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	<title>A Second Hand Conjecture &#187; Investing</title>
	<atom:link href="http://asecondhandconjecture.com/index.php/category/investing/feed/" rel="self" type="application/rss+xml" />
	<link>http://asecondhandconjecture.com</link>
	<description>Questions through the veil of ignorance</description>
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		<item>
		<title>Taking a Closer Look at Unemployment</title>
		<link>http://asecondhandconjecture.com/index.php/2009/11/08/taking-a-closer-look-at-unemployment/</link>
		<comments>http://asecondhandconjecture.com/index.php/2009/11/08/taking-a-closer-look-at-unemployment/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 04:10:36 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[economy]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/index.php/2009/11/08/taking-a-closer-look-at-unemployment/</guid>
		<description><![CDATA[Employment as measured by the &#8220;establishment survey,&#8221; was down by 190,000; and Many feel it is an improvement that we are not falling as fast. Well, let us take a moment to look under the hood of these numbers. First, &#8230; <a href="http://asecondhandconjecture.com/index.php/2009/11/08/taking-a-closer-look-at-unemployment/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Big Banks Got Played</title>
		<link>http://asecondhandconjecture.com/index.php/2009/06/12/big-banks-got-played/</link>
		<comments>http://asecondhandconjecture.com/index.php/2009/06/12/big-banks-got-played/#comments</comments>
		<pubDate>Fri, 12 Jun 2009 15:01:45 +0000</pubDate>
		<dc:creator>ChrisB</dc:creator>
				<category><![CDATA[Chris' Page]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[amherst]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Bonds]]></category>
		<category><![CDATA[CDS]]></category>
		<category><![CDATA[finance]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/index.php/2009/06/12/big-banks-got-played/</guid>
		<description><![CDATA[A Daring Trade Has Wall Street Seething from the Wall Street Journal. Amherst, a small Austin firm found a small loophole in the system. To use a crude metaphor, they sold the big banks hurrican insurance and then made sure &#8230; <a href="http://asecondhandconjecture.com/index.php/2009/06/12/big-banks-got-played/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Probably Overpaying</title>
		<link>http://asecondhandconjecture.com/index.php/2009/03/08/probably-overpaying/</link>
		<comments>http://asecondhandconjecture.com/index.php/2009/03/08/probably-overpaying/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 04:25:22 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Humor]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Citibank]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=6858</guid>
		<description><![CDATA[]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chicago Tea Party</title>
		<link>http://asecondhandconjecture.com/index.php/2009/02/19/chicago-tea-party/</link>
		<comments>http://asecondhandconjecture.com/index.php/2009/02/19/chicago-tea-party/#comments</comments>
		<pubDate>Thu, 19 Feb 2009 18:59:47 +0000</pubDate>
		<dc:creator>ChrisB</dc:creator>
				<category><![CDATA[Chris' Page]]></category>
		<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[Atlas Shrugged]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Chicago]]></category>
		<category><![CDATA[John Galt]]></category>
		<category><![CDATA[mortgage crisis]]></category>
		<category><![CDATA[revolt]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=6813</guid>
		<description><![CDATA[Rick Santelli just went off on Obama&#8217;s housing proposal live on CNBC from the commodities trading floor in Chicago. It&#8217;s now the headline on Drudge: VIDEO: &#8216;The government is promoting bad behavior&#8230; do we really want to subsidize the losers&#8217; &#8230; <a href="http://asecondhandconjecture.com/index.php/2009/02/19/chicago-tea-party/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Peter Schiff&#8217;s Payback</title>
		<link>http://asecondhandconjecture.com/index.php/2008/11/17/peter-schiffs-payback/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/11/17/peter-schiffs-payback/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 15:40:30 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Peter Schiff]]></category>
		<category><![CDATA[risk]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=6293</guid>
		<description><![CDATA[The insufferable Peter Schiff has a video going around, which frankly, is just brilliant. He may be unpleasant at times, but he nailed this thing, and took mounds of abuse while doing so. More importantly, I KNOW HOW HE FEELS! &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/11/17/peter-schiffs-payback/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Blaming Obama for the Market</title>
		<link>http://asecondhandconjecture.com/index.php/2008/11/07/blaming-obama-for-the-market/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/11/07/blaming-obama-for-the-market/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 20:08:18 +0000</pubDate>
		<dc:creator>Lee</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Election 2008]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Armbruster]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Ben Armbruster]]></category>
		<category><![CDATA[capital gains]]></category>
		<category><![CDATA[capital gains taxes]]></category>
		<category><![CDATA[Dick Morris]]></category>
		<category><![CDATA[election]]></category>
		<category><![CDATA[FNC]]></category>
