Mr. Market Gets It Wrong Again
Now do you want to hear some real bullishness? Crude has fallen so far, so fast, that we could see a snap-back rally drive it to $62 … $77 … heck, even $90 is possible! — Sean Brodrick, from How
The dysfunctional symbiosis between the two countries should be a familiar story by now: Americans consume more than they produce, the Chinese produce more than they consume. Americans are spendthrift, the Chinese are frugal. The Chinese make the stuff Americans buy. Americans run large trade deficits, while the Chinese have a large trade surplus. The Chinese manipulate the value of the Renminbi (the Yuan) to keep the imbalance going. The Chinese buy our debt but will not abandon the dollar…
Plus ca change, plus c’est le meme chose — an old saying And
2009:H2: [We have] a cyclical bull market as the economy stabilizes and OPEC maintains cuts to draw inventories to 10-year average levels. We are raising
But I think you also have to be impressed by the credulity of the people who invested and the desperation and almost the laziness—the lack of due diligence
Starting with the tulip bulb mania in the 1630s, bubble after speculative bubble has been erased from the popular memory: the South Sea bubble in the early
I think it would be a good idea — Mahatma Gandhi, when asked what he thought of Western Civilization Captain Renault: I’m shocked, shocked to find
[T]he decline of Rome was the natural and inevitable effect of immoderate greatness. Prosperity ripened the principle of decay; the causes of destruction
All that is human must retrograde if it does not advance. It is easier to deplore the fate, than to describe the actual condition, of Corsica The principal
Now do you want to hear some real bullishness? Crude has fallen so far, so fast, that we could see a snap-back rally drive it to $62 … $77 … heck, even $90 is possible! — Sean Brodrick, from How
We had to burn the village in order to save it —Vietnam War quote To be is to do —Socrates To do is to be —Jean-Paul Sartre Do be do be do… —Frank Sinatra The fur is flying on the climate