Prospects for Output: The WSJ Survey (1)
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Menzie Chinn (7)
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Econbrowser (15)
2 days, 6 hours
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The WSJ just released its newest survey of economists' views on the course of the economy. From the article: On average, the 52 economists surveyed now expect gross domestic product to contract in the third and fourth quarters of this year, as well as the first quarter of 2009. This is the first time that survey forecasts for those periods have turned negative. If those predictions bear out, it would mark the first time U.S. ...
More Cliff Diving Today: S&P Off 40% from Peak (1)
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CalculatedRisk (60)
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Calculated Risk (64)
2 days, 7 hours
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The Dow Jones Industrial Average is now below 8900 8800 8700.The S&P 500 is off 40% from the peak of last October.Krugman says: Stock prices are, however, the least of our worries. The money markets are frozen; the TED spread is 4.14%. (CR: now 4.23)G7 meeting tomorrow, IMF-World Bank over the weekend. Now is the time for major action — an announcement of coordinated capital injections,
NEW STOCK MARKET TERMS (10)
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Barry Ritholtz (353)
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The Big Picture (909)
4 days, 7 hours
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A fun email circulating trading desks, worthwhile as an informal measure of sentiment:CEO --Chief Embezzlement Officer.CFO-- Corporate Fraud Officer.BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.VALUE INVESTING -- The art of buying low and selling lower.P/E RATIO -- The percentage of ...
Russia, global lender of last resort? Will Russia bail out the hedge fund of the North … (1)
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bsetser (19)
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Brad Setser: Follow the Money (19)
4 days, 9 hours
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A few years ago, analysts looking at the same data that Dr. Krugman highlighted started to call the US a hedge fund. It borrowed short-term in dollars, providing the world wit a safe liquid asset (or it was said) and used the proceeds to buy risky assets abroad — collecting a risk premium in the process. That kind of hedge fund is has had a bad run recently. The US — viewed as a hedge ...
Viral brain cancer theory comes of age (2)
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vaughan (92)
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Mind Hacks (115)
4 days, 12 hours
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The San Francisco Chronicle has a great article about Dr Charles Cobbs, a neurosurgeon who had the seemingly wacky idea that malignant brain tumours called gliomas might be caused by a viral infection. Initially dismissed, there is now growing evidence for his idea and how it might lead to better prevention and treatment for these usually fatal forms of brain cancer. Gliomas are tumour that form from glial cells - non-neuronal brain cells that provide ...
Nokia launches 5800 XpressMusic touchscreen phone (formally known as the “Tube”) (1)
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Steve O'Hear, editor (18)
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last100 (46)
1 week, 1 day
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At long last, Nokia has taken the wraps off its much anticipated entrance into the touchscreen smartphone space, post-iPhone of course. The new device - dubbed 5800 XpressMusic - is, as the name suggests, being pitched as a music (and video) centric phone, and is to be the second handset to support the company’s all-you-can-eat music subscription service, Comes With Music, which also officially launched today. Perhaps unsurprisingly, Nokia is also emphasizing the 5800’s media ...
Many receptor models used in drug design may not be useful after all (1)
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Snowcrash (14)
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Biosingularity (14)
1 week, 1 day
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It may very well be that models used for the design of new drugs have to be regarded as impractical. This is the sobering though important conclusion of the work of two Leiden University scientists published in Science this week. The editorial board of the renowned journal even decided to accelerate the publication on the [...]
Apple Eases Up on iPhone Developers, Drops NDA (13)
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Marshall Kirkpatrick (1169)
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ReadWriteWeb (5150)
1 week, 3 days
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The all-too contentious relationship between Apple the developers who build apps for the iPhone has gotten a little friendlier this morning with an announcement that Apple will drop the requirement that developers sign a Nondisclosure Agreement regarding the software. NDAs are, by their nature, threatening, awkward and unfriendly. Sometimes they are necessary but when concerning software that thousands of people are developing on - an NDA probably isn't very realistic, either. Shouts of joy rang ...
Trusting the Hedgies (1)
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Stem cell Advance roundup : restroring hearing, fixing spinal cords, fixing hearts and more (2)
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bw (94)
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Next Big Future (92)
1 week, 4 days
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1. Researchers have created healthy stem cells from adult cells--no embryo required and no side effects.Until now, however, creating iPS [induced pluripotent stem] cells without integrated viruses had been a major hurdle for stem-cell researchers. Although Hochedlinger has overcome that hurdle, he says there is still some distance to travel. While retroviral techniques allow scientists to turn about one in every 1,000 skin cells into an iPS cell, the adenovirus is far less efficient: only ...
Spacex fourth launch successfully reaches orbit (1)
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bw (94)
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Next Big Future (92)
1 week, 5 days
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Spacex Exploration Technologies has successfully launched the first privately-developed all-liquid fuel rocket that was able to reach orbit.Falcon 1, a 70-foot-long rocket powered by liquid oxygen and kerosene, is the first in a family of low-cost launch vehicles priced at $7.9 million each.Besides the Falcon 1, SpaceX is developing for NASA a larger launch vehicle, Falcon 9, capable of flying to the international space station when the current space shuttle fleet retires in 2010.There should ...
The real power of Google’s phone: connecting us to people, places, and things (1)
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Daniel Langendorf (28)
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last100 (46)
2 weeks, 3 days
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The real power of a Google phone and the Android mobile operating system isn’t just computing power, or search, or advertising, or maps. It’s the ability to connect people, places, and things like never before. With the introduction Tuesday of the Google phone — dubbed G1 by wireless carrier T-Mobile — we’re starting to see the potential disruption that Google and Android will bring in the coming year or two. It’s even greater than what ...
Fish farming and Genetically Modified Fish for Feeding a Future World (1)
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bw (94)
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Next Big Future (92)
2 weeks, 3 days
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Aquaculture is a major part of the worlds current and future food supply. It currently is the fastest growing food producing sector in the world. Genetically modified (GMO) fish are likely to dominate future fish farming by growing over two times faster than regular fish and being up to 30% more efficient with feed than regular fish. This would also make the GMO fish 350% more efficient with feed than cows are.Fish farms operating in ...
Harmonious analgesia (1)
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vaughan (92)
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Mind Hacks (115)
2 weeks, 5 days
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You're in the operating theatre, about to undergo a serious surgical procedure and the anaesthetic is starting to take effect. You can hear a beautiful acapella song that seems to be a remarkably geeky composition on anaesthesiology, but you're not sure whether it's the consciousness altering drugs that are causing strangely harmonious hallucinations or whether the doctors are really doing multi-part harmonies. Actually, it turns out that a group of anaesthetists are really singing an ...
KurzweilAI.net Accelerating Intelligence News (126) permalink
Fring, a free mobile Voice-over-IP service, now allows Skype calls and text chat via the iPhone (and selected other handsets via Internet connection) and text-chat via iPod Touch (via WiFi). Fring also lets you chat (and call, where appropriate) friends over MSN, GoogleTalk, AIM, Yahoo, Twitter, ICQ, and Fring's own service. (Source: http://www.mobile...)Shared by Konstantin (27)Contribute comment