		<category><![CDATA[Fox News]]></category>
		<category><![CDATA[Fred Barnes]]></category>
		<category><![CDATA[governemtn]]></category>
		<category><![CDATA[New York Times]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[rally]]></category>
		<category><![CDATA[Saturn]]></category>
		<category><![CDATA[Stock market]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[ThinkProgress]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=6150</guid>
		<description><![CDATA[Ben Armbruster at ThinkProgress is upset Fred Barnes and Dick Morris are blaming Obama for the post-election declines in the stock market. Armbruster&#8217;s case is a little defensive and misjudged (he cites the New York Times&#8217; opinion, as if that &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/11/07/blaming-obama-for-the-market/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>1948 After All</title>
		<link>http://asecondhandconjecture.com/index.php/2008/11/05/1948-after-all/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/11/05/1948-after-all/#comments</comments>
		<pubDate>Wed, 05 Nov 2008 20:40:42 +0000</pubDate>
		<dc:creator>Lee</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Election 2008]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[1948]]></category>
		<category><![CDATA[Democratic Party]]></category>
		<category><![CDATA[DJIA]]></category>
		<category><![CDATA[Dow Jones]]></category>
		<category><![CDATA[harry truman]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Stock market]]></category>
		<category><![CDATA[Truman]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=6076</guid>
		<description><![CDATA[Interesting: [W]e are on pace for the worst reaction to an election since Truman won in 1948.  Interestingly, the only times the DJIA has ever declined by more than 1% [are] the day after a presidential election when the Democratic Party won complete control. (Bespoke)]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The View From Here</title>
		<link>http://asecondhandconjecture.com/index.php/2008/10/14/the-view-from-here/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/10/14/the-view-from-here/#comments</comments>
		<pubDate>Wed, 15 Oct 2008 04:51:09 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[LA Times]]></category>
		<category><![CDATA[the economy]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=5863</guid>
		<description><![CDATA[I wonder if the juxtaposition of that headline and that photo was intentional? Anyway, over at Risk and Return I follow up Dale, McQ and my discussion of the markets and the economy during the last couple of podcasts with &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/10/14/the-view-from-here/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Stock and Awe in Baghdad</title>
		<link>http://asecondhandconjecture.com/index.php/2008/10/10/stock-and-awe-in-baghdad/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/10/10/stock-and-awe-in-baghdad/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 16:09:12 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Foreign affairs]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Bull Market]]></category>
		<category><![CDATA[Iraq]]></category>
		<category><![CDATA[Stock market]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=5847</guid>
		<description><![CDATA[The Markets have spoken, the best place to invest in the world is&#8230;Iraq! Now it’s stock and awe in Baghdad! As the Dow plummeted nearly 700 points yesterday to fall well below the 9,000 mark, the Iraqi stock exchange &#8211; &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/10/10/stock-and-awe-in-baghdad/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Strategery Capital Management LLC</title>
		<link>http://asecondhandconjecture.com/index.php/2008/10/02/strategery-capital-management-llc/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/10/02/strategery-capital-management-llc/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 20:31:23 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Humor]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[distressed debt]]></category>
		<category><![CDATA[George Bush]]></category>
		<category><![CDATA[Hank Paulson]]></category>
		<category><![CDATA[hedge funds]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=5829</guid>
		<description><![CDATA[A new distressed debt leveraged hedge fund has been launched: Go visit the website for all their competitive advantages!]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The SEC doesn&#8217;t get the short end of the stick</title>
		<link>http://asecondhandconjecture.com/index.php/2008/09/29/the-sec-doesnt-get-the-short-end-of-the-stick/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/09/29/the-sec-doesnt-get-the-short-end-of-the-stick/#comments</comments>
		<pubDate>Mon, 29 Sep 2008 20:38:09 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[short selling]]></category>
		<category><![CDATA[Stock market]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=5813</guid>
		<description><![CDATA[If they did, then they wouldn&#8217;t have banned short selling. People may have noticed that the ban hasn&#8217;t helped, and today we see one of the real costs. See, when markets collapse like today, short sellers dive into the market &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/09/29/the-sec-doesnt-get-the-short-end-of-the-stick/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Short of Wisdom, Common Sense and a Grasp of Reality</title>
