June 5 Bloomberg Interview With The Great Michael Steinhardt
(Via Infectious Greed)
(Via Infectious Greed)
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“Is $130 oil a bubble?”, CNN, Friday May 23 “The Short View: Commodity Speculation”, John Authers, Financial Times, Tuesday May 20 “Whither The Price of Oil?”, John Mauldin, Frontline Thoughts, Friday May 23 “High Oil Prices Spur Thoughts About Bubbles,…
Two powerful rallies from oversold conditions on Tuesday and Wednesday have put the bulls back in control and a consolidation day Thursday – by which I mean a decline of less than 1% in the NASDAQ – wouldn’t change that….
Bernanke gave a speech this morning in Jackson Hole, Wyoming: “Reflections on a Year of Crisis”. Here are some interesting excerpts with my commentary: TOO BIG TO FAIL: The Federal Reserve has consistently maintained the view that the disorderly failure…
About an hour ago, the news broke that Treasury Secretary Scott Bessent told a group of investors at a JP Morgan event in Washington DC that he foresaw de-escalation of the current trade tension with China as the situation was…