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Seattle Redux: Misunderstanding Seasonal Adjustments

The Big Picture

The Journal did the math as follows: California had 726,600 people working in fast-food and other limited-service eateries in January, down 1.3% Looking at the chart above in table format (from 2010), it becomes quite evident that, on a NSA basis, the trough in this series occurs, with precision, in January. Every January.

Food 336
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Catastrophizing Debt

The Big Picture

October 2, 2017) Deficit Chicken Hawks vs Ronald Reagan (July 13, 2010) Politics & Investing The post Catastrophizing Debt appeared first on The Big Picture.

Economy 347
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Join The Bond Market Resistance!

Random Roger's Retirement Planning

The article devoted a good amount of space to bond market math, focusing on the pain of owning the iShares 20+ Year Treasury ETF (TLT) and bond funds in general. I found an interview I did with Seeking Alpha in late 2010 that made its way to NASDAQ.com. Here's the relevant excerpt. It turned out it did matter starting in late 2021.

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Transcript: Lynn Martin

The Big Picture

Let’s talk about what took place on the flash crash back in 2010. I understood then that, effectively, fair value was determined by a variety of mathematical — a bunch of math, for lack of a better description. RITHOLTZ: That’s interesting. Let’s talk about some of those. These are all old data systems.

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Bracketology (2025 Edition)

The Better Letter

During the 2010 World Cup, Paul the Octopus picked the correct winner of eight-straight matches, including the final (his odds of doing so were one in 256 ). Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 quintillion.

Numbers 74
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The importance of evaluating social factors in mortgage bond analysis

Brown Advisory

Additionally, underbuilding in the years following the subprime mortgage and global financial crisis of 2007-2010 resulted in a systemic shortage of housing that has driven rapid appreciation in home prices and rental costs alike. High-income homeowners reaped more than 70% of the $8.2 trillion increase in the value of U.S.

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Transcript: Elizabeth Burton, Goldman Sachs Asset Management

The Big Picture

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons.

Assets 148