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The Big Picture



Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media



Last Build Date: Sat, 22 Jul 2017 01:00:11 +0000

 



Game of Thrones: Libertarian Edition

Sat, 22 Jul 2017 01:00:11 +0000

Warning: spoilers   As HBO’s blockbuster series Game of Thrones returns for its seventh season, Reason offers its own freedom-filled parody. A libertarian paradise north of the wall? What’s happened to Westeros’ social security trust fund? Should it take low-income Dothraki four years to get a hair-braiding license? Watch!   Game of Thrones: Libertarian Edition…

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Succinct Summations for the Week Ending 7.21.17

Fri, 21 Jul 2017 21:00:14 +0000

Succinct Summations for the week ending July 21st, 2017:   Positives: 1. S&P 500, NASDAQ 100, and Russell 2000 each made new all-time highs this week. 2. Leading indicators rose 0.6% in June, above the 0.5% estimated increase. 3. Housing starts rose 8.3 percent in June to a 1.215 million annualized rate; 4. MBA mortgage…

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Random Thoughts on a Summer Friday

Fri, 21 Jul 2017 17:30:23 +0000

Market Psychology, Short-Selling and Sci-Fi Random observations, thoughts and brain-ticklers as a midsummer weekend approaches. Bloomberg, July 21, 2017     Rather than bury you on this midsummer day in a column full of opinion and data, I want to offer some interesting ideas worth exploring. Some of these may eventually become columns, while others…

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Mooch In, Spicer Out

Fri, 21 Jul 2017 16:30:04 +0000

In case you missed it, Sean “Spicey” Spicer is out and Anthony “The MOOCH” Scaramucci is in (and poor Melissa McCarthy). Many people do not know who Mooch is that well — start with this New York mag profile — then move on to an hour or two of conversation to help you learn who the…

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Snapshot of Jobs Malaise

Fri, 21 Jul 2017 13:00:10 +0000

Very cool interactive graphic from Axios: “The U.S. is in the third-longest economic expansion in post-war history. There are more jobs, but wages have been a sore spot: since the financial crash, the typical American’s earnings have barely grown when you account for inflation. To track this dynamic over time, I worked with Jed Kolko,…

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10 Friday AM Reads

Fri, 21 Jul 2017 11:50:21 +0000

My morning train working from home on a summer Friday reads: • If Hillary Clinton Had Won: What’s different — and what’s the same — in a world where the 2016 election went the other way? (fivethirtyeight) • Here’s How Lyft Could Defeat Uber (Fortune) • Immigration Effect: There’s a Way for President Trump to Boost the Economy by Four…

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1950 Ferrari 166 MM/212 “L’Uovo”

Fri, 21 Jul 2017 10:00:23 +0000

An unusual (and beautiful) 1950 one off Ferrari: “The spectacular Ferrari L’UOVO was completed by the factory on 2 February 1950 and delivered to Umberto, chassis number 024. The car raced at the Mille Miglia with Umberto and co-driver Franco Cristaldi; it was crashed heavily and returned to Ferrari, where it was fully rebuilt. New streamlined and more…

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Mueller: Perfect Man for the Job

Thu, 20 Jul 2017 20:30:38 +0000

Robert Mueller may be the perfect man to investigate alleged ties between Russia and the Trump campaign during the 2016 election. Mueller has a reputation for following the facts wherever they lead. From decorated war hero, to crusading prosecutor, to unyielding FBI director, this is how Robert Mueller came to be considered the least biased…

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Visual Map of the Social Media Universe

Thu, 20 Jul 2017 18:00:48 +0000

Very cool:     click for ginormous graphic Source: Visual Capitalist

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