Daily Archives: July 22, 2013

Oaktree Capital’s Howard Marks on the importance of understanding and accepting that present conditions present a low return environment: “the market is not an accommodating machine,” it cannot just give us what we want or feel we need to earn … Continue reading →

While many individuals, cities, states and some countries, have repeatedly opted to extend and pretend the financial reckoning of too much spending and too little revenue over the past 6 years, Detroit has finally cried uncle. This will be a … Continue reading →