Daily Archives: June 2, 2012

Pimcos El-Erian on synchronous global slowdown

PIMCO’s Mohamed El-Erian talks about the May jobs report the global economy and the “fiscal cliff.” Here is a direct link.

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The math of loss

A client sent me this cartoon.  Funny.  But also very common to hear this kind of nonsense math from many financial types and “stock-pickers”.  When they talk confidently enough… some people actually seem to believe them.

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