background preloader

How the Stock Market and Economy Really Work - Kel Kelly

How the Stock Market and Economy Really Work - Kel Kelly
"A growing economy consists of prices falling, not rising." The stock market does not work the way most people think. A commonly held belief — on Main Street as well as on Wall Street — is that a stock-market boom is the reflection of a progressing economy: as the economy improves, companies make more money, and their stock value rises in accordance with the increase in their intrinsic value. A major assumption underlying this belief is that consumer confidence and consequent consumer spending are drivers of economic growth. A stock-market bust, on the other hand, is held to result from a drop in consumer and business confidence and spending — due to inflation, rising oil prices, high interest rates, etc., or for no reason at all — that leads to declining business profits and rising unemployment. The Fundamental Source of All Rising Prices For perspective, let's put stock prices aside for a moment and make sure first to understand how aggregate consumer prices rise. Forced Investing

Ask a Physicist: How long does it take for you to fall into a black hole? @Pants McCracky: What our friendly physicist didn't explain is that the difference is perceptual. Time doesn't "slow down" as you approach the event horizon because time isn't a universal thing. Okay, so imagine you're carrying a big clock as you approach the event horizon, and I'm carrying a synchronized clock with me. I can see my clock right next to me, and I can watch yours with a telescope. As you fall closer to the event horizon, it will look like your clock is running slower than mine. But from your perspective it's totally different.

XP Portal - Widgets Segurança da Informação: A XP Investimentos CCTVM S/A possui uma política rígida de Segurança da Informação para preservar a confidencialidade e integridade da informação. Neste sentido, a Corretora preza pela segurança de seus ativos e ambiente de rede através do controle de senhas, restrições de acesso físico e lógico, regras de utilização de equipamentos da rede e do endereço eletrônico. A Corretora atua preventiva e repressivamente com relação a quaisquer fraudes, falhas ou desvios que ameacem a Segurança da Informação. Atenção! 1. 2. 3. 4. 5. 6. 1. 2. 3. 4. 5. 6.

Economic News Blue Fairy Book Lang, Andrew, 1844-1912. Blue Fairy Book Electronic Text Center, University of Virginia Library | Table of Contents for this work | | All on-line databases | Etext Center Homepage | A FATHER had two sons, of whom the eldest was clever and bright, and always knew what he was about; but the youngest was stupid, and couldn't learn or understand anything. Now it happened that his father said to him one day: "Hearken, you there in the corner; you are growing big and strong, and you must learn to earn your own bread. money I've spent on your education is thrown away." Shortly after this, when the sexton came to pay them a visit, the father broke out to him, and told him what a bad hand his youngest son was at everything: he knew nothing and learned nothing. she became anxious, and woke the youth, and asked: "Don't you know where my husband is? She carried him down, and then hurried with loud protestations to the youth's father. "What unholy pranks are these? soon learn to shudder." right."

Kapitall Wire Now Can We All Agree That The “High Quality Web Content” Experiment Has Failed? It’s hard to imagine anything more perfect than Slate’s decision to lay off its respected media critic Jack Shafer. Not perfect in a good way — I count myself amongst Shafer’s legions of fans — but perfect in the way that Alanis Morissette not understanding the meaning of ‘Ironic’ is perfect, or the way that a safety inspector falling out of a tenth story window would be perfect. “I tolllldddd yyoooouuu sooooooo…” I mean, what better illustration could there be of online media’s woes than an ezine laying off its media critic because the economics of web content don’t support a writer of his stature and specialism? Slate’s admission that, even with a minuscule staff of 60 and the financial “might” of the Washington Post company, it can’t make money from online content is also perfect. Over on Forbes.com, Jeff Bercovici nails the problem thus… …and he’s right. The blunt truth is, online advertising is a numbers game. AND YET. But on the other side?

How to Build Custom Speakers With the sides, top and bottom of the cabinets drying, it's a good time to start work on the front and back panels. First time builders may choose to simplify this step and simply cut a large circle opening for the speaker driver to mount in. In that case, the speaker drivers' frame will rest on the surface of the speaker, protruding an 1/8" or so. For a truly professional look, however, you'll want to recess the drivers so that they mount flush with the front face. In either case, the first step is to cut out a circle that accommodates your driver. If you are using a router, use a 1/8" or 1/4" straight bit to cut out the circle so you end up removing as little material as possible. Once the circles are cut, it's time to tackle the optional recess. To do this you need to create a pattern template. Once the patterns have been created, center and mount it into place on the front face.

Paul Krugman: 'I'm sick of being Cassandra. I'd like to win for once' | Business By now you will probably have read an awful lot about the financial crisis. Perhaps I've been reading all the wrong stuff, but until now I hadn't managed to find answers to the most puzzling questions. If the crash of 2008 was preceded by an era of unprecedented prosperity, how come most of the people I know weren't earning much? Deregulation of financial services was supposed to have made us all better off, so why did most of us have to live off credit to keep up? President Obama attempted one of the biggest Keynesian stimulus programmes. Its author is a Nobel prize-winning economist who writes a column in the New York Times and teaches economics at Princeton University. He doesn't expect it will be an easy message to sell, though. These Very Serious People present economics as a morality play, in which debt is a sin, and we have all sinned, so now we must all pay the price by tightening our belts together. The same principles apply to the "paradox of deleverage".

Related: