Declaration of the Summit on Financial Markets and the World Economy

 

  White House News       In Focus:Summit on Financial Markets and the World Economy 

1. We, the Leaders of the Group of Twenty, held an initial meeting in Washington on November 15, 2008, amid serious challenges to the world economy and financial markets. We are determined to enhance our cooperation and work together to restore global growth and achieve [...]

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Think or Swim (options playbook)

 
You’re smart. We’ve already assumed that. So thinkorswim doesn’t dumb down trading options. We’ll tell you more than you need to know about time spreads and early exercise. And, if you still have trouble sleeping, you can party all night learning about butterflies and boxes.

 

Calls, Puts & Covered
Verticals
Straddles & Strangles
Ratio & Back Spreads

Butterflies & Wingspreads
Time [...]

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A Divided Hawthorne?

Something became clear to me in a moment of randomness.   After posting the Hawthorne affect on my blog and then watching “A Divided Classroom”  I realized that productivity is mostly a contribution of self-esteem and confidence.  Beyond productivity, success is an affect of self-esteem and confidence.   In the Hawthorne affect, peoples belief that [...]

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The Hawthorne effect

From Economist.com
Nov 3rd 2008
The Hawthorne effect is named after what was one of the most famous experiments (or, more accurately, series of experiments) in industrial history. It marked a sea change in thinking about work and productivity. Previous studies, in particular Frederick Taylor’s influential ideas, had focused on the individual and on ways in which [...]

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Fed Funds at 1% again

In 2003, we had Fed Funds rates at 1%, at a time when prices were rising and the economy was still boiling even rebounding from the Internet Bubble and 9/11. This fueled irrational exuberance (as coined by Alan Greenspan) and fueled by his policies pushed money into a market that started taking bigger and bigger chances.   [...]

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Globalization creates Localization

As the world continues to globalize, we will continue to localize.  
Resources will be polarized as community gardens and farmers markets will start to appear in your neighborhoods and exotics will become more scarce.   The cost of moving goods around the globe is unsustainable as the reliance on oil becomes more of a burden. [...]

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Cardiac arrest for the world economy…

The financial system is very much like a circulatory system that connects people together.   Although the people are the financial institutions and the blood is the money.   If blood does not flow from one person to the next, it shuts down.   So we needed an EKG shock to bring it back to [...]

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Zipcar

Here is a environmental way to save a ton of money.   More to come in future blogs.   I will share how to put a Solar Panel on your home to immediately lower your energy burn.
Yet, for now the cost of a owning a car keeps climbing each year. So here are some [...]

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Tax Cuts, Energy, Healthcare, Social Security and the Economy

What makes America great?   Free Enterprise, Rule of Law and Meritocracy
When the Berlin Wall came down, Adam Smith won over Karl Marx.  Adam Smith and the invisible hand will continue to present challenges as markets change, peoples insatiable needs and we adjust to an advancing society.  
Every few years the invisible hand needs a correction. [...]

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What to watch for in the credit crunch

1. Money market desk – are banks starting to lend?   Capital has to be increased in companies and banks so that banks will lend to companies and banks will lend to banks and companies can survive on the cash at hand or get credit from banks. 
2. LIBOR - is a daily reference rate based on the interest rates at [...]

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