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Daily Archives: November 18, 2010
Sage, historical perspective is rare and valuable
I have been professionally following and analysing world markets for the past 15 years. In retrospect I had no idea what I was signing up for when I started into this work. Fresh from studies of the Efficient Market Hypothesis, … Continue reading
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Bond defaults and then write-downs are inevitable part of deleveraging needed
Manic moves in world markets continue today with euphoria this morning (so far at least) on news that Ireland may be accepting a bail out offer from the IMF and EU. The bailout comes with a lot of strings but … Continue reading
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