Can A Company Be Great And A Great Short?
One of the fascinating things about financial bubbles is how they transform great companies into screaming short sale candidates. Put another way, bear markets tend
One of the fascinating things about financial bubbles is how they transform great companies into screaming short sale candidates. Put another way, bear markets tend
After today’s market close there was a flurry of earnings announcements, some of which were way low. Not bad, mind you. In fact they were
For short sellers, the pickings aren’t quite as obvious as they were in 2006. But they’re still pretty good. Muni bonds, for instance, are a
Here’s a piece on municipal bonds by Rich Bookstaber, an SEC adviser and author of Demon of Our Own Design, a well-received book on derivatives.
Signs of a top are accumulating. Here’s survey of the market’s happy mood from Wednesday’s Financial Times (love the first line): Irrational equanimity is back.
Looks like the past year’s borrowing and printing are finally paying off. Junk bonds are setting records and emerging stock markets are booming. See this
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