Onward To Stock Market Nirvana... Or Not

"The faithless few might be troubled by the similarities of late January to the present, but the faithful have supreme confidence in the Fed, the tremendous bite of the FANGs and the all-powerful forces of greed and complacency - a marriage made in heaven!"

  • Jun 18, 2018 9:12 AM
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Weekend Reading: Merger Mania

"...cheap money and poorly designed executive compensation packages encourage corporate actions that may not be in the best interest of longer-term shareholders or the economy. "

  • Jun 15, 2018 4:45 PM
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Big Tech's Numbers Game Hides Many Sins

The art (not science) of financial engineeringcamouflaging a rise in leverage which boosts present and future earnings for the purpose of sustaining a bull equity runis most sought after when irrationality in capital markets is at its strongest.

  • Jun 14, 2018 5:05 PM
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