Cory's Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”
Author Archives: Danielle Park
For all the hype and hope chorus of “global growth getting stronger any day now”, so far Q1 earnings and revenue numbers are f’ugly, with 1/3rd of S&P companies missing earnings targets (even though they had aggressively guided expectations lower … Continue reading
Goal Zero started as a penniless nonprofit, but it’s now the ninth fastest growing company in America. Here is a direct video link.
As financial markets race up and down on the rudderless barrage of high frequency robots again this week, an excellent article from Germany’s DER SPIEGEL offers a thoughtful update on the erroneous and now eroding belief that central banks are … Continue reading
In an expensive big media world paid for by sponsors, getting important issues covered in a balanced and thoughtful way is not easy. Some argue that today’s media-drenched, distracted public has no appetite or patience for detailed, weighty discussions…but is … Continue reading
Good discussion on the many ways in which high frequency trading firms collude with brokers, exchanges and data services to “queer the market casino in their favour”. And no, its not just in the US stock markets…we see daily evidence … Continue reading
Antonio Vivaldi’s “Summer” is the setting for a musical competition. Salut Salon stage an acrobatic fight with a lot of humor – a classic of the Hamburg quartet. Here is a direct video link.
When this ridiculous stock market implodes once more, strategists will be scampering to explain how some unexpected event caused losses that “no one could predict.” That of course will be just as false then as it was in 2000 and … Continue reading
If I had a fresh veg-smoothie for every “guru” I have heard hyperbolising about China and its “insatiable” demand for commodities and resources the past 8 years, I would be well nourished for the rest of my life. Hopelessly unrealistic … Continue reading
Thanks to a regular reader in the Netherlands who sent me this link tonight. It is worth watching. Now Senator Elizabeth Warren–then a commercial/bankruptcy professor at Harvard Law School–gave this lecture in 2007 on the trends behind rising bankruptcy and … Continue reading
Matt Taibbi talking about his book The Divide: American Injustice in the Age of the Wealth Gap on Real Time with Bill Maher. Here is a direct video link. Sensitive readers beware: the clip includes some profane language.
Bloomberg’s Bob Ivry describes how Wall Street’s practices can be adapted to the seven deadly sins and how they impacted markets and the United States economy. Here is a direct video link. The downfall of regular people, democracy and the … Continue reading
Alas scorpion investment bankers continue to sting and incapacitate the global economy because even as they relentlessly jab and cripple the host, governments and policy makers have repeatedly backstopped and saved them from their deserved demise.
Christopher Whalen, author of “Inflated,” discusses the Federal Reserve’s distorting impact on the housing market. Here is a direct video link.
I caught this segment last night and it blew my mind. Imagine the ramifications of this tool. As covered this month on Frontline the US prison population alone has grown 800% in the past 30 years; nearly half of the … Continue reading
According to research, 57 percent of drivers admit to texting while driving. This month Verizon Wireless has launched a campaign to raise awareness and encourage the public to take precautions to stay safe behind the wheel and to help spread … Continue reading