There’s No Superhero in the Wings
But we still can’t tally the losses for which these engineering geniuses are responsible. “No one knows how big the challenges in the financial sector are,” Mr. Kasriel said. “What I do know is that we have never had a more highly leveraged economy than we have today. We have never had a more highly leveraged household sector and we have never had a more highly leveraged housing sector than we have today.”
Heavy Truck Sales Increased in April
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This graph shows heavy truck sales since 1967 using data from the BEA. The
dashed line is the April 2024 seasonally adjusted annual sales rate (SAAR).
Heav...
7 hours ago
2 comments:
But we still can’t tally the losses for which these engineering geniuses are responsible.
LOL I love that line.
Kevin
When Genius Failed: The Rise and Fall of Long-Term Capital Management
The next book in the series?
When Geniuses Failed: The Rise and Fall of Long-Term Capital Mismanagement
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