And then grab a stage break Nobody can be right all the time, but Dr. Nouriel Roubini has come pretty darn close so far. That does not, however, preclude being correct into perpetuity. Dr. Roubini has now grasped near constant media attention, and I believe the media’s insatiable desire for co...

The public has been told all their lives to invest. Sock that money away - put it into the market. For the long term. Save dividends, which are now being whacked hard, long-term equity investors have little to show for their efforts over the last twelve years. Throw volatility into the mix, and you ...

The open question is why? The consistent sound bite seems to be “the housing boom that began in 2001…as a result of subprime mortgages”. Even today, Paul Krugman gives cover to Fannie Mae and Freddie Mac while trying to pin the problem on sub-prime post-millenia. It’s hogwash...

Every so often I run accross a story that talks to me - like Read/WriteWeb's  It's Official: There Is No Bubble post yesterday ....There was nothing bubbly there, with an average PEG of 1.4. So the next stop is the "middle 20". These are publicly traded web technology stocks w...

Hell = golf course From betting on the game when the other team doesn’t show… Bridgewater Associates say financial losses from the credit meltdown will hit $1.6 trillion. That means we’re just a few pitches into the second inning in this mess. (h/t Paul Kedrosky) In 2008, autumn se...

Financial Times Why today’s hedge fund industry may not survive By Martin Wolf Hardly a week goes by without the implosion of a hedge fund. Last week it was Carlyle Capital, with an astonishing $31 of debt for each dollar of equity. But we should not be surprised. These collapses are inherent in t...