Creative - Fiscal FactCheck | FactCheck.org Summary Washington's spending has recently been higher as a percentage of the nation's economic output than at any time since World War II. But by the same measure, Washington's revenues are the lowest in more than 60 years.
I love math (though it's debatable whether math loves me back, I suspect not) so it's a pleasure to read Cliff Pickover's newest creation, The Math Book: From Pythagoras to the 57th Dimension, 250 Milestones in the History of Mathematics. The Math Book: Milestones in the History of Math – Neatorama
Is the Stock Market Cheap, or Expensive? - (Click to enlarge) Here's the latest update of my preferred market valuation method using the most recent Standard & Poor's "as reported" earnings and earnings estimates and the index monthly averages of daily closes through February 2010, with the latest numbers based on the current index price around 1165. ● TTM P/E ratio = 20.6 ● P/E10 ratio = 21.5 Background
4-2-10-Swing-Analog-1907-2009.gif (GIF Image, 750x562 pixels) - Scaled (92%)
1. For instance, the difference between yields on treasuries and those on single A-rated industrial bonds. A company must offer a higher return on their bonds because their credit is worse than the government's. 2. An example would be buying a Jan 50 call on ABC for $2, and writing a Jan 45 call on ABC for $5. Credit Spread
How Andreessen Horowitz Evaluates CEOs
1863 - Gross federal debt exceeded $1 billion for first time. 1865 - Federal spending exceeded $1 billion for first time. 1914 - Federal spending exceeded $1 billion for second time. 1918 - Gross federal debt exceeded $10 billion for first time. 1921 - Bureau of the Budget established by Budget and Accounting Act. 1943 - Gross federal debt exceeded $100 billion for first time. US Federal Budget: US Budget Breakdown for FY11 - Charts
S&P 500 PE Ratio Chart - 10 Year Average
Most Interesting Illusions. Here is a cool collection of ‘Most Interesting Illusions’ from around the world. Squares A & B are the same shades. This optical illusion was created by Edward H. Adelson, Professor of Vision Science at MIT.
To say that stocks are anything other than dangerously overpriced with a P/E of over 130 and a yield of 2.5% on unsustainable dividends is either farcical or fraudulent. For such a simple little metric, the P/E ratio is subjected to all kinds of perversions to deflate it to levels that can be passed off as reflecting value. At the very least, most bubbleheads try to make it less scary than its current level of 133 for the S&P 500. Do-it-yourself P/E and dividend analysis The reality of S&P 500 earnings - The Sovereign Speculator
Dr. Housing Bubble Blog
I've said it before, and I'll say it again. If there's anything good that has come out of the financial crisis it's the slew of high-quality graphics to help us understand what's going on. Some visualizations attempt to explain it all while others focus on affected business. Others concentrate on how we, as citizens are affected. Some show those who are responsible.