Goodbye to all that
“Funny how bonds were labelled “certificates of confiscation” back in the early 1980’s when yields were 14%. What should we call them now ?”…
Unsafe at any price
“Everyone is bullish. Contrarians know that must be bearish. However, everyone has been bullish for a while, yet the S&P 500 rose to a…
On billionaire altruist lunatics..
Facts do not cease to exist because they are ignored. – Aldous Huxley. There was once a time, perhaps, when unprecedented things happened…
Benjamin Graham or John Maynard Keynes ?
“In journalism and blogging, a listicle is a short-form of writing that uses a list as its thematic structure, but is fleshed out with…
Analysts admit outlook ‘uncertain’ after sun disappears
“March 17 – Bloomberg (Kelly Bit): “Ray Dalio, founder of the world’s largest hedge fund firm, Bridgewater Associates, told investors there’s a risk that…
I Am Blind
“Marketing is what you do when your product is no good.” – Edwin Land. Rosser Reeves was one of the most celebrated American…
Greater fool theory
“Mr Draghi announced this week that the ECB would not buy bonds yielding less than minus 0.2 percent..” – Ralph Atkins for the Financial…
New high! (Zzz.)
“The FTSE 100 has at last topped the record it set at the close of 1999. Should Britons celebrate ? Probably not.” – John…
When?
“We are all at a wonderful ball where the champagne sparkles in every glass and soft laughter falls upon the summer air. We know,…
A matter of trust
“Popping down to #guardiancoffee later on to order a ‘Toynbee’: short, rich and intensely bitter.” – Tweet from Robbie Collin (chief film critic, The…