If you’re getting the sense that stocks always go up, that’s because they’ve been doing so for a really, really long time. From CNBC today:
It’s the same story every time: Imbalances build up during a recovery but most investors ignore them because good times have become the new normal
One by one the pillars of the recovery are toppling. Last year the Chinese infrastructure party ended and the shale oil boom went bust. More
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens
Wal-Mart just announced flat year-over-year sales, causing its shares to fall by 9% and wiping $20 billion from its market cap. Which would be unremarkable
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to
Another day, another “unexpectedly” bad economic report. Lately it seems like a lot of what US government statisticians say comes as an unpleasant surprise for
While the rest of the world is slowing down and in some cases dropping into actual deflation (see here and here, respectively) the US has,
2013 was a year in which lots of imbalances built up but none blew up. The US and Japan continued to monetize their debt, in
Running a pension fund used to be one of the easier jobs in finance. The money came in steadily and predictably from member contributions, and
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