We’re Number 1! The current Economic Recovery has set a record, the longest advance in U.S. history. That’s nice, but the skeptics will immediately ask, when’s the next crash coming? Right now things in the U.S. look good so no immediate panic – but we know that life is cyclical and a recession will happen […]
These are painful financial markets . . .
A few weeks ago, John Authers of the Financial Times wrote, “Amid one of the quietest sequences for the stock market on record, making money has proved painfully hard, especially for those who practice the art of value investing.” Recent markets have indeed been painful – lacking conviction and meaning, but offering plenty of uncertainty […]
We Are The New China
Well not exactly but it is looking more like this. For many years China was the engine of the world. It was reassuring to see China growing 10% to 12% per year while we in the developed world were stumbling from one Bubble to another. Now the tables have turned a bit. China is still […]