Monthly Archives: July 2014

Waiting for the inevitable mean reversion of this epic Fed-led speculative episode can feel tedious (if we let it). Seeing familiar false prophets (who have already been revealed as unworthy leaders several times over the past 15 years), paraded like … Continue reading →

Alex Brummer, author of “Bad Banks: Greed, Incompetence and the Next Global Crisis”, says the much-needed change of culture in the banking sector hasn’t happened. Here is a direct video link.

Yes Virginia, don’t let the salesmen assure you otherwise, we have a massive equity bubble on our hands today. Govern your savings accordingly. See John Hussman’s excellent weekly: Yes, this is an equity bubble, for some simple facts on today’s … Continue reading →