I have no friggen idea and really don’t give a stuff but this little chat is interesting if only to see the ever entertaining Hugh Hendry in action (scroll through to his bits). I always get the impression that Hendry doesn’t take himself or anyone else that seriously. Interestingly, this gabfest was hosted by the…

Interesting if only from the perspective of the voyeur.

A tremendous collection of documents relating to the failed Lehman Brothers has been placed on line by the NY Fed. I am not entirely certain why they are online. The consensus seems to be that the winner of the day is a piece titled Bruised, Not Broken, Poised For Profitability which is a piece by…

How Physics and Neuroscience Dictate Your “Free” Will Twenty Citizens’ Worth Of Blood Flowed Through Him: A Medic Confronts The Open Wounds Of Afghanistan Historic Photos From the NYC Municipal Archives    

Nasdaq-100 Has Biggest Advance in 2012 as Apple Jumps The Nasdaq-100 Index jumped 2.7 percent to 2,709.62 at 4 p.m. New York time. The Standard & Poor’s 500 Index added 1.4 percent to 1,390.69. The Dow Jones Industrial Averagerose 89.16 points, or 0.7 percent, to 13,090.72. Apple (AAPL) is not a member of the 30-stock gauge. About 6.8…

Scroll down and read the comments.

The Yanks do some things well – this sort of PBS doco is one of them PS My first attempt to load it in Chrome didn’t go so well – I had better luck with Firefox.

I have written before about how those with the moral of a pox ridden alley cat had tried to blame the Black and Scholes equation for the GFC This very clever little graphic puts that notion to bed. Source – Quant

Remembering is one thing – doing something is another Soldier On Legacy

Apple makes up more than 4% of the S&P500 and more than 18% of the Nasdaq 100