Follow
____________________________
Daily Archives: April 8, 2020
Big picture perspective on bear markets with recessions
As shown below, the 23% rebound in equity prices since March 23 has returned the S&P 500 to a short-list of the least attractive valuations in history at 19x forward earnings estimates, and equal to the market top on February … Continue reading
Posted in Main Page
Comments Off on Big picture perspective on bear markets with recessions
Wuhan warns of the slow and bumpy road to recovery
Wuhan was the epicentre of the COVID-19 shock and it offers the rest of us a glimpse of the ongoing psychological and economic challenges that persist after the initial outbreak. China ended the 76-day lockdown on Wuhan with a light … Continue reading
Posted in Main Page
Comments Off on Wuhan warns of the slow and bumpy road to recovery
Deutsche Bank, Donald Trump, and an Epic Trail of Destruction
Deutsche Bank has long been a criminal franchise. But it is also emblematic of a financial sector that has generally run amuck, globally. Allowing our financial infrastructure to be ruled and directed by lawless greed has undermined stability and our … Continue reading
Posted in Main Page
Comments Off on Deutsche Bank, Donald Trump, and an Epic Trail of Destruction
;
