Sorted Weekly Tweets
Before I give you the Tweets, I just want to tell you that I will be blogging this fine accounting conference on IFRS/ US GAAP. Those that want to attend at a discount can use this code Aleph10 to save 10%. CFAs get a code that saves 20%. I think the conference will be valuable, [...]

Before I give you the Tweets, I just want to tell you that I will be blogging  this fine accounting conference on IFRS/ US GAAP.  Those that want to attend at a discount can use this code Aleph10 to save 10%.  CFAs get a code that saves 20%.  I think the conference will be valuable, so I will be heading up to NYC on January 10th.  See you at NYSSA’s conference center near Times Square.

Now for the Tweets:



  • The Fiscal Cliff Could Last Forever The upward curve in entitlement expenditures could make “fiscal cliff” normal $$ Dec 28, 2012
  • Fed Helps US Dance on Ceiling Seiniorage revenue (stealth tax on savers) keeps the deficit lower than otherwise $$ Dec 27, 2012
  • Grand Bargain Shrinks as Congress Nears US Budget Deadline No incentive 4 either side 2 do a deal $$ #shiftblame Dec 26, 2012
  • No Fiscal Cliff Deal Could Cause Jails To Release Inmates We need less costly alternatives 2 incarceration $$ Dec 25, 2012
  • Campaign on US Debt Gains Steam “4 the longest time, nobody cared, nobody listened-it was 15 years of irrelevancy.” $$ Dec 24, 2012
  • Cliff Would Strike Low Incomes Hard Difficult 2 say who would b most affected if we went over the fiscal cliff $$ Dec 24, 2012




  • China Tightens Rules for Internet Users Problem: very difficult to enforce when u have so many users $$ Dec 28, 2012
  • Chinese Scholars Demand Communist Leaders Relax Their Grip They think another Cultural Revolution can’t happen?… $$ Dec 28, 2012
  • Billionaire Princelings Ruin a Chinese Vision Crony capitalism w/Chinese “Communist” characteristics ->princelings $$ Dec 28, 2012
  • 3rd&last long article on Chinese political succession: Xi Jinping Relations Reveal Fortunes of Some Elite in China $$ Dec 27, 2012
  • Heirs of Mao’s Comrades Rise as New Capitalist Nobility It’s becoming an aristocracy in China & will that last? $$ Dec 27, 2012
  • Defying Mao, Rich Chinese Crash the Communist Party Looong article on wealthy in China gaining political power $$ Dec 27, 2012
  • Too big to fail? China’s wealth management products stir debate China gets its turn to decide: bailout or failure? $$ Dec 26, 2012
  • Bell tolls for Beijing’s Drum Tower homes Forced evictions from old homes to enhance a touristy area in Beijing $$ Dec 24, 2012


Michael Pettis


  • Pettis: …illicit money out of China totaled US$420 billion in 2010… 94% of the illicit $$ flows occur through mis-invoiced trade Dec 22, 2012
  • Wow. Pettis: Trade misinvoicing is the preferred method of transferring illicit capital from all regions except the MENA region Dec 22, 2012
  • Pettis: problem is the inexorable tendency of the current development model 2generate debt faster than it generates debt-servicing capacity. Dec 22, 2012


Rest of the World


  • Euro Zone Set to Continue Contraction Successful austerity eliminates much debt for small GDP losses; but this? $$ Dec 28, 2012
  • Cinnabon Finds Sweet Success in Russia, Mideast Interesting print&video interview; they customize 2 local tastes $$ Dec 28, 2012
  • Putin Set to Sign Russian Adoption Ban The kindness of the wicked is cruel, Pr 12:10b $$ Dec 27, 2012
  • Betting on Yen to Fall Further in 2013? Think Again Depends on how much expectations change in the race 2 the bottom $$ Dec 27, 2012
  • Iran Says ‘Irresponsible’ GCC Raises Regional Tensions Iran cries “foul” when the Sunnis take them seriously $$ Dec 26, 2012
  • GCC to Form Unified Military Command Amid Iran ‘Threats’ Great, not. The Sunnis join forces to fight the Shia $$ Dec 25, 2012
  • Norway Looks to Spread Wealth to US Norway’s SWF likes 2 buy irreplaceable real estate; lotsa kronor 2put 2work $$ Dec 25, 2012
  • Deciphering the Decline in Spanish Mobile Accounts Mobile subscriptions usually 1 of last things to go when $$ tight Dec 24, 2012
  • Yen Weakens to 20-Month Low on Abe’s BOJ Pledge; Euro Up The race to the bottom continues, w/Japan running hard $$ Dec 24, 2012
  • Looting Tests Leader in Argentina Yes, cry 4 Argentina. What should b a wealthy place suffers from bad leaders $$ Dec 24, 2012


Fixed Income & Real Estate


  • Housing Wealth and Wage Bargaining When people think they r going to lose their houses they get desparate $$ Dec 28, 2012
  • Gross Doubles New York Bet as California Loses Lead NY is less of a dirty shirt than CA $$ Keeps adding to Munis Dec 27, 2012
  • Mortgage-Bond Sales Soar on Fed’s Refinance Push “Sales of U.S.-

backed mortgage bonds soared to a three-year high” $$ Dec 27, 2012

  • A Banner Year for Riskiest Debt End of Affair With Corporate Bonds 2013 should b ok $$ Dec 27, 2012
  • Home Prices Hit a Milestone Nice Graphic: Portrait of a dead cat bounce $$ Dec 27, 2012
  • Home-Price Gains Pick Up as US Real Estate Market Rebounds Too early to say much about this dead cat bounce $$ #mew Dec 26, 2012
  • ‘Hope Note’ Strategy Is @ Times Hopeless 0% certificate that if everything works perfectly, might get a recovery $$ Dec 24, 2012


Stocks, Industries, and Market Dynamics


  • Refiners Beating Exxon Join Pipeline Boom for Lost Margin Oil Boom Spurs New Investment $$ Dec 28, 2012
  • Look at this graph of Barrick Gold Corporation $ABX Is the main reason 4 underperforming $GLD rising mining costs? $$ Dec 27, 2012
  • ICE Chief Challenges Stock Views of Trading Now watch $CME buy out $NDAQ & we can transform mkts, but2 what end? $$ Dec 27, 2012
  • Garbage Time @reformedbroker on the lack of liquidity/activity @ year-end. Every real player is looking forward $$ Dec 27, 2012
  • Gus Sauter is at the Vanguard of Roping In Trading Costs Sauter likes HFT, uses algorithms 2 lower Vanguard’s costs $$ Dec 27, 2012
  • SEC going high-tech with real-time trade data The SEC can get some really fancy tools, but can they use them well? $$ Dec 27, 2012
  • It’s Time for Cramer 2 Short His Show Cramer invests differently than his show; show on how he invests would b dull $$ Dec 26, 2012
  • How to Tell When a Stock Buyback Is Good for Investors If price rises on the announcement, it is usually LT good $$ Dec 24, 2012
  • Retiring Vanguard CIO Gus Sauter Looks Back A true titan of mutual funds as Vanguard served clients, not Vanguard $$ Dec 22, 2012


Macroeconomics And the Fed


  • The Mythology of Chained CPI Better to cut benefits directly, & not b sneaky by making a technical adjustment $$ Dec 27, 2012
  • Puzzle of weak investment jeopardizes growth rebound People & firms will not invest 4 the future if present is weak $$ Dec 27, 2012
  • Push for Cheaper Credit Hits Wall Watch the Fed push on a string; my aren’t they diligent? $$ #untestedtheories Dec 24, 2012
  • Evans Won New Fed Consensus Linking Rates to Unemployment One day we will call bad economic ideas “Evans.” $$ Dec 24, 2012
  • Usage: “Where did you ever come up with an Evans like that?” “I was so embarrassed for him. At the meeting, he uncorked a real Evans.” $$ Dec 24, 2012




  • Curbs on Smokers Continue to Grow I’m allergic 2 cigarette smoke, but we r disadvantaging smokers 2 much $$ Dec 28, 2012
  • Perfect 10? Never Mind That. Ask Her for Her Credit Score. Even true love can be thwarted by a lousy credit score $$ Dec 27, 2012
  • 2013 Threats Predictions from McAfee, 16 pages PDF Introduction article here: Surf carefully $$ Dec 27, 2012
  • Anatomy of an Air Attack Gone Wrong A botched attack on a terror suspect kills 12 civilians & destroys a community $$ Dec 26, 2012
  • Do Unmarried Poor Have Bad Values or Bad Jobs? Only 57% of couples in the program were still together after 3 yrs $$ Dec 26, 2012
  • The Great Chicago Christmas Credit Card Fiasco of 1966 Figures it would happen in Chicago, a sandbox 4 corruption $$ Dec 25, 2012
  • NY, Unlike Most States, Treats Education Achievements & Even Talents as Property to Be Divided Between Spouses $$ Dec 25, 2012


Comments & Replies & Retweets


  • Just had a great time w/ @japhychron & @Daily_Pinch $$ RT @japhychron: Getting ready to meet @AlephBlog @ Starbucks Dec 28, 2012
  • Gas. Large family only buys 7 gals milk/wk max $$ RT @fundmyfund: what would cause more distress for american households? $6 gas or $6 milk. Dec 28, 2012
  • @mattrixDOTinfo @fundmyfund We had eight (5 adopted) — we briefly maxed out @ 8 gals/week, only 5 @ home now but bigger, so 7 gals/wk 4 us Dec 28, 2012
  • Fiscal Cliff: Boo! Dec 28, 2012
  • RT @randomroger: Fiscal Cliff: Boo! Dec 28, 2012
  • @DavidSchawel Mostly a fair observation, the only exception is that if u think the economy will shift & u r right, the returns can b big $$ Dec 28, 2012
  • @tarhinitrade @ReformedBroker Sound money allows businessmen to be more rational & enterprising. Also, macroeconomists r pretend 2 know $$ Dec 28, 2012
  • @XacAngXiangYin You’re welcome. China is fascinating to me. Dec 28, 2012
  • Just bought: ‘Financial Fine Print: Uncovering a Company’s True Value’ by Michelle Leder via @amazon cc: @footnoted $$ Dec 28, 2012
  • ‘ @TheStalwart Yeah, watching $LLL run higher over the last few months. Glad I didn’t sell. FD: + $LLL $$ Dec 27, 2012
  • So far people don’t seem 2b panicking. $$ RT @Alea_: We’ve Already Gone Over the Fiscal Cliff from: @cabaum1 Dec 27, 2012
  • @jucojames Thanks, that helps. Dec 27, 2012

·  @dpinsen @footnoted The price of helium is ballooning ;) Dec 26, 2012

  • @TheStalwart Not much, man. Stocks are likely to sell of a little on the open. Bonds will rally a little. Dec 26, 2012
  • @BUDDIEE18 You have clever phrasing but you don’t have proof. Dec 26, 2012
  • ‘ @Jesse_Livermore @scott_matagrano I know one or two guys that do it professionally; I just don’t know how they get the borrow Dec 26, 2012
  • ‘ @BUDDIEE18 You may find this difficult to believe, but $TSM has a really strict policy against market manipulation for its writers Dec 26, 2012
  • ‘ @scott_matagrano Promoted penny stocks are better: -93%/yr if you can get a borrow. Dec 26, 2012
  • “Given the predominance of S-T $$ in professional $$ mgmt, I think most smart $$ is slow $$. But if…” — David_Merkel Dec 26, 2012
  • Excitement @ the Merkel house today: a water main breaks, brings 5 trucks & 10 men paid triple 2 avoid annoying relatives & icky food $$ Dec 25, 2012
  • Make that 6 trucks. De bossman jus showed up, so the fine art of sitting around ceases, & swing around in2 what is loosely called action $$ Dec 25, 2012
  • @rudibest Reminds my of an article I wrote in 2009 called, “Voted for Change, Got Bush-Plus” & it has only been more so since then $$ Dec 24, 2012
  • Well said. The law was against them from the start $$ RT @munilass: Congratulations @CalPERS on your new status as Just Another Creditor Dec 22, 2012





  • Wrong: High-Frequency Trading Prospers at Expense of Everyone This just looks like intelligent arbs doing business $$ Dec 27, 2012
  • Wrong: People Hate Losses & That Affects US Budget Talks Not good logic. More like envy 2 deny other side a win $$ Dec 25, 2012
  • Americans Miss $200 Billion Abandoning Stocks Better H/L: Open end Mutual Fundholders Miss $200B Abandoning Stocks $$ Dec 24, 2012
  • Wrong: India’s Unfinished Journey to Economic Success Gary Schilling’s musings on India in need of cultural reform $$ Dec 22, 2012




  • My week on twitter: 53 retweets received, 57 new followers, 33 mentions. Via: Dec 27, 2012



Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here