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Daily Archives: November 21, 2012
Bad things must be allowed to fail
This clip starts with an update on the latest round of ineffective discussions in Europe this morning, and continues into a very refreshing discussion on the reason that the financial crisis has so far found no healing. Jon Moulton, chairman … Continue reading
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The mirage of liquidity in low volume markets
Our firm has been pointing out the escalating capital risk of low and declining volume in capital markets since 2009. This is not the way an organic bull market is supposed to move. A declining pool of legitimate buyers warns … Continue reading
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Feldstein sees recession risk even with fiscal deal
Martin Feldstein, a professor of economics at Harvard University, talks about today’s speech by Federal Reserve Chairman Ben S. Bernanke, Fed monetary policy and the potential impact of the so-called fiscal cliff on the U.S. economy. Here is a direct … Continue reading
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