Honest Rating Agency Is Punished for Telling the Truth
While Hooey-Peddling Agencies Are Rewarded The big 3 government backed ratings agencies (technically known as Nationally Recognized...
27 Below 0°F; 45 Below 0°F Wind Chill
Ever been out in near 50 below temperature? I recommend it. Since I am in Winnipeg to speak at a CFA conference today, and I had to eat...
10 Mid-Week PM Reads
My afternoon train reads: • Vanguard puts active managers in a spin (FT.com) see also The Appeal of Investments That Cost More and...
Can This Man Save Merrill Lynch?
A flash from the past about the guy who really ignored all of the risk management warnings and helped push Mother Merrill...
SocGen: Pensions Have Too Many Bonds, Too Few Stocks
click for larger chart I am putting the finishing touches on a presentation for tonight in Winnipeg and working in the...
Star-Forming Region NGC 1763
click for larger image Source: Space.com I know that space doesn’t look like this in real life, but that does not...
10 Mid-Week AM Reads
My morning reads: • Investors Are Most Optimistic on Stocks in 3 1/2 Years (Bloomberg) see also Investors’ Mood Catches Up to...
UK to call referendum on continued membership of the EU –...
Australian inflation is heading lower, increasing the scope for the RBA to cut interest rates. The trimmed mean gauge of core prices rose...
Everyone Hates Bonds, 2013 Edition Volume 2
Comment Volume 1 of hyperventilation that the bond market was going to crash came last week. This is a regular running theme we have...
MUST SEE TV: The Untouchables
FRONTLINE investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages. Watch The...