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Friday, November 2, 2012
How Many Hours of Work Does it Take to Buy...
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The reason that economists adjust nominal data to "real" numbers is that they are trying to create a better picture of general wel...
Thursday, November 1, 2012
Financial Sector Volatility
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Even though the S&P 500 was down by a little under 2% last month, and tech (as measured by XLK) was down 6.3%, financials (XLF) were up ...
Wednesday, October 31, 2012
Can Sandy Boost GDP?
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There seems to be some debate about how much Sandy will affect the economy. Some think that it will provide a real boost to GDP; others are...
Star Wars Franchise Total Worldwide Gross
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Disney agreed to buy Lucasfilm for $4B yesterday, which is quite a sum for a company with effectively one franchise, or at least would be if...
Monday, October 29, 2012
NYSE Closures Due to Weather Since 1885
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Today's weather related closure of the NYSE is an extremely rare event. In fact, in 127 years the market has only been closed for the ...
Will Sandy Affect Economic Data?
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With Sandy shutting down much of the east coast today, it's likely that there will be some effect on economic data, but it's tough t...
Friday, October 26, 2012
A Weekend of Abnormal Weather
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While you all on the east coast will be bracing yourselves for a snow-hurricane this weekend, we in Los Angeles will be "enjoying...
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