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Daily Archives: February 15, 2015
Truth getting out: “no acceleration in economic growth”
There is always something cathartic, when realism get some words in edgewise on financial-tainment. Steve Ricchiuto, Chief U.S. Economist at Mizuho Securities, managed to do it for a few moments on CNBC this week. “The deflation story is very, very critical … Continue reading
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The Myth of Black Swan market events
Excellent article in the NYT this weekend from Mark Spitznagel, founder and chief investment officer of Universa Investments. Spitznagel is elevated in both intelligence and wisdom– still a very rare combination in finance. First he offers a chart of the … Continue reading
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