I suspect the stock of outstanding synthetic credit derivatives -- $ 1500 b in synthetic CDOs in 2004 v. $300 b or so in 2001, according to Mark Whitehouse of the Wall Street Journal -- is the only t…

But still interesting, in a geeky kind of way.   Mankind may be getting closer to "seeing" a black hole.   I want more on this from Steve Hsu, even if he is rather busy right now.Back to China, oil, …

According to some, the future belongs to American platform companies. Manufacturing is a commodity, the real money comes from design, engineering and marketing.   The US - by implication - should not…

After seeing this graph over at Calculated Risk, I could not resist.   It seems my home state has the least housing froth around ...Maybe it has something to do with the fact that a (very young) Univ…

I will be away from my desk for the next week or so on a business trip.  I'll probably post a bit, modern communications and all.  But I doubt I'll post every day.    I suspect that a couple of the c…