The acronym WILT is an abbreviation for "What Is Lars Thinking."

As Lars Toomre writes this post on August 23, 2019, the S&P 500 index has a value of 2874. It is slightly after noon EDT. Lars is posting this to record that he thinks the index will close below 2845 on the day.

Numerous people have been asking Lars Toomre what he thinks the rate change news will be after the Friday morning speech by Federal Reserve chairman Jerome Powell.

While traveling it often is fun to discover what some in the local community are up to. Imagine Lars Toomre's surprise to discover that the Jackson Hole Blockchain Meetup group is going to be holding an informal get together at a hotel just off Jackson Square at 5 PM in Jackson, Wyoming on Wednesday August 21st 2019.

This week no doubt will be full of much debate on a number of macro economic topics.

Lars Toomre has personally said the recession started around April 1st. The transportation sector would say it started about eight months ago. The ADP small business payroll numbers suggest SMEs are bleeding jobs that the government statistics are not yet picking up. Germany and Italy are definitely in recession and there is considerable question about whether the rest of Europe is as well.

Lars Toomre, the Managing Partner of Brass Rat Capital LLC, was one of the attendees at this year's MIT Chief Data Officer Information Quality symposium.  It was a very well attended event and it was clear that the event had outgrown the space available at the MIT Sloan School, which in the scheme of things is excellent news. 

The Object Management Group ("OMG") Federated Enterprise Risk Management ("FERM") Working Group ("WG") (collectively "FERM WG") primarily focuses on the "Enterprise Risk Management" ("ERM") data definition needs of large entities (like large financial institutions, countries, geographic regions, states and/or bigger cities, and the service organizations that provide government services). <

On June 4th 2019, the Acting Director, Mr. Russell T. Vought, of the Office of Management & Budget ("OMB") issued a memo entitled Federal Data Strategy - A Framework for Consistency. The proposed Federal Data Strategy sets forty (40) finalized practices in addition to the ten (10) principles as well as the mission statement identified in October 2018.

May 17th 2019 shall be historic in CT Gold Coast real estate. 282 Round Hill Road in Greenwich traded at "auction" today. It was the first luxury real estate auction that anyone can remember in Greenwich.

The good news is that the auction process worked. The real estate did trade at the seller's reserve price of $1.8mm. The bad news is that is that it did trade at the minimum.