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The sheer magnitude of yesterday’s stock market surge makes for interesting reading when put in historical context. This post provides some interesting data and charts, and concludes with the question: “Have we seen the bear’s corpse?” [...] More on this topic (What's this?) Ratio Analysis: $DAX/European Financial Index Going Parabolic? (Money Morning, 1/24/12) Hiring Surges in Pimps, Prostitutes and Drug Dealers (Wealth Daily, 2/4/12) The Great Minds of the Market: Charles Dow (Investment U, 1/23/12)
In July this year Jeremy Grantham said: “Don’t be brave, run away. Live to fight another day.” Although his warnings go back a number of years, Grantham was eventually right. His latest views on the fallout from the financial crisis, as reported in a Barron’s interview, makes for interesting reading. [...] | ||||||||||||||||||
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