The Great David Einhorn On Charlie Rose
For more on Einhorn, see my “Top Gun FP Client Note: Another Bubble”, October 26, 2009 in which I discuss his important speech at the Value Investing Congress in October 2009.
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The Economic Plan We Need
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NYT: China Grows More Picky About Debt
Reading Time: 10 minutesChina bought less than a sixth of the Treasuries issued in the 12 months through March. Less than two years ago, by contrast, Chinese purchases of Treasuries, which included purchases in the secondary market as well as newly issued securities,…
Top Gun FP Client Note: Impressive 4th Quarter Earnings
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Bill Gross: Welcome To The New Normal
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NY Times: Fed Is Split Over Timing of Rate Rise
Reading Time: 1 minuteFissures are developing among policy makers at the Federal Reserve as they debate how and when to start raising the benchmark interest rate from its current level just above zero. – “Fed Is Split Over Timing of Rate Rise”, Edmund…