		<link>http://asecondhandconjecture.com/index.php/2008/09/18/short-of-wisdom-common-sense-and-a-grasp-of-reality/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/09/18/short-of-wisdom-common-sense-and-a-grasp-of-reality/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 03:46:15 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Christopher Cox]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[S.E.C]]></category>
		<category><![CDATA[short sellers]]></category>
		<category><![CDATA[stocks]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=5759</guid>
		<description><![CDATA[The hedge fund industry is feeling gloomy, and so is Mayfair. Meanwhile our government is considering following London&#8217;s lead and making their lives even more difficult, by banning short selling for a while. Yep, Fannie would have been just fine &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/09/18/short-of-wisdom-common-sense-and-a-grasp-of-reality/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Uprecedented Financial Turmoil</title>
		<link>http://asecondhandconjecture.com/index.php/2008/09/17/uprecedented-financial-turmoil/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/09/17/uprecedented-financial-turmoil/#comments</comments>
		<pubDate>Thu, 18 Sep 2008 01:02:01 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Bonds]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[money markets]]></category>
		<category><![CDATA[Treasury Bills]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=5743</guid>
		<description><![CDATA[Today the Fed went to the Treasury and asked for a line of credit. You know, the lender of last resort has had to turn to our Treasury to protect their balance sheet. Want to see something weird. Go here &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/09/17/uprecedented-financial-turmoil/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are we in a recession yet?</title>
		<link>http://asecondhandconjecture.com/index.php/2008/04/07/are-we-in-a-recession-yet/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/04/07/are-we-in-a-recession-yet/#comments</comments>
		<pubDate>Mon, 07 Apr 2008 16:14:24 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[freight]]></category>
		<category><![CDATA[markets]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/index.php/2008/04/07/are-we-in-a-recession-yet/</guid>
		<description><![CDATA[Personally I think we have been negative since November. Given the large positive number in the third quarter, the barely above break even number in the fourth quarter virtually guarantees that the economy went negative sometime in November and December. &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/04/07/are-we-in-a-recession-yet/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Nationalization of the Housing Market</title>
		<link>http://asecondhandconjecture.com/index.php/2008/02/25/the-nationalization-of-the-housing-market/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/02/25/the-nationalization-of-the-housing-market/#comments</comments>
		<pubDate>Mon, 25 Feb 2008 14:16:36 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[mortgage crisis]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[the economy]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2612</guid>
		<description><![CDATA[Regular readers know that I have been harping on the likely collapse in housing since this blog began. At this point I am hardly an outlier in being concerned, which means now the politicians and experts are ready to ride &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/02/25/the-nationalization-of-the-housing-market/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Grinding Gears of the Economy</title>
		<link>http://asecondhandconjecture.com/index.php/2008/02/02/the-grinding-gears-of-the-economy/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/02/02/the-grinding-gears-of-the-economy/#comments</comments>
		<pubDate>Sat, 02 Feb 2008 17:43:09 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[GDP]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2349</guid>
		<description><![CDATA[The Fourth quarter GDP numbers came in this week, and then the Fed went ahead and cut rates further. That is 125 basis points in about a week.! I have a roundup of news, related opinion and other reactions at &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/02/02/the-grinding-gears-of-the-economy/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Fraud Unseen</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/26/the-fraud-unseen/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/26/the-fraud-unseen/#comments</comments>
		<pubDate>Sat, 26 Jan 2008 16:47:13 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Melissa Theuriau]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[Societe General]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2275</guid>
		<description><![CDATA[(cross posted at Risk and Return) So, we now have a new record for trader fraudulently losing billions on bad trades. Nick Leeson will soon join the 1972 Dolphins as great, but behind by the numbers. Just like then I &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/26/the-fraud-unseen/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The Harley Report</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/25/the-harley-report/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/25/the-harley-report/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 20:56:55 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Harley Davidson]]></category>
		<category><![CDATA[HOG]]></category>
		<category><![CDATA[luxury goods]]></category>
