Submitted by unsettling economics
We just returned from Mexico, but Las Vegas seems much more foreign to me. The airport with a casino with loud and glaring videos advertising the main casinos in town. The lobby of the hotel is a casino. I see people sitting on top of their slot machines putting money in, but […]

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Submitted by The Capital Spectator
Equity markets are down, which means that dividend yields are up.
It’s a fundamental relationship, and one that endures. No wonder, then, that a growing body of academic research (and a healthy dose of common sense) counsels that the relationship produces valuable clues for strategic-minded investors. In short, raise equity weights when […]

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Submitted by Businomics Blog
Ethan Penner has an interesting article in today’s Wall Street Journal (available for free I think on their Opinion Journal page) on the future of securitization.  I discussed the same topic in part 5 of my series “Why Did the Mortgage Crisis Happen?”
The bond markets ended up selling very risky mortgage-backed securities, […]

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Submitted by CARPE DIEM
The claim that the oil companies are sitting on leases and not drilling defies all logic. With oil at $135 per barrel and drilling rigs renting at $300,000 per day, there are no idle rigs anywhere.
The claim that any oil we drill for now will not come on line for five […]

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Submitted by CARPE DIEM
Business Majors
All Majors

Graphs above (courtesy of Antony Davies, click to enlarge) show the Forbes list of the most lucrative college majors based on 0-5 years, 5-10 years, and 10-20 years of experience, full story here.

Note in the top graph that economics, finance and accounting majors start out about the same, […]

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Submitted by CARPE DIEM
Whether you love it, hate it, or have never thought about it, chances are some politician wants to ban it. “Welcome to the Nanny State Nation,” says reason.tv host Drew Carey. “Where the government minds your own business.”
Saggy pants, fire places, plastic bags, light bulbs, poker—it’s all been banned somewhere. Same with […]

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