high finance and low

(1 comment)
May 4, 2002

Guestbook Update of the Moment
Justin, my friend Maxim Weinstein says check out practicallynetworked.com, there are some of those LAN/WAN routers that deal with dialup, possibly the Netgear.

Mark T! Damn, that's a bit cold! But of course, what is a 'blog but a cry for attention. Ah well. Wouldn't mind hearing more about what your perceptions of me are. I mean, even my blog and loveblender publicity efforts are pretty muted, and it's not like that quote is dismissing the value of doing something that other people might admire or find interesting or useful...

News, Graph, and Link of the Moment
So, yesterday was a bummer, in that the unemployment numbers for April were higher than expected, and that took a toll on the markets. I did a little bit of googling, and found the following interesting chart:

That's the unemployment rate since 1970. (You can see some other views where I made this chart, at this economagic page) So in a larger view, we're not doing all that poorly at the moment, though obviously it's not as good as during the Clinton years (ok, ok, possibly a coincidence...though Republican first terms seem to be a bit of a bummer!) I wouldn't mind seeing some longer term data, like for the 50s and 60s as well.

It's weird how worried people get about the day to day flux of the stockmarkets. Sure more of us stand to lose money when the markets are failing, and in general they're a bellwether of the economy (or is it the other way around?) but still, it can't be that healthy for so many people to be paying such attention, such odd despair and elation. Anyway, if you have that particular monkey on your back, I'd recommend feeding it at finance.yahoo.com, which if you think about it basically gives you a very blog-like view of the days happenings, updated multiple times over a single session.

Quote of the Moment
"When a pharaoh died, I bet the servants tried all sorts of tricks to make people think he was just sleeping, because of the tradition of burying the servants alive with the pharaoh to serve him in the afterlife. Kind of a whole 'Weekend at Tut's' thing."
--George MacMillan via Kim on a.f.c-a.