Greek Debt Risk Still Present

  Last week the Standard & Poors 500 Index surged 5.6% having almost everything to do with the possibility of a resolution to the Greek debt crisis.  Most market participants felt that the situation was resolved.  You might have noticed that I did not blog...

2011 Predictions Half Year Update

Today marks the end of the first half of 2011, so it is time to return to my 2011 Predictions to see how I have done so far this year.  For ease in evaluation I will re-post each prediction in its entirety, followed by evaluation and commentary. OVERALL THEMES...

Egyptian ‘Revolution’ Update

On 15 February, 2011 I wrote a post entitled, “Archetypes Are Obscuring the Understanding of Egypt” that was about the unrest in Egypt that was then unfolding.  My specific focus was about how people’s, including the press’s, obsession with...

Chinese Auditors Find Lies

Yesterday’s Wall Street Journal ran a story that only confirmed my worst fears about the quality of Chinese financial data.  In short, the piece, entitled “Auditors Sharpen Queries in China,” catalogs a series of lies found by auditors of Chinese...

New Measure of Economic Efficiency

Yesterday morning I played around with some statistics in pursuit of an economic efficiency rating that could be used to compare two economies to one another.  What I have come up with is simple and, hopefully, compelling. You could evaluate the continents of the...