Doin' It Bloggystyle: Random Beards, Those Whacky Economists, Trade Show and the Wright Stuff!
Minyanville brings together the best of what they are saying "out there" about the topics we're talking about right here.
Blogs themselves need no introduction, as they get as much publicity as pretty much anything these days, save maybe the latest Britney news. There's an expanding world of excellent financial blogs, covering pretty much everything from global economics to swing trading. Minyanville's goal is to bring together the best of what they are saying "out there" about the topics we're talking about right here.
Rock Star Investors!
Nothing could possibly excite Financial Media more than a Rock Star Investor buying a stake in a Big Cap Titan. Abnormal Returns scans the globe and finds these opinions.
- Citigroup's (C) worst nightmare? FT Alphaville wonders.
- Peridot Capitalist points out that hopes for some Lampert activism may be overly optimistic given his small stake.
- Richard Sichel, chief investment officer of Philadelphia Trust Co, says "the market is hoping he can come in and create value in one way or another by cost cutting or finding value in the different parts," via Dealbook.
- Felix Salmon finds that assessment of Lampert's power a tad optimistic.
Those Whacky Economists
- Barry looks at the Core Inflation/Headline CPI Spread here and here. Conclusion? "BLS has been consistently under-reporting inflation over the past eight years."
- The Mess That Greenspan Made glances at the new working relationship between Sir Alan and Sir Bill Gross.
- Lots of chatter about this Times article by Tyler Cohen. Why Is Income Inequality in America So Pronounced? Consider Education. Here's some parsing from Economists View.
- Brad Sullivan gets chart crazy. A little blowoff in the DJIA vs. Russell?
- A crude oil trading system from Bill Rempel.
- Why isn't Wal-Mart (WMT) in the Real Estate Agent biz, wonders Muckdog.
- OptionAddict goes over some exits.
The Wright Stuff
- This from the New York Times. "Anecdotal evidence, collected from bartenders, merchandise dealers and bleacher creatures, suggests that the Mets - with their core of young, flashy players and recent winning ways - are taking substantial bites out of the Yankee fan base, at least in Westchester."
- Just waiting for one of Westchester's last Yankee fans, someone like Dave, to ping me that a bunch of kids are outside his door singing "Jose... JoseJoseJose... Jose... Jose."
- The Nation still hasn't caught on though. according to Darren Rovell. "In terms of total items sold this year, the Yankees made up 18.7 percent of all Major League Baseball team sales and 22.7 percent of the licensing money came from the Yankees, according to market tracking firm SportsOneSource. Compare that with the Mets, who only made up 4.3 percent of total items sold and 5.3 percent of the dollars grossed from the sale of MLB items this year. "
- The NYTimes' fossilized sports columnists continue to drive me nuts with comments like this: "In the Mets' success and the Yankees' struggle approaching their annual intramural inspection beginning tomorrow night at Shea, they continue to hold tryout camps for another starting pitcher. Hardly the ideal situation for two teams expected to be competing in October."
- The Mets are 3rd in the league in ERA, Mike Pelphrey laid an egg as the 5th starter, and the team replaced him with Jorge Sosa, who is now 3-0 with a 2.25 ERA in 20 innings. How is that possibly a huge worry? I repeat, this is the 5th starter.
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