After more than 30 years in the markets, I’ve seen all kinds of new technologies that are supposed to change the world. Most are pumped by little-known companies with overly hyped marketing, aggressive underwriters, and little more than vaporware. To say I’m jaded would be an understatement.
It used to be that companies went public after achieving a modicum of success. There were business models, calculations, and plans, all based on real results and proven success.
If you’re like most folks, there’s a nagging fear at the edge of your brain that’s trying desperately to make sense of what’s happening each day the market drops further
Bernanke’s actions last week – failing to taper, yet still trying to maintain the illusion that QE is a good thing – are setting up a one-two punch that’s not unlike boxing champion Mohammed Ali’s famous “float like a butterfly, sting like a bee” approach.
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
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