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Daily Archives: July 26, 2012
David Stockman on protecting capital from the next global margin call
For those that have an attention span longer than 30 seconds, this 30 minute discussion is worth watching. Former Reagan Budget Director David Stockman offers plain talk and valuable historical perspective on how and why the world arrived where we … Continue reading
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Dow CEO sees weak second half as global demand heads down
Andrew Liveris, chief executive officer of Dow Chemical Co., talks about the largest U.S. chemical company’s second-quarter earnings and sales released today. Net income declined to $734 million, or 55 cents a share, from $1.07 billion, or 84 cents, a … Continue reading
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Draghi talking tough, carrying a little stick
More big promises out of the EU central bank this morning have the risk trade soaring once again. Bullshit so far continuing to baffle brains and ignore math. It reminds us of how poor present plans are, when so many … Continue reading
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