Senin, 30 Juli 2018

Here's What We've Lost In The Last Decade

Today's Breaking News:
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"It's Different This Time": Some Very Bad News For The Bulls From Morgan Stanley
Many investors have said 'it's different this time' about Tech stocks over the last few years, and so far they've been right – despite numerous warning signs of Tech, growth, and momentum being crowded, these stocks have continued to go up and dips have meant to be bought. Looking over the last 5 years, selloffs like that seen over Thurs/Fri last week (-2.8 sigma event) have been a good signal to buy Tech, momo, etc. But it's likely different this time. Read More >>

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A Recession In 2019? Kolanovic Warns There Is One Event That Could "Finish Off The Cycle"
JPMorgan's head quant, Marko Kolanovic underwent a curious transformation in late 2017 and early 2018: while not fully abandoning his traditional skepticism, at the start of the year he predicted that volatility and tail risk would be modestly higher in 2018 (even if he explicitly said that an event like the February VIXtermination was unlikely just one week before it struck), while pushing a consistently bullish view both heading into 2018 and again immediately after the February crash (so far stock have yet to take out the late January melt-up highs). Read More >>

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Here's What We've Lost In The Last Decade
The confidence and hubris of those directing the rest of us to race off the cliff while they watch from a safe distance is off the charts.
The past decade of "recovery" and "growth" has actually been a decade of catastrophic losses for our society and nation. Here's a short list of what we've lost... Read More >>







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