Newton’s First Law of Market Mechanics
“A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined,…
0Market Update: July 23rd, 2010
In Market Commentary, Retail onThis is a quick update on markets and models. As you know, markets swooned in April, May and June, culminating…
Prudent Capitalism – China Style
In Market Commentary, Retail onChina is behaving in truly Keynesian fashion by cleaning up bad debts on bank balance sheets and demanding prudence and…
