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“An explosive critique about the investment industry: provocative and well worth reading.”
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Greece edges toward truth once more
“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem”. –J. Paul Getty And when banks and other lenders have recklessly advanced 100’s of billions to book the appearance of … Continue reading
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TED: Why we need to rethink capitalism
Paul Tudor Jones II loves capitalism. It’s a system that has done him very well over the last few decades. Nonetheless, the hedge fund manager and philanthropist is concerned that a laser focus on profits is, as he puts it, … Continue reading
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Short-squeeze in oil prompts low volume loonie bid
On the ramp in crude since March, the Canadian dollar (FXC) has bounced nearly 5 cents against the greenback. But as highlighted (in red boxes) below, we have seen other 5-6 cent rallies in the past 3 years which proved … Continue reading
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