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Saturday, March 21, 2009

Worthwhile Reading - Mar 21st Edition

NCAA first round winning percentage by seed. Jake, EconomPic Data.

Leading economic indicators (February). Jake again.
note that the only positive contributors are the shape of the yield curve and the increase in the money supply (M2); but its far from clear that old relationships of how expansion in M2 impacted the economy are at all relevant at a (debt-deflationary) time (of deleveraging) when broader measures of money and credit growth are clearly at odds with what is happening to M2

Brutalizing the FASB's attempts at piglipsticking. Tyler Durden, Zero Hedge.

S&P 500 index P/E at troughs: a detailed 80 year analysis. News to U(se).

Save the credit unions! Felix Salmon, Portfolio.com.

Financial crisis caused by culture of complicity. Interview with James Galbraith, Spiegel.

Despair over financial policy. Paul Krugman.

UPDATE:

Obama's Final Four pool entry. ESPN.




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