Well, my tweet, actually. This one got mentioned Margaret Brennan’s “InBusiness” show yesterday morning:
@margbrennan You nearly died once from riding 90 mph on the NJ Turnpike without a seatbelt. Was that emblematic of your approach to risk? $$
— David Pinsen (@dpinsen) December8, 2011
I was hoping to embed a clip of Ms. Brennan reading that tweet [...]
Revenues, apparently. Remember Color, the mobile app that received $41 million in venture financing a few months ago?
I have AppShopper’s top-200 grossing finance app rankings bookmarked (and was pleasantly surprised to see Portfolio Armor crack into the top-5 on Thursday), but after being reminded about Color by a chapter about it (“Color and [...]
Last week was an interesting week for stocks, and, if the performance of one foreign stock market that was open today is any guide, tomorrow may be interesting too. Here’s a snapshot of how stocks did on Israel’s Tel Aviv stock exchange this Sunday:
Last week was also the best week yet for subscriptions to Portfolio [...]
Hedging costs after the debt deal
Last week, with the debt ceiling negotiations dragging on, we looked at the costs of hedging a handful of equity index, gold-, Treasury bond-, and dollar index-tracking ETFs. Below is a snapshot showing the current hedging costs of the same basket of ETFs.
Hedging against a >30% correction [...]
Chafing at the world’s reserve currency
After the excitement of the U.S. debt ceiling negotiations going down to the wire, Russian Prime Minister Vladimir Putin offered these comments about the U.S. and its dollar:
They are living like parasites off the global economy and their monopoly of the dollar.
[...]
If over there (in America) [...]
Credit Suisse on the consequences of a default
On Thursday, Credit Suisse’s global strategy team said that a U.S. default was still unlikely. However, they predicted that if the U.S. did default, stocks would suffer a 30% drop.
Hedging against a >30% correction in stocks
With that in mind, the table below shows the costs, as [...]
The chances of a debt ceiling deal
The Intrade prediction market enables participants to bet on whether Congress will approve an increase in the U.S. debt ceiling to $15.1 trillion on or before three dates: July 31st, August 31st, and September 30th. As of Tuesday evening, these were the chances of [...]