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Daily Archives: June 6, 2014
Friday afternoon giggle: “stocks soar on US payrolls”
CNBC is running with this hopeful heading this aft: “US payrolls help boost stocks to records.” Oh is that what’s doing it?? Thanks for the insight! This chart offers a little perspective on all the reputed grounds for rejoicing about … Continue reading
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Belief in the magic of risk compounds saving deficits
A recent Pew report on the dilapidated condition of most public pension funds today, offers perspective on the trouble with highly manipulated, over-valued investment markets and unreasonable return assumptions. See: State Public Pension Investments shift over past 30 years. As … Continue reading
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Copper breaking bad
As materials, mining and metals have capitulated to a slowing growth climate the past 3 years, many commodities and related company shares have drifted back toward their 2009 lows. Copper has been a curious stand out. Though down 28% from … Continue reading
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