4/29/13: Market memory and regulatory memory

Posted on Apr 29, 2013

Bob Dorsey: Good morning, Bill. Do I understand you’ve been reading the New York Times this weekend? Bill Rayburn: I have, and there’s a fascinating article about how we forget. About “too big to fail,” and about curing banks that are believed to be too big to fail. Let’s talk about how long we remember bad events, good events … we’ve been through a big crash in ’07, ’08, ’09, and really it continues today in housing. We haven’t come back...

4/22/13: Economic storms and what we can learn from data

Posted on Apr 22, 2013

Rayburn: Let’s talk about economic storms and learning from data. Talk to us about Big Data as we discuss where we go from here. Dorsey: It’s very trendy right now to talk about Big Data. Rayburn: What is Big Data, by the way? Dorsey: There’s so much data being collected that you can interpret what’s going on from the mass of data. You can eke out what’s going on using various statistical tools that otherwise wasn’t obvious. Rayburn: Instead of...

4/15/13: What is the long-term housing trend?

Posted on Apr 15, 2013

Bill Rayburn: I’m at the MBA Fraud and Tech Conference. For us, the emphasis is on Tech. There are some new developments in tech, and in housing prices. Talk to us about what we see in housing. Bob Dorsey: There’s an article in the New York Times this weekend by Robert Shiller. He’s getting ready to release the second edition of his book Irrational Exuberance. He’s updated his long-term housing-price theories and talks about the fact that housing, on a...

4/8/13: Five things economists should learn from the housing crisis

Posted on Apr 8, 2013

In today’s episode of FNC Morning View, Bill and Bob discuss Olivier Blanchard’s five lessons for economists from the financial crisis. Bob Dorsey: In the Wall Street Journal, they’ve posted a blog. Olivier Blanchard, the chief economist of the IMF, was giving a talk at the London School of Economics and basically identified five things he felt economists should learn from the financial crisis. Bill Rayburn: I like the first one the best. Dorsey: He...

4/1/13: Is the economy an April Fools’ joke?

Posted on Apr 1, 2013

Bill Rayburn: Can you think of some good April Fools’ jokes or things to do? One of the things people do is put something on the phone receiver and call you, and when you put it to your ear… Bob Dorsey: There are some worse ones out there. Rayburn: When you were a kid, you undid the salt shaker in a restaurant. Having said all that, there are some April Fools’ jokes in the markets. Dorsey: Speaking of April Fools’, there was a really good editorial by...