- Hey...it's all a game, right?
- Above, interesting comparison of Secular Bear Markets. You'll notice that the stock returns are inflation adjusted which means that stocks don't necessarily have to go down. Instead, they may just appreciate at a slower rate than inflation (reference here...scary) which drives their real value down. Also, of note is the ending P/E (price to earnings) ratio. Just a historical reference for the curious.
- Speaking of inflation...Info on the German Weimar Republic in the 1920's.
- Reminder...Ben Bernanke got it wrong pre-crisis. What makes you think he's right now?
- Eliminating teacher tenure as a way to improve school results? Interesting example.
- Below, Employment Report day tendencies.
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