Monthly Archives: June 2012

We have been writing about the anatomy of secular bear markets for the past 10 years. They are a much different beast than a secular bull as shown in the chart below. The Italian stock market is retesting the same … Continue reading →

A reader sent me this clip and I think it is refreshingly honest about the state of the world’s current problems. For all the academic dissertations, and political posturing, the problem is remarkably simple: too much debt, can’t be paid … Continue reading →

Billionaire investor George Soros speaks about Europe’s sovereign-debt crisis. Soros called on Europe to start a fund to buy Italian and Spanish bonds, warning that a failure by leaders meeting this week to produce drastic measures could spell the demise … Continue reading →