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Cory’s Chart Corner
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Eventually excessive greed bites people in the ass!
Mars FX Hedge Fund Goes Bankrupt.
$600 Million Missing,
Criminal Investigation, and Hedge Funds Want Even Less Oversight???
“…Tutera, 70, who was swindled in the GPB Capital fraud several years ago, has now sworn off hedge funds and private equity. “I’m really fed up with
Monthly Archives: August 2019
The vicious cycle of inflated asset prices and low yields
Funny thing about low and negative yields on savings…they make people save more and spend less, which slows the economy, which makes central banks try to lower rates more, which makes people need to save more and spend less…which slows … Continue reading
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The unsustainable cost of unaffordable housing
Food banks started in the late 1960’s as a stop-gap charity to help poor people make ends meet and get through periods of unemployment. As wage gains stagnated over the last 30 years, debt levels rose and food bank use … Continue reading
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Eisman still short Canadian banks
Canadian banks are doubling down on commercial loans as defaults rise, the economy slows and a flat yield curve is hurting profits. Accelerating loan growth at the end of credit cycles typically ends badly for the lenders. Steve Eisman, portfolio … Continue reading
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