Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”
Daily Archives: June 12, 2013
“Student debt in the U.S. stands at a record high of $1.1 trillion– it now surpasses both auto and credit card debt. According to a study by Fidelity 70% of the class of 2013 is graduating with about $35,000 in … Continue reading
Emerging markets, even the new Asia tigers, have tumbled on expectations of higher US interest rates. James Mackintosh, investment editor, analyses the implications of hot money outflows for currencies and equities. Here is a direct video link.
Ho hum…every major asset market in the world is unfairly manipulated and rigged by a few at the expense of the many in our wild west financial system. Quite a cesspool on our hands. So much for efficient markets and … Continue reading
This is a rare brave call from a big firm strategist. He will not be loved at the office. State Street Bank & Trust’s Fred Goodwin discusses the likelihood of a global recession in 2014. Here is a direct link.
Well it has been 5 years since the banks were last begging at the taxpayer till…which historically means they are due back any day now for their next tranche of bailout. And since nothing at all has changed their risk-seeking-on-leverage … Continue reading
Gary Shilling, president of A. Gary Shilling & Co. and a Bloomberg View columnist, talks about Federal Reserve policy, the U.S. economy and bond market. Here is a direct link.