Miley Cyrus: 50 Ways to Leave Your Lover

50 Ways to Leave Your Lover Happy Hippie Presents: Backyard Sessions – 50 Ways to Leave Your Lover performed by Miley Cyrus Click here to donate: http://happyhippies.org/#donate To launch The Happy Hippie Foundation, Miley created a new Backyard Sessions series and invitedspecial musical guests to perform with her to make these music video collaborations. Founded…

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Succinct Summation of Week’s Events 4.15.16

Succinct Summations for the week ending April 15th 2016 Positives: Initial jobless claims came in at 253k, down from 267k previously. S. and global stocks finished the week higher. CPI rose 0.1% m/o/m and 0.9% y/o/y. Core inflation rose 0.1% m/o/m. Bloomberg consumer comfort index came in at 43.6, better than the 42.6 expected. Mortgage…

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Time Magazine LOL

Ok, let’s get this out of the way right up front: Time magazine has just pulled off a brilliant marketing coup. Proving there is no such thing as bad publicity, the 93-year old weekly, with its fading relevancy and free-falling paid subscriptions, has trolled everyone talking about them. Bye-bye journalism, hello social media. And all…

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10 Friday AM Reads

Quite a week! Finish it strong with our morning train reads: • James Grant Debt Rant — Time Magazine’s New Cover Story — Is Unforgivably Idiotic; Its Every Bad Conservative Argument About the National Debt Wrapped Into One (Slate) • People hate the stock market, and that might not change for ‘decades’ (Business Insider) • Active managers smash passive…

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2004 Ford GT CP-1 Prototype (its for sale)

Year: 2004 Make: FORD Model: GT PROTOTYPE (CP-1) Stock 1311E Vin: 1FAFP90SX4Y400004   Our family and car collector buddy Uncle Jan has his hands on an astounding piece of automotive history. It is offered for sale for a cool $1m. A little background: During the Great Recession, Ford decided to raise some cash to ride out the financial…

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U.S. Life Expectancy Depends on Income, Location

Fascinating analysis on US life expectancies from Neil Irwin and Quoctrung Bui at the NYT on the various factors that impact life expectancies in America. We all assume that having money — and the insurance, access to good health care, and all the rest — impacts life expectancy. However, did you imagine the disparacy was this stark, that the richest…

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10 Thursday AM Reads

“Nice rally you got there for a few days . . . it would be a shame if anything happened to it . . .” Also, our morning train reads: • Litigation v. Innovation Defined contribution’s sweeping paralysis. (CIO) • Music sales growing at fastest rate since 1998 (FT) • The dirty little secret that data journalists aren’t…

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Labor Force Participation Overview

From Federal Reserve Bank of Atlanta: Men, as a group, have been less and less inclined to participate in the labor market since at least World War II. From 1970 to 1999, the male participation rate declined from 80 percent to 75 percent. This decline coincided with rising participation by women, with the female participation…

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MiB Keith Ross: PDQ Enterprises & Getco Trading

This week on our Masters in Business podcast, we speak with Keith Ross, chairman and CEO PDQ Enterprises, a Dark Pool and ATS firm specializing in a form of unique inverse auctions. Previously, he ran Getco, one of the largest HFT forms (Getco purchased Knight Trading last year for $1.4B). In our conversation, we discuss what High Frequency…

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10 Tuesday AM Reads

Our two-fer-Tuesday morning train reads: • Travails of the active fund manager may only just be beginning (FT) see also Active asset managers knocked by shift to passive strategies (FT) • E-Commerce, Strong Demand Put U.S. Industrial Availability at 15-Year Low (World Property Journal) but see Why no economic boost from lower oil prices? (Econbrowser) • Reflections…

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