Here are some more financial blogs that seem good:

• The Aleph Blog - Investment strategies and advice (seems pretty US-centric)
• The Epicurean Deal Maker - Sarchastic, sardonic and humerous insight into Wall Street
• Going Private - The Sardonic Memoirs of a Private Equity Professional - This is an absolutely hilarious blog about the world of Private Equity. Excellent!
• A Fist-full of Euros - An interesting blog focusing on European finance/economics/politics.

This past week has been facinating in the financial markets. After a long slide downwards, the markets tumbled at the beginning of the week, and now they are bouncing back upwards.
Initially the market dive looked like it was triggered by worries over the problems with the Monoline Insurers.
The Fed responded by cutting interest rates by 75 basis points on Wednesday. This seemed to have little effect with various indices falling even further. It did however seem to have a dramatic effect on the probability that the US will go into recession.
On Thursday we found out that Societe Generale lost $7 Bln from trader fraud (leading the market wags to dub it “Shock Gen”. This seemed to have little negative impact on the markets with the indices all shooting upwards. They are all up today, albeit not as much as yesterday. It looks like the momentum is leaving the bounce.

So could the massive falls be attributed to Soc Gen selling out of their positions and realizing their losses? Can some of the market euphoria be attributed to proposed monoline bail-out?

I guess we’ll see how next week develops!

Here are some financial blogs I like:

• Robert Peston at the BBC
• AlphaVille from the FT
• Calculated Risk
• Econbrowser

I’m getting more and more information from blogs and forums these days, so I want to try and get as many diverse and informative sources as I can.

The Redshift theory basically categorizes computing needs as either growing faster or slower than Moore’s Law. Traditional business is over-served by Moore’s Law, whereas applications such as financial market simulations, drug industry research, computer animation, and the high-growth end of the internet industry (Facebook, You-Tube, Flickr), are needing computing resources faster than Moore’s Law. These industries are apparently the ones going to generate above-GDP levels of return to an investor.

This theory was advanced by Greg Papadopoulos of Sun Microsystems. One of Sun’s solutions for servicing the computing needs of “Redshifting” companies is Project Blackbox - providing as much computing power as possible inside a shipping container.

I found a bunch of interesting podcasts while googling around tonight. The podcasts seem to be mostly about internet-based business models.