Monday, May 8, 2017
Monday morning noos
So this summer, among other things, I'm taking a couple lower-level classes. I'm also reading through a bunch of textbooks to get ahead of the workload this coming fall: one on transportation geography (then maybe a second), one later maybe on geographical stats, maybe one on monetary modelling, and one on intro earth science.
And maybe some other stuff too, like Mark Thoma's advanced econometrics videos, to get ahead of the game for Metrics II.
But meanwhile, I can start posting news again, and boy is it boring out there:
FT Alphaville - boy is it boring out there. $VIX of 10 is making news. I think part of it might actually be that too many people are trying to get leverage by shorting via XIV. If so, expect a few explosive $VIX pops for little reason. Then again, we just went through 8 years of people expecting the apocalypse as the SPY tripled, so maybe people have finally thrown in the towel on that idiotic doom trade and this is just the new normal.
Speaking of which:
Buzzfeed - Alex Jones will never stop being Alex Jones. Even if it's during a custody battle for his kids. You have to love a story that starts with "It was the winter of 1997 and Alex Jones couldn’t stop getting punched in the face."
And as for actual economic news:
Calculated Risk - rail traffic increased in April and hotel occupancy rate increases. The interesting bit to me is that hotels are at an all-time high, but rails actually had a terrible year last year and still haven't recovered to 2015 levels.