Category Archives: Main Page

Stock ‘bloodbath’? LOL

With the media hyperbolizing the recent market “bloodbath”, it’s good to have a sense of humor and a sense of history. This morning the usual ‘long-always’ financial types–who never, ever talk about investors taking advantage of selling opportunities when prices … Continue reading →

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“Free lunch” in asset markets to end with heavy cost

Apart from some more of the usual nonsense in this discussion about ‘certainty’, the historical context on Japan (who was the last, late, great export leader of the 1980’s consumption boom, similar to what China was in the most recent … Continue reading →

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China downturn weighs on highly levered world

The weakest Chinese manufacturing data since the global financial crisis accelerated a selloff in riskier assets, sending emerging-market stocks to the worst week in two years. Investors sought safety in the yen. Here is a direct video link.

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