Archive - May 3, 2011 - Blog entry

My open letter to our Prime Minister...

Stock and credit markets closed weaker today as Europe came back to the party from their long weekend. Equities underperformed credit (beta-adjusted) and HY underperformed IG as we see the debt-equity relationship starting to wave caution flags and skew compression enabling some downside.

TOTUS Edition...

A reader wrote me complaining about the nonsensical bubble blowing in multi-family properties before the last bubble was even finished bursting. I feel his pain. Let’s run through a quick pictorial of how I see the macro climate for real estate as of right now…Everybody is getting squeezed, businesses, consumers, homeowners… Everybody!

The mobile computing field is growing by leaps and bounds bringing the more innovative along with it, while potential casualties are already limping across the battle field before the second round of ammunition has been fired.

We have 13mm tonnes of this stuff?

A handy aid for keeping track...

The departure of several senior pension fund managers marks the tension at public pension funds over pay, as schemes struggle to retain their best talent...

The bubble talk is getting insane, be sure to take advantage of this scepticism!