Markets

Fear
i-77012650f51635bc313ddee1e16a94e0-fear.png
Google's view of capitulation
i-09731b76d282793d14871fc0b7a9268a-capitulation.png
Irrationality?

Anyone seen any old men with canes yet?

Crisis per capita winner? Iceland. Will the last one leaving Reykjavík please tear up that recipe for Súrsaðir hrútspungar?

Panics 1812, 1837, 1869, 1873, 1882, 1884, 1896, 1901, 1907,1937, 1973, 1987, 1989, 1992, 1997, 2001. Add 2008.

Just over a hundred years ago
i-86edee36e756e3d580a784e1a31938f5-1907_Panic.png
Another hundred year reference: the Cub's ticket market.

Let's blame Van Buren:
i-cfe8b1c9be5e2bf91b795a45c9240018-ANTI-VB1840.JPG

Tags

More like this

Charles Scripter wrote: Here we fit the NSW "before" region to a slope + constant background, while the "after" region is fit only to a slope (chance resulted in this slope passing through, or very close to zero, eliminating the need for a constant, 4th parameter). The origin is located at year…
frazzled autumnal friday we stagger to the iPod and ask - capitulation coming? Whoosh goes the randomizer. Whoosh. The Covering: Super Powers - Alpha Blondy The Crossing: Brain Stew - Green Day The Crown: Girl Trouble - Violent Femmes The Root: Break Down the Door - Special AKA The Past: It's…
No too long ago the usual suspects were all a-twitter about arctic sea ice, which was tracking very close to the long term average. This was in late March, and though you would think a weather man would understand what weather is, this temporary upwards tic prompted the remarkable vapidity of…
Farewell my friends: I go on to a better place. Or: conference # 1 is now go, I will be back soon. And no chatting about the above image while I'm away (even though many of you know full well what it's about). Oh, and please remember to assist the Tet Zoo survival fund if you are at all able (see…

Let's blame Van Buren:

Hey now, let's not go blaming the New Yorker (that would be upstate New Yorker, not city boy) for the foolish moves of his predecessor from Tennessee. ;)

[Aside: did you know van Buren is the origin of the now ubiquitous term 'O.K.'?]

Blaming New Yorkers is all the rage right now. OK, blaming those in another east coast city is also popular.

Blaming New Yorkers is all the rage right now. OK, blaming those in another east coast city is also popular.

Yes, but that other east coast city is really a southern city and very different.

And, besides, as I said, van Buren was not from NYC. He was from Kinderhook which is the 'K' in 'O.K.' (the 'O' is 'old').

Yeah well from the west coast, DC, New York (upstate, downstates, in the lady's chamber) all look the same. And kind of like Europe, what with all your little tiny states. :)

Dave,
My cane started to come out today. There's some valuations I haven't seen in my entire life. I'm hoping the fallout in the grain markets allows me to put on my big yearly grain spreads. I'm two weeks late in putting on my spreads.

Jeff

Is it a cane of a surfboard? Talk about a big wave, when it comes...