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I’m glad this guy is back in the media. Such a simple message that so few in the mainstream seem to able to grasp. I love this quote in reference to the market meltdown of last week: “When a bridge collapses, you don’t look at the last truck that was on it, you look [...] Nassim Nichloas Taleb has been on a self-imposed media hiatus for a year until he recently broke his silence on CNBC. After the interview I wouldn’t be surprised to see him take another year off. If you are going to have Taleb on at least put him with someone who has a clue, not [...] If you don’t already, do yourself a favor and read the Monthly Market Observations at the Contrary Investor.com released on the first business day of the month. In their March issue a few months ago, they explored the relationship between the S&P500 and it’s 50 day moving average. As shown above, during [...] It was as if the April non-farm payrolls report went completely unnoticed on Friday as volatility in global financial markets continued to take center stage. In case you missed it, the headline nfp number showed a net 290,000 jobs were added in the month of April. This was ahead of expectations, and even [...] As I alluded after BGL’s 1H10 results, the company’s full year forecast looked a tad conversative. Today BGL came out with a upgrade to FY10 EBITDA guidance. Previously the company said they expected to come in at the top end of the $2.5 – $2.8m EBITDA range. Today the company announced they expect [...] Jim Chanos of Kynikos Associates guest hosted CNBC’s squawk box this morning and was once again vocal about the looming Chinese property bubble. He had an interesting anecdote, which I could not verify on any mainstream news sources, that a certain large property developer in China started offering a hefty 15% discount on it’s [...] Click here for the interview Marc Faber appeared on Bloomberg television on Monday talking about Greece, China commodities and much more. As usual, he is provocative, interesting and more importantly makes a lot of sense. Since the bull market began in March 2009, there has yet to be a correction of 10% or more in the S&P500. We nearly got there back in January with a little more than an 8% correction but that elusive 10%+ correction has yet to materialize. Looking at previous rallies off steep bear [...] |
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