Tuesday, January 6, 2015

My podcast for Tuesday, Jan 6, 2015

Today's podcast.

Some topics: Market decline, bond yields, Bill Gross (again), euro, oil. Enjoy.


2 comments:

Matt Franko said...

US Oil production:

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M

Doesnt count Canada...

Up 4m bpd since 2008...

Pretty significant...

Matt Franko said...

Mike here is the wiki on "velocity":

http://en.wikipedia.org/wiki/Velocity_of_money

It says:

"Chart showing the log of US M2[1][2] money velocity (green), calculated by dividing nominal GDP by M2 stock,"

so they divide a flow by a stock...

Its like they are trying to gauge "what is the transaction total over some period of time per unit settlement balances"...