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.
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.
Steve Pearlstein is one of the best in the business. Today’s column is a gem: Yes, the financial crisis has passed and the economy is growing again, but there’s a good chance that growth will be temporary — the result…
Four earnings reports out today from prominent retailers show that US consumer spending is clearly in recession: Men’s Warehouse (MW) – “You’re gonna like the way you look. I guarantee it!” – reported a 7.8% decrease in same store sales at…
Yesterday morning Walmart (WMT) reported another solid quarter (WMT FY 3Q Earnings Release). This morning The Wall Street Journal ran a front page article on them: “Walmart Flourishes As Economy Turns Sour” (subscription required). While other retailers were reporting horrid…
A couple of important stories on interest rates this weekend in The Wall Street Journal and The New York Times. The Wall Street Journal described the different forecasts for the year-end 10 year treaury yield by Morgan Stanley and Goldman Sachs…
Erin Burnett interviewed investment legend Julian Robertson on Street Signs yesterday. The second part of the video isn’t working so here is the first part. I’ve e-mailed CNBC because I’m dying to see part two as well. In this video,…
Do we have the wit and the wisdom to restore an environment of price stability without impairing economic stability? Should we fail, I fear the distortions and uncertainty generated by inflation itself will greatly extend and exaggerate the sense of…