The primary purpose of “safe havens” for “big money” is to preserve capital in realtively low-risk, highly liquid markets. There are few markets that offer both.
Experienced investors try to avoid the “confirmation bias” trap by asking what su…
The primary purpose of “safe havens” for “big money” is to preserve capital in realtively low-risk, highly liquid markets. There are few markets that offer both.
Experienced investors try to avoid the “confirmation bias” trap by asking what su…
Peak Oil and Peak Credit do not exist in a vacuum; they’re why we have Peak GDP, Peak Dow and Peak Income.
You don’t get Peak Oil and cheap abundance in everything else: you get Peak X, Y and Z, for example Peak Oil, Peak Dow and Peak GDP. Peaks …
And the strong to seem to get more
While the weak ones slave
Empty pockets don’t ever make the grade
Mama may have, and Papa may have
But God bless the child that’s got his own
That’s got his own.”
We can thank the late, great Billie Holiday for those lyrics. And we can thank our higher education system for giving “the child that don’t his own”a chance to get some.
Some debt, that is.
Students, many of them adults looking to gain new skills, are being systematically ripped off and enslaved by schools and lenders, blinding them with hope about what a higher education can do for them while bilking them for billions in the process.
It’s a dirty game, and a big one at that. You probably know, because you probably owe.
But wait.
First, let me offer some insights on the market before I get to my indictments…
So far, so good…as far as earnings season, that is. Three quarters of companies reporting, so far, have beaten Street expectations. And 81% have offered up better than expected revenue forecasts for the future.
So… why all the doom and gloom?
I realize it feels very much like the first one never ended (Great Recessions are like that folks). But Nouriel Roubini, my friend and former boss, has just issued the Roubini Global Economics 2012 Outlook, and it’s ugly.
Roubini, along with …
Bloomberg
U.S. Growth Decoupling From Bonds Means Lower Yields to JPMorgan
December 11, 2011, 7:26 PM EST
By Daniel Kruger and Liz Capo McCormick
Dec. 12 (Bloomberg) — The strengthening U.S. economy is proving no deterrent to the biggest rally in …