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Daily Archives: May 15, 2013
“Art in 100% bubble today”
“The expense of art has gotten crazy,” said Michael Novogratz, Fortress principal & director, explaining how to spot a bubble in the market. Here is a direct link. As Novogratz explains the obvious Central Bank built bubble in the art … Continue reading
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Europe’s longest recession ever still spreading
As stocks strive to whistle past the grave yard yet another day, the US dollar and US bonds continue to attract liquidity focused, relative “safe haven” capital flows. Precious metals are not. Touching 83.90 today, the US dollar Index is … Continue reading
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