Linking ≠ endorsement. Enjoy and share:
↑ Amount of old ice in Arctic, 1987-2013 – YouTube [by The National Oceanic and Atmospheric Administration (NOAA)]
The winter ice pack in the Arctic was once dominated by multi-year*, thick ice. Today, very little old ice remains. This animation shows maps of sea ice age from 1987 through the end of October 2013. Age class 1 means “first-year ice,” which is ice that formed in the most recent winter. The oldest ice (9+) is ice that is more than 9 years old. Animation by NOAA climate.gov, based on research data provided by Mark Tschudi, CCAR, University of Colorado. *Revised on 2/21/14. Caption originally said “old.” Revised to “multi-year” to reduce ambiguity.
We think the best way right now to prepare for Anthropogenic Global Warming is to prevent it. How about you?
↑ [Recommended] Robert Shiller: Nobel Prize Winning Economist – YouTube
Consuelo Mack interviews Robert Shiller. The recent winner of the Nobel Prize in Economic Sciences, a Yale professor and the co-creator of the Case-Shiller Home Price Indices discusses the importance of psychology in the markets and what it’s telling him now.
We must say that watching investors in equities versus bonds (which impact real-estate interest rates so much) really drives home Robert Shiller’s point that behaviors are difficult to predict due to irrationality.
…China’s treasury position “adjustments” throughout last year seem to follow treasury prices (inverse of yields). This is akin to a retail investor buying high and selling low – chasing the market with everyone else. While analysts often assign some degree of sophistication to China’s investment strategy, the positioning in the chart below resembles a fairly incompetent trading behavior ….
It is strange.