From the category archives:

Economics

Reality strikes after an inflated GDP report

October 30, 2009 by Ryan Barr

Yesterday we had the pleasure of enjoying a 200 point rally in the Dow driven by a headline GDP report of +3.5% in the third quarter.  The headline number looks great; however, when you pull back the covers it isn’t that pretty.  Today’s report of a .5% reduction in consumer spending for Sept further enforces [...]

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It’s Official – You ARE going to pay your neighbors mortgage

September 11, 2009 by Ryan Barr

I cannot begin to explain how angry this makes me, I’m not kidding when I say that I can feel the anger building up after reading this.  The FDIC, on a Friday afternoon with no vote, no say, no representation, from the people is socializing mortgages and making you and me pay for it.  I [...]

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Loading Papermoney for the Drop

September 6, 2009 by Ryan Barr

I’ve just added a whole slew of option positions into the order queue for my papermoney portfolio.  These are almost all October/November expiration positions that include long put butterflies, short call verticals, long put verticals etc…  I’ll post all of the details depending on the fills that I get.  Basically, I’m winding it up and [...]

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Why 1945 doesn’t matter vs. today’s spending – it’s all about the mandatory stuff.

September 4, 2009 by Ryan Barr

I’ve recently been turned onto the Business Insider.  So far, I’ve been fairly impressed with the content,
this is a great article from their site:

Paul Krugman is trying to have it both ways when it comes to the deficit. On the one hand, he says it isn’t a big problem, and that we can afford [...]

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This is rich – GM and Chrysler can’t even execute when the Fed’s pay people to buy cars

September 1, 2009 by Ryan Barr

Much like the post office, it appears that GM and Chrysler aren’t exactly competitive with their privately held counter parts – even with huge amounts of cheap capital!

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Simply amazing – 84 bank failures already this year.

August 28, 2009 by Ryan Barr

Via
Calculated Risk:
From the FDIC: Pacific Western Bank, San Diego, California, Assumes All of the Deposits of Affinity Bank, Ventura, California
Affinity Bank, Ventura, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. …
As of July 10, 2009, Affinity Bank had total assets of [...]

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This is fantastic… Tea Party Time

April 7, 2009 by Ryan Barr

This was on my mailbox today:
You cannot legislate the poor into freedom by legislating the wealthy out of freedom.  What one person receives without working for, another person must work for without receiving.  The government cannot give to anybody anything that the government does not first take from somebody else.
When half the people get the [...]

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Hypocrisy now

April 4, 2009 by Ryan Barr

Let the hypocrisy begin. President Obama and his administration are now attempting to circumvent the pay caps and other restrictions imposed by Congress on firms receiving government money.

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What do Macro-economics and Mathmatical Methods for Management Decisions have in common?

April 1, 2009 by Ryan Barr

They are the classes I started last night @ Kellogg.
Macro was very interesting.  Given the current climate, it must be a tough subject to teach as you almost need to throw the text out the windows.  We are going to focus on the frameworks, bringing in some current events and concepts.  It should be a [...]

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Amazing… Simply Amazing – AIG dumping trades at a loss – Transfers the wealth to counter parties…

March 29, 2009 by Ryan Barr

This is a must read… If the actual data ends up supporting this, the entire establishment should be locked up. This is simply amazing. AIG is acting as a funnel for our taxpayer dollars to other banks through massive unwinds – enormous, total portfolio unwinds. This is like selling a $100 bill to your friend for $10. Bad deal for you (A.I.G -> Taxpayer) great deal for your friend (BAC, GS etc…)

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