Observations, Calculations, and Values
Here’s one way to tell the degree by which the US Dollar is overvalued against the Yuan. According to The Economist:
The Big Mac index
Taste and see
Jan 6th 2010
From Economist.com
Burgernomics shows the Chinese yuan is still undervalued
THE Big Mac index is based on the theory of purchasing-power parity (PPP)—exchange rates should equalise the price of a [...]
Bill Fleckenstein writes a wonderful column on MSN Money on a weekly basis. Recently, he came up with this gem of wisdom:
We’ll know gold is overcrowded when . . .
For the long-gold trade to really become too crowded, certain events will need to occur:
Goldman Sachs (GS, news, msgs) will have had “bus tours” to a [...]
Joshua Brown is the publisher of an clever, interesting, and fun finance blog called The Reformed Broker. His Periodic Table of Finance Bloggers deviates a bit from the Periodic Table of the Elements, but it still does a great job of providing a good overview of a great many blogs about finance, including many that [...]
Actually, the story of the day is that Microsoft has been restricted from selling Microsoft Word in the US, by I4i. I had to read it to believe it.
According to CNET, I4I, which has about 30 employees, filed the relevant patent in 1994, and it was granted in 1998.
Apparently, the Judge upheld a [...]
I loved this chart on The Big Picture which compares, on an inflation adjusted basis, the astronomical amount of money spent the bailout, and shows how it’s greater than many of the giant funding programs of the last 200 years.
Here’s a graphical overview of the changes in US Employment over the recent boom to bust cycle, as published by TIP Strategies, an economic development consulting firm in Texas.
For those lacking the patience to watch the whole painful 30 second movie unfold, the jist of it is in the below graphic from another post [...]