		<category><![CDATA[motorcycles]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2271</guid>
		<description><![CDATA[As I noted earlier, Dale Franks was curious about how Harley Davidson (HOG) would do on its latest earnings release: One earnings report to watch this week, though, is Harley-Davidson (HOG). It’s a solid company with a loyal customer base—I’m &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/25/the-harley-report/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Global Correction</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/23/the-global-correction/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/23/the-global-correction/#comments</comments>
		<pubDate>Wed, 23 Jan 2008 19:41:39 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[bear market]]></category>
		<category><![CDATA[correction]]></category>
		<category><![CDATA[global equities]]></category>
		<category><![CDATA[Stock market]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2233</guid>
		<description><![CDATA[(Cross posted at Risk and Return) This is a very cool look at the market carnage of the last few days geographically from the Wall Street Journal. You can go from one day to the next and watch how the &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/23/the-global-correction/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Indexing Capital Gains</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/23/indexing-capital-gains/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/23/indexing-capital-gains/#comments</comments>
		<pubDate>Wed, 23 Jan 2008 18:00:43 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Election 2008]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[capital gains]]></category>
		<category><![CDATA[fiscal stimulus]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2219</guid>
		<description><![CDATA[Richard Rahn pushes for the indexing of capital gains due to inflation as part of the stimulus. Accounting for inflation in this way has the advantages of producing more short-term revenue to the Treasury as long-term gains are &#8220;unlocked.&#8221; Furthermore, &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/23/indexing-capital-gains/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fed Cuts Interest Rate 75bps!</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/22/fed-cuts-interest-rate-75bps/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/22/fed-cuts-interest-rate-75bps/#comments</comments>
		<pubDate>Tue, 22 Jan 2008 13:37:05 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[stock markets]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2209</guid>
		<description><![CDATA[From The New York Times: WASHINGTON (AP) &#8212; The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday. Quicker and larger &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/22/fed-cuts-interest-rate-75bps/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://asecondhandconjecture.com/index.php/2008/01/22/fed-cuts-interest-rate-75bps/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Overseas Markets Plunge Again</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/22/overseas-markets-plunge-again/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/22/overseas-markets-plunge-again/#comments</comments>
		<pubDate>Tue, 22 Jan 2008 13:24:20 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[international stocks]]></category>
		<category><![CDATA[markets]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2208</guid>
		<description><![CDATA[From the New York Times: Heavy selling hit each Asian and European stock market as soon as it opened. Some of Asia’s easternmost exchanges, which had closed on Monday before the sharpest declines occurred in India and then Europe, suffered &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/22/overseas-markets-plunge-again/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Today&#8217;s links: Washington tries to step up</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/18/todays-links-washington-tries-to-step-up/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/18/todays-links-washington-tries-to-step-up/#comments</comments>
		<pubDate>Fri, 18 Jan 2008 03:08:12 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[AMBAC]]></category>
		<category><![CDATA[behavioral finance]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[clowns]]></category>
		<category><![CDATA[Emerging Markets]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[fiscal stimulus]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[MBIA]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[Moody's]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2116</guid>
		<description><![CDATA[ (cross posted at Risk and Return) Ben Bernanke gives Congress and the President the green light to take steps to stimulate the economy along with a warning: Fortunately, the Fed has some ideas on what they should&#8211;and shouldn&#8217;t&#8211;do. Bernanke&#8217;s remarks &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/18/todays-links-washington-tries-to-step-up/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ChrisB and the Federal Reserve</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/18/chrisb-and-the-federal-reserve/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/18/chrisb-and-the-federal-reserve/#comments</comments>
		<pubDate>Fri, 18 Jan 2008 03:01:22 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[Alan Greenspan]]></category>
		<category><![CDATA[Anna Schwartz]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[fiscal policy]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[monetary policy]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2114</guid>
