As the market grinds through what looks to be a relatively slow, consolidation day, I took a couple hours this morning to review the quarterly earnings a bunch of investment banks released this week. Overall, Goldman’s earnings came in remarkably…
(Via BeSpoke Investment Group)
On Tuesday morning, the October CPI came in below expectations (0.0% headline, 0.2% core) leading to an explosive move higher in stocks and bonds. The rationale is that with inflation now apparently under control, the Fed no longer has any…
I’m saying that things will be better for all the banks….. Things are getting better. It’s not just that they’re stabilizing, it’s not just they’re no longer getting worse, things are getting better. Here’s the bottom line: I believe this…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
Legendary investor Bill Miller, manager of the Legg Mason Value Trust which beat the S&P 500 for 15 straight years before underperforming in 2006 and again in 2007, appears to have called the bottom in his most recent quarterly letter…