Today’s most shared: Fed pressed JPMorgan hard on warehouses… US probe of China princeling hiring/bribery expands… IMF says there will be haircuts (a prospect which will do little to discourage the next run on sovereign debt)… Marks: The race to … Read more
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I am something of a heretic in the investment world, and many people believe that I am wrong. I think that, for most people, it is a complete waste of time to try to outperform the market. I even write … Read more
2 CommentsToday’s most shared: Daily gold volume surge during London fixing suggests meeting participants trade ahead of benchmark release… Nanex, the scourge of the high-frequency trader… Pope critiques “ideologies which defend the absolute autonomy of the marketplace and financial speculation”… Home … Read more
Leave a CommentIn Argentina’s stock market, investment decisions are based mainly on the behavior of the US dollar/Argentine peso exchange rate. Since 2011, Argentina’s government has introduced several measures that have made this possible. As an introductory note, Argentina’s economic history has … Read more
Leave a CommentToday’s most shared: Fed moots possible cut in interest on excess reserves, banks threaten to raise fees … A new tech bubble as stocks soar, bears capitulate, Bay area riches mount? … Money is the reason Bloomberg is restructuring news, … Read more
Leave a CommentToday’s most shared: What is the CAPE telling us? … Bailout turns a profit… Rethinking macroeconomics… Struggle for Bitcoin’s soul: regulated and legitimate, or underground pirate booty? … Yahoo’s turnaround 75% Alibaba, 25% Marissa? … Remembering JFK. Economist Robert Shiller … Read more
Leave a CommentToday’s most shared: Asset bubble anxiety… Negative interest rates for Europe? … Taper on the table at next FOMC meetings… Portugal’s bailout exit maybe not as clean as Ireland’s… Era of mounting FX reserves (ie weak currency) over in China? … Read more
Leave a CommentToday’s most shared: JPMorgan’s $13b settlement dissected… Shorts see big opportunities after big down years… Secular stagnation, world Japanification, liquidity traps, bubbles, and changes in corporate behavior… Bloomberg News restructuring tilts away from news chief Matt Winkler, toward selling terminals … Read more
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