Mr. Market’s Hissy Fit May Be Over….For Now
Puzzling out the markets have changed, and not changed, since the crisis.
Read more...Category Archives: Investment outlook
Hubert Horan’s Quick Take on Uber’s Second Quarter Results
Uber’s latest financial report confirms Hubert Horan’s predictions.
Read more...Michael Olenick: Update Confirms That Share Buybacks Are Still Corporate Suicide
Reconfirming the findings of a study that debunked some key claims about the supposed benefit of stock buybacks.
Read more...Richard Murphy: Stock Markets Look Ever More Like Ponzi Schemes
Why is it entirely sensible to regard stock markets as Ponzi schemes.
Read more...Wolf Richter: Riskiest Junk Bonds Completely Blow Off the Fed, Face “Sudden” Reckoning
Normally risky credits like junk bonds are the first to react when the Fed starts tightening. But we are not in normal times.
Read more...Can Locally-Owned Stores Save RadioShack?
RadioShack stores are coming back from the dead, um, bankruptcy.
Read more...Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering”
Mirabile dictu, a Republican SEC commissioner criticizes stock buybacks….
Read more...Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts
I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
Read more...CalPERS CFO Charles Asubonten’s Form 700 Violation and His Unduly Mysterious Private Equity Firm
More on the sketchy history of CalPERS’ new CEO, Charles Asubonten.
Read more...Elon Musk’s Two Great Virtues
Elon Musk can conjure up wonderful images of the future. In the here and now, can he even produce cars (batteries? solar panels? anything?) on schedule? What is going to happen to Tesla?
Read more...Millennials Are Waiting For The End Of Capitalism
Not surprisingly, Millennials are not in very good financial shape…..
Read more...Wolf Richter: Tesla Slammed by Tesla (and Moody’s)
Tesla’s bubble is starting to deflate.
Read more...Shareholder Proposals Target Climate Change Risk
Shareholders step up demands for companies disclose more information about the impact of climate change; these calls extend beyond energy companies.
Read more...Mr. Market Has a Meltdown
Musing on the market swan dive yesterday.
Read more...Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
Rising mortgage rate are about to do some damage to the house party.
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