Brad Setser has an excellent overview of the Yen carry trade in his latest post. Nouriel Roubini reminds people of how fast things can go wrong in this post.
A lot of people are responding to them by arguing that fundamentals justify the out flows and there is nothing to worry about. But that begs Click Here to continue reading.
Someone by the name of Lola asked for help in figuring out how dart moving works; as such, I’ve tried to answer her specific questions. If someone else has a specific question that isn’t answered here, please let me know. (And Lola, if this doesn’t clear things up for you, let me know!)
It can be Click Here to continue reading.
Vova Galchenko got his green card approved and is back in the US now. His Dad taped his last practice in Russia, and man! The difficulty of the tricks he is working on is just unbelievable. 6 club shoulder throws? It must be awesome to watch them come pouring over your shoulders from a jugglers perspective. I still find 3 ball backcrosses difficult, so it’s hard for me to imagine doing 6 club shoulders. Click Here to continue reading.
Having recently read a bit about Poiret, I was quite familiar with the subjects mentioned in yesterdays (Feb. 1, 2007) “The Shape of Clothes to Come” article (in the “Personal Journal” section). By the absurdities of the fashion cycle, designers are getting ready to show their products for Fall 2007, next week. To quote the Click Here to continue reading.
There. I just finished spending an unbelievable amount of time putting together what is basically a photo-essay on how to make chocolate eclairs. Everything has been broken up into small enough steps a child could follow it. Can somebody please make all that time spent worth it by making eclairs this weekend? You won’t regret it. Eclairs are high on the list of top 10 desserts in the world for a reason; they strike the delicate balance of being so rich and flavorful that you want to keep sticking them in your mouth and yet light and un-filling enough that you can keep eating them.