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Daily Archives: February 5, 2014
Hoffman: another battle lost
Addiction is a form of mental illness, and watching talented, decent people self-destruct and succumb to mental illness is very sad. PSH did a lengthy interview with 60 Minutes in 2006 discussing his early struggles with addiction here. Fortunately he … Continue reading
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Canadian financial sector: much needed correction gaining momentum
Canadian banks have been one of the most egregiously over-valued sectors on QE-hype the past couple of years. Their much overdue price correction is now gaining momentum. Sadly, Canadian investors have never been more overweight both in individual stocks and … Continue reading
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Burnham: Fed has created risks but not wealth
Terence Burnham, a finance professor at Chapman University, and author of the excellent book “Mean Markets and Lizard Brains” discusses banking risks, saying “The Fed’s instability is linked to both the emerging markets and Bank of America’s balance sheet.” Here … Continue reading
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