By David Leonhardt
The Longest Recession Since by now, By now, everyone has heard that the current financial crisis is the worst since the Great Depression. Is this also going to turn out to be the longest recession since the Depression?
The National Bureau of Economic Research — the widely acknowledged arbiter of recessions — announced today [...]
Anyway I’ve been calling a 40 percent drop in the S and P 500 since February, and the fact it still hasn’t happened has me now for the very first time wondering if it ever will! I currently have no puts and am in cash on the sidelines, but will go short again if there [...]
Risk management is the strategy of choice
By Todd Harrison
Last Update: 6:42 PM ET May 6, 2008
NEW YORK (MarketWatch) — Time is the ultimate arbiter of fate. This is
especially true in the financial markets.
A few summers ago at the Minyans in the Mountains Ojai retreat, we were
discussing the cumulative imbalances percolating under the seemingly calm
financial surface. [...]
Stumble It!