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Daily Archives: December 5, 2017
Government largess to large corps ballooning public debt
The Irish economy collapsed in the 2008 recession and financial crisis, leading to a massive government bail-out of investment banks and highly levered corporations. The efforts shackled the taxpayers with generational debt that they have been laboring to repay amid … Continue reading
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Equity market valuation update
John Hussman’s monthly update is a must read this week. Just the facts folks, just the facts…See Navigating the speculative ID of Wall Street: The chart below presents an additional set of valuation measures that we find best correlated with actual … Continue reading
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