Category Archive: Entertainment
The Economics Of Disney’s Frozen
“Frozen fever” largely passed over my house. As the father of two young boys, I’m a lot more likely to have Teenage Mutuant Ninja Turtles playing on my living room TV. Still, even my rowdy boys have watched Frozen a few times, and I’ve caught my wife singing Let It Go more than once. Frozen is the highest-grossing animated movie in history – bringing in […]
Bloomberg Erroneously Reports Fairholme Sells Fannie Common
This is pretty bad………. From the 13F-HR footnotes on Fairholme’s SEC filing…. For purposes of this Form 13F-HR for the third quarter of 2014, the filer is not disclosing its holdings in both Federal Home Loan Mortgage Corp and Federal National Mortgage Association, because such securities are not included on the Official List of Section 13(f) (full list) securities […]
Mission Accomplished: Stocks & Homeless Kids Hit All-Time Highs
Guest Post By Simon Black via Sovereign Man blog Something is dreadfully wrong with this picture. In a report just released today by the National Center on Family Homelessness, a team of academics has demonstrated that the number of homeless children in the Land of the Free now stands at 2.5 million. This is far […]
The First Libertarian?
Most libertarians count Murray Rothbard as one of their mentors. They will know that Rothbard’s primary mentors were Ludwig Von Mises and Friedrich Hayek. But Rothbard dug deeper in his search for libertarian thinking. Here is a little-seen paper that he wrote in 1967: The first libertarian intellectual was Lao-tzu, the founder of Taoism. Little […]
Pressures On US Economy Just Increased
I have been suggesting that the U.S. economy would likely be unable to meet current estimates of sustained and robust economic growth of 3% or more due to the global slowdown. Despite ongoing Central Bank interventions, the deflationary pressures in the Eurozone and Japan are likely to flow back to the U.S. sooner rather than […]
Chinese Inquiries On U.S. Real Estate Soar 35% After Easing Of Visa Rules
In a nation in which 1 out of every 3 homes is unaffordable, you’d think the primary goal of public policy wouldn’t be to ensure real estate becomes even more out of reach for the average citizen. However, we live in a country in which policy isn’t being driven by logic and what’s in the best interest of “the people,” rather, we live in […]
EC Surprise: Speculators Are Long Oil
Oil prices have declined for the better part of the past five months. The unexpected contraction in the Japanese economy in Q3 underscores that the strong supply growth is taking place amid weakening demand. OPEC’s meeting is still ten days away. Remember that OPEC oil is mostly the heavy sour variety, while the US shale product […]
E Inovio Discloses Deal Break-up Over Prostate Cancer Deal – Roche To Still Collaborate On Hepatitis B Vaccine
Shares of Inovio Pharmaceuticals (INO) tumbled around 10% today on the news that the Roche deal with Inovio’s Prostate cancer vaccine, known as INO-5150, is being dropped. Both Inovio and Roche were to collaborate on INO-5150 and Roche was going to help fund the pre-clinical costs and other clinical expenses. The reason for the termination […]
Time For A Gold/Silver ETF
Does a rising ratio foretell a reversion? I can’t believe nobody’s done this before. I mean putting out a gold/silver ratio ETF. During the recent precious metals swoon, it would have been a real money maker. While gold and silver tumbled from their lofty heights over the past 3½ years, the ratio’s risen to near […]
EC Investors Make Up New Rules For Their New Market Paradigm
Investors in U.S. equities seem to have embraced a new market paradigm in which upside spikes come more swiftly than the downside selloffs. Remember when it used to be the other way around? When fear was stronger than greed? The market is consolidating its gains off the early-October V-bottom reversal, and no one seems to be in […]
