In Michael Lewis' new book, "Flash Boys"
, there's this quote from the HBO series The Wire at the front of the book. The quote is from the Omar Little, the character who steals from drug dealers: "A man got to have a code."
Here's the line from The Wire - Detective William 'Bunk' Moreland actually says a version of the line to Omar earlier in the show:
I like Twitter's stock long term. I hope it goes lower so I can buy some shares. The hate is growing strong in the stock, but they'll figure it out and be around for a long time and or get bought out by the likes of Apple or Google. And when a country (Turkey) tries to block its use, it only makes people want to use it more.
Twitter is everywhere you look on TV, whether that's the Oscars
or the NCCA basketball tournament. News anchors and pundits are always referring to a Tweet by someone or talking about what's
Well, maybe not 17K reasons, but how about 17 reasons the stock market might be near a top.
And yes, I get it that you can't really call a stock market top. And yeah, I get it that when you have bloggers, websites or financial pundits saying there's a stock market top then the top's probably not in yet.
Still though, it's interesting to look at some of the crazy things that are starting to happen in the stock market. Is this irrational exuberance? Of course not. Is this the dot com bubble? Of course not. But the stock
That's quite a look from Trish Regan. Yes, I'll do whatever you say.
Bloomberg's Regan wonders if the easy money has been going on for too long....she says, "Financial engineering is not always a good thing. The Fed needs to play hard to get."
I like Leonardo DiCaprio's facial expression when McConaughey starts doing the humming and the chest thumping. I'm guessing there are a lot of young traders on Wall Street watching this clip over and over, right. Actually, I'm guessing there quite a few traders of all ages watching this clip and the entire The Wolf on Wall Street movie over and over.
Where does Matthew McConaughey's chant or humming come from?
Before certain scenes in the film, and his other films, McConaughey does this to relax. After five takes of that particular scene, Scorsese was ready to
Federal Reserve Chair Janet Yellen: “There are a lot of kids who are shacking up with their families,” she said to ABC’s Rebecca Jarvis. Is this the first time a Federal Reserve chair has used the phrase, "shaking up" when describing kids still living with their parents....probably.
On Chris Hayes' show last night they talked about Wall Street bonuses and the desire for FU money - enough money where you can go around and tell people to F*CK OFF without any consequences. I like how Chris Hayes laughs at this a bit and acknowledges how this might be something everyone wants maybe just for a little while...but realizes how absurd this is too.
"The total amount of bonuses paid to Wall Street workers was $11 billion more than the total amount made by all full time minimum wage workers in 2013."
Goldman Sachs takes a shot at the man behind the Goldman Sachs elevator Twitter account - his book deal was canceled by Simon and Schuster.
If there's a big event on TV, whether it's the SuperBowl or the Oscars, you can be sure everyone's watching the event along with Twitter.
As a matter of fact, if you're watching TV at all you're watching it with Twitter. People aren't firing up their Facebook accounts as they watch Breaking Bad or Scandal on TV, while they may check it or glance at it, they're engaged much more and active on Twitter. Just take a look at this spike in Twitter traffic when the Oscars started. Twitter will figure out ways to make money from all this traffic.
Bloomberg's Stephanie Ruhle
talking about her time working on Wall Street. At about the 4 minute mark of the video below she says this.
"I wanted to do it because Wall Street is a war every single day. It's a battle. It's the nature of the business. And I'm a beast. And I like that."
Yeah, it's hard not to love Stephanie Ruhle. One of her skills, at least to me, is the way she's can sort of spit slang and also nail the more complex details of the stock market. It's no surprise she's taken over Bloomberg televsion. She's funny.