Outsourcing the Corn Lobby to the Hedge Fund Industry

Michael Giberson Felix Salmon writes that “It’s Time for Political Event Swaps.” Why? Well, he says, “companies with political-event risk get to hedge it, while hedge funds and other investors get to invest in an asset which is completely uncorrelated with anything else.” If you’ve been keeping up with your financial econ studies, you know … More Outsourcing the Corn Lobby to the Hedge Fund IndustryMore Outsourcing the Corn Lobby to the Hedge Fund Industry

Financially Exposed to Hurricane Risks?

Michael Giberson Are you exposed to financial risks due to hurricanes? Want to hedge some of that risk? Forbes.com has a few pointers. … More Financially Exposed to Hurricane Risks?

A Blogger’s Reason for Trying the Shangri-la Diet

Michael Giberson Today I did something new. Something I’ve never tried before. I walked into the local Barnes and Noble bookstore and bought a diet book. I’ve never really though of myself as overweight. For most of my life I haven’t been overweight. For the last few years, however, I have thought of myself as … More A Blogger’s Reason for Trying the Shangri-la DietMore A Blogger’s Reason for Trying the Shangri-la Diet

Some More Sensible Commentary on Gas Prices

Lynne Kiesling With apologies for the shameless self-promotion: this Chicago Tribune article on gas prices in Illinois has some quotes from me, and others, on putting these gas prices in a proper context. I also found this New York Times article from Sunday on “price gouging” to be a more sensible and analytical view on … More Some More Sensible Commentary on Gas PricesMore Some More Sensible Commentary on Gas Prices

House Passes “Price Gouging” Bill

Lynne Kiesling On Wednesday the U.S. House passed a gasoline price gouging bill. The bill’s chief sponsor, Democratic Rep. Bart Stupak of Michigan, said he had no doubt the FTC would be able to determine price gouging once the agency had a law to uphold. The measure would establish the first federal law against energy … More House Passes “Price Gouging” Bill

Memorial Day Driving, Gas Prices, and Retail Sales

Lynne Kiesling You driving anywhere this weekend? I’m not. Other than a trip to the grocery store, I hope not to get in the car at all. In part that’s the high gas prices talking, but in part it’s a rebound from the fact that I spent the last three days at a conference out … More Memorial Day Driving, Gas Prices, and Retail SalesMore Memorial Day Driving, Gas Prices, and Retail Sales

Prediction Markets Vs. the Pundits in the French Election

Michael Giberson On prediction market group blog Midas Oracle (and also posted at the NewsFuture blog), Emile Servan-Schreiber offers an assessment of “prediction markets vs. the pundits” after the French presidential campaign debate between Ségolène Royal and Nicolas Sarkozy: After the debate, the pundits were all agreed that Royal had scored some points, and even … More Prediction Markets Vs. the Pundits in the French ElectionMore Prediction Markets Vs. the Pundits in the French Election

Auctioning the Airwaves, Google Style, Ii

Michael Giberson The tech trade press seems abuzz with speculation over Google’s interest in the FCC’s spectrum auction rules. Google phone? Google wireless? Google the spectrum monopolist? Google turning your cell phone into a mobile AdWords delivery device? All of this wild-eyed speculation seems a bit over the top to me, perhaps because the essential … More Auctioning the Airwaves, Google Style, IiMore Auctioning the Airwaves, Google Style, Ii

Auctioning the Airwaves, Google Style

Michael Giberson Google filed a proposal on Monday with the Federal Communications Commission calling on the agency to let companies allocate radio spectrum using the same kind of real-time auction that the search engine company now uses to sell advertisements. The NYTimes article is a little short on the technical details of the proposal (I … More Auctioning the Airwaves, Google StyleMore Auctioning the Airwaves, Google Style

Insider Trading on Capitol Hill?

Michael Giberson I assure you it was just a coincidence. I had no insider tips or other advance knowledge of what was about to happen. Last Wednesday morning I posted a few remarks about “Senators as Stock Pickers” solely because I found the idea that Senators were able to outperform the market as amusing. I … More Insider Trading on Capitol Hill?More Insider Trading on Capitol Hill?