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Daily Archives: November 27, 2013
Bulls party like it’s 2007 as earnings growth quietly evaporates
Further to my Relentless rally chasing bears to near extinction, comes this big picture chart showing today’s equity bulls over bears spread back where it was at the last deluded market peak in 2007. See also this good overview of … Continue reading
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Time for new capitalism?
Digging into some of the rules of “progressive capitalism,” with Cambridge University Chancellor Lord David Sainsbury. He discusses whether he expects pushback on the push for reform. Here is a direct video link. Pope Francis has also recently targeted capitalism … Continue reading
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Relentless rally chasing bears to near extinction
David Rosenberg turned bullish in the past year as his firm searches for a buyer now that assets under admin have recovered from their 2008 losses (also see: David Rosenberg turns bullish, earns $3.1m). Hugh Hendry capitulated last week and … Continue reading
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