4.21.2017

An ETF of ETFs??? BRILLIANT!

While the scene is not specifically referenced in this Zerohedge Post, the subtext certainly references it. A great explanation of synthetic CDOs from Selena Gomez and Dr. Richard Thaler:

4.07.2017

Racism Has No Place In College Athletics!

Look at this racist report from CBSports:
Oddly, none of them were beat off the dribble possession after possession in the Bruins’ 86-75 Sweet 16 loss to Kentucky. That honor belonged to Lonzo Ball, LaVar’s son, who watched De’Aaron Fox go for 39 points in 36 minutes.
I mean calling out an African American for making a mistake is racist, isn't it???? Here's the article in it's entirety:
LaVar Ball has a new theory for why UCLA didn’t win the national championship he predicted UCLA would win: too many “white guys.” “Realistically you can’t win no championship with three white guys because the foot speed is too slow,” he told The Orange County Register. UCLA had three white starters this season -- Bryce Alford, TJ Leaf and Thomas Welsh. Oddly, none of them were beat off the dribble possession after possession in the Bruins’ 86-75 Sweet 16 loss to Kentucky. That honor belonged to Lonzo Ball, LaVar’s son, who watched De’Aaron Fox go for 39 points in 36 minutes. Also worth noting: Duke’s 2010 national championship team had three white starters -- Jon Scheyer, Kyle Singler and Brian Zoubek -- and five of the eight Blue Devils who played in the title game that year were, to use Ball’s phrase, “white guys.”

QE has permanently ruined bonds for investors

You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...