Author Archives: Danielle Park

Wary of US equities

It is our view the main risk to equity prices today is that they are over-valued relative to global growth and earnings prospects, and that is the case even before the US feels any government cuts slated for 2013. The … Continue reading

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Bad things must be allowed to fail

This clip starts with an update on the latest round of ineffective discussions in Europe this morning, and continues into a very refreshing discussion on the reason that the financial crisis has so far found no healing. Jon Moulton, chairman … Continue reading

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The mirage of liquidity in low volume markets

Our firm has been pointing out the escalating capital risk of low and declining volume in capital markets since 2009. This is not the way an organic bull market is supposed to move. A declining pool of legitimate buyers warns … Continue reading

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