“Double Dip” is Here

Technically, we can’t have a double dip since the last recession ended almost an year back. But, humor me, will … More

Book Summary: Endgame: The End of the Debt SuperCycle

Book: Endgame: The End of the Debt SuperCycle Authors: John Maudlin and Jon Tepper The title of the book is self-explanatory. The … More

Book: Reminiscences of a Stock Operator Author: Edwin Lefevre This is a book about exploits of Jesse Livermore, and is … More

Book: Risk Author: John Adams “Prudence is a rich, ugly old maid courted by incapacity.” – William Blake Our culture … More

Look at how drastically 2Y, 10Y and 30Y yields have dropped in a week. This is stunning. The 2mo … More

Book: Fool’s Gold Author: Gillian Tett One of the key financial inventions of the past two decades has been credit … More

Book: The Most Important Thing Author: Howard Marks This past Thursday, I, and 25 or so other summer interns at … More

First of all, this post is simply another (simplified, I hope) version of http://www.zerohedge.com/article/forget-vix-skew-tells-true-story-about-market-risk. I claim no credit for any … More

I believe that the S&P 500 is overpriced and due for at least 8-10% correction in the coming 9 months. … More

I have previously argued that Spain is the game-changer for Eurozone debt crisis. If Spain fails, it will be the … More