Category Archives: Financial Events

Those pesky markets are confusing even the really smart economists these days. For the last couple months, all eyes have been on Europe and whatever is the latest country to be having major debt problems. Sonic Charmer has been blogging … Continue reading →

Now that I have been at my cubicle job for a year, I have taken the option of diverting a small portion of each paycheck to the chaotic markets under the guise of a retirement fund. This has had me … Continue reading →

In Nassim Nicholas Taleb’s interesting book The Black Swan, he talks about the “narrative fallacy,” wherein we like to confidently prescribe reasons for random events. This happens all the time in financial news. Last Thursday the stock market dropped, and … Continue reading →

The entire debt ceiling debate boils down to two possibilities – either the United States government will begin to borrow more than $14.3 trillion dollars, or it won’t. The August 2 date is irrelevant. Despite the atrocious news reporting that … Continue reading →

It’s been a crazy week. Ronny and Donny (from my train metaphor) are still fighting each other, and with every passing day and hour it seems increasingly unlikely that Congress will reach an agreement to extend the debt ceiling that … Continue reading →