Elsewhere on Friday,
- “For as it is written, the last shall be first and the geek shall inherit the earth.”
- Reece on tour – “I’ve spent today talking to senior politicians from both the LDP and Democrat opposition.”
- “Now the spat looks likely to blast into the open again as shareholders convene next month for INM’s annual meeting.”
- “Earnest promises to do better soon won’t suffice.”
- Icahn-omics.
- “We don’t need gas tax holidays. Exchange rates can be managed. We need exchange rate policy.”
- More on the Baltic Dry.
- CDS market: Still growing but…
- The economics of hangers.
- Amazon is absurdly overvalued…and anyone who shorts it is a moron.