Daily Archives: August 2, 2010

One of the hardest things for shallow-thinkers to grasp is that price in asset markets is not the only metric of import. As David Rosenberg says, most mainstream commentators (CNBC hosts) and investors “live only in the moment”. Sadly that … Continue reading →

Excellent interview clip with famed money manager Felix Zulauf. His career journey was incredibly similar to my own it turns out: learned what not to do with money by working at large institutions, realized the conventional wisdom about portfolio management … Continue reading →

Stocks are feeling wildly optimistic this morning. The ISM reported its manufacturing gauge fell to 55.5 in July from 56.2 in June, but that came in 1.5 better than the 54 level that economists had expected. The trend is clearly … Continue reading →