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Monthly Archives: July 2011
Hubris bites Paulson: “Our bets were too aggressive.”
“A humbled John Paulson told investors on Thursday he was “too aggressive” with some of the stock bets in his flagship funds and he is trimming back some of his riskiest holdings. The hedge fund manager told clients in a … Continue reading
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A loonie named Icarus
Here are just a couple of reasons we believe that the recent spike in the C$ is temporary and our current expectation is for C$ reversion to levels between 91-85 area. Worldwide austerity due to over consumed debt-laden countries will … Continue reading
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Horse maneur of the finest vintage
US Republican politicians continue to assert that the American people will not accept an increase in taxes to help pay down the national debt. They are spreading this maneur to protect a select few. Repeated polls attest no evidence of … Continue reading
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