Sunday, December 6, 2015

10 Million Finance Jobs Lost Since 2000 + MORE 7:19 pm Dec 6th

Given that billionaire Cliff Asness was a research assistant to the founder of the Efficient Market Theory, it might seem logical that he wouldn’t particularly care to know the fundamentals of a stock, since most Efficient Market Theory proponents believe price reflects all relevant fundamentals of…

Continue Reading On insidermonkey.com »

Trump: The Data

– ritholtz.com

Nate Silver told me Donald Trump can’t win.
You remember Brother Nate, who called the last election which Mitt Romney thought he was gonna win and Karl Rove couldn’t believe he lost. Silver got it exactly right in the “New York Times,” which unlike a winning sports team didn’t give him what he wanted, so Silver decamped to ESPN, where he’s been marginalized…

Continue Reading On ritholtz.com »

10 Million Finance Jobs Lost Since 2000

– thereformedbroker.com

I’ve written before about the IPO drought and the missing tier of investment banking support for smaller companies as a result of the decimalization of trading. What’s made transacting cheaper for investors has made the cost of being public higher and less worthwhile, to some degree (firms don’t write research when there are no profits to be had from market-making)…

Continue Reading On thereformedbroker.com »

Monthly Macro Update November: Mish Video With Gordon Long

– globaleconomicanalysis.blogspot.com

Every month, I get together with Gordon Long to produce a video discussion of macro events of the past month. This is the second video we have done. Prior to that, I have been with Long on three or four occasions, but not on any kind of schedule.This month we discuss the EU refugee crisis, another Japanese recession, the US subprime auto sector, the likelihood of a US recession, and other topics…

Continue Reading On globaleconomicanalysis.blogspot.com »

In an age of uncontrollable political correctness and micro-aggression across America's colleges, one university has taken a different tack this week. Speaking to an estimated 10,000 strong campus community, Liberty University President Jerry Falwell Jr. urged students, staff and faculty at his Christian school to get a permit to carry a concealed weapon on campus, so that "we could end those Muslims before they walked in…

Continue Reading On zerohedge.com/ »



from Royalty Gateway http://www.royaltygateway.com/10-million-finance-jobs-lost-since-2000-more-719-pm-dec-6th/
Given that billionaire Cliff Asness was a research assistant to the founder of the Efficient Market Theory, it might seem logical that he wouldn’t particularly care to know the fundamentals of a stock, since most Efficient Market Theory proponents believe price reflects all relevant fundamentals of…

Continue Reading On insidermonkey.com »

Trump: The Data

– ritholtz.com

Nate Silver told me Donald Trump can’t win.
You remember Brother Nate, who called the last election which Mitt Romney thought he was gonna win and Karl Rove couldn’t believe he lost. Silver got it exactly right in the “New York Times,” which unlike a winning sports team didn’t give him what he wanted, so Silver decamped to ESPN, where he’s been marginalized…

Continue Reading On ritholtz.com »

10 Million Finance Jobs Lost Since 2000

– thereformedbroker.com

I’ve written before about the IPO drought and the missing tier of investment banking support for smaller companies as a result of the decimalization of trading. What’s made transacting cheaper for investors has made the cost of being public higher and less worthwhile, to some degree (firms don’t write research when there are no profits to be had from market-making)…

Continue Reading On thereformedbroker.com »

Monthly Macro Update November: Mish Video With Gordon Long

– globaleconomicanalysis.blogspot.com

Every month, I get together with Gordon Long to produce a video discussion of macro events of the past month. This is the second video we have done. Prior to that, I have been with Long on three or four occasions, but not on any kind of schedule.This month we discuss the EU refugee crisis, another Japanese recession, the US subprime auto sector, the likelihood of a US recession, and other topics…

Continue Reading On globaleconomicanalysis.blogspot.com »

In an age of uncontrollable political correctness and micro-aggression across America's colleges, one university has taken a different tack this week. Speaking to an estimated 10,000 strong campus community, Liberty University President Jerry Falwell Jr. urged students, staff and faculty at his Christian school to get a permit to carry a concealed weapon on campus, so that "we could end those Muslims before they walked in…

Continue Reading On zerohedge.com/ »

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