Karl Denninger is Just Another Doom and Gloom Liberal

Karl Denninger, like Nicolas Nassim Taleb and Peter Schiff, is yet another habitually wrong doom and gloom liberal. Until now, I haven’t written anything about Denninger – one of a handful of leftist, anti-fed pundits who rose to prominence during and after the 2008 financial…

Quasi Barrier Options

Quasi barrier options are used to model how stock and option prices react to announced price floors and ceilings. There is surprisingly little literature about this, so I decided to take matters into my own hands and try to develop the options pricing formulas myself….

Slow News Cycle

15 Reasons Why Americans Think We’re Still in a Recession Some of this sounds like cry me a river. We have to come to terms that in America’s post-2008 hyper-meritocracy a lot of people will be left behind, and there’s nothing we can or should…