		<description><![CDATA[Chris asked what he thought the Federal Reserve could have done differently. I gave him an answer, but there was more to be said. My full answer is here. Scroll around, there is a lot more on the what could &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/18/chrisb-and-the-federal-reserve/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Today&#8217;s links: The Housing Market</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/15/todays-links-the-housing-market/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/15/todays-links-the-housing-market/#comments</comments>
		<pubDate>Tue, 15 Jan 2008 17:05:02 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Claifornia]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[Lennar]]></category>
		<category><![CDATA[Massachusetts]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[OFHEO]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Shiller]]></category>
		<category><![CDATA[William Lyon Homes]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2054</guid>
		<description><![CDATA[(cross posted at Risk and Return) Paper Economy has taken a close look at what it will take to get inflation adjusted housing prices in Massachusetts back to trend over a five year period. It should be noted that for &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/15/todays-links-the-housing-market/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>President&#8217;s and Markets</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/15/presidents-and-markets/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/15/presidents-and-markets/#comments</comments>
		<pubDate>Tue, 15 Jan 2008 17:00:54 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Domestic Politics]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=2056</guid>
		<description><![CDATA[Alea notices that a widely cited paper claiming that Democratic Presidents are better than Republican presidents for the stock market doesn&#8217;t hold water: This paper shows that the statistical tests applied by the authors of the study were wrong, and &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/15/presidents-and-markets/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>My Next Project</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/11/my-next-project/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/11/my-next-project/#comments</comments>
		<pubDate>Fri, 11 Jan 2008 21:47:43 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Baton Rouge]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=1998</guid>
		<description><![CDATA[We have a number of things in the works over the next few days here at A Second Hand Conjecture. We will let you know more over the next couple of days. I can only say I am extremely excited. &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/11/my-next-project/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Apple Reshapes Another Industry</title>
		<link>http://asecondhandconjecture.com/index.php/2008/01/11/apple-reshapes-another-industry/</link>
		<comments>http://asecondhandconjecture.com/index.php/2008/01/11/apple-reshapes-another-industry/#comments</comments>
		<pubDate>Fri, 11 Jan 2008 15:08:42 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[cell phones]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[phones]]></category>
		<category><![CDATA[Steve Jobs]]></category>
		<category><![CDATA[telecommunications]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=1988</guid>
		<description><![CDATA[A fascinating look at the development of the iPhone and its impact upon the structure of the telecom industry. More than being a snazzy and popular device, the iPhone has changed how the relationship between players in the telecom industry &#8230; <a href="http://asecondhandconjecture.com/index.php/2008/01/11/apple-reshapes-another-industry/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Housing Crisis</title>
		<link>http://asecondhandconjecture.com/index.php/2007/12/05/the-housing-crisis/</link>
		<comments>http://asecondhandconjecture.com/index.php/2007/12/05/the-housing-crisis/#comments</comments>
		<pubDate>Wed, 05 Dec 2007 02:53:05 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Humor]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=1894</guid>
		<description><![CDATA[I think this explains it better than I have, at least it is more entertaining: [youtube SJ_qK4g6ntM] [tags] housing, investing, economics, hedge funds, mortgage debt, crisis, humor [/tags]]]></description>
		<wfw:commentRss>http://asecondhandconjecture.com/index.php/2007/12/05/the-housing-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Google effect</title>
		<link>http://asecondhandconjecture.com/index.php/2007/10/14/the-google-effect/</link>
		<comments>http://asecondhandconjecture.com/index.php/2007/10/14/the-google-effect/#comments</comments>
		<pubDate>Sun, 14 Oct 2007 04:30:43 +0000</pubDate>
		<dc:creator>Lance</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Lance's Page]]></category>

		<guid isPermaLink="false">http://asecondhandconjecture.com/?p=1639</guid>
		<description><![CDATA[Elise Ackerman gives us the rundown on the cascading effect of Google&#8217;s IPO and growth: A Mercury News analysis of company documents filed with the Securities and Exchange Commission provides a rough estimate of the wealth that erupted from the &#8230; <a href="http://asecondhandconjecture.com/index.php/2007/10/14/the-google-effect/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

