Alea

Abnormal Returns

Friday links: uncertainty and opportunity

“It’s like a slow motion, controlled crash.”  (Trader Mike also Trader’s Narrative)

We are headed for the second worst week in Dow history.  (Bespoke)

“It’s forced selling.”  (Bill Rempel ...

A Dash of Insight

How NOT to Think about Your Investments

Many stocks, perhaps most stocks, are trading at prices that do not reflect fundamental value, as determined by traditional methods.  The excellent team at Bespoke Investment Group, one of our featured ...

The Aleph Blog

Blame Game, Redux

When I write, I don’t always know what will be popular, and what won’t.  Personally, I thought my article Rethinking Insurable Interest was the more innovative of my two articles last ...

Stumbling and Mumbling

Healey blurts it out

Local government minister John Healey has blurted out the ideology of our rulers. Councils, he says:are in a different position from individual savers. They are intelligent, they’re well-informed investors…This is ...

Paul Krugman

Falling short

Wouldn’t it be nice if, just once, policy makers exceeded expectations instead of falling short? Actually, it would be more than nice: until that starts happening, policy will keep losing ...

Le blog d'éconoclaste

Biais médiatiques dans le traitement de la crise financière

La crise financière n'est pas un sujet facile à traiter par les médias : elle impose de décrire et de comprendre des phénomènes abstraits et compliqués, des évènements rapides, dans le ...

WSJ.com: Real Time Economics

Paulson: ‘Aggressive’ Global Effort Planned; U.S. to Take Bank Stakes

U.S. Treasury Secretary Paulson said he and his Group of Seven counterparts had agreed to an “aggressive” plan to deal with a financial turmoil that has quickly ballooned into a “global ...

FT Alphaville

The Weekender

On FT Alphaville this week, - FTSE 100 crash. - Dow crash - Pound crash. - Asia crash. - Commodities crash. - World trade crash. - So, stand and delever. ...

Angry Bear

Hank Paulson's Two Choices Explained

Right now, Hank Paulson has two choices.

orRight now, he claims to be pushing toward the second, but isn't getting out of the cab.

naked capitalism

"State to save HBOS and RBS"

Britain is moving quickly to use the its new bank rescue facility, which was increased from £59 billion to £75 billion. Note the article suggests that stock market trading may ...

Portfolio.com: Market Movers

Extra Credit, Friday Edition

Cramer Should Be Suspended: "His market call on the Today Show this week for investors to completely liquidate out of the stock market is the most irrational market commentary I ...

Brad Setser: Follow the Money

Scared (sovereign) capital

Central banks with lots of reserves have not been running away from the dollar. But they do seem to be running away from any dollar asset with a hint of risk. ...

Economix

Which Generation Has It Worst?

Voice your opinion on which generation will suffer most as a result of today's financial crisis.

WSJ.com: MarketBeat

Five Days, 1900 Points, and No Solution

A programmer for the trading desk at an electronic foreign-exchange and equity network was smoking outside a financial office in Jersey City, N.J., around 6 p.m. Thursday. The man was red ...