{"id":197988,"date":"2007-12-26T00:03:00","date_gmt":"2007-12-26T05:03:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/12\/26\/more-troubling-economic-news\/"},"modified":"2007-12-26T00:03:00","modified_gmt":"2007-12-26T05:03:00","slug":"more-troubling-economic-news","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/12\/26\/more-troubling-economic-news\/","title":{"rendered":"More Troubling Economic News"},"content":{"rendered":"<p>First, the <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aUi7bpAXii1c&amp;\">index of leading economic indicators falls for the third time in four months in November<\/a>, dropping 0.3%, and it turns out that no one wants to buy into the mega-sh$@ pile that was supposed to buy up Structured Investment Vehicles (SIVs) to prevent fire sale prices on these assets.  <\/p>\n<p>It turns out that <a href=\"http:\/\/www.cnbc.com\/id\/22361874\">no one was interested in contributing to the fund<\/a>.  I think that &#8220;the market&#8221; has recognized that this was an attempt to shift to cost of bad decisions from the makers of those decisions to the ordinary investor, and while Wall Street typically <span style=\"font-weight:bold;\">likes<\/span> this setup, they realized that even the most naive investor was already onto the game.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First, the index of leading economic indicators falls for the third time in four months in November, dropping 0.3%, and it turns out that no one wants to buy into the mega-sh$@ pile that was supposed to buy up Structured Investment Vehicles (SIVs) to prevent fire sale prices on these assets. It turns out that &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,973],"tags":[],"class_list":["post-197988","post","type-post","status-publish","format-standard","hentry","category-bubble","category-economy"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197988"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=197988"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197988\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=197988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=197988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=197988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}