Mike Mayo, MD & financial analyst at CLSA, shares his critical views on the current state of finance industry.
Follow
____________________________
Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
____________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
[email-subscribers-form id="1"]
This Month
Archives
Log In
Will be interesting to see what happens with Jon Corzine and the MF Global scandal…..it is just small enough that the insiders may get hung out to dry while the big players have no chance of facing justice.
“Everybody knows that the dice are loaded
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor, the rich get rich
That’s how it goes
Everybody knows
Everybody knows that the boat is leaking
Everybody knows that the captain lied
Everybody got this broken feeling
Like their father or their dog just died”…..Leonard Cohen
Non Farm Payrolls Number: An Early Christmas ‘Goose’ Stuffed with Baloney
http://jessescrossroadscafe.blogspot.com/2011/11/non-farm-payrolls-number-early.html
G-20: All Hat, No Cattle
http://market-ticker.org/akcs-www?post=197021
They found it…amazing!
http://jessescrossroadscafe.blogspot.com/2011/11/mf-global-658-million-in-missing.html