Can Turtles Fly?

Computer Industry Pioneer... Consumer Electronics Industry Pioneer... One of a Kind... Image Source: Esquire (Diana Walker/Time Life Pictures/Getty Images) Harishragunathan's Blog (photographer unknown) Dribble.com ("Goodbye" by Robert Padbury. Oct 5 2011) Technoedge.com arvino's posterous Blog (photographer unknown. Jan 3 2010) Edible Apple blog (April 20, 2009) Cult of Mac Apple

Americans Protest Against Wall Street (Image sources: Reuters , The Atlantic , Davids Camera Craft , adbusters , wikipedia.org ) I don't support the protests (although I understand their frustration with crony capitalism, including some questionable actions unfolding in Europe) but this could turn out to be a pivotal moment in American history. Although the protests are small, serious protests against Wall Street probably hasn't occurred since the 1930's (there have been many protests against WTO, IMF, UN, police departments, Federal government, Federal Reserve Bank and other similar bodies but not specifically against Wall Street banks in the recent past—someone correct me if I'm wrong because my knowledge of historical American protests is weak). If the youth lose faith in the system, change is certain. It's also interesting to me that the two protest movements, the current Wall Street protest and the Tea Party movement, started mainly due to dissatisfa...

Impact of the Recession on USA (click for larger image) (source: Graphic by Amanda Buck. " How the Recession Changed Us ," The Atlantic. January/February 2011.)

Emergence of Eastern Cities (source: " Urban economic clout moves east ," Richard Dobbs, Jaana Remes, and Sven Smit,  McKinsey Global Institute. March 2011.) Projections to 2025...who knows how the future will turn out. It'll be interesting to see how correct this is in 20 years.

(source: Graphic from certificate for Zweig Total Return Fund Inc. Downloaded from Scripophily.com )

Given the drastic changes in bond yields of late, I thought I would update the charts I produced a few years ago showing bond yields during three major deflationary busts. It's almost as if we had gone full-circle over the last two years. The present yield (as of end of August, 2011) on the 10 year US Treasury is lower than what it was back in 2008! You may want to read the original post I wrote to get more details about the following charts and the source of the data (the original post also has a few more charts I didn't update). American Bond Yields in the 2000's The following chart shows the bond yield of the 10 year US Treasury, up to the end of August of 2011.

( Cartoon by Christopher Weyant for The New Yorker . October 13, 2008 )