U.S. “WarOn Terror” Has INCREASEDTerrorism http://feedly.com/k/17Hfomk The National Consortium for the Study of Terrorism and Responses to Terrorism (START) Global Terrorism Database – part of a joint government-university program on terrorism – is hosted at the University of Maryland. START is the most comprehensive open source terrorism database, which can be viewed by journalists and civilians lacking national security clearance. A quick review of charts … Seguir leyendo U.S. “War On Terror” Has INCREASED Terrorism

Análisis de una obra literaria: Galdós y España http://feedly.com/k/18LFPuB En ocasiones encontramos en novelas, cuentos o escritos literarios fragmentos en los que se aborda la realidad socio-política de la época en la que se inscribe la novela. En este caso Benito Pérez Galdós, uno de nuestros literatos más importantes que no obtuvo el Premio Nobel de Literatura por presiones de la iglesia y del gobierno … Seguir leyendo Análisis de una obra literaria: Galdós y España

BasedOn 100 Yearsof Data, We Are LikelyNearing a MajorPeak http://feedly.com/k/1bcyeUw Today I’m going to tell you about the single most important metric for long-term investing. That metric is the cyclicallyadjustedprice-to-earnings ratio or CAPE ratio. Generally speaking, most investors price a company based on its current Price to Earnings or P/E ratio. Essentially what you’re doing is comparing the price of the company today to its … Seguir leyendo Based On 100 Years of Data, We Are Likely Nearing a Major Peak

ChartOfTheDay: "Japan Has No AlternativeButToPrintAndPrintAndPrint" http://feedly.com/k/18LDvUt Today’s Chart of the Day comes by way of SocGen’s Albert Edwards who in one image shows why, with gross debt issuance needs between budget funding and rolling maturities at 60% of GDP, Japan has no choice but "toprintandprintandprint" shared via http://feedly.com Seguir leyendo Chart Of The Day: “Japan Has No Alternative But To Print And Print And Print”

AlbertEdwards: "At A RecordHigh Median PriceTo Sales Ratio" ThereIs "NothingWorthBuying" http://feedly.com/k/1fVnTCu Spoiler alert: Albert Edwards is not exactly bullish. Perhaps like Rosenberg, he too needs to spend a weekend or two on the Ray Dalio ranch. First on China: Chinese policy makers are locked in the same old failed credit simulative policies as the west to keep growth going. Indeed, the Chinese GDP ship appears … Seguir leyendo Albert Edwards: “At A Record High Median Price To Sales Ratio” There Is “Nothing Worth Buying”

TheOilDrumwriters: Where are theynow? http://feedly.com/k/18J540N NateHagens is at TheMonkey Trap JoulesBurn (Brian Maschhoff) is at Picojoule EuanMearns is at EnergyMatters HeadingOut (Dave Summers) is at Bit ToothEnergy RuneLikvern is at FractionalFlow GailtheActuary (Gail Tverberg) is at OurFiniteWorld ChrisVernon is at ChrisVernon BigGav is at PeakEnergy Australia RobertRapier is at EnergyTrendsInsider jeffvail is at JeffVail Jérôme à Paris is at EuropeanTribune philhart is at PhilHart Luís … Seguir leyendo The Oil Drum writers: Where are they now?

Krugman poniendo el dedo en la llaga MaybeEconomicsIs A Science, ButManyEconomists Are NotScientists – NYTimes.com http://feedly.com/k/He0k8N shared via http://feedly.com Seguir leyendo Maybe Economics Is A Science, But Many Economists Are Not Scientists – NYTimes.com

Vaya y yo que creí que el euro era lo más de lo más Britons, Polesapart http://feedly.com/k/1aG7BGj WHILE the euro zone has been slowly emerging from recession, two European countries outside the club have, so far this year, enjoyed speedy economic recoveries. The economies of Britain and Poland have both rebounded from growth dips last year, exceeding most analysts’ expectations for 2013 (see chart). As … Seguir leyendo Britons, Poles apart

EarningsRealityInOneChart http://feedly.com/k/1eJbePZ Only 38% of S&P 500 companies that have reported have beaten revenue expectations – compared to a historical average of around 46%. As Bloomberg notes, Q3 2013 will be thefirst time for 3 consecutivequartersofsub-50% meetingexpectationssincetheirrecordsbegan. Earnings are not much better having seen a slide in performance relative to expectations for 4 quarters now. It seems the hockey–stickof H2 2013 earningshopethatwe so vociferouslypointedout as … Seguir leyendo Earnings Reality In One Chart

New Rules forItalyBanks "I’llGuaranteeYourDerivativesIfYouGuarantee Mine" http://feedly.com/k/1bdzjLY New Basel III rules require extra capital for derivative positions. Banks in Italy have already figured out a way around that rule. Eurointelligence reports … We have been on the watch-out for stories that government and central banks encourage banks to continue to act as buyers of last resort of government debt. Here is one from Reuters, according to … Seguir leyendo New Rules for Italy Banks “I’ll Guarantee Your Derivatives If You Guarantee Mine”