Happy Halloween

This morning I decided to begin creation of a scripted documentary on the house edge in the capital markets. It just appears that investment banking types and the support persons, as well as the hedge fund managers are creating inordinate amounts of wealth for themselves at the expense of investors....

Pensions? No, those are bad, too.

If you picked a job 26 years ago based on the idea that someday you’d retire to warm sunshine and easy trade-winds, you’re in for a difficult surprise. Like a first time marathon runner that relied on the last 7 miles being flat and easy, coming up on a sign that...

Just stop eating

The New York Times identified food pricing trends in an article posted today, noting that in spite of pullback in commodities prices, that overall upward trends, especially in packaged foods was projected to stay on the upswing. The baseline prices started to increase as the pronounced move towards alternative fuels...

The Chinese will have whatever we’re having

This morning, Reuters reported that the Chinese government levied strong pressure to induce the European Central Bank to make some serious rate cuts, to maintain the continued growth of the Chinese economy. Reports of economic difficulties around the world stir sentiment in Beijing, mostly that the troubles facing the world...