US Markets

DJIA9757.58chart+369.97
NASDAQ1883.40chart+39.15
S&P 5001043.96chart+40.61
2008-10-14 09:36

Intl. Markets

FTSE4471.66chart+214.76
DAX5335.34chart+272.89
Nikkei9447.57chart+1171.14
2008-10-14 09:21

Commodity Futures

Oil84.45chart+3.26
Gold844.20chart+0.00
Copper2.52chart+0.19
2008-10-14 08:36

Treasury Yield

13 Weeks0.35chart+0.14
5 Year3.01chart+0.25
10 Year4.01chart+0.15
2008-10-14 09:16

Exchange Rates

JPY102.72chart+0.00
EUR0.73chart+0.00
GBP0.57chart+0.00
2008-10-14 09:35

Archive for July, 2008

The Wisdom of Crowds - The Revenge »

Wikipedia is a resource that we Dumb Agents like to refer to quite often - primarily because it is a great example of the Dumb Agent Theory at work in everyday life.
For those uninitiated, once again, here’s a quick primer: many different people provide their input on a topic, this input is read by many [...]

Dumb GMO’s - Or Not »

Genetically modified organisms, or GMO’s for short, continue to be a controversial topic despite the fact that they have been around for many years. They have been instituted, banned, and re-instituted in many communities worldwide.
For those uninitiated, GMO’s are basically organisms whose genetic material have been altered via genetic engineering in order to reap [...]

Stuck on You »

Now that you can choose the most eco-friendly car, find the cheapest gas in your neighborhood, and have methods of averaging out the price of gas, it turns out you also have one more thing to worry about during your daily commute: bumper stickers.
According to a study done by William Szlemko and Jacob Benfield of [...]

The Economics of Love »

Who said Economics has nothing to do with real life?  This article from the New York Times gives an economically rational view of that little thing we call Love.
I will disagree with the part about your ROI equaling your investment. Love, unlike a business partnership, is not and should not be a 50/50 deal.  There [...]

Gaming the System »

Hank Paulson should go back to trumpeting his “Strong Dollar Policy.” He recently made comments in London regarding stability in financial markets during market crashes.
U.S. Treasury Secretary Henry Paulson called for regulatory changes that would allow financial firms to fail without threatening market stability.
The Treasury chief also proposed potentially requiring the White House to sign [...]