreme quotes all had Nasdaq as the reporting exchange, which in interesting in light of the recent statement Nasdaq issued about the cause of the August 2013 blackout (more than 26,000 quotes per stock per second).
Related Posts
- 86A once esoteric corner of the stock market —- “order types” —- has taken center stage the past few years in the debate about the health of the market, the role of high-speed traders in it and how stock exchanges interact with clients. A big reason for the scrutiny: Order…
- 84Fears that high-speed traders have been rigging the U.S. stock market went mainstream last week thanks to allegations in a book by financial author Michael Lewis, but there may be a more serious threat to investors: the increasing amount of trading that happens outside of exchanges. Some former regulators and…
- 82The issues that remain un-addressed are most important, as flash crashes have significantly grown and the core legality of certain HFT practices remains unquestioned in most public debate Investment management magnet Cliff Asness has a problem with a Bloomberg View piece on High Frequency Trading (HFT) with particular focus on issues brought…
- 81The release of the latest Michael Lewis book, “Flash Boys,” and the subsequent report on “60 Minutes” has reignited the debate over the purpose and value of high-frequency trading (HFT). Like many innovations, HFT had some noble objectives when it first started (to improve both the cost and timing of…
- 79I wonder if SAC Capital's Steve Cohen sent Michael Lewis a thank-you note. Lately, it seems like all anyone can talk about is high-frequency tradingand the new book "Flash Boys." But long before there was HFT, there was insider trading. There's a common perception (fueled by a rabid media) that insider…
Central Bankers wants KISS
This week, the U.S. Federal Reserve and the Bank of England both made welcome moves toward more simplicity. Specifically, they recast the “forward guidance” they’d previously given investors about their intentions.
P:S
Definition of KISS
Related Posts
- 70It certainly could be, but the odds do not favor it. Statistically speaking, it is far more likely that a run-of-the-mill correction is now underway and working its way through each sector of the market, to varying degrees of severity. Counter-trend rallies are sharp and short (think Wednesday), which is…
- 68The August 2013 gross domestic product report by the US Bureau of Economic Analysis drew little attention, but it contained a fairly remarkable piece of data: Inflation-adjusted GDP per capita in the United States hit a new all-time high in the second quarter of 2013, the first time a new…
- 65För 10 år sedan verkade den globala ekonomin att vara på bättringsvägen. Räntorna gick ner till 1 %, Storbritannien var i sitt 12:e år av oavbruten tillväxt, Kina var en del av WTO och alla trodde på att marknaderna själva kunde korrigera sig. Den monetära systemkrasch som kom var oförutsedd…
- 64(Source http://www.independent.co.uk/news/business/comment/david-blanchflower/david-blanchflower-we-should-fear-deflation--not-welcome-it-9986726.html ) The UK isn’t in deflation yet. While central bankers know what to do about stopping inflation, they don’t know what to do about halting deflation. The Swiss National Bank last week abandoned its attempt to defend a currency floor, which caused a sharp appreciation in its currency, which…
Australian Unemployment Jumps to 10-Year High; Aussie Drops
Australia’s unemployment rate climbed to the highest level in more than 10 years in January, spurring traders to pare bets on an interest-rate increase and sending the Aussie to its biggest drop in almost three weeks.
The jobless rate rose to 6 percent from 5.8 percent, the statistics bureau said in Sydney. The median estimate was an increase to 5.9 percent in a Bloomberg News survey of economists. The number of people employed fell by 3,700.
Related Posts
- 70The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. The report will be released at 8:30 a.m. Eastern time Thursday. APPLICATIONS MAY STAY LOW: Economists forecast that the number of people seeking benefits will dip 1,000 to a seasonally adjusted 330,000, according…
- 63U.S. economy added 533,000 jobs during the first three months of the year What do we need to analyse ? -To keep pace, job creation would need to accelerate in April -Watch which sectors of the economy are adding jobs. -Flirting with Full Employment -Average hourly earnings -The participation rate…
- 58Please visit the souce :: http://econbrowser.com/archives/2014/09/interpreting-the-yield-curve-some-pictures Recently Jim highlighted the odd behavior of the various Treasury term premia. Here are some additional thoughts. First, from “Debt market goes off script” in the WSJ: Yields on short-term U.S. Treasury debt maturing in two to five years hit the highest level since…
- 56Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
- 56http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf