cranky cranky economists
Oct. 10th, 2007 01:53 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
solarbirdKevin Depew is not normally this cranky. I mean damn. Go read that, it's amusing. (He's reacting, if you're wondering, to this, which is also here, with different details. Oh, and also, to the US dollar being in the toilet. He's picked up on what that means for real stock values vs. raw numbers. How do you disguise a bear market? Undermine the currency in which it's based. Yay!)
I mean, it's not that they don't have things to be cranky about, not with trade numbers looking bad, and retail numbers not exactly looking great either. And everyone finally more or less knows about housing, of course. But still, you think I'm cranky? Kevin's got it all over me. Mmmmm, that's good rant!
Oh, and, if you're interested in this sort of unusual-numbers thing, check today's DJIA/NASDAQ/S&P trading charts. (You can do that here if you want.) See how they're not just rescaled versions of each other? That's atypical, in my experience. I like flipping between them to see how close the curves are, and they're usually pretty close. It's not bad, as far as I know, that they've stopped matching up. It's just atypical. It might imply that there's some sort of shift happening in larger the broad-market funds. But that's just guessing.
(Edited slightly to clarify the nature of my reaction. The climbing rant count is an interesting economic-pressures indicator in its own right, but I think Kevin's gotten a tad excitable over this particular event. One presumes it's a matter of straw, camel, all that.)
I mean, it's not that they don't have things to be cranky about, not with trade numbers looking bad, and retail numbers not exactly looking great either. And everyone finally more or less knows about housing, of course. But still, you think I'm cranky? Kevin's got it all over me. Mmmmm, that's good rant!
Oh, and, if you're interested in this sort of unusual-numbers thing, check today's DJIA/NASDAQ/S&P trading charts. (You can do that here if you want.) See how they're not just rescaled versions of each other? That's atypical, in my experience. I like flipping between them to see how close the curves are, and they're usually pretty close. It's not bad, as far as I know, that they've stopped matching up. It's just atypical. It might imply that there's some sort of shift happening in larger the broad-market funds. But that's just guessing.
(Edited slightly to clarify the nature of my reaction. The climbing rant count is an interesting economic-pressures indicator in its own right, but I think Kevin's gotten a tad excitable over this particular event. One presumes it's a matter of straw, camel, all that.)
